Greets,
The price slightly adjusting downward doesn't surprise me much at all. That latest bit of news is certainly not earth shattering.
There are inklings of good tidings, such as securing title, and at least the fact of the company communicating.
However, the news certainly doesn't indicate the discovery of anything. In fact the report is likely to state verbiage in regards to the "potential" of discovery rather than actual discovery.
This leads to needing MORE funds for 'futher exploration' which was actually stated.
Further, words like "holding" and "future" and "potential" are not going to make the thing sky rocket.
I think the price is going to stay level (maybe even dip a little) until the report.
Pantz
