RE: People are selling with this news?I found this post elsewhere, I couldn't have summed it up better myself. I bought in at 2.40, and am confident that in a short time we'll be going up again. Here's the breakdown:
Both MMG and DRV have sold off bigtime over this news. I do not think people understand the significance. There are two porphyries on the property, separated by a zone of country rock. The two zones combined amount to an economic deposit, and the interval between would have been considered waste rock that would be blasted out and dumped as part of the open pit mining process. We now know that the interval rock material is mineralized. It is not the same high grades as the porphyry, but it is still economic, and much more attractive to the pit design. This is very good news.