we are 25% down from where the deferred settlement stock was trading less than a couple of weeks ago. Since then, we've had the Montreal conference, confirmation of the arrival of the vessel for the next shipment, a clean bill of health from the AGM and we've all been encouraged by the arrival of BlackRock to the share register.
So what has changed???
1. The market seems to have scared itself over non-specific issues
2. short interest has increased in GXY
3. ORE has gone on a decent share price run
4. the level of GXY-bashing on this forum has hit fever pitch
For me, none of these issues are long term or necessarily important in the scheme of things. Sit tight and just let the market sort itself out. There's nothing that worries me with respect to GXY and its future.
GXY Price at posting:
$2.01 Sentiment: None Disclosure: Held