It's a good release in many ways since it confirms more gold bearing ore and quite a bit of it extending the previously proven area. Yes it's low grade but for open pit operation not bad.

The market could be waiting for the results of drilling closer to the 'bonanza' trench which is opposite end of deposit from the drill hole results released.

At $900 an ounce one gram is worth about $29 but open pit mining and leaching should still be profitable especially as there are higher grade areas. Would be nice to have someone put a rough value on the total deposit in situ but guess that's awfully hard to do yet. My guess is management has a back of envelope calculation but nothing they could release.