Again, what you say is completely correct however in this instance the doubling is very bullish. There is no justification to really prove Galaxy should move anywhere further upwards beyond its current barriers.
My point is that there is nothing currently other than a pipe dream to differentiate GMM from Galaxy other that a copious amount of stocks in the market, a debt that is managed via the buy in by GMM and a so called flag ship that is going no where but hot air and claims of discussions.
Clear communications need to be made regarding the future of SDV to indicate what's going on there. It's very arrogant of the company to maintain the same tune that has been played for some time. I remember one day I raised about Ponton and how we should talk about it and then all of a sudden there was an announcement which basically said it's in a location we have Buckley's chance to develop but not many picked up on that and the market pushed upwards on another dream and lip service.
GXY Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
