Ann: Quarterly Activities Report - June 2013 , page-5

Mostly fears about China and copper price, I think.

Also, I guess many people are thinking that they will be able buy into ytc 3 months from now at similar levels, so why not using the cash otherwise in the meantime?
Might even be true. OTOH, if we get lucky with our drllling (Nymagee, Federation, CoCu), they might themself chasing the SP.

Anyway, I am happy holding and adding a little more now and then as funds become available. Just a matter of time, now.