GXY 0.00% $5.28 galaxy resources limited

You've always called it straight @bilulu . I was pretty-much...

  1. 2,201 Posts.
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    You've always called it straight @bilulu . I was pretty-much cleared out of GXY at $4 + before i signed-up on Hot Copper..and was wondering if i'd done the right thing. I was very-keen to re-enter just above $3 and as a holder it would've been in your 'near term' interest to have me do that..But you've always been reading the parasitic financial insto's right and advised me to do my buying-back under $3.. That kept me in the 'buying game' retaining ammunition for outrageously deeper-dips in this war. You & i both got slammed by a long-term poster (who thought he owned the site) i 'subs'equently put him on my ignore list LOL

    It's a jungle out there..looks like a desert right now..but we have the oasis..It's not a mirage. We have heaps of cash, no debt & enviable projects. The mirage is the artificially suppressed GXY price. I'll be buying more at low $2's during-dips. The poor-communication by management hasn't helped our SP plight, but they have ensured GXY is fundamentally bullet-proof. AT is always wishy-washy during interviews and i've never heard anyone say "kind of" so many times. He needs to be more forthright and also restrain our 'insider' paid consultant JP Morgan (major shareholder) from renting their shares to the short sellers. In September & October i drew-attention to JP's seemingly generous offer of 'commission free' brokerage to the American public, enticing them to buy-into the frothy Wall Street indices at record highs. The trap-was-set and that's why i was so sure our SP would bottom-out a few cents either-side of $2 before 2018 closed out. The rug was pulled & Wall Street tanked.

    @bilulu you are right to complain. If everyone was to take-a-stand these parasitic banks would have no oxygen and we could steadily make them extinct. They need the public to exploit and fuel their 'house of cards' ponzi debt system. I bought silver last-year at US $14 oz manipulated down by JP. Back in the day, these parasites were safe-keepers of our bullion which was & always-should-be the ONLY trusted currency. Thanks to the uptake of solar panels/renewable energy consumption of silver was up 20% on the previous year. The batteries required to store all that extra solar-energy need lithium. I had a read of many posts hilighting demand for EV's and these are just a part of the energy-storage picture. Like silver & gold, lithium is a commodity of great importance. The only 'over supply' risk is for Bolivia to suddenly develop their brine-reserves but their socialist coca-farmer leader Evo Morales is incompetently-useless and sure to hold-back his country ongoing.

    GXY is the most invincible-stock on the ASX. The closer our market-cap gets to our cash-hoard the more we should buy. I'm keeping 'rainy day' funds aside to avoid missing-out on bottom buys. The banks don't deserve to be-the-ones taking advantage of their dirty deeds. It's our choice. Our actions determine their results. Our biggest obstacle to the big-prize is a takeover and i won't be selling much on the ride back up..Gotta make those b'stards pay GLTAH
 
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