Why?
SP on day 2 after ann. ran to 36c but then sold down to 25c
Still over 100% gain from Monday but not a great signal of confidence for this horn blowing announcement.
What am I missing here? Is the ann. not as good as the grades sound? Too shallow, not long enough strikes, not enough drilling to estimate resource to justify such a high MC yet?
No down ramping, just want to understand the ann a little better.
Market not impressed
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