It could also bots making people nervous like an end of day program when people check and get trigger happy from nerves. To continue suckling up the shares.
On the merger has anyone considered that Galaxy Resources and General Mining could end up becoming a part of a super company focussed on rare earths?
Whilst rare earth prices are pretty sh!T there is no doubt looking forward they will be in hot demand in the next year or two for new energy products as countries and private enterprise cash in on a better way of living.
GXY Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held