i have heard that for twenty years, and they're still playing that trumpet. If you go back 20 years, everything would be electric by 2010. In 2010 everything was going to be electric by 2020..... but now everything will be electric by 2030.....
simple fact is the oil industry is huge and powerful, they will not let it happen. They could drop the price of oil by ⅔ and still be making money. There is more lithium out there than you could poke a stick at, if it becomes worth money then every man and his dog will dig it up. I was on the galaxy train very early on, always looking for the next big thing. Luckily i bought gas industry shares APA at the same time. They have made me well off.
the problem i see with galaxy shares is it is controlled by short sellers, the corporate world isn't interested in could be , should be would be. They dont need to make 100% on their money. 10% that is safe and long term is their goal. Even 5% as long as it is year in year out. Without them owning shares the short sellers just play with it. Yes you could get rich if you get lucky, and galaxy could do just that, but imo it wont happen. Sorry to those holders who disagree, hopefully you are not in too deep, and if you are hopefully gxy rockets into the future. Even though i have sold out now i still dream of the day gxy is a world leader in the lithium industry and you just never know.....i may get back in one day.
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