Situation is completely different from last year when nickel and all commodities crashed and it looked like the financial system was in melt down. In addition we have much better grasp of potential deposits and value.

This is the stock market and today, on relativly low volume, you're seeing what an injection of fairly undeserved 'fear' replace 'greed' and once it starts it has to run it's course before wiser hands take charge. Somebody is making money today as they will tomorrow.

Not pretty but that's the market somedays.