GXY 0.00% $5.28 galaxy resources limited

Broker Upgrade, page-24

  1. 1,455 Posts.
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    We all know that the donut has little interest in the truth and reality and only cares about the games they can play to manipulate the SP the way they want it. If they wanted to keep the lid on the price longer they would have gone down the line of this deal means greater oversupply problems to come. There is no in-between with these guys they either want to smash us with their scaremongering or send us sky high with positive reports hence the underperform to outperform. This is the sign that the foot is off our throats and it is not only us long termers that know it.

    They have had there fill for 2018 and ready to go long. I believe (hope) this is the real deal and as we know when it was to come it will come quickly. All we need now is confirmation with UBS or another of the scumbags to bring out a positive lithium story and off we go. It will be interesting to see as we haven't really seen a big short squeeze with GXY. I believe ORE's SP doubled with a recent short squeeze. Happy if that happens here.

    So our low this time was around $2.70 odd so double that and we have $5.40. That's not too far above our high. So $5.40 is a bit over $2 billion MC. That is not out of the realms of possibility since SDV is now valued at just under $1 billion (can't remember if that is AU or US) undeveloped, so when the news on financing comes in and development starts that goes up a fair bit I imagine MtCattlin making $100 million a year is worth quite a bit and JB is slowly but surely headed for development, so yes we can make new highs.

    Now the real interesting thing will be if there are any more surprises to come. Surely I'm not the only one surprised by the value they gained from the north tenements. There are still a few cheap resources out there. I know of a good Brine one in Chile that has just been screwed down, could be perfect timing to jump in. Best quality brine around and worth less than a year's profit from Mt Cattlin. I know we need to get started of SDV ASAP but we are at the beginning of this revolution and these resources may not come around so cheap again.

    Anyway just happy to have some good news lets hope we don't wait another year for some more.
 
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