IMO
1. Is it because we were artificially inflated over the past 3 months and this has just brought as back to reality? It is all about emotion.
2. Has the SP drop been fueled by shorting of the stock? Again emotion
3. Is there another reason that has caused institutional investors to switch gears from buying up only a short time ago to selling now? emotion
4. Is this simply manipluation by larger traders, for one reason or another? emotion, emotion, emotion...
BTW has anyone seen the Global Gold map by Intierra Mapping. San Gold has sponsered it along with other companies. Company sponsors on the map tout Mines and deposits Greater than 3 million ounces around the world. Surprisingly enough there are not a whole lot.. Here is the link: http://www.intierramapping.com/2008-... I have my copy that I will be hanging in my office.