Chaz a reasonable comment. To add, the M board is strong and has calibre. GXY has assets and is trying to build its cashflow through Jiangsu to manage its debts (Its only cash flow). It has been given a finite window of time to achieve this along with disposing of non operating assets or potential JV's. This current management team since the CR have been proactive. Wait for the 17th Feb to prove this statement! Tse has a good reputation and HC members need to allow an appropriate amount of time before giving their thumbs down. Not forgetting that this is a speculative stock...high risk.
GXY Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held