So what's happening with MPJ??

I bought in reading that they were starting drilling in early April in Pilbara and a highly prospective site 500m from PLS drill sites.. Seeing the price stagnate at 0.7 up from 0.5-0.6 in a matter of a week, I decided to sit an order @ 0.6 for about two days before they buy came in.. Thinking this price would go up over 1c before we even start the drilling.. Now I see its dropped to 0.5 and everyone is now bad mouthing it.. Big chance from what I see in only a week.. What's the real deal here?