I think there are a few people that hold large holdings that are...

I think there are a few people that hold large holdings that are selling into the announcement.
Like many cash is king and spec stocks are on the nose.

However those gold grades are truly amazing, and we should be looking at Oxiana's Sepon mine down the road as a comparison.

Sepon has about 4.5Moz of gold, which means they will be mining 100,000oz for the next 45 years.
Its currently costing around $180oz so they are making $720oz profit or $80M Profit per year..

Check out the gold grades that Oxiana is finding at Sepon.
ARE's grades are better in many examples.

There are still many unknowns however it is all looking very very positive.