Hi Thesi,
I always like your positive attitude on HC.
I have been a Galaxy shareholder for about 9 years and been from through several roller coasters....high and very low ( 4 cents) yet I never sold any shares and kept accumulating 2.2 Millions shares.I have bought more today. ( I was just a bit early on the lithium revolution)
Of course , I am disappointed about the latest price but the fundamentals have not changed.
All has been said about the quality of GXY and its management .
Hang in there , step away from HC and come in a few days or weeks and enjoy the bounce.
Galaxy is basically back to the same share price as it was in April 2016 before they commenced production.
It's like every single announcement or improvement even the 2017 lithium pricing has been wiped from value in the stock.
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Back at the 2016 AGM the company was talking about getting Sal De Vida on track, and since then the progress has been minimal. They went to James Bay to do some more work, but still there is no DFS from the company.
Since April 2016, the improvement to shareholder value has been ZERO.
It's difficult to see any reason to continue investing in this stock... than to hold and find a nice exit on the rebound.
It's a tragic disappointment.. and I am left wondering if anything could have been done differently to improve investor return.
The consolidation has been for no apparent reason and it is sad that management didn't have a plan once it was complete to sweeten the moment.