GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Report - December 2018, page-297

  1. 8,034 Posts.
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    I am struggling understand how people ......
    Not just how some can think they are so right
    and everybody else is so stupid.
    But it is how they dismiss posts without even offering facts.

    Oh You are on ignore...haha they do make me giggle as well.
    I mean how ridiculous is somebody that cant even
    Stand looking at an alternate view...
    Even if it is only for a laugh...
    Thats what I do when I read things like Cash cow for Mt Cattlin.
    I wonder how many years it will take to payback its cost.

    Who knows everybody may be wrong
    and 20 or 30 rampers here may be right
    But the SP keeps falling....so I expect most are sitting on a loss.
    If they were so smart...wouldnt they have known
    The right time to buy.

    Lithium is a commody ...they all have a price.
    Almost all are set controlled and manipulated by China.
    As I have been trading gold stocks for many years
    I have come to understand the Chinese a little better.
    With gold having the Chinese and Indians as the biggest buyers
    Why havent the Chinese bought up all the gold mines.
    As the biggest buyer they can control the price.
    and let others mine....most at a low margin or a loss.
    Not many gold miners around that arent carrying plenty of debt.

    So the same question needs to be asked.
    If absolute fortunes are to be made in mining Lithium
    Why havent the Chinese bought up all the lithium mines.
    I suggest the money is to be made in processing the concentrate
    and making batteries.

    Oh ..I have been in a Tesla...and I still prefer my Merc.
    Do I want an autonomous vehicle..Absolutely never.
    I enjoy driving

    Cheers
 
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