Today, GXY rebounded ~20% from intraday low to close around 40c. Two days ago, PLS (a Lithium miner) also rebounded ~20% from that intraday low to close around 53c. And they are both planning to release important feasibility study doco in August; soon, perhaps, will they both reach a milestone.
If the rebounds were not coincidental, I wonder if the SP will be driven down and then rebound strongly just prior to reaching the next milestone ?
What do you think ?
GXY Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held
