RE:Short covering I guessI think the market is reacting to the lack of any content regarding the underground mining. One of the challenges with this stock is management has been pushing the potential at depth of the project. The PEA doesn't consider underground at all. I think most analysts are looking for an initial assessment of the feasibility and costs of mining the underground resource. Until they get that, the project is difficult to price. It is neither a pure open pit play, or an underground play. The market doesn't like uncertainty. We are aware that the open pit mine potential is there and will be profitable. The PEA confirms that but doesn't provide any new information. In terms of the content, including three pits at this point is a reach. Marathon is viable, Leprechaun needs further open pit resource development but will be viable. The rest of the site is still blue sky. I think this could be the start of a long run up in price if management makes it clear that this is a pure open pit play. Reaching to include resources that are spread across the site might impress retail investors, but is a sign of weakness to funds. I'm a long term holder of shares and believe the company will get there eventually, but I am concerned about the PEA's failure to comment on the underground costs at all. That will be interpreted by the market to mean they looked at the underground, found it unlikely to be economic, and chose to remove it from scope rather than place that opinion on record. As news goes, the PEA confirmed what we already believed about the open pit potential. It didn't add anything new, and cast a long shadow over the underground potential. Just my two cents worth...