GXY like all other companies is at a stage of production in an industry where not many lithium producers are doing it and as a resource that is scarce and is going to be needed in vast amounts with the electric era about to come into spring.
Given that GXY has had to position itself for this oncoming demand, and if you look at the companies performance from 2 years ago it is obvious of the quality and at the moment a good chance to accumulate before the next quarterly which as I can see will be positive on many fronts.
Oil and ore at the moment are having a run, as I see production figures out of the US and China are up a bit as Ore related industries fall onto one another, so we have a short breather in the lithium shares. But have a look at the spot price for lithium.
slowly going up and challenging highs constantly, buy up now and hold long or short, what ever you want.
But I can only see GXY heading higher over the next 6 months.
GXY Price at posting:
$1.85 Sentiment: Buy Disclosure: Held
