This one has potential over the longer term but I remain concerned at the limited cash position. Trudy maintains the directors have "plenty of money" but this isn't the point. GXY likely has a viable lithium operation at their pegmatite prospect but there is a long distance between a drilled resource and positive cash flow. If GXY raises more capital and the sp moves towards more value then I might be interested.
GXY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held