two things come to mind...

1) normal indigestion by momo money dumping for a faster moneymaking play than this emergent producer...very typical of this sector after large PoG dump to $1320s.

2) shallow, quickly scanned, knee-jerk analysis based upon 1st Q "net- miss" based on DELIVERY of loaded charcoal to jt venture capitalist as opposed to 1Q13 open market sale and then sending payment to JV from 1Q13 resulting cash flow. 

Payment via loaded charcoal is smart, very very smart.  Nice to see an emerging junior use their head this way.  I'm impressed with this. Has tax advantages FOR BOTH partners.