Hi. I have held Galaxy shares for around 4 years buying at prices around $2. $1.70, $1.20 and finally at .99 cents (within the past 12 months) because they were a producer but closed production for a while due to low prices. Now holding ORE shares. Interesting hearing CEO of Core mention they would be producing about the same quantities as Galaxy (in his message to shareholders mid August).
Prior to merger Galaxy shares went to around $5. ORE currently about $9.60
So, based on that once production starts share price for Core will continue to rise. Haven't looked at number of shares with both stocks, so that may affect the share price, or estimation of where Core will be going to. But add in the price of Lithium going up due to shortages up to 2025 price should/will continue to go up over and above that price particularly in that 150,000 tonnes of production for 4 years has already been allocated.
The other Lithium/Gold explorer that I have now invested into is MTC. Almost in the same position as Core who actually are exploring in the same area as Galaxy in St. James Bay area, Quebec, Canada. MTC will be spinning off their Lithium resources in a new company called "Winsome" and MTC shareholders will be given a distribution "in specie'
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Hi. I have held Galaxy shares for around 4 years buying at...
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