RE: News is good :)IMO news is not very good at all and the 1.47 M shares traded so far today seems to support that.
G decided to quit as it appears results didn't fit their threshold. They spent about $ 6 Millions in the properties, completed a decent amount of drilling, evaluated all the data and decided to step down. As per their opinion their share is not worth more than $1 Million. All the expenditures for future exploration will need to come from GQC so they will need to raise $$$ and dilute. (I hope they don't do that at this SP levels). GQC and Alistair in particular has not done a very good job in promoting this co. and keeping shareholders informed.
A lot more will be needed to ignite this under performing stock. JMO