GXY 6.40% $3.51 galaxy resources limited

So good news about James Bay, and the price gets pushed down...

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  1. 659 Posts.
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    So good news about James Bay, and the price gets pushed down 3.41%.

    The Mt. Cattlin 42% upgrade had no impact on the SP.

    It's like living in the Twilight Zone.

    So coming up...

    The March quarterly will report significantly increased production.

    The SDV deal should be announced some time between now and July.

    $1.84 is just astonishing, to be honest. Even the worst trolls on here used to taunt that "fair value for GXY is $2".

    How can you have one operating mine and two very promising assets, no debt, $400 million in the bank, excellent prospects in a growing market, and have a market cap of $811,000,000?

    It's surreal. It's absolutely bonkers.

    The big institutional holders are holding, but the others are waiting for SDV. If they like what they see, they'll hoover up this company like nobody's business.

 
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Currently unlisted public company.

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