GXY 0.00% $5.28 galaxy resources limited

Galaxy Resources Price Target Raised 8.3% to A$0.65/Share by Canaccord Genuity, page-46

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    Thesi's comments about "hits" from Saudi Arabia and other nations had me dreaming over the weekend too. What was she hinting at? And all those posts of hers being deleted by Admin got my interest. And then someone posting about how the merger was perhaps a prerequisite to something bigger. And then Thesi said she would reveal all on Monday ... but has been absent entirely.

    Knowing how the Saudi's are planning to flog off part of Aramco, I started wondering what all this could mean. Could the Saudi's be prescient enough to be disposing of the old to buy into the new? With so much sun, how well placed they would be to benefit from a renewable energy future? And how does this effect Galaxy? Could a buy-in by a Saudi sovereign wealth fund be on the cards, I started wondering?

    I am not well informed, but am trying to educate myself. I was a holder in GXY a long time ago but sold out. I bought in again recently around and slightly below 50 because I believe in this kind of technology. But I baled out last week when stop losses were hit, which was a good thing considering the SP has continued to fall again today (when I had expected a rise based on the posts I was reading on this site). So now I'm on the sidelines again waiting for the SP to trend upwards before buying back in. I am a believer... but have been caught out before by being irrationally exuberant (e.g. Lynas) and am now more wary.
 
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