What a week! Well, traders are smarter than I am, that's for sure. The market reaction to what are, without a doubt, good results for the first 4 holes into a target that's wide open, was surprising but not totally unexpected when dealing with clearly jittery holders I suppose.
The grades encountered are clearly economic if we use Cluff Lake as a guide. And remember that those were the first 4 holes into one of several targets on the property.
I've posted at length about the data on this play, but nothing other than results will change the market's view. Until then, there's really nothing more to say other than "stay tuned". The market is treating this like it's a dead horse right now, but the data says this is more like Seabiscuit. Time will tell, but we're barely out of the gate in terms of the drilling to come. The data is all there for those who care to take the time to interpret it.
Just my opinion, good luck to all. Thanks to all that add value to this board.