price drop, page-227

Share price rise or fall depends on the perception in the market. I wouldn't think that the 20c raise is on hypes alone but the conviction of management and the new comers willing to pay for the shares.

Management has not given any explanations or excuses as yet the assay's results are not out and no proper analysis have been made.
Management has not responded to market concerns and continued to have their heads down, arse up with their drilling. They have made Newleyline a priority and not waived at all in their approach. Some shareholders are willing to pay more whilst others are happy in taking a profit.
The way I look at it, is either management are not realistic or geniunely believes they have something worth chasing for. Many are with management and willing to go along for the ride. They know what they are doing and willing to continue to prove up their belief. The profit takers' shares were bought up by those that are willing to back the company. At this level, I like the upside risk.