What the fuck are Galaxy Resources up to?!? Down to 40

What you mean down? If they were UP to 40 cent i would be richer

>>1437350
yeah shit i'm on PLS and we're down to 50c or so when we were 58 a couple weeks ago.
I think it's Macquarie bank but i haven't looked into it. they claim that put Lithium in a not-so-good investment
Just hold and you'll be alright

>>1437353
wait that made little sense. Basically Macquarie bank shat on lithium.

>>1437351
They've been above 40 for a few months now

>>1437354
>Basically Macquarie bank shat on lithium.
Yep, Macquarie downramping the stocks for acquisition or toping up, seen that shit a couple of times since 2009. I'll wait for next week SP and top-up if it stays arround 0.40AUD, hopefully I'll get a good price average and beat the mark before the DFS for SdV.

This is common game and a great opportunity.

>>1437360
too true mate, but fuaark it's frustrating

>>1437353
>yeah shit i'm on PLS and we're down to 50c or so when we were 58 a couple weeks ago.

as for PLS. they are in a veery very bad position, they need favorable SP to get their project developed. GXY on the other hand already produces and will get funds by selling the product, SP conditions although always an issue, especially for SdV, is not a critical one for their lithium production. My guess is FMC or ALB is going to make a takeover bid this year on GXY.

I'll say that if the funding for SdV is not reached sometimes this year, FMC will takeover GXY since their salar is next to the FMC salar and infrastructure costs are therefore minimal thus the development could be reached sooner therefore allowing FMC to get a lithium market share as predicted by their last public response.

should i buy more Galxf?

File: p040mrzt.jpg (39KB, 624x351px) Image search: [Google]

39KB, 624x351px

>>1438640
Mooooooon