gooddoc,
Why Bob "Molyarty" says he's "unfortunatly" holding his WEX shares and not any GPXM makes little sense to me.
GPXM has enormous upside potential. Ashdown has the highest grade moly around (possibly in the world?) which translates to low mining costs. They're probably the closest out of all of the moly juniors to start producing that high grade moly (within the year). They also have a producing gold mine in Mineral Ridge.
I hate BS/sunshine out my a$$ pumping so here's the negative: they've had bad management in the past. It's hurt the shareprice significantly. They've yet to show that they have learned from their mistakes. But they recently have made a big deal about restructuring management and now claim that the Ashdown moly mine is priority one, explicitly to capitalize on the skyrocketing price of moly ($35.50/lb today).
Also, encouragingly, as of September, Prudent Bear Fund (the #1 performing bear fund) was holding over 2.7 million shares of GPXM. Prudent Bear hedges their meat-and-potatoes short activity by holding onto a portion of gold mining stocks (not shorting).
undermind