Inital announcements should not be allowed in such dramatic and 'excitable' terms unless backed up with accurrate and confirmed results as this would allow confirmed discoveries hold their share price as give credibility to the company and the market processes. Volatility can be fun if you have the appetite but less 'drama' announcements are needed as it builds credibility. Boring, but steady building on factual information makes for confident traders. Just my thoughts.
Ann: Nickel Discovery Extends Over 3 Kilometres, page-139
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