Any thoughts about our price dropping after last results despite being high grade? What was the consensus on why? Was it just those who were investing for the short term trying to trade on news hype moving on? Was it institutional? I do also recall a minor geological feature perhaps being taken off the table by those results despite being high grade overall, although I also think that was subsequently compensated for by some new nearology that came up?
Either way, this package of drilling is significantly larger and we're going to be that much closer to the mark with the information from these last few sets of cores. We're at a different size/stage now too, so perhaps more insulated against the short term trading that characterised the last drop.. I note as well that it wasn't a drop that lasted, a few weeks after those results the price action I would have expected to see finally happened. Just really bizarre to see the movement in the time between the results being posted and being priced in.
Very clearly a noob here but I hope my musing and publicly working through coming to a deeper understanding can help others in my position to also learn. There are some very clever posters in this thread I'm sure you guys can help me connect these dots and make sense of it all, for all.
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