I don't think you can blame management for this. They have kept the market fully informed on every step of the drilling progress.
The ones you should be looking at are the big insto dumpers (Cunninghams?) who played this like a cheap violin. Their strategy of undermining confidence with unrelenting selling to drive the price down was executed to perfection. If you sold into that, you can't blame it on "leaky boat" syndrome.
GDN Price at posting:
6.7¢ Sentiment: None Disclosure: Held