Sorry Baba, this makes no sense whatsoever. What about the BS spread by the likes of the investment banks - just because they are making money certainly does not mean that they aren't full of BS when it suits them.
Similarly, those on these threads with unsubstantiated or very poorly founded reasoning for their dire assessments and predictions, are not necessarily devoid of BS just because they are making money.
There are plenty of dishonest and sly ways of making money; I cannot believe that some people equate financial success as inversely proportional to the level of BS involved.
The same pointers that many have been highlighting for years, associated with the rapidly growing sector and approaching exponential adoption/demand curves, that will ultimately make our commodity more needed and more expensive, still stand and were always "correct", so the likes of asb and co who are trying to use these as examples of "bs" or poor assessment are sadly mistaken in their so-called analysis of the market.
$3 was a great buy.
$2 is a fantastic buy.
This will be proven in the years to come, long after the pip traders, who are by their own admission just here to "milk it", are long gone.
With a plan to have multiple operations, potentially with downstream conversion/processing attached, there is nothing that I have seen yet that solidly suggests that this won't happen. Resources + skill + money + S-curve demand growth = just a matter of time.
Imo and everyone just DYOR, the FUD and crud being spread here lately is appalling.
GXY Price at posting:
$1.97 Sentiment: Buy Disclosure: Held