Yanlin, I guess they are putting their money where their mouth is LOL!! As we all know MIN didn't make it's half year $129mil NPAT from Mt Marion so you really can't compare MIN to GXY which only has two income sources as far as I know. Mt Cattlin and interest from it's cash holdings. I haven't seen Mac's analysis on MIN so I don't know how they managed to make Mt Marion "look and sound really good". Perhaps you could forward the relevant section. Anyway it is all pretty moot - MIN made a profit at NPAT level and GXY will not make a profit. Mac was right to recommend a BUY as MIN is now over $19.00. Maybe you should be looking at NPAT for your answer as to why GXY has performed so badly over the last 18 months rather that look for conspiracies.
P
GXY Price at posting:
$1.05 Sentiment: Hold Disclosure: Held