GXY 6.40% $3.51 galaxy resources limited

Banter and General Comments, page-3786

  1. 74 Posts.
    lightbulb Created with Sketch. 51
    I have no idea if there is or is not a systematic method that is being used.  I do know it is not just Galaxy that is lower nearly all lithium miners are down 50% or more from their highs.That includes China, Chile, Argentina, and the US, no one is unaffected. I am not a day trader, I am more interested in the big picture and what that means by 2025 to 2030 and beyond. Galaxy is set to do great things but it won't come fast.  Every forward looking chart or graph that I have ever read has never shows a 1 month window or a 3 month window. They all show 1 year 5 year 10 year and beyond.  

    Consider what Galaxy has:
    1. Mt. Catlin is a great property, it makes money and allows us to grow in other areas. 
    2. SDV is a world class lithium property that will be producing Lithium for 30+ and making great margins for 30+ years
    3. James Bay will give us access to North American markets 

    Debt will keep many of our neighbors from growing while we use our profits to buy up more lucrative deals and additional assets. Think about it, would we have been able to take a share in LPD if we have a huge debt? Not likely. Would we be able to even think about SDV without another CR? 

    We are set up to grow, and we will.  It just will be slower than some on this forum want it to be. 

    Go Galaxy Go!
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.