Lets Get Perspective

Hi All

We see one decent clean out, you read a few posts here and its as if the sky is falling.

GXY has had a great run up over the past week - we saw 7 up days in a row before today.... There was always going to be a retrace/clean out/shake out whatever you want to call it.. Remember we are only back to levels we were trading at 1 week ago.. Hardly something to panic over... Have the fundamentals changed? Nope... If you really love this stock you should be happy you get another chance to buy sub 4.00.

Lets get some perspective, PLS -6.5% ORE -4.4% AJM -5.3% and all the lith juniors (AVZ, AGY, KDR etc) are down too. (SYA the notable exception - but everyone is frothing over the move through 10c and the update today was solid).

When you look at the last 10-14 days none of producers/near producers (PLS, ORE, AJM, TAW) etc have had the run up we have seen so its only natural that we may take a bigger hit than them on a day like today...

For those late to the party - if you paid the highs at 4.20 and above - you must of liked GXY then - well you have to LOVE it now sub 4.00 - buy some more...

In my opinion only - this move will be insignificant for those who have a medium-longer term horizon maybe even shorter...

GLTAH