GXY 0.00% $5.28 galaxy resources limited

A Chinese Snow Ball: Force Majeure

  1. 13,385 Posts.
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    Seems Chinese are reneging on commodity deals using legal escape practices. Them Chinese are starting to walk...away from liquefied natural gas and copper imports. Raw materials such as lithium stands a fair chance to be impacted. Sure glad a few naive Galaxy investors took some off the table during the recent bump. Call it a Tesla or a UK 2035 bump but that was all it was IMO. I can easily see double nickels again.
    As always DYOR
    TD
    https://hotcopper.com.au/data/attachments/1970/1970492-342d9b21f4c4cb1e8fc36f6b513a8486.jpg
    The dreaded Double Nickels
 
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