Massive overreaction by uninformed investors. Refer this statement on page 2 and then the diagram on page 3 and appendix A and B on page 5:
"Current drilling has stepped out 50 to 100m below existing mineralisation to a vertical depth of 230m, effectively doubling the depth of known mineralisation which remains totally open in all directions."
They were only drilling the deep targets which returns these assays, showed the peg they were drilling is very deep and doubled in depth from 147m to close to 300m.
Ann: First High-Grade Assay Results from Pontax, page-11
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