A certain nickel/cobalt/plenty of other goodies junior showed confidence in their operation which at the same time rewarded and included holders in just this way.
As all things are by at least one corner of any room that was criticised by some but paid off very well for both the holders & the company.
It signals to the market quite clearly that management is willing to put their names where the SP is or where they believe it will be.
Throw a line forward as opposed to an anchor out the back.
If one was so bold, they may even say it’s A Really Logical step to at least give such a move some consideration remembering how it worked out for another company.
Only companies with big deposits of what everyone needs as well as good management should try it & Galaxy does have those.
GXY Price at posting:
$2.68 Sentiment: Buy Disclosure: Held
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