Another reality here is that during the recent crisis the gold juniors were virtually decimated.

The spike after the major discovery in late 2007 and early 2008 aside, KXL stock did not drop nearly as much as the average junior because of the quality of this play.

The recent downward action vs the rest of the world is merely the others recovering some of their losses and nothing else. It would be natural for some to sell a few of their prized KXL to take advantage of market momentum.