RE:RE..RE.. YAWNI too thought the share price would get a boost from the PR, but not only did SGD close slightly down today, the volume was a mere 63K on the TSXV vs. their average trade volume of around 100K.
The only reason I can think of other than junior gold explorers in general are out of favour at the moment is SGD's market cap is still at around $600M which the market may view as fair value given both their outstanding assay results and the question of what the Valley asset is worth given the money it will take to get to first pour...? Also, once you hit a few great holes, market expectations rise when releasing the next set of results, and unless you exceed those high expectations, it's status quo re. the share price. NFG is experiencing the same thing.