The price fall
I believe that it was connected more to the Euro Zone problem and the drop in nickel from $12, than the dilution caused by the Prophesy situation.
It would have been nice if the stock price had gone up to 50 cents on the $12 nickel price, then the Prophesy deal followed by a possible 1 on 4 reverse split.
Still the Frac Sand, plus better drill results and another rise in Nickel should help.
Only thing that bothers me is that they include removal of the overburden as part of the strip ratio, better they give the strip ratio based on the mining of actual ore body, not what's covering it.