RE:i am wondering?Being down 50% in this stock, the downtrend has been relentless and all the while gold has been positively trending since 2016. So this doesn't add up and is not a good sign....at all. My other PMs are all up. Even one who is unable to receive necessary permits. So, until I see a trend change, the investor sentiment is very clear. I wouldn't be surprised if this stock is still cut in half.
Meanwhile, the global central banks, US included, are playing a very very dangerous currency game based on debt creation out of thin air. I believe gold is reacting to all of this. Even these central bankers are buyers of gold. They know this won't end well.
Nexus has been trying to project itself as a "project generator"? Take a look at Strategic Metals.Ltd. All I have to do is look at their protfolio, do some DD, and follow their lead. There are other project generators to follow. Point being, Nexus is not a project generator. And the share price is calling them on it. The only thing that is going to change the trajectory of this stock are concrete results. "Positive" PR isn't going to cut it and it hasn't. Nexus either has the goods or it doesn't. Will see relatively soon.
2020 is going to be an unprecendented year for PM miners.......especially juniors. Right now they are lagging gold. But I think that will be a thing of the past. The only thing that will mitigate my disappointment with this stock is to sell it to offset my gains. Wait and watch.
I am thru talking where this stock could go.....$.10 in 5 years?.....maybe this could be a Great Bear similar story?.....all of this is pure speculation. Should there come a day when there is a constructive trend in the share price......then lets talk about what possibly could be.