Guys, For GYX shares to go up in price from now on and on a steady pace, Management will need to take admin cost reductions bigger to what they promised. Also their salaries need to be reviewed, they earned too much to have this share price the way it is..
Admin cost has to go as low as possible to preserve cash, otherwise another bigger capital raining will be needed in two to three months.
DYOR, to me GXY is a buy from here up to 11 cents, potentially much higher to 20 cents but only after management announces and start implementing new policies to reduce their admin budget.
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