It wouldn't take a massive leap indeductive logic to understand why the price may have dropped as it did yesterday, in the face of a good news release, as those in the know may have gotten out ahead of this lousy news release this morning.
Let's see how it possibly unfolded(I'm guessing here only - not stating as fact), they had two news releases to make, one good - one bad. Release the good first, and sell some into the price increase, then release the bad one the next day. Hmmmm! Keep in mind that my description of 'those in the know' can cover a much broader range of folks than just corporate insiders. Who knows what happened for sure, I don't.
I wonder exactly when the company got this new adverse metallurgy information? Perhaps they could clarify the timimg to remove any doubts.
Sorry for the rant, just frustrated at the crummy preliminary results.
We will be paying the price today.
GLTA.