ManagementThe Company badly needs someone who knows something about the stock market on staff
Personally I don't think Alistair knows the difference between a Stock Market and a Super Market.
To have not given investors a chance to digest the numbers from the drilling-either by halting the stock for an hour or so, or releasing them early enough that you could read them before the market opened, was the work of a complete amateur.
It may be time that the Chairman, Neil MacDonald, who I assume knows SOMETHING about the Spec resource market, gets involved and hires someone to co-ordinate investor relations.
By not doing this I believe they may have saved $5-$10,000 per month, but managed to knock off MILLIONS of dollars in share value by botching a good News Release.
Some of the reaction you are seeing now vis a vis SELLING has nothing to do with percieved value and everyting to do with investors believing that from a Stock point of view these guys don't know or care what they are doing.
If you are wondering about the Coffins I would guess they are evaluating whether they are going to recommend a Company who seem to be doing their best to screw up a good opportunity and costing shareholders a TON of money while they try and learn about stock markets on the JOB.