Ann: Further high grade gold paves way for Resource upgrade, page-15

Surprised by the shareprice reaction after this positive announcement. However it was low volume (1.4m) and going by the wording, "resource upgrade imminent", IMO it is quite open to interpretation with 2 trading days left in March... some may be holding off on buying to see what happens prior to the months end - as they could potentially get cheaper entry levels if the announcement doesn't meet the months deadline.
Risky move IMO, as most would want to get in prior to resource upgrade, it will be minimum 1.6MOz IMO and that is a big upside. I would hate to be a a potential buyer holding out for a few pips (going from low 5s to high 4s) and suddenly the trading halt and big increase in resource arrives, investors pile in and suddenly we are opening at 7c + after trading halt. All IMO but exciting times ahead with this stock and with more drilling and the fact we have room to move, means plenty of positive announcements to come in the future.