A look at the 12-month chart of us and others shows that the fall from our highs in that period is nothing unique or spectacular. (GXY is the thin black line with grey shaded area)
I look at this and wonder if it's something the company has (or hasn't) done that has led us here (like many are claiming), or whether we are simply embroiled in the broader carnage.
Conveniently, the likes of ASB and Pranav absolutely ignore charts like this because it shows that there is nothing specific about us (GXY) that has caused this decline. Other than we are into Lithium....
IMO the tide was pushed out for a while. It will return and then we'll see what happens (my bet is a strong and extended reversal, soonish...)
GXY Price at posting:
$2.04 Sentiment: Buy Disclosure: Held
