GXY 0.00% $5.28 galaxy resources limited

Interesting sounding play with Tectonic...

  1. 74 Posts.
    Interesting sounding play with Tectonic Resources:

    http://finance.ninemsn.com.au/newsbusiness/aap/8291504/tectonic-seeks-funds-for-copper-gold-mine

    "A grant under the federal government's Renewable Energy Fund would be sought, but another option was to join forces with nearby spodumene miner Galaxy Resources, Mr Stirbinskis said."


    The Chinese (as a generalisation) are very forward thinking. Long term putting such focus on the environmental effects of the mine will create great savings (tax avoidance).

    Things are heating up nicely with Galaxy, expecting a bull run into Christmas as per last year. Only a matter of time before the HK listing is muted again. Highly undervalued at current levels.
 
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