GXY 0.00% $5.28 galaxy resources limited

Today, Only 10 holes drilled with combined 1,205meters have been...

  1. vmp
    13,200 Posts.
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    Today, Only 10 holes drilled with combined 1,205meters have been released out of 31,000 meters campaign. They've completed drilling 2o,000 meters therefore we should expect:
    - further results for 19,000 combined meters fairly soon in the next few weeks.
    -potentially a motherlode given the initial results so far.
    -drilling for another 11,000 still to be completed, which will extend the Galaxy JB announcement season to probably November, and by that time hopefully we would have proven a resource the size of which is the next talk of the town.
    - This campaign is more exciting than Trump's campaign to win the presidency. There are no supposed lies or white lies here, just simple lithium. It will be full of thick lithium pegmatites and dykes, a lot to like.

    Some questions which do not have to be answered today are will JB Ann be enough; what other announcements will be made to bring us to the cannacord connacord target of $4 or the old 80 cents? What would be the proved, inferred resource size when this campaign is complete?
    By the time these are answered, gxy would have accumulated $50 million unencumbered cash in the bank and ready to pounce. Will galaxy end up being the best performing stock in the asx AGAIN this year? Remember gxy is like the golden state warriors in the nba. It is capable of launching a come from behind victory reminiscent of gxy 2016.
    Ok folks, just take these with a tempered approach. After all, it's not an encouragement to buy or sell. Best to all. It's been a good Ann in weeks of brazen attacks by shorters.
    Last edited by vmp: 27/06/17
 
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