Purely based on two things. The current SP retraction (moderate I acknowledge) as the POG surges & I believe the market is tiring of waiting on the delayed core results.
I hold multiple gold stocks, as I am sure many do here, both explorer & producer, & most, not all, but most have seen moderate gains relative to the POG. But as they say nothing goes up in a straight line.
Obviously my own opinion.
My comment was relating to 2023 only.
NXM Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
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