Indeed very questionable events recently: - cap raising - merge - now this about mine stop I'd agree with you - board should go. Look at recent the likes: MHM - 2 years ago they kept promising free rides. I did not buy it (lucky me).
But I thought that there is some merit in GXY (plant completed, mine operating etc). But again and again : THE MANAGEMENT. You see it looks like this is never gonna end : we shareholders, keep paying those executives, no matter how they manage the company. So for them it is a $ spring, for us it is $ drain.
Lucky me I invested very small capital in GXY, small loss, big disappointment, about to sell now.
GXY Price at posting:
17.6¢ Sentiment: None Disclosure: Held