GXY 0.00% $5.28 galaxy resources limited

ASIC Response, page-14

  1. 253 Posts.
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    I agree with your thoughts, that investing heavily in AGY would be a misstep and also that it would be a decent short-medium term play. AGY's tenements are surrounding ORE's tenements in Argentina with positive results. I'm banking on the fact that exploration in the surrounds have already been completed which leads to a more positive outlook that the results from exploration will also be positive. It is fundamentally different to a mining company as it is categorised as an explorer, I believe it has chosen its exploration areas well. Definitely speculative.

    Love GXY, never leaving it. Topping up at the lows

    DYOR GLTA
 
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