My opinion on small parcels traded is simply either someone trying to accumulate without pumping the price up too quickly or someone is selling who holds options and doesn't want to dump price to much and dilute their holdings... definitely a brokerage type of bot in play, either way its positive IMO both ways you look at it, someone is accumulating and want to keep price down as much as possible with this tight register...
I used to look at stocks every 30 minutes to see how they were going, with GLN im not fussed if it goes up or down, but in the long run I know where it is heading, like buying a house in sydney in the 90's and fast forwarding to today, although this is more liquid and has more of a upside, get what I am saying...
This has been de risked since first brine results, initially I was confused of no pools (literately lake pools underground I thought... silly me) but permeable rocks i had to double check what was going on, then upped my average only a few weeks ago to see conductivity levels in line with the best Salars in South America.
I think the cogs at GLN are in place and the wheels have started turning, momentum will build until we have a jorc and buyers coming to the table, not just share holders BIG $$$... If JP is ballsy and does a JV with a BIG Multinational then it is possible, the good life is coming for alot of us...
GLN Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
