No one so far has written anything aside from all speculation about the resignation of CEO. We can only know it's a good or bad thing if someone tells us the real reason behind it. Market has also speculated, as it should, and traded the shares down. I wonder if anything substatial about the company ie what it has in the ground and it's cash position has changed at all. I don't believe the the drop in sp today has anything to do with the market knowledge of why and how the CEO has resigned. CEO resignation isn't usually seen by the market as positive incident; almost always sending the stock into a panic selling mode irrespective of. That's what happened today. tomorrow's price volume action could be more telling because the real news will be out by then. I'm holding my shares because I should. Wish good luck to all who bailed out today elsewhere and even better luck to those who stood fast. I think the stock is undervalued and I am not selling.
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