I though it was good news... I played defense, and did a little penalty killing, during the St. Elias investor hockey extravaganza. While I was there, a kind man gave me all kinds of insight into the company. He said that this was certainly a 10 bagger, and the mining companies and commodity hungry countries were circling...very exciting stuff. That night when I got home drunk on beer, promises, and castles in the sky, I logged into my trading account, and took every penny I had and put in a market buy ready for Monday morning. Not sure what the price was at the time - probably in the $1.50 range or higher (note: not sure cause forgot and too scared to look). I was a little reluctant buying at first, because with such an imminent windfall, I didn't want to alienate family and friends when I moved into my new mansion with my new boat, trailer, and wife. Afterall, the golf simulation room would be a little over the top. Anyhow, I too heard of the 1 g/t over the whole anomoly - whatever that is. So, as the price declined, I put any spare cash after my bills into more stock - someone mentioned that there have been a few poor press releases with poor drill results. Drill results? I know that people are trying to scare me into selling my shares on the cheap - we already have historic non-43 101 compliant trench results that are AWESOME!....some may say that drill results provide more information about a deposit - but screw that. 1g/t over the whole ANOMOLY - press releases CAN NOT CHANGE THAT!! But then, some other jerk told me that the results indicated that they only hit 1g/t on a super tiny percentage of the core, meaning there is no way in hell that even 5% of the area has 1g/t - probably more like less than 0.05% he said. I don't believe that for a second - the whole hockey team TOLD ME the deposit would be huge and full of gold.
Anyhow, good luck to the LONGS!!!!!! Should be an exciting ride.