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09/09/16
14:26
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Originally posted by crashman111
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Ive been playing since 2009. Ive seen the share price yo-yo from a solid $1.50 to 2c and kept holding on because I believe the new oil story. Ive cut my losses on other companies averaged down my GXY from $1.20 to 62c with all these bargains floating around. Being very conservative - Its the only thing I see with at least a 200% - 300% return from current prices within a few years.
Before you panic, remember:
Positives:
>Electric Vehicles (EVs) are here to stay.
>Power walls / home storage has just made an appearance - and here to stay.
>Everything is going cordless - eg: apple headphones.
>Galaxy will be the second biggest Lithium company on the ASX and is pure play at that.
>We will make an appearance on the ASX200 on the 19th of Sept.
>There are sales and production... no more explorer status.
>Healthy financials... No more capital raisings like the early years.
>Competent management.
Negatives:
>The stock is being manipulated.
>A 3 month delay
>Can anyone else help out with this one? im scratching my head.
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No panic here mate, believe in lithium -also hold PLS. Was just wondering what was up with GXY, not a rich man. Listening to the informative posters has helped. Cheers.