Ann: NBR Iron Project Update, page-23

This end of the market is dominated by swing traders looking for pips, it also has a heavy loading of impatient holders looking to make their fortunes in short turnarounds. Few in my experience are willing to hold longer than a few months at best to earn there money and will take small losses dumping shares to chase their "next big thing".

Give it time, those that have researched know the value and potential and will be rewarded. Traders will use news like today to sell out of a position, let the market digest it and move as it needs to. Considlidating at these levels only helps us move forward in the long run as more good news is revealed.