Every turn with this stock, people overreact to each announcement. Really defies logic... It's as if people were expecting surface results all the way down, which was never likely to be the case. This is the first set of results, it's a positive and shows that there is gold in the group. They are cashed up to keep drilling, and have proven that the Japanese tunnel joins up.
Once all of the drilling is complete and the Scoping Study is released, people are going to think back to days like today and feel pretty foolish.
I'm sure most of it was a cascade of stop gaps but it still doesn't explain some of the bearish statements coming out of some peoples mouths in other threads.
If you can't handle a bit of volatility, perhaps you should buy blue chips stocks, not high risk gold specs...
Sigh
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