there has been a lot of people cutting their losses today or...

there has been a lot of people cutting their losses today or alternatively selling the heads as they intended to upon the announcement of the JORC resource.
There was no suprise to the downside that warranted the sell off so perhaps it was simply higher expectations that were the problem.

pick your times to buy and you will make good gains.
looking at nearly 100% from here if it hits the target that shaws have on it.

cheers