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$5.28 galaxy resources limited

Brine Projects and their feasibility, page-10

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moriwaki

2,582 Posts.

204

10/05/19

16:25

Post #: 38510556
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Originally posted by Dukun: ↑

Thanks for the informative post. Much appreciated.

i guess I am a little worried that these companies SHOULD do their due diligence and properly consider their impact on the environment and local communities but external pressures and the bottom line might relegate these considerations.

Also with the shared area/boundary with other projects in Chile etc, this might mean that if only one miner conducts itself unethically (using the evaporation technique or something similar - that uses a bit of water) then other projects are put at risk.

my original investment in galaxy was because it had diversified investments in three different areas. Now I'm not so sure about the viability of one. Nonetheless thanks for clearing up some of the issues for me.

btw, everyone seems to use imo etc. Is this necessary for small scale private investors on a forum or just people that work in the financial industry? Anyways just in case this is all imo.

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I am small scale private investor. I use it so as not giving advise. (Against HC policy anyway) Just calling it as I see it.

GXY Price at posting: $1.61 Sentiment: Hold Disclosure: Held
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