GXY
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0.00% $5.28 galaxy resources limited

Banter and General Comments, page-13593

  1. Sjlasx
    3,463 Posts.
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    20/01/20
    22:33
    Post #: 42482329
    Yes GXY lost out when A40 collapsed.
    Also A40 was not all it seemed to be.
    GXY have been exiting LPD as far as I'm aware.
    Looks like they aren't interested in holding equity in other companies now.
    Investing in GLN does not do a great deal strategically for GXY.
    GXY already has a large enough resource at SDV. GXY does not need the Candelas tenements and the high grade hits GLN has been achieving near Livent appear difficult to commercialize.
    Doesn't mean GLN is a bad bet, but I don't see the point in GXY taking a speculative stake when it needs the funds for it's own project.
    GXY Price at posting: $1.22 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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