I hear where you are coming from and that is certainly not me with a spear in your back...
Nor the Galaxy team..
I hear your frustration and speak with many Galaxy holders outside of this forum..
I don't think focussing on Mt Cattlin is going to do you very well as a negative when we both consider the cashflow coming in along with the extinguished debt.
You will have seen my post...
The one about Danny Ocean and how he didn't get the crew together to visit the casino.
Judging by your comment including other companies you're looking over your shoulder and thinking...
If only?
I ride a few tides around the place.
Some of which I wouldn't invest in long term, but always bring back my scalps to Galaxy..
Unless I see a long term potential and leave with it a free carrying punt.
I'm sorry that I don't have a definitive answer to say as to where Galaxy will go with South America nor Canada.
I just feel confident and safe within this stock by way of the assets, the management and particularly the potential that no doubt the management are looking into.
They have given many hints as to what they might be up to that I can see.
With that said.. No one is holding you here..
So why stay?
What is it that you see that keeps you planted at least within your super?
Yknow, sometimes I belt off frustration with my fellow investors.. It isnt pretty.. Have even been known to sing a few tunes to management and experts..
But then give me a few days after seeking an alternative I always come back..
Hey, I haven't mentioned Pilbara for ages..
But they are a formidable peer..
Well promoted..
And some have said to me..
Imagine if Galaxy had an Australian name?
Their promotion is second to none.
Has always been.
Yet in some ways Galaxy lays down like a wounded...
Doing nothing...
Just existing..
If you look at Pilbara sure they have offtakes..
However do they not appear to be similar to that of a new estate...
With a new release ever second month.
Whilst generating no income..
Galaxy has Mt Cattlin..
To be honest I couldn't give a rats if they were selling shoe laces that are in high demand.
And then they have two other assets that can produce another 2 more times the amount of shoe laces meaning seeking out other investments to enhance revenue..
I also like Orocobre however galaxy produces more LCE's and with tolling will produce more revenue.
Yet they are trying to expand production before they have finished learning how to walk.. Some say..
I will not dissuade anyone not to divest from Galaxy..
Those, and your personal finances make no impact upon mine..
So..
Do what's best for you..
But before you leave..
Tell me what you compared to and why it is a better investment over the next 2-3 years..
Sure there will be short term gains..
But personally..
Like others here..
I seek something I don't need to worry if an announcement will come out that will destroy my holdings value..
Because even if people sell down..
I'll buy more..
And more...
And Galaxy doesn't release many announcements anyway.
Unless they are really good ones..
Just in my..
Humble..
Opinion..
