Glad you got out intact Upstart. I was worried about ya...
If you'd lost money you'd have had to sell that Photoshop package of yours that we all like so much.
A lot of movement from there onto the next speculative bet. The end of FOMO.
When one stock has a resource and no mine and another has possible resource and no mine then I guess people are just chasing whatever they see has the most upside enthusiasm in that pre-DFS period. Even then. What do you have - a BOA?
GXY had 100% offtake and still had to start from scratch again with the contracts when it came to the crunch.
Look at some of the juniors. Many are already back at Feb levels already.
Galaxy has turned into a safe pair of hands in comparison. It's a different league when you have a producing mine and a slate that will soon be clear of any debt.
The action of the last few weeks is a good measure of how confident the average GXY investor is about the future here.
Yesterday's announcement was an excellent progress report for a mine that has only just re-opened.
Everything is on track.
Even the merge. GXY could extend the merge offer period but I think this will all resolve very quickly now. The decision lies now in about 8 hands who are all pro-GXY. Those votes alone can take us right up to about 87%. ( 6 funds with both GXY and GMM holdings, Fotios and Tribeca).
