ST,
GXY does not have any fundamentals.
(1) There are no profits
(2) There are no dividends
(3) There are no buildings or plant
(4) There is no product produced for sale
(5) There is no income from any source
(6) There is no completed signed finance agreement
(7) There is a lot of hope and expectation.
A Financial Analyst or Fund manager needs all of the above to assess the 'fundamentals'.
If one or more of the above are missing,then the analyst or Fund Manager has to make a 'Risk Assessment'.
Please don't confuse 'fundamentals' with 'risk assessment'.
The above is my personal view,and should not,in any way, be considered as advice.
Please seek independent advice or do your own research.
Cheers
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- gotta keep the price at $1.25 no matter what.
gotta keep the price at $1.25 no matter what., page-28
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