GXY 0.00% $5.28 galaxy resources limited

New Lithium Related Article, page-639

  1. vmp
    13,264 Posts.
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    Mcap could go to gxy’s cash in bank.

    Look at Chalice Gold, it’s got $40m cash, busy doing business and no debt, mcap is $38m
    Why? People know chalice will not give any cash to shareholders. It’s just a decoration. So investors don’t care how much cash it has. If Gxy gives a portion of Posco money will surely burn shorters with their suits on. Just say we’re going to give half to shareholders and they’ll come in droves buying- guarantee. Investors want cash returns that’s why they’re investing.
    Last edited by vmp: 06/09/18
 
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