Fact is the share price tanked cant change that today anyway but...

Fact is the share price tanked cant change that today anyway but fact is those selling have decided a) The drilling results from the drilling campaign mid Decemember will be a dud and or b)can't be bothered waiting.

Now until you know the results the only thing you will know is how much in losses you crystalized if you bought above current prices and how much cash you have to punt elsewhere.