I think there is a psychological problem with this downturn (as opposed to 08). People who invested in juniors & resource stocks in general have lost a lot of money while they watched US markets go higher. Without company, misery intensifies. A lot of juniors investors (Peter included) obviously are not in a good place right now.

Still, the tide will eventually turn, and these things will once again outperform the overall markets (for a few months, anyway).