Ann: Appointment of New Chief Executive Officer, page-67

Gxy seems to need a real miner to lead. So, now they have a new CEO who is a miner. The current one stays with it to do marketing. This is ok by the look of it. When a CEO steps aside to do take on what he does best and let a new person to come in to do what he cannot do well, that's positive. It shows that Tse is a long term player who is a true insider who maintain his importance through his holding in the company rather than his job. I think eventually we will see more development and the share price will rise slowly from here.

Looking back to 2017, I could see the sharp crazy rise of the share price was a based on both rumour and short covering. Then the shorts probably got back in and and got back their losses over 2018 and early 2019. It's a game. Now, the share price looks reasonable and probably a good place to get a leg up.