GXY 0.00% $5.28 galaxy resources limited

Ann: Galaxy signs Letter of Intent for Potential , page-5

  1. 878 Posts.
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    re: Ann: Galaxy signs Letter of Intent for Po... gooru25

    I am not about to get into a slanging match with you. Not sure if you have listened to the BRR chat with Iggy Tan.

    Scroll down the GXY list until you hit it.

    BRR News: Galaxy announce Hong Kong listing and growt (System)

    Investment in a company is up to the individual. Myself I am in for the long haul and the direction the company is heading satisifies my requirements.

    GXY will get a bigger return on its investments by going doing the road that Iggy is talking about in the BRR track.

    From memory, by producing the end product the company will get a 50:1 return as opposed to a much smaller return for just selling the stuff out of the ground.

    It comes down to whether or not you are happy with the company. I have been in this stock for quite some time now and intend to stay.

    As far as ramping up the stock. All I can say is that I find the way the company has been progressing is very exciting. I Sep 2009 (from memory) the stock was over $2, so it has hardly hit great heights. Also, if you watch this stock on a daily basis, you should see a fair bit of manipulation going on with the price being held down. IMO someone or a number are accumulating the shares for bigger and better things.

    I must admit that I have been guilty of taking the cream off the top on a number occasions but that is sharetrading.
    It still does not alter IMO that this stock still has a long way to go. I do hope that in the end we do go all the way to final production of products and that long term shareholders in the company reap all the profit.

 
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