GXY Official Thread - Where's the $18M Edition?

[Anonymous No.1219648]

The official moonstock of /biz/.


GXY Pros:
> Mt. Cat mine running and being upgraded w/ capability of additional ore being generated
> No other WA company has running mine
> $36M agreement to contract for initial production
> $18M of contract to be paid pre-delivery by 3/31
> Mine being run by GMM who is paying GXY to do so (and getting 1/2 profits)
> Really good people running company now vs. prior assclowns
> GXY disclosures match what recent presentation showed
> GXY has strong network of Chinese buyers
> Has over $200M (AUS) unused tax credits from sale of Chinese disaster mine
> Paradice Investors recently purchased significant stock (and did business inspection)
> Future market for lithium is expected to grow significantly
> Some Czech guy is allegedly making a website

GXY Cons:
> Agreement to contract is with Chinese and is not a formal contract
> No press-release that $18M was received on 3/31
> Quality of ore from Mt. Cat that is being processed is currently up for debate
> Pending lawsuit in HK with Chinese buyer of disaster mine ($2-3M)
> Sal De Vida and St. James Bay are years away from production
> Shitposters plaster threads with speculative graphs

GXY Non-Events/Neutrals:
> Mitsubishi has exclusive for product, but GXY can sell to others until Mitsubishi wants ore
> Acorn Capital sold many shares - funds to this all the time and recent Paradice investment negates
> Stock does have volatility due to speculators galore


How do I buy GXY

> IF AUSSIE: GXY
> IF BURGER: GALXF (Traded on OTC Market)
> IF EURO: GXYA:F

Can I Trade w/ Robinhood

> Nope.

Is this a Pump & Dump?!?!!

Nope. See above.

>What is your price target

Assuming lithlium prices continue their unprecedented rise much higher than currently trading.

[Anonymous No.1219698]

>>1219648
Thanks for the proper GXY thread. Other is shit. Up 7% today. ER was good news

[Anonymous No.1219711]

Houston, we have liftoff.

[Anonymous No.1219714]

When and where can i find the ER.
im hoping to get in on GXY tomorrow for the long run

[Anonymous No.1219742]

Lmaoooo...BAGHOLDERS. I TOLD U THIS WAS A PUMP AND DUMP. HOW DOES THAT BIG STEAMY DUMP SMELL NOW, FAGGOTS?

[Anonymous No.1219773]

>>1219698
No problem. ER is good, missing some facts I would like, (did they get $18M yet), but does show the mine is running and they are working on processing. They did confirm written agreements on purchasers which was a subtle, but distinct, difference from prior releases.

[Anonymous No.1219793]

>>1219773
Yup. Contract price locked and first batch out in a few months

[Anonymous No.1219833]

If gxy is .37 why is galxf still at .29

[Anonymous No.1219865]

>>1219773
>18m to be paid

They didn't get it yet

[Anonymous No.1219873]

>>1219833
GXY is in AUD, GALXF is in USD

[Anonymous No.1219905]

>>1219865
It's most likely being brokered

[Anonymous No.1219943]

I cant even trade OTC stocks with my brokerage anyways

[Anonymous No.1219977]

>>1219943
Get a better broker

[Anonymous No.1219994]

>>1219977
I'll have to get a secondary one for just OTCs but I have to find one with decent fees, I only wanna pay a single flat fee per trade like $9.99 etc

[Anonymous No.1220022]

>>1219994
Etrade

[Anonymous No.1220086]

>>1220022
Can etrade trade GALXF?

[Anonymous No.1220096]

>>1220086
Any legitimate broker can. I used to use eTrade but switched to scottrade because of lower trading fees.

[Anonymous No.1220293]

Is she goin back up now? Or are we in bull trap phase?

[Canadafag !tsGpSwX8mo No.1220423]

>>1219648
Space Janitor reporting in, 1500 additional shares purchased. Ready to go down with the ship!

OT EHT NOOM!

[Anonymous No.1220424]

>>1220293
We're in bull trap phase, lithium is flooding the market and Galaxy is going bankrupt. Sell now before it goes down to nothing in a year's time.

[Anonymous No.1220467]

>>1220424
>Galaxy is going bankrupt

Have you even read anything about the company you stupid faggot?

Tse decreased the debt from 200 million to 20 million. Eat shit with your disinfo.

[Anonymous No.1220471]

>>1220423
MY MAN!.. hold me.. im scared..

[Anonymous No.1220564]

>>1219865
>>1219742
Yeak its fucked sell now Im out several tens of k

[Anonymous No.1220570]

>>1220424
Fuck!!!!!!!! Lithium price crashed

[Anonymous No.1220619]

>>1220467
Woah calm down, it's a meme you dip

[Anonymous No.1220624]

>>1220570
Day traders pumping it- Chartist say dump it

[Anonymous No.1220627]

>>1220619
naah the Day traders are manipulating it up for another pump'n'dump meanwhile the chart worshipers a trying to fulfill their own prophecy

[Anonymous No.1220629]

>>1220619
>>1220570

Memes that are complete lie should be a ban level offense on /biz/.

[Anonymous No.1220642]

>mfw I'm down 850 dollars ..
>mfw I have no face since I blew it off with my shotgun

[Anonymous No.1220644]

>>1220629
The Chartist worshipers say its got to bounce off the bottom .30-.20 the daytraders shills NOW want it to go up to .40 so who is gonna win?

[Anonymous No.1220648]

>>1220642
put in a buy order for 1cent above you buy price. Or even half a cent above . too many ,manipulators in this stock

[Anonymous No.1220650]

I see OP called it with the shitty/speculative graphs.

[Anonymous No.1220653]

>>1220650
Yeah, I am dissapoint.

[Anonymous No.1220661]

>>1220648
I just want to profit a little.. I'm flying to michigan on sunday and would like to fly first class

Maybe i'll put in a buy when it opens tomorrow morning

[Anonymous No.1220665]

>>1220653
so why'd you post the bullshit graph?

[Anonymous No.1220667]

>>1220665
Because I don't think it makes any difference.

[Anonymous No.1220670]

>>1220665 read this
>>1220644 it is really how many followers of either of these groups that determines a share price

[Anonymous No.1220680]

>>1220665
Also OP is strangely absent! since it popped at .49

[Anonymous No.1220690]

>>1220680
So whats a good price to bail out for you all lets pick one .38 .39 .40 what I doubt we'll see more than that unles we all bid a sell order in at the highest price .495 ?

[Anonymous No.1220703]

>>1220690
SELL gxy AT THIS PRICE .405 .410 .420

[Anonymous No.1220704]

\
god fucking damnit IM SO FUCKING BAD AT THIS

I sold when it was at it's lowest on this recent dip because i thought it was going to keep fucking falling and NOW ITS RAISING I JUST HAD TO WAIT TWO MORE FUCKING DAYS AND I'D BE FINE FUCK

[Anonymous No.1220708]

>>1220704
did you break even?

[Anonymous No.1220711]

>>1220704
Stop basing your decisions on emotions. Most rallies that are not created from good news/ events are temporary pumps, by the time you hear about them and buy you're trying to ride the coattails and the dump is incoming. If you believe the company has fundamentals, wait for the dump and buy in

[Anonymous No.1220713]

>>1220704
no. I'm down 800 dollars

[Anonymous No.1220716]

>>1220708
>>1220713

[Anonymous No.1220720]

>>1220713
Put a sell order in for just a bit more than you bought a leave it if you want out.

[Anonymous No.1220722]

>>1220713
Chalk it up to a learning experience. Thankfully 800 isn't much.

You know what the biggest failures of traders are? It's that they're loss averse, and this causes them to buy too late and sell too soon.

[Anonymous No.1220725]

>>1220720
GXY climbing.. I already sold man. I need to rebuy if I want in.

>>1220722
Yeah.. I made plenty of mistakes during this process, but it's been fun overall and a great learning experience. I will continue to watch this company. Being 800 in the green would have been nice though.

[Anonymous No.1220733]

>>1220725
Naah >>1220644 this if the stock goes down today the CHARTIST worshippers will buy in 'cos the chart says so. if the daytraders pumpin it win and it stays where it is or more wait longer till the chartist wins .

[Anonymous No.1220744]

>>1220733
if the chartist win then it will dump to a new a low/..vYou think this is the bull trap the huh?

[Anonymous No.1220761]

>>1220744
They say it will go up. Apparently the chartist want it to bounce OFF t that low. But pumpin by day traders Fights that. that If you know what I mean?

[Anonymous No.1220764]

>>1220744
Don't take my advice word for word., Im probably in the same spot as you.

[Anonymous No.1220765]

>>1220761
Hmm not really.. it seems that you're saying that both chartists and day traders want it to go up so how are they fighting one another?

[Anonymous No.1220768]

>>1220704
If this is your first time trading, start small fellow /biz/ bro. Learn to hold for longer periods. Also don't worry about missing this or that train, opportunities will always come by.

[Anonymous No.1220774]

>>1220765
Yes but chartist want it to go down according to their faith in charts before they will be happy it goes up. Its like OCD.

[Anonymous No.1220776]

>>1220765
If it does go up, they might probably view it as wave 3 of the elliot wave pattern which is really great.

[Anonymous No.1220780]

>>1220765
Chartist won't buy in until the SP matches the charts regardless of all else. Thats just my take on it. no offence to chartists.

[Anonymous No.1220784]

>>1220774
>>1220776

Thank you both.. I might buy back in tomorrow then hope for a good weekend. Starting new job on monday so I hope I start with some extra dough..

[Anonymous No.1220787]

>>1220784
>-$800
>think i might buy back in at a higher price than what I originally sold at

>you

[Anonymous No.1220801]

>>1220784
I learnt that as soon as it goes(in penny stocks) up just sell don't worry about missing out especially with the amount of manipulation its hard to just look at the fundamentals etc

[Anonymous No.1220825]

>>1220787
If it continues down this path I only need 1 - 2 days in the positive then i'll be back to my original ammount plus some.

>>1220801

Okay.. Thank you. That's great advice that I wish I had followed because there was a point when I was up 1000 dollars

[Anonymous No.1220835]

>>1220787
Just a story.
I bought dbs stocks (SGX:BN4) at 13.89 in March. It then dropped to 13.02 ( my s/l was triggered at 13.30). At this point, most people would have sweared off that stock. But when it went up to 14.24 a few days later, I bought again, and the stock went on to a high of 16 dollars.
(I did have a reason though, because that fundamentally, the stock's NPV was undervalued at under 1, and for banks which have high liquidity, that is like getting a dollar for every 80-90 cents you put in.)
Anyway if anyone do want to buy back, do so in small amounts
t. Shareholder of GXY with 5k shares

[Anonymous No.1220848]

>>1220825
me too thats the learning curve .
>>1220835 ive read that the manipulators (hedge funds etc) purposely trigger stop losses in order to do just that.

[Anonymous No.1220857]

>>1220835
>>1220848

I mean.. GXY used to be valued at over 2 dollars so I don't see why it wouldn't shoot up to that eventually

Have any ideas as to why it wouldn't?

[Anonymous No.1220872]

do you pay tax on gains you make only when you withdraw the money from your account?
>buy gxy at .10 and sell at .40
>take money from selling and buy some other companies shares
would you pay tax in this scenario?

[Anonymous No.1220873]

>>1220857
People who have an interest in pushing it down to buy in regardless of fundamentals. Options traders hedge funds etc

[Anonymous No.1220876]

>>1220872
Its is subject to capital gains tax in Oz. keep all records of buy and sell your trading platform shuld have this. I am still to lean more about this.

[Anonymous No.1220879]

>>1220872
Commsec apparently has a thing that you download and put into etax.
Haven't found it yet.

[Anonymous No.1220882]

>>1220872
If you add the amounts spent then minus from the sell amounts (if there is a profit) this is the taxable portion

[Anonymous No.1220889]

>>1220835
Oops I meant SGX:D05, BN4 is Keppel Corp

[Anonymous No.1220890]

>>1220882
So every trade that profits is taxable regardless of how big or small it is.
So if I turn 100 bucks into 1000 from a pump/dump, I cant invest that entire 1000 into something else?

[Anonymous No.1220901]

>>1220890
You can, the money that you get from selling stuff isnt automatically taxed.
You declare what you made/lost at tax time.

[Anonymous No.1220906]

>>1220890
No, you can put all of it into another trade but come tax time it will show up as a profit. You don't pay the tax as you go only at the end of the financial year is my understanding.

[Anonymous No.1220912]

>>1220890
Likewise if you take that 1000 bucks put it into a stock that loses then sell it that is a loss offsetting the first gain. it all comes out when you tally it all up at the end of June.

[Anonymous No.1220919]

>>1220901
Canadian btw
Right now I cant trade OTCs with my current brokerage so thats why I was wondering if I opened a cash trading account for OTCs

Currently I just have a TFSA trading account and I dont have to pay tax on any gains that I make with my trades

[Anonymous No.1220934]

i feel like i'm just getting played by the big money guys.. this is probably normal though for small fries..

[Anonymous No.1220935]

>>1220857
I wish people would stop saying dumb shit like this. Let me explain why it will never hit $2 a share.

GXY hit $2 per share in September 2009. At that time, they had 76 million shares on issue, giving them a market cap of $152M.

Since then, nearly 7 years have passed, the management and structure of the company have completely changed, and GXY has been issuing lots and lots of shares. So already, you really can't compare then and now.

But, today GXY has 1.3 BILLION shares outstanding, and is currently trading at about $.385 per share.

This gives GXY a market capitalization of $450M.

Today, GXY is three times more valuable than it was in 2009.

If GXY shares were to hit $2 again (assuming no change in equity structure), this would imply a market cap of ~$2.2 billion. This would rank GXY as the 20th largest mining company on the ASX, and be comparable to companies like Northern Star Resources and Oz minerals.

Stop saying it's going to go up to $2. It's really, really not going to.

[Anonymous No.1220936]

and here comes the 800K shares to sell at .40

....

[Anonymous No.1220942]

>>1220936
Source

>>1220935
Thank you for your wisdom. I'm just such a fucking noob that a lot of this is beyond me. Thanks man

[Anonymous No.1220950]

>>1220942
Dont really know if will have an effect

[Anonymous No.1220952]

And now you have the Day traders trying to manipulate the SP The Chartists trying to make it fit to the charts and the technical junkies talking it down becasue the figures don't add up put all those together no wonder its stagnating.

[Anonymous No.1220959]

>>1220952
>he SP

sorry m8 what does SP stand for?

[Anonymous No.1220969]

>>1220959
you're welcome pal.

now stop investing in shit you don't understand just because 4chan told you to.

[Anonymous No.1220972]

>>1220959
SHARE PRICE.

[Anonymous No.1220991]

>>1220969
Meh.. it was a good learning experience. If I was more experienced in this whole matter I could have profitted! oh well.. hindsight..

anyhow cheers

>>1220972
doh

[Anonymous No.1221056]

2 MILLION PLUS SELLING GXY FOR NO LESS THAN .40

[Anonymous No.1221057]

>>1221056
LIFT YO GAME MARKET MAKERS

[Anonymous No.1221068]

>>1221057
ITS FRIDAY, ITS THE END OF THE MONTH... BEER O'CLOCK SOON.

[Anonymous No.1221096]

>>1221068
NOTHING MOVES TILL WE HIT .395

[Anonymous No.1221112]

"China and Russia Team Up to Launch the World’s Largest Lithium Ion Battery Plant" http://inhabitat.com/china-and-russia-team-up-to-launch-the-worlds-largest-lithium-ion-battery-plant/

[Anonymous No.1221122]

>>1221096
Already hit.40 today and 10:30am

[Anonymous No.1221131]

>>1221122
yes that needs to happen again to break the stalemate.
also Little chance of interest rate cut in Australia. "Avast majority of economists still expect rates to be held steady at a record low of 2.0 percent" http://hotcopper.com.au/resources/australia-nz-dlrs-firm-vs-usd-but-slip-vs-speedy-yen.6909/#.VyLauDEmG9I

[Anonymous No.1221138]

>>1221131
Gold bugs clinging to gold in the event of a rate cut

[Anonymous No.1221165]

>>1221131
those interest rates cant last forever, Canada housing market is going to collapse soon too I feel.

[czechfag !746BIcLOlg No.1221359]

back in game, the galactic casino is now open

[czechfag !746BIcLOlg No.1221362]

>>1221359
> Some Czech guy is allegedly making a website
> yes im 2 % away from daylait.com guys

[Anonymous No.1221398]

>>1220935
So by your estimation then what is the absolute peak that it can hit?

[Realanon No.1221414]

Been in /biz for about a.month now.... Wtf is daylait, a trading site? Seriously, a place where the serious investors can talk? Wtf is it

[Anonymous No.1221421]

>>1221398
Absolute peak? No one knows that.

But on GXY's website there's a bunch of research reports. The most recent one from April 18 gives a price target of $.50, which would give GXY a market cap of about $600m.

Read the report yourself, and you'll see that it's very conservative with its estimates (and rightly so). They are conservative with estimates because a multitude of things could go wrong at any given time.

It's possible that everything goes better than forecast, and in 2017 GXY announces a $40M profit (at $.5 per share, this would give a P/E of ~10) and an accompanying share buyback. A few years of excellent year on year growth and aggressive share buybacks, and you just might see a $2 share price.

It's also possible that all these new entrants into the market could drive down the price of lithium, or the high price of lithium results in the development of alternative technologies, or it could be as simple as GXY being screwed over by their customers, and even with a running mine things just aren't that great or profitable at all, and the share price just stagnates forever.

[Anonymous No.1221489]

>>1221414
no not trading, I will summarize everything about gxy/biz, look up for news, curate all the info + there will be articles/discussion about possibly other related stocks

[Anonymous No.1221500]

>>1221414
All the info you need is right here lad!

[Anonymous No.1221502]

>>1221421
Not if you buy GXY shill hard then everyone Buys GXY shills hard etc instead of buying then complaining about some shit!~! thats just fucked!

[Anonymous No.1221513]

GXY is a BUY
>The charts have spoken

[Anonymous No.1221578]

Slew of reports just posted on asx including annual report. Get reading and find that $18M!!!

[Anonymous No.1221591]

>>1221578
No 18M. Recycled shit and voting shit.

[Anonymous No.1221627]

>>1221591
I don't think anyone is too worried .385 today.

[Anonymous No.1221766]

Money is coming back boys! Waiting for that gradual increase for the big ones.

[Anonymous No.1221773]

>>1221766
Some healthy profit taking. Company isn't a paper trade. They're a real mine with actually product to sell

[Anonymous No.1221782]

>>1221766
>>1221627
>>1221591
Broke the .30 on USA side. Now we need to break .40 on AUS

[Anonymous No.1222011]

>>1221766
>Waiting for that gradual increase for the big ones.

What do you mean by this?

The sell offs at the 40 AUS?

[Anonymous No.1222026]

>>1222011
Holding for the long run when they actually start selling shit from the mine.

[Anonymous No.1222074]

>>1222026
>>1222011
Whole market is burning and GALXF is my only green stock today

[Anonymous No.1222190]

>>1222026
>>1222074

Just wait until they confirm shipment in July/August following receipt of the first part of the contracted funds.

[Anonymous No.1222313]

>>1222190
think there will be a steady rise until then or a relative stagnation around where we are now?

[Anonymous No.1222336]

>>1222313
A up/down slow climb most likely now that the "hype" phase is over with.

As GXY's production ramps up, so will the share price.

[Anonymous No.1222424]

>>1221513
Why are Australian websites so tacky looking?

[Anonymous No.1222529]

Is today a public holiday in Australia? It's Friday, I thought markets were open.

[Anonymous No.1222531]

>>1222313
Hard to say. Any rise without information is going to based on aspects that don't involve the company itself. (1) Speculation; (2) Professionals buying/dumping according to plans not associated with the company; or (3) Lithium market conditions. (China having an economic crisis would also be dubious.)

[Anonymous No.1222546]

>>1222529
Today is Saturday
Monday is a public holiday though

[Anonymous No.1222631]

>>1222546
QLD fag detected

[Anonymous No.1222632]

>>1222546
ASX is open on monday btw

[Anonymous No.1222660]

>>1222529

Time zone difference bruh

[Anonymous No.1223056]

Interest rates: what will RBA do on tuesday?
>up
>down
>nothing.

[Anonymous No.1223061]

>>1223056
Also BUDGET release on monday. wait for the whining to begin 'muh welfare' muh handouts'

[Anonymous No.1223110]

You dumping soon?

[Anonymous No.1223248]

This is my own amateur technical analysis of GXY. Hopefully it can help anons with managing their positions, entries and stop losses.

1. Stock enters an uptrend in a price consolidation phase on Feb 8. Support and resistance are clearly defined.
2. Stock breaks out from resistance in a price expansion phase early April. Note the hammer and bullish engulfing candlesticks which support the breakout at the resistance level.
3. Price expansion is further confirmed by a bull flag pattern, and then a marubozu.
4. Now this is interesting. Indecision start to appear in the form of a shooting star and a doji on April 18-19
5. Price hits the 0.5 resistance level and comes tumbling down.

What's next?
I would say that trend lines 1 and 2 would be the support for the stock.
Scenario 1. Stock starts to consolidate on support line 2. (Supported by the ADX indicator)
Scenario 2. Bearish signals near resistance line 2 -> Price falls to the Fibonacci support of 0.31 or 0.26
Scenario 3. Stock breaks out of the 0.5 price - > Rocket lands on the moon

*Note that this is for the short term trend.
**Ren-chon a cute

[Anonymous No.1223850]

BUMP-A-ROO

[Anonymous No.1223968]

>>1223248
>the Fibonacci support
What do you mean by this?

[Anonymous No.1224196]

>>1223968
The Fibonacci ratio is a ratio that expresses growth (or decay) in nature and is used in TA to interpret market behavior.
"Fibonacci Retracements are ratios used to identify potential reversal levels. These ratios are found in the Fibonacci sequence. The most popular Fibonacci Retracements are 61.8% and 38.2%. Note that 38.2% is often rounded to 38% and 61.8 is rounded to 62%. After an advance, chartists apply Fibonacci ratios to define retracement levels and forecast the extent of a correction or pullback. Fibonacci Retracements can also be applied after a decline to forecast the length of a counter trend bounce. These retracements can be combined with other indicators and price patterns to create an overall strategy. "

If you want to know more, please google, or read one of the hundred books written on the subject.

Anyway what I meant is that for now, FRL1 (in my image) is acting as the support for the price. Support as in a level which pushes up the price back up.
However if the price were to drop, it would be ("caught" at FRL2, or FRL3).

[Anonymous No.1224392]

>>1224196
what are we actually measuring here?

[Anonymous No.1224395]

>>1223968
it means he's a fucking dipshit. chart reading means nothing unless you are trading thousands of tickers a day trying to make money off a 52% 48% anomaly. it doesn't work on a chart by chart basis. you have to include hundreds/thousands of tickers to make money with this strat.

he won't tell you that though.

[Anonymous No.1224397]

>>1224196
More to the point what does tell the chartists to do monday?

[Anonymous No.1224414]

>>1224397
what does tell that talk. are you ESL or drunk?

[Anonymous No.1224443]

>>1224392
We are measuring support and resistance.

>>1224397
>>1224395
It seems like most of /biz/ treat technical analysis as some sort of magic mumbo jumbo which is why there is such a bad rep for TA. Hopefully I can provide my own logical take on the subject.

Understand that I am using technical analysis here to predict crowd behavior.
First of all, the market's major participants (institutions, banks, day traders) use 2 main systems to decide their positions on a stock - fundamental analysis and technical analysis. Goldman Sachs, JPMC, all the major banks etc have teams of technical analysts. Day traders and investors will also use various TA indicators as part of their trading "system".

Now one of the most popular TA indicators is the Fibonacci grid, whereby traders watch for price to pullback to a retracement level before the price bounces off. What happens when the price falls to the popular support level, is that the major participants will start to buy the shares, hence stopping the price from falling. Thus creating a self-fulfilling prophecy.

Consequently, they would place stop losses under said level. If the stop loss prices were hit, then this creates a sell off effect which brings the price to the next level. Creating yet another self-fulfilling prophecy.

Notice I didn't tell anyone to buy the share. All I am giving is a hopefully good level to enter long or short. And to put your stop losses accordingly if you are already in a position.

Also I think I have devoted an excessive amount of time trying to explain stuff here.

[Anonymous No.1224449]

>>1224414 Your a chartist ,what are you doing monday still buying Galaxy.
'self fulfilling prohecy'>>1224443
is the key word

[Anonymous No.1224453]

>>1224443
I never said any of that. I only said TA is useless on a chart by chart basis. When you use TA on a scale of hundreds/thousands you can gain an advantage of a few percent which is more than enough to make an much money as you want. When it comes to individual charts its nothing more than a coinflip. Prove me wrong. Plenty of books have been written proving TA works but not a single book has been written saying you can predict where a single stock is going to go based on TA. Go ahead and prove me wrong.

[Anonymous No.1224625]

Electric vehicles http://www.greencarreports.com/news/1103675_electric-car-battery-costs-germans-vs-tesla-more-cheating-probes-the-week-in-reverse

[Anonymous No.1224636]

Remember:

[Anonymous No.1224640]

>>1224636
So BUY low... Sell HIGH...then its a BUY for tomorrow yeehaaaa

[Anonymous No.1224692]

>>1224640
Long term, GXY is always a buy

[Anonymous No.1225227]

>>1224692
>>1224640
>>1224636
>>1224625
Markets open in 3 hours lads

[Anonymous No.1225485]

>>1225227
Buy low sweet chariot!

[Anonymous No.1225496]

>>1225485
Any AUS BROS with live prices?

[Anonymous No.1225518]

>>1225496
.385c Markets open in 5mins lad

[Anonymous No.1225519]

>>1225496
Better yet, any Aussies in Perth able to fake being a janitor or pizza delivery guy that can get into their offices and plant bugs or see if there is $18M laying around?

[Anonymous No.1225542]

Opening didn't do much.
Cleared the volume, no change in price

[Anonymous No.1225557]

MFW LIT ETF is making a killing off this

http://www.globalxfunds.com/content/files/commodities-annual-31oct15.pdf

>6.67m shares
>366k Market value
>oct 2015

fast foward today

>market value
>2.8mil

[Anonymous No.1225577]

For those concerned about PUMP'n'DUMPS look to XTV as a reference.

[Anonymous No.1225582]

>>1225577
What was the purpose of the trading halt?

[Anonymous No.1225588]

So now its a long hold until june/august right, I dont see this going up soon

[Anonymous No.1225589]

Ha! -1,30% the lithium price is falling....

[Anonymous No.1225591]

>>1225582
sandbagging probably. If you read http://www.forbes.com/forbes/2010/0426/investing-pink-sheets-fraud-stock-scam-madoff-spot-pump-dump.html then compare XTV with some lithium stocks see if you can spot a difference.

[Anonymous No.1225595]

>>1225589
where are you reading that?

[Anonymous No.1225601]

https://www.google.com/finance?q=ASX%3AGXY&ed=us&ei=NaQmV_m9CJDesgGzj7K4Dw

[Anonymous No.1225606]

>>1225601
I mean where did you see actual lithium prices going down

[Anonymous No.1225611]

>>1225606 http://finance.yahoo.com/echarts?s=LIT+Interactive#%7B%22range%22:%225d%22,%22allowChartStacking%22:true%7D price dropped below 23 again recently.

[Anonymous No.1225620]

>tfw I bought at peak
Now I am stuck

[Anonymous No.1225622]

>>1225611
Ok thanks.

[Anonymous No.1225626]

>>1225620
Me too. The global big picture items are taking over I think, i.e gold, oil, interest rates, fear of recessions etc

[Anonymous No.1225635]

Just note XTV if you want to feel better about your pick

[Anonymous No.1225638]

0,4 is a major resistance anyway.

[Anonymous No.1225639]

http://www.globalxfunds.com/funds/lit/

LIT is not the lithium price. It is a fund of stocks generally in the lithium industry, including FMC, Tesla, Samsung, Galaxy, et al.

There is not a regulated futures market for lithium. You may be able to use LIT as a very general idea for the overall health of the market, but to say that it is the price of lithium is incorrect.

[Anonymous No.1225646]

>>1225639
>>1225638
>>1225635
>>1225620
Well at least we have good Financials and the PR being done is lining up with concrete evidence. Best sell before June just in case they don't deliver.

[Anonymous No.1225648]

>>1225639
Yes. just on that topic whats a good site to see resources, comodities industrial metals futures etc. I found rare earth prices but the dates of last trades were last year! do they only set them a few times a year or what?

[Anonymous No.1225663]

>>1225620
>>1225626
I was also going to buy the peak,,
but then I decided to buy FING-B (STO) instead.
it's now 480 ''whatever the swedish currency is'' and the new target is 600

[Anonymous No.1225668]

>>1225663

>using cuckbucks to invest
inb4 cucked

[Anonymous No.1225679]

>>1225663
Ther just movement on the Macro economy from the LARGE INVESTORS, Bank of Japan threw em a curveball last week, by not continuing stimulus when they said they would it fucked up a few banksters hahaha

[Anonymous No.1225681]

>>1225648
They make you pay for updated prices because recyclers use them to price in the current weights

[Anonymous No.1225693]

>>1225648
To the best of my knowledge, it's mostly private deals, and the price can vary widely for large/small orders (possibly up to 40%).

If you listen to the investor presentation, Tse refers to "the last major auction". However, I have not seen any actual records for auctions on any searches.

There are a few sites claiming spot prices, but I doubt it is anything official.
For instance http://www.asianmetal.com/LithiumPrice/Lithium.html (I have never heard of this and would take any information with a grain of salt).

For regulated metals, I use Yahoo finance.

[Anonymous No.1225839]

>buying meme stocks from the land down under

[Anonymous No.1225852]

>>1225839
1 dollar by end of the year

[Anonymous No.1225945]

This company seems pretty healthy. They even have a cool logo. Throw in a hat and I might buy some.

[Anonymous No.1225975]

ALL I WANT FOR CHRISSY IS ONE DOLLAR

CHISTMAS IN JULY

[Anonymous No.1225988]

>>1225852
>>1225975
I think it MIGHT be possible.

[Anonymous No.1226010]

We fear and capitulation now.

[Anonymous No.1226157]

>>1226010
Oh yes this chart again!!

[Anonymous No.1226159]

>>1226010
The best course is to dump it and start again!

[Anonymous No.1226364]

>>1226157
I updated the chart for you familia.

[Anonymous No.1226558]

Patiently waiting for news and recovery. Long term gains await.

[Anonymous No.1226594]

>>1226558
>>1226364
>>1226159
TODAY IS THE BUY DAY SCREENCAP THIS

[Anonymous No.1227363]

>>1226594
Your reasoning for this assumption??

[Anonymous No.1227453]

>>1227363
Look at the price m8

[Anonymous No.1227481]

etrade down... well thats just fekin' GREAT!!!

[Anonymous No.1227485]

>>1227481
Etrade back up ...!!

[Anonymous No.1227541]

Beer.

[Anonymous No.1227714]

Sheeit. Its rising

[Anonymous No.1227889]

How's the MEME going, lads?

[Anonymous No.1228204]

>>1227889
It's a wild ride!

Getting ready for the BIG FEAR DROP before the next BIG CLIMB when they make delivery.

[czechfag !746BIcLOlg No.1228241]

hold the mighty Sttoooormwiiinndd

[Anonymous No.1229048]

why is it crashing for no reason?

im an idiot for buying at .41 and now its .28

[Anonymous No.1229057]

>>1229048
Whole market shit the bed

[Anonymous No.1229059]

>>1229048
Sell in May and Go away

[Anonymous No.1229065]

>>1229059
Reason being?

[Anonymous No.1229125]

>>1229065
People buy in late Jan when stocks were cheap, allow them to grow during the late winter/early spring months and cash out.

[Anonymous No.1229363]

I have not seen any mention here. There is a new research report out on Galaxy's website http://galaxylithium.businesscatalyst.com/Investor/reports/Strachan-GXY29April2016.pdf..

Their target is .64 (above the Canaccord .50).

[Anonymous No.1229393]

>>1229363
There we go lads, things are still looking up. Just have to wait for all these short holders to get out.

I got in at 0.25, missed the peak, so now I'm in it for the long haul climb back to "normalcy / next hype".

[Anonymous No.1229610]

Today we go above .40

[Anonymous No.1229707]

>>1229610
noice

[Anonymous No.1229731]

>>1229610
everyone was worried about the 18million prepayment. hahahaha suckers

[Anonymous No.1229812]

>>1229393
I feel like this as well.
Everyone was trying to sell at .40 and now pushing it to .405 lol
If it was a propper dump then it would have fallen way lower instead of it rallying all the time

[Anonymous No.1229860]

>>1229812
happy I bought in at 0.365
I'm in it for the long haul though fellas, see you when we 0.50

[Anonymous No.1230065]

>>1229860
>>1229812
yup, in the mean time I'll stare at other shares.. How bad do you all think WTI is going to spike tomorrow with the Alberta Oil Sands up in flames?

[Anonymous No.1230155]

>>1219648
galaxy at .385 today
only a few lithium stocks broke even today

[Anonymous No.1230305]

A quiet day in US on this so far.

>>1229363
Read the report, which doesn't appear to be really disclosed too well for investors - thanks for finding that.

Report insinuates $18M received in first part and then last page disclaimer reveals they spoke with management.

Later in the report it becomes ambiguous as to the $18M and it actually indicates the shipping date is now into the September quarter - which is later than GXY's prior goal of July/August.

Remainder of report has some interesting facts but is, for the most part, horseshit speculation with poor references to supporting facts/evidence.

Overall, this report means very little.

Going to be a waiting game for next few weeks unless GXY does a smart press release on funds/ore shipping.

[Anonymous No.1230320]

>>1230155
How does a share find it's way onto the meme magic list?

[Anonymous No.1230493]

>>1230305
No problem. I didn't notice the delivery date shift. That was a good catch.

Even if it is a boutique firm, more analysts covering is always a good thing, and I do like that they showed their work on Cattlin at the end of the report. Their methodology, in my opinion, is the best way to get an an accurate valuation of the company.

Yes, there are a lot of assumptions, but there always are in projections. This is especially true in Galaxy's case due to where they are in the phase of production.

From my point of view, I think they're fairly conservative. I expect they will update after the revised feasibility study for Sal de Vida due later in May/June.

[Anonymous No.1230576]

>>1230493

SDV is going to be interesting. DESU, I was rather excited in the report where they insinuated corporate interest in GXY may increase. I won't argue with a nice buyout! :)

Buyout isn't unrealistic either. All the others, (except major producers), are pre-production junior companies. Big producer gets a nice purchase with GXY since it is already producing and has an apparent established network of buyers.

[Anonymous No.1230593]

>>1230576
Exactly. I'm playing this primarily as a buyout option. GXY has a threat of being a 4th major player in the market. I'm expecting that one of the big 3 will find it easier to buy than deal with more competition.

My bet would be FMC primarily due to the location of SDV.

[Anonymous No.1230610]

SAL DE VIDA
A
L

D
E

V
I
D
A

[Anonymous No.1230684]

>>1230593
The saddest part about your post is it made me recognize that I now have to print out and read all of FMC's and other major's annuals, etc., to see what may be there.

I can already feel my eyes bleeding . . .

[Anonymous No.1230698]

>>1230684
I would save your time going into too much work (I already have).

FMC is quite large. Lithium directly contributes about 7.5% of their revenues, although I assume potash is counted in their agricultural division. Agricultural chemicals are their primary revenue source. So all in, I would put lithium as 9-10%. I might be good to read their quarterly press releases, but that's about it.

I'm basing FMC as the most likely buyout candidate based mostly on geography. SDV is on their salar, so I would see them as having the best synergy for utilities, transport, etc.