simple enough..

the result was not exciting so the traders sold the stock down. The technical traders and average down players, stepped in and bought. The hole still had mineralisation 1 km away and the stock still has work to do before the market sends it north or gives up as it draws into a long drawn out drilling program. The company is capped at around $25m with potential for a real discovery. Maybe it will come back to life if it drills a big number hole and gets traders imaginations going again. We have seen it with things like CDU. Now CDU needs to find something even bigger in order to gets people excited again. They shot their load too early it seems.