I think a lot of people bought in after that initial 228% increase thinking it was going to continue further which it definitely could have, had they had a similar strike or better. That being said, yes they confirmed the mineralised zone but a lot of people have sold out not wanting to risk losing more if they pull up dusters on the next two drill holes. I almost think that today’s announcement was a form of damage control, I’d say REZ would have seen red without it.
At the end of the day, it’ll be interesting to see what they pull up with the remaining assay results and deeper drilling.
Ann: Commencement of New Drilling Operations at Gigante Grande, page-9
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