"Given the superior quality of Sal de Vida as a long life, low-cost operation with excellent economics, Galaxy will only proceed with a strategic partner if the final terms of the relationship properly recognize the fundamental underlying value of Sal de Vida and the partner can add additional value to the Project either through technical and/or financial input. The Company will advise the market upon further developments with the strategic process."
This update reinforces my point. Management is saying f off to crappy offers and downrampers. Crap offers, shorters and downrampers work in tandem to try to steal GXY's lowest cost asset. Thus this announcement is a big fat middle finger pointed in their faces?
not advice
GXY Price at posting:
$2.24 Sentiment: Buy Disclosure: Held