trying to make sense of it

Any thoughts why after such a great announcement, WME has failed to even consolidate let alone move forward. The news was exciting, pointing out that even the least likely areas of the tenement are turning up higher than the average expected ppm's. Now we know further news is due any day and we've all heard the T/O speculation so clearly there is an inability for the market to digest the relevant facts. Either that or we are seeing a carefully orchestrated push to devalue the stock in order to provide accumulation opportunities. Either way (for me) it is quite frustrating to watch.
PS: Not interested in any down-ramping crap either (Daredevil, that means you!)... but maybe some educated assessments of when and where WME is actually headed.
Cheers.

PS: Dalvin: I thought your post was fantastic the other day and am looking forward to the upcoming announcements. As per another post, you clearly have had a lot of time to put a detailed post out.