I'm adding to my position also
@jortexx ..despite the fact Galaxy's Wall Street stock-ticker was sold down in U.S. Trade overnight in a lithium-sector that was up.. and one of the main-reasons i'm raising my holding (to new high levels for me) is because GXY's been singled-out for the harshest short-selling treatment by the parasitic financial insto's..pushing us way below fair-value already (nht WON'T/CAN'T provide any proper reasoning to that low-ball 'value' call made to Sjlasx..but it may get there) due to the massive concerted negative-selling campaign against us. Somebody wants our company very-cheap and that's what i firmly-believe is playing out..Shorters are being motivated by the suitor..
We saw quite a bit of insider-buying in the $1.20's by our management/directors recently which makes me think our B.O.D. won't support a takeover-offer below $1.20..creating a safety-net for buying at these levels..all the way down to wherever our rock-bottom is..Keeping in mind we have Au $260 million cash at current exchange rate..
If those responsible manage to hit their 80c target lookout for a flurry of short-covering followed by a takeover-bid around $1.30..what Simon Hay should be doing right now (maybe already doing) is promoting our company/projects like never before..There needs to be a bidding-war between multiple suitors when this b'stard makes their move to lodge 1st takeover offer..A share buy-back announcement would be the silver-cross to the vampires this month also..it worked a charm for Kingsgate when they were under short-selling assault. My friend
@Thesi has been pushing this 'barrow and rightly so..There's never been a better time for our company to be buying-back it's own stock..if our B.O.D. want to fight-off being taken over..push that price up to fair value & p1ss the shorters off to cover their shorts in fear..They've beem pedalling their fear against our SP..time to beat them with their own weapon..fear ! GLTAH
