Wow, you can't reasonably complain about that trend EL. IGO is nearly at 6 month highs - something nearly every other company on the ASX would be envious of. The question remains whether it is worth $3 a share, which I would think unlikely considering the inability of IGO to pay you back, but clealy this is the gold talking and people scratching their chins.
I would always be cautious a nickel companies which hold value longer than others - its either takeover speculation or rampant overvaluations. The only exception so far has been Jubilee, which was taken out, but this is the bottom of the market and IGO has nowhere to move on its nickel and its not an asset anyone would want to pay top dollar for. Which leaves the gold.
So I would consider you're a bit off base complaining that IGO isn't responding to the gold price. It would be the only explanation I would consider reasonable to pin on this rally from $1/sh.
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