GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-1160

  1. 8,739 Posts.
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    Hey @asb83

    Galaxy may already have the cash, we know at minimum it was in escrow pending the transfer of tenements to POSCO.

    I am going to take a wild stab in the dark and say that by Thursday or Friday next week we will be flooded with a tsunami of information, because on Wednesday President Macri will be in Antofagasta de la Sierra to meet with the company and whoever else happens to be there.

    To understand why the President would be attending, and what he has to do with the transfer you would need to understand where the project is placed. It goes a little something like this. Northern Sal De Vida is in Salta, and Southern Sal De Vida is in Catamarca. In the middle my understanding is a Federal border, so for the completion of the sign off, and to show that Argentina is open for business, plus with the President announcing his intention to run in the 2019 elections as well as the G20 in the next few weeks.... I could go on but I think they are some pretty good reasons for him wanting to meet with the company and be a part of the process.

    Or, maybe as others have pointed out maybe the transfer has already completed and we have the money, though I am going to opt for my explanation above. I don't think we have anything to worry about receiving that money. In fact, between you and me. There is much more than that coming. But let's keep that our little secret OK?

    Here is another angle of that photo above with Anthony Tse on the right with his trademark handkerchief in his suit pocket sporting what appears to be the beard of a great Wizard!

    Another Angle.jpg
    Last edited by Thesi: 09/11/18
 
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