Today is a case in point.
What is, essentially, a good release, with the suggestion of big things to come, meets with a 4% sell-off on above average volume. Poor old management must be tearing their hair out wondering what they have to do to get the price up.
The NR makes me feel very optimistic about the potential of our forthcoming resource. It really could be the huge thing that many of us have been looking for for so long. But it doesn't make me optimistic about what the market reaction will be.
Let's hope and pray there are considerably more favourable broader market conditons come December. Let's also pray the there is a shift in attitude towards the bulk tonnage, low grade operations.