The results and announcement are definitely positive, for sure both would be weighing on overall confidence.
Possibly the market was expecting better grades? I.e. 1,000ppm > 1,500ppm. Alot of REEs use a higher cutoff grade lately.
Long term BCM has potential, given the selling into the news release don't be surprised to see this continue through the week, I'm seeing 2.0c as a short term support level.
BCM Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
