ALK

It has found a big porphyry system and is drilling to confirm its size.  When the grade is good and the layer is thick and not too deep, the market loves it.

But when it digs on the periphery and never reached the end of the deposit, AND the superficial grade is not as good, the investors dumped it.  It is silly because the announcement showed that the grade got better the deeper it is... and it is opened at the end of the drill hole!  That means the grade may be better and the deposit could be thicker!

Am I reading English wrongly?

I was going to top up the next day, looking for suckers who are dumping more of their holdings but someone saw the light!