GXY 0.00% $5.28 galaxy resources limited

cash raising coming?, page-18

  1. 2,768 Posts.
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    *Some* people are particularly bearish. Compare GXY to what it WILL be, compare it's share price now to it's established peers, it outranks Orocobre in my opinion, in terms of resources in ground (maybe I'm wrong?). Orocobre just broke $4 at one point and has regularly dallied around $2.5 and $3 marks. Orocobre is really a peer, with fewer potential projects, but serves as a good base-line to see what GXY could be one day.

    Even if we think it stinks and the share price is $1 that's still 6.25x what the share price is now (is that a bad return?), so when I hear people screaming chicken-little style that the share is going to ZERO (and putting their wishful sell points there), I learn that those people are traders, and like to down-ramp stocks after they've sold, to buy back in at a deep discount. I learn also, that what they post on HC could be at best misguided, and at worst, just down-right deceptive, for personal gain...

    Will GXY (or even GMM) dilute share-holder value. I'm almost sure it will happen, self-funding would be wonderful, and it is in the realms of possibility, but to get to market quickly and all projects productive that is big $$$, close to GXY's entire market cap really. It's really more likely a CR / JV of some kind similar to GMMs buy-in or involving GMM will happen...

    DYOR.
    Last edited by shades2: 06/02/16
 
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