RE: UBIKA is a Paid Advertiser.... There could be lot reasons why they didnt drill the high grade zones. Heck, DAN is at a $1 now. Even if GER had reported grades close to DAN, I believe we still be sitting with the same SP. Lot of companies that are reporting good results are not having it reflected on the SP.
I am just not even sure if the SP is down due to the grades, I mean it was already down way before they released the news. The market is horrible for junior stocks now. I am pissed as you but it just doesnt add up. Remember this stock was at 60 cents and dropped to 30 cents and it went back up again to 60+ cents.
Why did it go back up and down at that time? The obvious answer is the fear in the market overall.
The CEO could have sold lot of shares in the 60s instead of 50K shares he dumped if he didnt believe in the property.
We will have to wait and see the next drill result to know if we got played or not.