if there was anything good or bad
according to the "cheat" scenario, if someone knows there is good news coming the shares would creep up,
If there is no news and it doesn't do anything but slowly go down then they got nothing so far,
so if there is news of holes with no gold coming, then it should go down. This is we assume that the news is out after stock action reflecting the news....THIS ONLY CAN HAPPEN IF THERE IS illegal trading activity so if there is NO illegal activiy then the news is fresh and there is no cheating. This is why it is good to halt the trading before sending the press releaset to the news wire, so they can't cheat on the news. It would be interesting to know how the assay lab is prevented from knowing the results, is there a method or do they get first dibs on the info?