Yes, the are definitely hiding and this has been discussed many times. As Facthunter pointed out GLN has done much exploration around the border. In fact, I can't remember the exact details, but at one stage GXY and GLN exploration was line of sight of each other on each side of the border with GLN putting out a massive resource upgrade announcement. Total silence from GXY since then.
So you have both sides of the border with announcements. So we all know that such an upgrade announcement will come eventually from GXY. When will this happen, maybe when they officially press the start gun? Why have they been silent? Maybe, to hid value to remove threat of an undervalued takeover. One thing that I do know is that SDV is much bigger and better than is being let on by the market. All the longs know this, and one day that switch will be flicked on and the market will wake up.
I have also been following the A40 thread closely, some really interesting noises being made. Based on Cowan I would say no, but I think Yanlin may be onto something. Did GXY find out that VA will happen again, are they preparing to come out of the blue and shock those playing the game and make a second tilt? Too many coincidences in timing?
Price action games this week will be interesting. What games will insto's play to get into retail heads to discourage them on taking up more shares so they can take them up and steal right in front of them? I hope all holders play a smart game and do what's right based on where this company will be in 12 months time.
GXY Price at posting:
$1.94 Sentiment: Buy Disclosure: Held
