kaustin, there are a thousand reasons why but the top 5 IMHO are:the Canadian Juniors have been spanked for 50% of share value across the board, KXL has zero compliant 43-101 making it a gamble, away in May is coming to play(huh...that rhymes), there are over 3,000 new Juniors out there competing for $ recognition, ETF's in silver/gold the actual metal have snared $6 Billion which in the past has been money invested into shares.
With all this considered, I think we are early to the party and Patience will prevail. If you are a contrary investor then this is a contrary opportunity , time will tell.