It depends who you talk to I guess - with such a small amount left it's probably a no brainer to hold. They will have a cash backing of 6c/sh . Hopefully Sal de Vida is a real top class assett and is really worth well over $100M. If this is true then one day the sp should reflect this. We have been given scant information since the sale of Jiangsu - and we have only received the $12.2M deposit for that. Their top brainwave in the last couple of months is killing off small holders such as yourself and letting Bell Potter securities make 0.7c per share, I think that's all they've been working on - oh and ongoing stuff re SdV - that too. We'll be the last to know anything.
GXY Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
