GXY 0.00% $5.28 galaxy resources limited

Will GXY SP going hit $5 before Xmas?, page-24

  1. 2,733 Posts.
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    There may have been some punters picking up multi bags in their Melbourne Cup winnings yesterday; but I didn't get to pick up even one bag in a surprise sweep. Rekindling, and I'll leave that to the high flier Galaxy, and to the profit margins, that the company will have to offer shareholders in future years, as well as the profit margins that the market is currently offering.
    Furthermore, anticipating $4, $5, $6, $12 etc, share prices in future years, as we wait patiently in our bird cage, and watch for any signs of JB/SDV progress/ development announcements, and potential corporate high fliers as financing/offtake partners, Mt Cattlin news and resource upgrade, 2018 contract pricing etc, amidst the daily ruminations, and machinations, of our often volatile market, is really thrilling stuff. However, there may be something to watch tomorrow or Galaxy Friday, as I read that yanlin is getting the popcorn out again. It may not seem like it to some, but I reckon that we are very fortunate to be Galaxy shareholders, so early in the game, with lithium prices rising, assets to be completed, and producing in the next few years, as demand continues to accelerate; and that Galaxy is at least producing from Mt Cattlin now, and fulfilling its contracts to customers. Let the dollars be shown in future financial quarterlies. It's just good to be relaxed about it all, and watch as events play out. I don't make predictions, but the market can deliver some amazing returns, in shorter time frames, than we may be expecting...Mahalo
 
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