I think your explanation for the drop in the SP is spot on but misguided,
First we got this amazing result from Paddys.
This came next.
It appears that some naive investors thought that the entire lode would be like RXRC458 and were so disappointed when they realised that wasn't the case that they sold out driving the share price down.
My previous posts provide detail of what these high grade Youanmi Shear Zone deposits such as Penny North really look like in their early exploration phase and Paddy's Lode is true to form.
Note that although Rox highlighted the intersection in red (above) the total intersection is 20.65m. With a true width of between 3 and 8m RXRC458 is insane and RXDD080 is good.
Note that gold mineralisation has been confirmed at a strike length of 200m and who knows how long it could turn out to be?
As for mining, the Lode is angled at 70 degrees which RR notes in his presentation is "perfect for underground mining".
Rox will run a decline to Paddys, perhaps from the base of the Bunker pit.
Rox received a lot of investor interest at the recent RSS event and I'm confident that smarter investors will soon take advantage of the discounted SP.
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I think your explanation for the drop in the SP is spot on but...
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