Gizard, couldn't agree more. This is one drill hole of many to come, but the statement could have been worded a lot better if in fact the news was better.
For me given the mass histeria and long punter positioning in this stock it is likely to unwind for a while IMO. And I am still a decent holder so I am not downramping. I sold some today to be free carried though so I am happy to bottom draw to some degree now as I don't have any net cost exposure anymore.
TRH Price at posting:
95.0¢ Sentiment: None Disclosure: Held