Galaxy Resources: An Excellent Way To Invest Into The Lithium Miners

A recent article by Seeking Alpha highlighted Galaxy Resources Limited (ASX:GXY) and their primary assets include the Mt Cattlin spodumene project in Western Australia, the Sal de Vida lithium brine project in Argentina and the James Bay spodumene exploration project in Quebec, Canada.
As quoted in the article:

Summary

• Sal de Vida is a very large, world class, low cost, lithium brine asset owned 100% by Galaxy.
• Valuation metrics are all very positive suggesting further upside is warranted despite stellar recent gains.
• The Sal de Vida updated DFS in July provides a strong short-term catalyst for the stock to be re-rated upwards.

Currently they have 3 lithium projects (100% owned) – Mt Cattlin Australia (spodumene producer), James Bay Canada (spodumene resource, DFS pending – late 2016), and Sal de Vida Argentina (brine resource, DFS update pending – July 2016).

In a resource estimate issued in March 2011, Mt Cattlin’s total contained lithium oxide (Li2O) resource was 197,000 tonnes, the measured and indicated resource was 13.8 million tonnes and total resource ore tonnes were 18.18 million. Tantallum is also produced. The current life potential of the Mt Cattlin mine is 18 years, including inferred resources.

In May 2016, Galaxy did a friendly off market takeover of General Mining offering GMM shareholders 1.65 Galaxy shares for each GMM share. The market viewed this favourably, I assume, as Galaxy will now have 100% share of future earnings, despite some equity dilution.