Sal De Vida is the tipping point for Galaxy Resources however I...

Sal De Vida is the tipping point for Galaxy Resources however I can see more movement for General Mining with at this stage what looks like 36 million per annum and with 312 million stocks on offer roughly that's just over 10% return that heavily out does Galaxy Resources on a income to stock ratio.

The problem for General Mining is that Galaxy Resources gets their half and despite a large amount of shares on offer still owns a 25000 TPA brine that at current spot prices of 200,000 RMB places Galaxy Resources at just over a $1 billion per annum forgetting the potash or Mt Cattlin and James Bay.

I hope that both companies roll into each other however I think Galaxy Resources may have the upper hand on the scrip for scrip roll over on this one.