Agree with your outlook. Explorers hit hard but those with safe reserves seem to have been spared to some degree.
This does not take away the mechanics of price capping and shepherding going on in this stock that I'm still seeing throughout even today, as well as many many other stocks here. They are there everyday of the year regardless of the seasonal changes of market sentiment.
Agree though that the influence from the change in fundamental sentiment (especially on explorers) like you said may be the more influential factor this week. My gold watch list is a sea of red today.
At any rate, we are buying based on fundamental values in RXL and other explorers. I think most of us here will still think we are still on the right path regardless of prices these few days.
RXL Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
(20min delay)