Ann: Redmoor 2017 Phase 1 Drilling Update, page-26

You need to read it as a whole, not just take out one line. Phase two is used to ensure the next steps are carried out in the best location to move forward with the project. That's what they have/are doing. And Phase 1 was still littered with high grade, its just that this section they believe to be higher again.

I would think that's pretty obvious if you know anything about these things.

I don't think people are selling today because of a "poor report" that you are trying to create. If it was poor it wouldnt be a "Juggernaut"... It is likely due solely to holders giving the share price one last chance on this announcement to give them back some loses before bailing.

Catch 22 is that it is likely also the reason others did not buy today, lol.

This is backed up by low volume and slow sells through the day, not just one big panic dumping.