Here's another (plausible?) theory. The dumping has taken place over the last few weeks by Barrick. The market didn't have enough demand to support the price while absorbing the stock. With Barrick "the big bear" in the woods, all of the little bears felt confident. With the resulting oversupply, the bulls simply couldn't keep up and the result was the annoying tumble we've seen in the past few weeks. In a nutshell, the sens announcement states that the big bear has left the woods.
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