Not necessarily the case with good announcements, most times sell on the good news and funds sell it down further to get cheap shares for when it does go up later.
Am not sure how management are controlling the share price as they have bought quite a bit at much higher prices and they are definitely down a lot as well, just look at the total purchases done before in the past, large amounts bought at 5c some at 3c, etc...
I think they too are scratching their heads, but the market is the way it is at the moment, I do believe though that once the other results start to come out and shows a consistent copper and moly %, then it will pick up as it will then show the current results are almost similar to the previous ones that show a considerably large resource, of course once they have a JORC resource this will definitely take the price higher.
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