And in the Lithium space, have a look at NMT - entire market cap is cash backed.
The key is really - you have a lot of money...great...are you going to stuff it up? Or are you going to grow?
If you have a plan or potential to grow, and you have the cash to do it...there is huge potential.
IMO, now is an excellent time for GXY to make some smart strategic moves. In a few fell swoops, they could become a big player due to their excellent cash position.
GXY Price at posting:
$2.27 Sentiment: Buy Disclosure: Held