The sector in general is down at the moment. We have seen this cycle occur several times over the past 18 months. Look at the charts.
We will turn up again as news is released regarding the sector and the heat goes back on.
GXY is a robust and profitable company, shares are cheap at the moment and this is a good time to top up.
Everyone is too impatient for news of the other 2 projects. The management are obviously seeking the best and most profitable way forward and this may well take time. In the mean time profit is being made and the bank balance will be improving. The next report should substantiate this. The future is rosy. With the right market conditions we could well double our money in 12 months.
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