it's a news driven share price. as I said before POG is not main driver for explorers. For TTM SP to jump on the back of POG, then POG needs to jump like $100 not $10. Miners SPs do respond to small movements in POG. If you look at their prices you'll see all are up except for SBM who reported larger shortfall in quarterly production. Even SBM may go up.
I know many don't agree with my view but that is the way with explorers. Their SPs are more influence by news (assays, mergers, land acquisition etc..) rather than movement in price of gold - unless there is very large movement in price of gold.
Ann: Jerusalem Gold Project Concession in Ecuador Reinstated, page-197
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