We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)
GXM 0.130+4.0%Nov 3 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GWalker who wrote (196)1/25/2000 4:24:00 PM
From: Baywall   of 210

It appears that I am a significant shareholder now. I averaged down to where breakeven point is within range. Why I held on over past 3 years, besides trying to get out at a profit, I felt that the mining industry would turn around faster. Now I realize that must go with the flow. We have witnessed many juniors changing over to high tech and internet. Also seen their prices go up in majority of cases. I believe GXM will be no different if the proposals are good revenue producers. I still don't know what the two private companies have to offer in terms of future profits. Like the news release says, more info will be given as time passes. In the meantime, Geodex is open to any other proposals. They have a tight share structure with insiders holding a bundle and no debt. Less than 6 million o/s shares and little worry about principals unloading their shares. Myself, I am holding tight to my holdings. All this will make for a price sensitive stock, what we all prefer to have.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext