Ann: October 2013 Investor Presentation , page-7

The market has not appreciated todays announcement, voting with its pocket, because its just wish-washy stuff when we were expecting some further drill news. I don't see how the report could be designed for brokers or for investors to encourage conversion of options because it says nothing really. What a waste of time to write the report rehashing past stuff and all we got was another 1 cent down in the SP, thank you very much.
If you have nothing to say, THEN DONT SAY ANYTHING. That's a golden rule of the market. The fact they said nothing new only leads people to speculate as to what they are seeing with the current drilling. Sorry management, with a dipping share price I rate this announcement 0 out of 10 and even then I'm being generous.
I am still holding. Personally I do think its in oversold territory, but a bit more street-smart saviness with announcements would not go astray