It all depends on the economics of the PEA.If the IRR turns up to be above 50%,who wants to take a chance on a small gain in return for a huge loss.

I hate to say that this time is different.AE had kept such a tight lid on the news float and each time a news came out , it delivered(or like what one poster stated"under promise and over delivered).So,shorters beware.Go ahead and you will be burned.