Ann: Programme of Work Approval Received, page-45

There is a lot of anticipation built into this stock at the moment, as the wait for the results is stretching out. With anticipation also comes nerves. It is easy for people to believe that the results are complete failures and they will lose a lot of money that they have put in. When you see selling like today that only heightens this fear and people react in the absence of facts believing that someone in the market may know better. Ie be trading illegally with inside information. Insider trading is a breach of the corporations law and evokes penalties under the criminal code. People might believe this activity is prevelent in markets but I'd suspect it is not as prevelent as most think. People engaging in this behaviour are breaking the law and risk potential jail sentences. You will find that not everyone is willing to go to criminal lengths to make money. If they are they are extremely stupid in my mind as I'd rather live without money and be able to walk free, than be rich with the chance that someone might knock on my door with an arrest warrant.

I think as small investors we can only trust in the facts that caused us to enter our positions until those facts are proven differently and then we change our expectations. The movement of a chart might be telling for some but it hasn't said anything about the drill results yet. If for some unfortunate reason I end up getting smoked on these drill results, the rest of my portfolio is theire to cushion my bet. It's all about weighting with stocks this speculative. Take the pain if it comes and move on but don't let fear ruin a potentially good trade IMO. Esh