Galileo Resources Share Discussion Threads

[jacobengel] 01/9/2016 17:02

Strong finish after such a quiet start. GLR is so undervalued it's madness.I see a 30% day looming and pushing towards the 2p figure - is this going to be tomorrow I wonder?

[gkp heros] 31/8/2016 20:52

https://uk.video.search.yahoo.com/video/play;_ylt=A2KLqIjzNMdXjn4AlOD03olQ;_ylu=X3oDMTByZWc0dGJtBHNlYwNzcgRzbGsDdmlkBHZ0aWQDBGdwb3MDMQ--?p=colin.bird+video+concordia&vid=78d2e5514372c3a35bbd1aa3d0575e4b&turl=https%3A%2F%2Ftse2.mm.bing.net%2Fth%3Fid%3DOVP.V24e4a5908184d40c5f9e66a0c388aa59%26pid%3D15.1%26h%3D225%26w%3D300%26c%3D7%26rs%3D1&rurl=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DVygR58cO_0M&tit=Galilieo+chief+out+to+find+%E2%80%9Ctomorrow%E2%80%99s+copper%E2%80%9D&c=0&h=225&w=300&l=700&sigr=11bddj7vl&sigt=11kv8g0vj&sigi=132mekl2q&age=1465823018&fr2=p%3As%2Cv%3Av&fr=iphone&tt=b

[turbotrader2] 31/8/2016 19:53

Colin is very bullish so sit tight

[gkp heros] 31/8/2016 16:25

Jacob,Lots of news to come these will be 2p in the blink of a eye!!!

[jacobengel] 31/8/2016 16:10

I still don't believe people have grasped the strength behind yesterday's announcement. Fer-Min-Ore have agreed to work jointly with Galileo and considering they were going to stump up $4m I'm guessing details of the JV will be shortly announced as clearly the parties will want to tie their committed work together.Coupled with the sale announced two days ago, GLR are in a strong financial position and even more so as they'll be working on a JV for Glenover!!! -- Galileo and Fer-Min-Ore mutually agreed to terminate the option agreement which expired on 28 August 2016-- Galileo and Fer-Min-Ore agree to jointly work and cooperate on alternatives currently being evaluated by Glenover Phosphate (Pty) Ltd

[jacobengel] 31/8/2016 14:20

TurboGood volume on ISDX and some chunkier buys going through.

[turbotrader2] 31/8/2016 14:06

Re released RNS

[gkp heros] 31/8/2016 08:16

It's on the move again Turbo!!!

[turbotrader2] 31/8/2016 07:59

Hope the buying continues today

[jacobengel] 30/8/2016 14:37

Says it all really! "At least two strategic opportunities" and "considerable scope for value enhancement". The conclusion was that at least two specific strategic opportunities exist and there is considerable scope for value enhancement

[sigora] 30/8/2016 14:18

volumes building some chunky buys going through

[gkp heros] 30/8/2016 14:11

Just lookAt the volume on this today!!!This reminds me of JLP when it was 1p now it's closer to 4p

[sigora] 30/8/2016 12:40

atleast this is cash rich another one for back drawer lol

[ryan83] 30/8/2016 12:39

hopefully Glenover sale comes through then lol

[sigora] 30/8/2016 12:35

am good mate hope your well yes was expecting lot more on here today

[sigora] 30/8/2016 11:36

hello ryan mate good to see you here

[goodbloke1] 30/8/2016 11:33

Jacob.Excuse my ignorance .Why on earth are these effectively selling at a big discount to cash when the deal goes through? May not go through but surely an excellent entry and the upside huge if completed

[gkp heros] 30/8/2016 11:25

These should be 2p for starters

[jacobengel] 30/8/2016 11:08

Ryan.This maybe the case but bottom line it has a value to a potential new vendor of $4m which the market hasn't valued within its current share price. I expect this to change!

[ryan83] 30/8/2016 10:55

can only imagine that the market is thinking glenover sale is pushed back again.......

[jacobengel] 30/8/2016 10:52

GoodblokeIf you read the RNS of the 28th Feb you'll see the additional sale of Glenover for $4m was moved to the 28th August for completion!When you consider the cash received today, GLR's other assets and the likely timely completion of Glenover Galileos market cap is ridiculously cheap.

[goodbloke1] 30/8/2016 10:45

GKP are they in discussions to the sale ?