GXY 0.00% $5.28 galaxy resources limited

Ann: Sal de Vida advances to design phase, page-71

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  1. 5,004 Posts.
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    Remember the iron ore story. The boom when Chinas Relentless Industrial Revolution begun, when she slowed the price of iron ore tanked. The many mining companies that jumped on the gravy train with large debt were inevitably swallowed up my the majors leaving only four big players. FMG was one and it’s share price rise from the ashes, anybody else see any similarities to what we are seeing today?

    Lithium companies with strong assets, no debt, and cash in the bank will be the survivors.
 
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