Galaxy Resources Ltd. (fka GALXF)

[tikotiko]

I have both companies. They are by far my largest holdings in lithium, even though I have started diversifying in a few other junior producers. I have tripled my money with Altura and doubled it with Galaxy in about 1 year. In my opinion, Galaxy is the lithium company that is most solid and that has most long term potential. It has no debt, has both mines and brine, is present in 3 continents, has nice contracts, owns part of Lepidico (LPD) and has a great team. I will not be surprised if it becomes the top 3 or top 5 producer in the world. Altura is also great, since it’s team is also excellent, is about to produce and plans to double production in the near future. Both companies’ SPs will go through occasional retracement as we are seeing today, but the future is very bright. I plan to go long with both with minor profit taking here and there.
Good luck to all Galaxians and Alturians!