Look at Bushveld, almost at the highest sp again, despite retracing V prices, also it does not look as a problem with some emerging substitute or product.TMT did not go up with increasing V price, no reason why it should go down with it as long as it stays at least above or around the level, that was used in PFS.
I think some shorters just took opportunity here making some quick buck on selling the news of our neighbor and seeing the general capitulation/desperation among the junior sector, where all news get sold. And no one is really buying this time, before xmas + some people stay away because of the options getting released from escrow.
Look at the sp drop even when our PFS got released - on that particular day it also got sold automatically and one day later, when people actually looked at those results it triggered a run upwards.
I think sell the news are just easy money for traders..
Might be wrong though, I don't know sheet.
