Upfront. So why didnt they drill the 3rd hole then? I'd be pretty sure they knew at that time it was a bust
They wouldn't have known it was bust but they would have had an educated opinion for sure. But I don't think any management team would before make an announcement before samples were analysed and say we don't think there is anything there. If that's what you think defines good management there is no such thing as good management.
Looking at the sell down over the last couple months in hindsight it was pretty obvious someone knew what was going on which means a leak or a dodgy by someone holding a large amount.
It's called insider information. When you look at the number of people who are involved in the whole process you understand that leaks can come from anywhere. It's unavoidable. That's why I am a strong believer in share price volume action. Often very hard to tell at the time but in hindsight it can often explain a lot. The stock market is a rort in many ways. You have to learn to work with it. Most importantly you must always take responsibility for your own investments, not look for others to blame. There is nothing more speculative than mining exploration, you want the potentially large rewards you have to take the risks.
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