Buyers are back in control now, looks like we can relax after the carnage this morning. Lots of good announcements in the sector today PLS, AJM, especially DKO with a lot more value to be added to the sector in the short term by more announcements for many of the large players.
One substantial GXY holder takes some profit and the sector goes into a frenzy. Natural response to the rapid climbing we've seen I suppose; A lot of buyers late to the party may have had stop losses triggered.
The only point of difference here is that Lithium is not a bubble, this is a real resource which is in huge demand and will continue to be in huge demand for the foreseeable future at an alarming escalation. Great buying at this price.
GXY Price at posting:
37.3¢ Sentiment: Buy Disclosure: Held