Well I lost patience waiting to pick up oppose at $0.002 and mopped up what I could of heads at $0.009.
I've been building my investment in GXN for a couple of years and definitely have been disappointed at times at their inability to hit deadlines and I believe the market has some trust issues with management that will only be resolved through delivering results.
However if they manage to hit anything of note in Mt Venn or Justson this will fly, the market has an appetite for greenfield discovery and we are indeed drilling in a green field.
The Tanzanian aquistion is a bit of a bonus and a fair way off however as the previous poster alluded if SYR start posting good results there will be nearology interest.
Anyway I've done a lot of research over the lest couple of week and at a MC of 5million and a funded drilling campaign GXN has been the best value pick I can find.
If the SP hits 4c I'll have my house deposit!
Good luck all!
Add to My Watchlist
What is My Watchlist?
