RE:RE:RE:RE:The good, the bad and the uglyHi Angelique,
Much more likely the stock was down 5% because nothing goes up in a straight line and it was due for a correction of 7-10% from the highs after a 25% rally in a month, and 125% year-to-date. The more in demand a company/stock becomes, the more it corrects to shake weak hands out. The news release was anything but disappointing, and the news release wasn't lacking in demand at all, but to each their own I suppose.
Companies that are acquiring are looking for higher-grade starter pits, lower capex, and faster pay-back. This is what study will look at, and it also opens up Marathon with the possibility to go it alone - they will not have an easy time raising $250+ M for this mine after already selling as stream, so a mix of debt and shares is likely, and a lower amount means less dilution.
The heap leach and 'low grade' ozs aren't lost, they'll be implemented later. I don't see any reason for negativity around study until we actually see study. I also don't agree with bashing management (Manson), they've done nothing wrong. He's made key hires, he's kept options for new hires to a minimum, and he excelled at construction at last company whcih should not be discounted.