I was curious about the market's reaction to yesterday's announcement. It was flagged market sensitive with the header Marymia Exceptional Gold Results but only contained previously released results with no new info other than flagging plans to do more drilling. VAN's previous announcement stated:
"Mining studies and examination of processing options are being run in parallel with the resource building program so that the Company can rapidly transition to completion of feasibility studies and the potential development of a major high‐grade gold project.
This release will be followed by a detailed announcement setting out the outcomes of the Company’s extensive 2020 drilling campaign and its plans moving forward.”
I think the market has just been thrown a curveball
VAN Price at posting:
9.1¢ Sentiment: None Disclosure: Not Held