Money is money, it matters not whether it is in the form of nickel or gold.
However many of the retail sector value gold much more than nickel, copper and the rest of base metals, not for logical reasons but the glorious perception that is assocciated with precious metals. Some how they are worth more in the public eye.
Longer term investors tend to recognize the true value while the small retailer tends to go with the glitzy stuff that is spoon fed. It is not very complimentary but it is some of the reality, Sorry to say it.
Good results will push the sp no matter what metal they are based upon, imho.
Orange Flash is right on, many serious investors loaded up after hole 49 so the sp went up with the news and demand. Now there is the rare one that is accumulating due to not enough fresh blood joining us. What action there is is accumulation on the cheap. I count myself as one of those. I day trade to accumulate extra $ to turn it into extra shares for the long haul. ( As a result I joke about being able to afford more or better bottles of wine, with a bit of truth,lol.) What trading or investing I do now is due to profits. No, I am not one of those with deep pockets and a huge hold, just retirement funds.
Cheers and good luck to all, Ed.