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Affi11

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11/04/17

22:47

Post #: 24013239
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Originally posted by BabaRoga_space ↑

The time when one could just bury their head into GXY sandbox and look at DFSs, core drill results, talk about potential of lithium, and see the SP skyrocket on the back of those. Well, those days are just about gonne.

Time when Galaxians have to pull their head out of the sandbox and pay very good attention to the world around is almost here.
There are a lot of mines scheduled to come online in the next couple of years. And demand for that supply has to become reality.
And there are still a lot of hurdles EV producers have to overcome to make that demand reality. Technical issues, cost, production, etc, etc.
These things you present as dead certainty are far from being certain.
EV's are still really expensive, clean energy even more so. What's the cheapest way to extract lithium in 3 or 5 years going to be? Lithium is one of the most abundant elements on earth unlike gold, copper or Iron. There are a lot of possibilities.
What will happen if family of 4 gets burned alive in EV battery malfunction in Belgium? Or family gets burned in the house in Japan because storage battery caught fire while charging? Imagine the media frenzy.

This is not downramping or saying GXY won't be worth $4 billion or $0 i 5 years time.
It's just a fair warning, it's time you guys evolve and start looking at these companies like you would at ORG or Oilsearch, etc.
If you don't pay attention to the world outside GXY, you might get hit, in the face, by a freight train.

Cheers and GL

P.s. this isn't specifically for you. But general observation

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Nice observation ... show me which gold plant cost 300 million capital to build .. it is abundant but bringing it to useable state need funds which many don't have we are the front runners here at least give us tht credit ..

GXY Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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