Timing of ResultsTiming results for a Friday after market close is often a sign of bad news. I've seen it before. It is timed that way to allow people to simmer down over the weekend and to console themselves with thoughts of "ok, so this is just a temporary setback, etc." Then, hopefully, by Monday they will decide to "stay the course" or "keep the faith, the future looks bright."
That being said, in this case the rationale might be a different one (I'm already trying to keep the faith). The huge crosses we have seen are indicative of deep-pocketed investors who would presumably be "in the know," before they commit substantial amounts of money.
Then there is the fact that we are looking at record nominal gold prices. If the POG holds, and if results are not disastrous, but only somewhat disappointing and if the story continues to look good and promising, the market might just decide to ignore a mild disappointment.
However, a confluence of negative factors, like a plunge in the price of gold, or a general correction in precious metals stocks, might have a compounded negative influence on BTO's share price.
Thoughts?
Has anyone heard of mill-stoppages, labor unrest or other negatives that might be impacting results negatively?