Mayhem caused by lack of news, page-92

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21/12/18

12:25

Post #: 36933887
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Originally posted by Mr Winkle ↑

I have been a holder of Galaxy shares since 2010 and in that time I managed to average my price down considerably. I still hold just over 250K and at my age is one of my main sources of income. I have been very patient over the years and have been a very big supporter of the current management and in particular Anthony.
I fully appreciate what is about to happen with EV's, Storage, Transport etc and believe it will happen sooner than most people think. I also believe that Galaxy has 3 very good projects that in time will have a substantial turnover.
I had to sell a small number of shares yesterday to pay a tax bill, I had delayed payment til this week believing there would have to be an announcement of some sort. But no it is just a deathly silence. We are the shareholders of this company and it should not be too much to ask for some updates on the various projects. Surely by now they have completed the upgrade to the fines circuitry(70%-75%), completed the POSCO transaction. I don't believe in 'announcements' just for the sake of it but surely Galaxy can be a little more proactive with their communications to investors. As many posters have already said if Saldevida takes another 1-2 months to finalise so be it, just let us know it is taking longer than anticipated.
Other than that Merry Christmas Galaxians

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There is still 10 days left in the year...

AT told us he expects a deal before the end of the year to be finalised in Jan.

This push down is Sector wide. An announcement now would be absorbed by all the negativity that actually has nothing to do with us. Announcing it now would be a waste of good announcement.

IMO, leave it till the market turns, even if only a bit if green in the US = Give them less chance to hold it back.

GXY Price at posting: $2.10 Sentiment: Buy Disclosure: Held
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