I feel the same..... let the finger traders push it back down and then add to my position.
I figure that @ $12.50 / tone the 8.4 MM tone puts the known resource @ $100 MM bucks based on the value Cliffs paid for FWR and SPQ and is currently offering KWG
That works out to about $3.00/ share
The recent drill results will only add to that number.... Therefore I am not concerned in the slightest about all this paper coming into the market.... in fact I hope to see the 50-60 range again and I will double my position.