I have noticed this same thing; the selloff usually starts anywhere from 30 minutes to an hour after the market opens. It is pretty much true for most gold and silver stocks. Mining stocks are simply not allowed to go up...now who has enough dollar power to make this occur? Who...I ask you. (my guess: the Fed through their partners the big banks like JP Morgan) We can't have the mining stocks go up because then people would start thinking gold and silver are a good place to store one's money. It's all rigged.