Everyone seems to be scratching their heads over the impressive results name of this thread, but a collapsing SP.
I for one thought the results would lead to a downturn. They simply didn't add anything new and the area of the good copper is small, too small for a $60-70m market cap. The announcement stated....
"A potential repetition of the style 900m to the west"
You probably needed the word potential taken out, as in they needed to find mineralisation for the SP to stay up. Potential is for $4m MC stocks, not $60m+ ones.
Impressive Results, page-35
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