GXY 0.00% $5.28 galaxy resources limited

Shorters... Good luck!, page-1171

  1. 5,104 Posts.
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    I see GXY as a fabulous long term hold for the lithium sector!

    Yep,its being shorted and manipulated and I’m sure there is one hell of a lot of insto activity behind the scenes.


    But in the field of Lithium shares in Australia my gut feel is that GXY is ahead of the pack. 

    1) We are a producer now! Some are trying to get started and looking for money and backers, and get their deposit off the ground- but we’re already in that space! Consider how strong BHP & Rio became in the iron ore industry because they were early players! Also consider the sheet the long termers to GXY had to put up with early days- it was nearly broke and definitely close to being non- existent. It takes a long time and lots of money to get where we are now. And you’ve gotta like the fact that after consolidation there are really not that many shares on the register- with a company of no debt!

    2) The Ev market is hotting up and will only get stronger!

    How good is it to be producing now, have offtakes in place and dragging in the cash! This EV revolution will continue for years and my hope is GXY becomes a dominant player- just like BHP, etc, in the iron ore field.

    3) We have huge cash reserves building at the perfect time. Expansion, acquisition, share buy backs, dividends- all will be discussed down the track, and will definitely send the share price north.

    4) Our secondary projects are all in the pipeline and sales of the land/ jvs will only strengthen this company into a major.

    5) LPD- our agreement with LPD is a great acquisition to ensuring we are able to improve productions, etc, through up to date technologies. This is a real positive.


    I AM NOT WORRIED by the GXY Sp at the moment- there is nothing wrong with the company and fundamentals are strong, we are just being played with, and shortly it will stop, and true value will be accorded to the company.


    RELAX, IGNORE and put those GXY shares in the bottom drawer-


    the sp will be a long way north in just a few short years!


 
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Currently unlisted public company.

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