A lot of swing traders are bailing/ have bailed on GXY to jump aboard the PLS bandwagon. This is providing opportunities for the savvy investors to pick up more GXY. I noticed a couple of decent trades (one was 5m at $0.377) that suggests there is a bit of accumulation happening with GXY.
In a month or so when the reality of the long lead time for delivery of their maiden sale hits home, PLS investors will swing back into ORE and of course GXY. This is simply what is happening.
Patience will be rewarded as the market will swing back our way shortly.
I have bought my 5th additional parcel and will keep topping up at these levels. This is an opportunity that comes around very rarely and will create some serious wealth.
GLTA
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