This company looks like an acorn at the moment - all things are in place for it develop into a mighty long lived oak tree. Short term traders who generally ignore fundamentals will be shaken out of this stock, but the big winners invariable is "patient capital", if the fundamentals are correct, which they appear to be with Galena. This company has a major shareholder which is a big end user of lead and zinc .... it has a history of investing in high quality long life assets, which it ultimately acquires. Just looking at the off take agreements alone validates Galena's investment credentials .... the potential for a copper gold asset is icing on the cake. I will be accumulating on any weakness. Baring some, catastrophe, 20c looks rock solid support ... so with SP targets of 60c by the leading Galena analysts, why worry about penny fluctuations in the SP ??? Surely there's not enough liquidity to make it worthwhile for all but the smallest day trader ?
G1A Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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