Newmont mining, an S&P500 company, announces that they intend to open a new gold mine in the Himalayas. Upon this announcement, their stock price falls. Which of the following does this fall likely indicate?

Group of answer choices

Stock market investors do not value gold

The stock market believes the new gold mine will not be worth the expense

The stock market is not paying attention to this announcement

The new gold mine will reduce demand for gold

The stock market believes the new gold mine will create value long term, but not short term