"shorts covering
to do it all over again?"
I'd be surprised if this is shorts. They will want to wait for heat to be taken out of the ann by profit takers. Even then I think this might be the catalyst for them to back off. This presents a huge risk now.
The only thing holding BDR back was the longevity of the grade. It falls off a cliff in 18 months at the current mill rate. This ann will scare the pants off shorters. They will however be back in droves if drilling later throughout year doesn't support these initial results.
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