From their latest preso it looks like the 2nd drill hole will be very close to where BHP drilled and encountered the high grade 26 grams per tonne hole. So #1 could well be true.
Another possibility is ARX released very poor results today and people could be jumping / changing ship while it's still early.
Couldn't believe the opportunity to accumalate at 3.7 cents last week even after the market had turned.
Maxy