They only released a small precentage of the core results from the first assay results and the market reacted with a huge selloff.
Given that this is the first drill in a new area and that only 10% of the results were released, a bit of an overreaction from the market, perhaps due in part to expectation of an instant result. Lets hope that the results of the rest of the core will find something and the stayers will get rewarded.
There will be more work coming up shortly at LB within a month or so. I get the feeling the momentum will shift upward from here considering this combined with the Barnes Hill drilling.
PRW Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held