Howdy threaders,
got one for all the learned folk in here. I've got around 6K in my SMSF looking for a home. I'm partial to the mining sector (totally cleaned up with S32!) and I'm looking at GXY.
Obviously, lithium will be big in years to come. But is GXY the way to go? Their balance sheet does look good. They're producing and so the cash is coming in. They appear to have some good assets.
So- is it a good time to buy in? I would be looking to hold for the long term unless something spectacular happens. I know we're all a little biased in this forum- nothing wrong with that!- but I'm really looking for some good, unvarnished opinions. Throw 'em at me
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Gxy chose me I didn't choose gxy. I had something gxy wanted. I had gmm shares, which I brought for under a cent and purchased from money I was prepared to gamble with. I have a few other gamble stocks. How ever I prefer good solid growth stocks that pay good dividends. When gxy has a proven track record and records a steady profit a few years running and pays a dividend then it might tick a few more boxes for fund managers etc.