GXY 0.00% $5.28 galaxy resources limited

Ann: Mt Cattlin Mining Approval Granted , page-14

  1. 162 Posts.
    Paddy yes you are a dreamer but you're not the only one.

    Compared to GXY's main competitor Orecobre (ORE) Galaxy has so much more going for it.

    They're building the world's cheapest lithium production plant in China which ORE is not. See GXY is smart enough to say hang on why should we mine the precious lithium and send it there to process at cheap costs. I know let's build our own bloody plant.

    And when I think where China's green car industry will be in the future and their demand for lithium it's bright future for Galaxy.

    I don't know why it sank from it's highs of $2.20 to $1.40, not justified in my opinion. I think it was the correction the SP had to have. At one stage it was up 10-20% each day for about a month. It was ridiculous, it couldn't keep going like that.

    My prediction $2.40 by Xmas.





 
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