Not surprized that Morgan Stanley have been buying up & now own...

Not surprized that Morgan Stanley have been buying up & now own 5% in Galaxy .. !! probably buying into others too!(maybe PLS )
past 6 months S/P have dropped heaps & MS has been buying up since mid-March.
This is what the big Investment Banks do. so we just hang along for the ride.
(check out Michael Douglas in "Wall Street"..'Money never sleeps"...

The cats outa the bag now ...so MS will announce soon "we made a mistake with supply/prices etc).

This should trigger the next uptrend , as S/P gets above the 200 day average.

IMO, this time mainly producers & near term producers will trend. up first .. Explorers with promising resources will "rise with the tide ".
So the sooner the better for Tawanas merger to happen.
Chart-wise it's time to move up ....the weekly chart MACD is almost rewound down to zero....perfect form IMO..