RE:RE:Nexus Gold Raises $3 Million in Private PlacementActually it is just enough for a "small" drilling program in Africa and one in Canada and overhead. They will be rasing more money in a year I would expect. The question is will they be raising it at a very dilutive 5 cents a share(USD) or at a less dilutive 25 cents a share USD. They desperately need to get some positive results from their just completed drilling. However,based on market reaction so far I am not too optimistic. This stock rising and falling has absolutely nothing to do with the price of gold (as long as the price doesn't plummet). The only thing that is driving the price of the stock, THE ONLY THING, is their drilling results. There are a lot of posters on this board who don't seem to have much of an understanding of investing in exploration mining outfits.