What I post here I try to keep to reasonable evidence-based assessment of the company and its prospects. I don't care much for pip trading and trying to guess the daily/weekly/monthly moves in the sp. That is a mug's game. It typically has zero relevance to the actual operations of the company, and can be (and is) controlled to buggery by those with deep pockets and related power.
My focus remains on the macro picture and how the demand and supply situations are unfolding, and what our prospects are in that landscape.
I backed this horse years ago sub 5c and in subsequent CR, and have accumulated (prior and) along the way, because there is undeniable and growing evidence supporting an exponential technological disruption evolving. I was right back then, just a bit early. Still here. It is still happening. Quicker now. Picking up pace. GXY is in the best position it has ever been in.
The future is bright. It's nice to see a bit of daily green, but it doesn't really matter in my time frame - I am here for the main event - multiple operations producing and supplying an exponentially growing market. It's not if but when. I am realistic and don't expect it to happen overnight.
People throwing their toys from the cot during the various cycles along the way are either pushed for time or don't really understand that things don't go up in a straight line. The constant dribble about GXY being crap just because we dropped circa 50% last year does not fly - have you not noticed nearly every other Li company's sp performance in the same period?!
Good luck with your pip trading and shorting. It's a mug's game imo. Yes, I "lost" more than 50% last year, but rest easy knowing that at the time, with what I knew then, my buys were at good prices, and that one day I will be very happy with all my purchases here.... even if some are temporarily in the red. It is WAY too easy in hindsight. I'm looking forward 5-10 years, and what I see is well on its way to becoming reality.
You want to stick to "facts" ? That would be great.
Fact is, we are progressing. A bit slower than most would like, but so what. We aren't baking cakes. If people are annoyed because the expected time frames don't end up aligning with their trading cycles, then tough!! That is mining. Get used to it, it won't change just because you don't like it! Anyone could have pushed the sell button at any time. I didn't because the upside looks far far better and more likely than the downside.. Always has imo.
Have a technical trading viewpoint? Fine - take it to the chart or trading threads.
Have a fundamental viewpoint on the business and its prospects - please share and let the audience decide whether it is well-founded or unreasonable... simples.
Btw, what do you expect a JV announcement to do to the company's de-risking progress and sp..?
GXY Price at posting:
$2.22 Sentiment: Buy Disclosure: Held