GXY 0.00% $5.28 galaxy resources limited

Is anyone concerned about an oversupply of Lithium?, page-11

  1. 8,739 Posts.
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    Pioneer has been a company I have been interested in and might be in...

    Latin Resources I don't see any need to pick them up just yet.

    I've been looking into Ardiden and like what I see, though dunno if Galaxy would be interested. I'll post a few snippets from their recent announcement and something that had me thinking.. (they are not far from Sudbury)

    2016 Field program at Seymour Lake identifies 40 surface exposures confirming the pegmatite swarm at or near surface of multiple pegmatite structures with visible spodumene (lithium-bearing mineral) crystals over a 5km strike length.

    Only about 5% of the regional pegmatites have been drilled, and the broader potential of the project is yet to be fully evaluated.

    Drilling indicates that the pegmatite swarm is potentially connected across the Aubry prospects,
    extending over a total strike length of 1,100m.


    Link

    Screenshot_20171120-190658.png

    If you look at what they are talking about the strike is 6km and then compare to this..



    The writing in red says James Bay is 4km with a road they need to manage in the DFS.

    Another company I keep looking at is First Cobalt (Cobalt One) just went to a trade halt for a consolidation/merger. I like that they have a near term capability to produce and it reminds me. Of how Mt Cattlin was... Needed some. Tweeking but nearer term than others.

    I always seek out companies that Galaxy should take over or work with.

    These are what I have seen and I hope by giving a bit of my thoughts it helps others and also would appreciate being challenged.

    *thumbs up*

    I do have a few others I am watching but they haven't met something that appeals..

    But am watching Nemaska closely with their Blackrock tie to Galaxy.

    Makes sense that Blackrock might want to bring these two together at some point.

    Here is an interview of Guy...

    Don't agree with his pricing outlook though... But.. Well.. You'll see...

    Last edited by Thesi: 21/11/17
 
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