That might be a bit harsh, the upgrade was well telegraphed, anyone looking at the drill assays could see this was coming. Some might have bought to "sell the facts" as a short-term trade. The results justify the higher SP, still waiting on Barimia results as well.
It's going to be very interesting what turns up between 200m-400m. West shoot looks particularly promising and what will happen when it meets up with the central shoot? High grades hopefully persist.
A very basic back of the envelope calculation if high grades persist (1750 oz per vertical meter) is say another 300-350k oz. Blue sky, you have 700-800k oz down to 600-700m.
Ann: Ulysses Gold Project Mineral Resource Jumps 55%, page-7
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