Drop was on the Cards! Ordinary set of drill results, no eye catching holes and no more drilling until next year, not a lot in the press release to get excited about apart from the fact that they will not have to raise any new funds any time soon.
No reason to hold at this point, will be setting a new 52 week low (sub 0.38) and could drop further with a bit of book tidying come end of year. Would not be surprised to see it at sub 0.30 as it trends lower, money in ECC is dead money until next year.