Galaxy - Diggers and Dealers, page-16

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ElonMusk16

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09/08/17

13:58

Post #: 26389785
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Originally posted by airconditioner ↑

Diggers&Dealers 2017 -
Probably the most positive presentation of Galaxy I've seen the company produce.
They really got on the front foot and started laying out more of the contents of their current expansion plans.
That shows a lot of confidence in how far they have come with the new deals
and its exactly what I was looking for a couple of days ago, when I suggested we could all do with a little more information about their progress.

Why are we not climbing quickly through the $2 range already on the back of what is now on the table?
Lithium price pegging new highs with virtual certainty of new higher contract prices for us.
Production up, costs down.
Deals on the table with Big Auto for SDV/JB who have said that only 10 juniors will survive.
And they're not talking to us because our torch is about to be snuffed out on the beach.

An example of the lack of fundamental logic around this sector is the HC attention on the DRC stocks.
Why do you think cobalt has run so hard this year?
DRC is a corrupt and violent mess on the brink of another civil war
and the real money behind batteries is looking into more reliable options.

And yet you have ML claiming lower "political risk" in DRC than Australia?
Holy Hyper-ventillating Hyperbolic HorseSheet, Batman.
Is it the 150 character limit of Twitter that turns the whole platform into a credibility no-go zone?
or is it the ability to delete old or offending posts and control the temperature?

A recent Argentinian govt report on mining listed Galaxy as one of the very few lithium projects that they were looking forward to progressing.
James Bay has only sent back a small percentage of the new drill results and already looking to provide a massive increase to the old JORC.

When the dust settles
fundamentals -
reliable supply and demand, established clients, rising prices,
and management and experience and cash-flow
and , yes , political stability - is important
because, in the end, it is the difference between a company growing quickly
vs one that can disintegrate.

The best money is made when a company is "in the woods".
Invest in companies that are making real and substantial progress without sufficient recognition in value.

The only Demon to worry about is Ignorance.

make good choices
AC

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The quite before the STORM i'd say.

This train is about to leave the station and we only have a few seats left Next stop, the price of boarding will be much much higher! Cant wait for the next quarterly, JB drilling and our strategic plays. If an auto like VW (10m ICE per annum switch to EV over time?) is in play then who knows where this will go!

All the best Galaxians!

GXY Price at posting: $1.94 Sentiment: Buy Disclosure: Held
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