Replies to post #58 on Nexus Gold Corp (NXSGD)

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For gold producers the price of precious metals is a major contributing factor to the price of their stock (although even for them internal factors specific to the company are still the main driver). With exploration juniors the correlation between gold price and stock price is pretty weak. Multiple variable correlation analysis suggests that it is responsible for less than 10% of movement in the share price. In other words, Nexus needs to come out with some news for the price of their stock to move. Needless to say, they aren't likely to become a producer anytime soon.