market depth telling another story, page-3

From memory they were working on drill permits late last year and drilling scheduled early 2014 which could mean anywhere from January to say April. Given Jan is almost done, we probably will get some news flow coming in. Here's what I'm hoping for:

1) Assay results and update on Dundas: 2 weeks?
2) News of drill permits: 3-4 wks?
3) Drilling commencement: 7-8 wks?
4) Drilling preliminary results - 11-12 wks?
5) GOLD RUSH!!! 14 wks....

In any case, they chose a very bad day to release the results as all the mining and resources stocks I was watching were down uncharacteristically yesterday. The sell side have subsided now and volatility is now less of an issue. Question really for people is why sell at a 40-50% loss when they still have pretty good targets for exploration in the next 2-3 months in Peru. Sentiment for me is HOLD the ones I got and top up a bit just in case newsflow coming in this quarter gives something good. why not? It only needs to stabilise to the last capital raise for a 100% return lol