dirtwolf...one of the reasons is Galaxy has one of the largest spodumene deposits in Australia and have just inked an off take deal with Mitsubishi. All the market here is really doing is keeping up with the pricing on the ASX....since that is where it primarily trades. For example yesterday the ASX traded about 9.5 million shares in Galaxy and today the OTC traded closer to 500,000. If you want to watch 'tomorrows' market for Galaxy in the US....Google Galaxy Resources and follow the 'google financial' link it will give you current trading in Australia (delay of 20 min.). I live in California so I tune into the ASX when it opens around 4:30 pm (PDT)
If your interested how this went from .02 to .35 the past 6 months read some of my earlier posts :)