GXY
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0.00% $5.28 galaxy resources limited

It's not really a guess what's going on. All lithium stocks are...

  1. asb83
    5,814 Posts.
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    31/08/18
    18:19
    Post #: 35337488
    It's not really a guess what's going on. All lithium stocks are pegged against the price of lithium. Sentiment for the price of lithium is down. All other events are a sideshow to the main event. At the end of the day, what good is the POSCO deal *if* the price of lithium goes down? The money from the POSCO deal would then be spent on an asset whose future profit margins are dwindling away.
    GXY Price at posting: $2.73 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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