my opinionConsidering the lack of insider selling, I'm wondering if this announcement isn't phrased in this way to temporarily bring down the stock price so that people in the know can buy in cheap and make some money on the up-swing. Sounds like wishful thinking, perhaps....but it's been done before. Also, the only stocks of the group which Barr has been dumping are CVV. He bought a few PFN at .42 in April. Only time will tell but the indicators I watch are the insider activity, the history of the project and the commodity prices. Yes, Palladium has been down forever, but Platinum is more and more in demand.
Don't have a crystal ball but I am venturing a guess that this stock will generously rebound over the next 6-8 weeks as the further assays get reported. There is still a backlog in the labs so the results may come trickling in or it could be a strategic ploy on the part of management to manipulate the stock to their advantage. Speaking for myself only, I'm hanging in to see how things go.