Glorieux, you said the following and if that is the case I think this can explain the SP drop. People do not have the patience to wait for confirmed AT12 numbers, and since there is some uncertainty in what they have found and what they potentially will find, it makes sense to wait and see.

"I got a chance to talk to Jeremy directly at Christmas and he told me back then that he was excited about the prospects of AT12-actually, in our short conversation, that is the only thing he talked about. I believe if we saw the actual results of AT12 as they stand right now, we would be dissapointed as we have such high expectations of 5%+ nickel. If they had a significant, company changing visual report from AT12, they would report such visual and this is why I believe it is not something that would impress us."