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Nexus Gold Corp. (NXS.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.04500.0000 (0.00%)
At close: 1:04PM EDT
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  • R
    Rav
    Email Response from Alex today !

    Lots going on. First, gold backed off and we lost the bit of positive sentiment we had. But I think that will change over the summer.

    Secondly, a trader that bought 1.6M shares through CIBC about three weeks ago, unceremoniously dumped all of it the other day, and triggered the algos once again.

    That combination has put pressure on the SP. However, we have more results coming and I expect them in the next four weeks so perhaps we can bounce back. All we can do is push forward. When we get to the fall, if the traders still own the market, we’ll look at other remedies.

    AAZ news is right around the corner, as is imminent work at East Preston. The SP is off as the hold is coming off the last placement. Once the dust settles we’ll move back up and as the work progresses we’ll get a bump back. There is a lot of support.

    Another thing to consider is although last summer was very busy and market volumes remained robust (people were locked in due to Covid), this is not the case this summer and we’re seeing the old “summer doldrums” where many people trade out for the summer months before returning in August/September. Historically speaking, the summer sell off isn’t unprecedented. Basically bids are scarce in the warmer months and in this case, people are taking advantage of the Covid decline to get back out and do normal things.

    Although the short term isn’t pretty, the long term poses a better take. My only real advice is don’t sweat the short term, keep an eye on the bigger picture.

    Have a great holiday weekend, do stay in touch!

    Alex
  • J
    Johnny B
    Has anyone spoke to Alex ?
    I need to know why they don’t have their own money in , and how they will manage the share count and warrants .... when’s the reverse split ?
    Before I invest.
  • A
    All I Do is Win
    They are getting solid drilling results from both their major projects. Keep on finding that gold Nexus so it can drive a major investor into the company.
  • R
    Rav
    $NXS.V $NXXGF As we finish up drilling at Dakouli, we're already planning our next program at the McKenzie #Gold Project, Red Lake, Ontario. Assays from the final three holes are pending from phase 2 drilling at McKenzie and will be released once received and reviewed.
  • R
    Rav
    Airborne Survey Outlines Prominent Mag Low At The New Pilot Copper-Gold Project – Nexus Gold Corp.
    nxs.gold
  • M
    Marc
    I've been loading the boat all week. This is going to fly with the next drill results. Easy double coming!
  • t
    theubiquitousman
    Should know why trading was halted shortly, PR probably will drop soon. Let's hope
    it is about material/significant drilling results. But then again.....
  • A
    Ahmed
    ONE DAY THIS STOCK WILL BE DOING VERY WELL, THEY HAVE MANY MINES WITH GOOD RESULTS...
  • A
    Alain
    great results
  • R
    Rav
    IIROC Trading Halt - NXS
  • z
    zafer
    The shares of this company, which has several gold aden searches in africa and canada, are distributed free of charge. I will take as much as I can.
  • P
    P
    This stock seems under valued
  • B
    Bernice
    Rough day for NXS, down 16% but hopefully we see them bounce back – have been considering new opportunities in the markets after reading this article from SmallCapCanada, just a great overview of where things are heading – link to article https://smallcapcanada.com/articles/articles/as-china-is-restarting-coronavirus-caused-supply-disruptions-might-support-metals-prices-in-the-short-term
  • K
    Kjell
    Nexus:
    "The Company has received a commitment from an institutional investor to subscribe in the placement and expects the majority of the placement to be filled by the investor"

    Someone have ambitions here now.. will be interesting to see who this investor is.