GXY 0.00% $5.28 galaxy resources limited

galaxy analysis, page-2

  1. 74 Posts.
    Sniffer, I'm not sure I believe in these prophecy like tools - hocum pocum rubbish. There are too many variables in share dealing. The key to long term success is looking at the fundamentals and trusting them, especially when the market doesn't, as here.

    The fundamentals here are tremendous, the market just doesn't think so yet and has not fully appreciated what GXY are in the process of achieving. The price fall in the first half of the year was understable given wider economic conditions, but it was heavily exaggerated, possibly by shorters and also by general negative sentiment around the share.

    I think GXY will be flying high once investors are updated on the Jiangsu plant, hopefully by the end of this month. Lithium demand also appears to have bottomed and the demand in China is clearer than ever to see.

    Good luck all.
 
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