Well, twilight, you seem to fit my stereotypical view as being the board's curmudgeon, and I thank you for that. I always want to have my own thoughts and assumptions tested, as the same evidence can produce very different conclusions in other minds. That said, I think you are being overly twilightish at the moment. ;-)
Just ten days ago, we were all thrilled to achieve the 0.70 price point, on the way up. It's hard to say just what the market was expecting by way of news, but I know that I, personally, was not disappointed. But perhaps that's because my understanding of the prospectivity of Bellechasse, and my faith in that understanding, is not based on a cursory reading of a few paragraphs in a news release.
I differ from you in your view of the market. The market is simply the market. If the market was always right, then there would not be any opportunity coming to those astute enough to see value not reflected in a particular share price. If the market was always right, then momentum trading would not, could not, be a profitable trading strategy.
I bought 150k shares today.
Lar