GMM 0.00% 65.5¢ general mining corporation limited

It took a while to crack 30c, and now that is well in the...

  1. 272 Posts.
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    It took a while to crack 30c, and now that is well in the past..... So many sellers were dreaming to sell at 30 - and some did, and the rest have every opportunity to do now at 35 (all in 8 days).
    New high?? What you expecting man - 50c? 60?
    We are at all time highs )

    Galaxy partnered with GMM and gave up 50%

    In turn we have partnered with Mitsubishi (to broker under amazing cash terms, for a certain fee)

    GMM projected 2016 spodumene prices of $445
    The Mitsubishi terms are for $600
    That's a 34.8% premium (say Mitsubishi charges 10/15% brokerage - and gives us cash stepped 0/14/30 days).... And some people thought CR was required!!!

    To recap
    GXY give GMM 50%
    Then we give Mitsubishi 34% (yep, the entire premium)
    And yet, EVERYONE is making money..... Now just spend a moment and think how much money is there in lithium??

    GLTAH, and all time highs are being made month by month, just give it TIME.

    Ps. Time = patience + tolerance
    We still have a buyer at 16c, from January... And GXY has one at 18c.
    GMM's biggest shareholder is 18%, and formerly of NST (do yourself a favour anytime you question your investment or share price and look at that stocks chart over 5 years).
 
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Currently unlisted public company.

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