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$3.51 galaxy resources limited

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bobsacramento

1,202 Posts.

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15/06/17

13:00

Post #: 25292667
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Originally posted by Cheapchuck ↑

I got an answer from AT - Everything at the company seems to be going well, Catlin is operating very well as per the last report. SDV progress is good and they have plenty of interest to finance it as and when they are ready to hit the button. They are hesitating as want to get all the test work right so they don't have to reengineer the plant during construction like ORE did. He know's the China lithium market as well as anyone and was very dismissive of DSO - it makes no sense at all to believe that this is the way forward, apparently even Min are pissed off at the DB report as it completely misrepresents what their strategy is - the last thing they want to do is crater the lithium price. Several insto holders are following up with DB to tell express their displeasure. This is such a bargain at these levels and I just hope the shares go to strong hands to squeeze the shorts. I'd ask why the DB report got so much press coverage though - someone as to be playing an angle...

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Hey Chuck for sharing, if you don't mind do you have an original email, or will they be making a statement?

Much appreciated
Bob

GXY Price at posting: $1.60 Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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