I've been a holder of GNX on and off for the past 4+ years; mostly on.
I traded GNX successfully throughout 2019, and sold out on the brink of covid. Bought back into my position in Sep 2020 and have been accumulating ever since, including participating in the cap raise.
Not to be a downer, but anyone planning to hold this one will likely need to be prepared to see further shakeouts. What we saw the past few days was fairly normal activity throughout that aforementioned 2019 period, in my personal experience.
I topped up a little on Thursday and will add more if it dips further.From a purely charting perspective we could see some deep retraces back to that ~10c range.If we do I will be doubling down, and I have cash set aside for this specific purpose. I have full confidence in the company, the financials are sound.
GNX Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
