Galileo Resources Share Discussion Threads

[gkp heros] 11/10/2016 21:26

DYOR and patience is key here!!!

[gunner_coetzer] 11/10/2016 20:48

I would suggest that there is slight difference between not making a profit and making a £104,000,000 LOSS.

[gunner_coetzer] 11/10/2016 20:36

Here is Colin Bird's history of running companies
(all figures taken from the RNS in the advfn news section).

2010 JLP LOSS £ 2,228,000
2011 JLP LOSS £ 6,250,000
2012 JLP LOSS £13,627,000
2013 JLP LOSS £15,763,000
2014 JLP LOSS £12,440,000
2015 JLP LOSS £ 7,942,000
2016 JLP LOSS £ 4,028,000 (half year)

2012 GLR LOSS £ 1,830,000
2013 GLR LOSS £ 4,036,000
2014 GLR LOSS £ 6,495,000
2015 GLR LOSS £ 7,518,000
2016 GLR LOSS £ 0,784,000

2013 XTR LOSS £ 7,856,000
2014 XTR Profit £ 0,804,000
2015 XTR LOSS £ 3,779,000
2016 XTR LOSS £ 4,575,000
2017 XTR LOSS £ 5,244,000 (half year)

Total cumulative losses for Colin Bird for all companies in the period = £104,000,000

(this does not include Colin Bird's losses at Tiger Resources that are more difficult to quantify).

[turbotrader2] 11/10/2016 18:55

Whatever we think the market cap is nuts

[regandharry5] 11/10/2016 17:48

I think if I remember correctly that we were told we would have news by October at the latest.

[cyberbub] 11/10/2016 15:49

I would think there must be some news due soon, on either commencement of the IP survey at Concordia, or possibly something exciting on the phosphate JV?

[gkp heros] 11/10/2016 15:31

Not ramping or shouting i just can see where the market is taking this

[gkp heros] 11/10/2016 15:31

Not ramping or shouting i just can see where the market is taking this

[cyberbub] 11/10/2016 15:19

No need for shouting/ramping, GKP. Let the company's assets do their own talking :-)

[gkp heros] 11/10/2016 15:16

MM'S HAVE NO STOCK THIS IS GOING TO FLY!!!

[dmitribollokov] 11/10/2016 07:25

Even at 5p the mkt cap is sub £10m, which is still crazy given the assets here imo.

[gkp heros] 11/10/2016 07:02

100% short term buy on Bar-chart 89% overall buy!!!Barchart is the ultimate indicator imho

[regandharry5] 11/10/2016 02:16

Mkt cap still under 3 mill,loads of potential for upside.

[gkp heros] 10/10/2016 14:31

Seems like the MM's have no shares hence why this moved so quickly on no volume

[turbotrader2] 10/10/2016 14:21

Here we goHold on!

[turbotrader2] 10/10/2016 14:04

Need this to close at a high today

[gkp heros] 10/10/2016 13:59

Colin has plenty of fire left in his belly!!!

[turbotrader2] 10/10/2016 13:56

Colin did it before and will do it againHe's no spring chicken- this will fund his retirement which is shy short term this will happen IMHO

[cyberbub] 10/10/2016 13:40

Well if people think that Colin will sell out before development, and we were to assume say 300M shares at that point and a sale value of say £60M based on a much-increased/solidified resource, then that could be 20p share price.All speculation at this point of course, but £3M market cap at the moment seems far too low.BAI

[nick rubens] 10/10/2016 11:45

Interesting shareholder accumulated late last year?

Anyone know more about this? Stuart J Packwood * now owning 18.51% as
at 1st Sept 2016

Is he part of a corporate investment?



09 Nov 2015
Holding(s) in Company
Source: RNS
RNS Number : 0515F
Galileo Resources PLC
09 November 2015




9 November 2015

Galileo Resources Plc

("Galileo" or the "Company")

Holding in Company



Galileo (AIM:GLR), the exploration and development mining company, announces that it has today been informed of the following notifiable interest in the Company.



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi







1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii


Galileo Resources plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights


Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached



An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments



An event changing the breakdown of voting rights



Other (please specify):






3. Full name of person(s) subject to the
notification obligation: iii


Stuart James Packwood

4. Full name of shareholder(s)
(if different from 3.):iv



5. Date of the transaction and date on
which the threshold is crossed or
reached: v


28 August 2015

6. Date on which issuer notified:


9 November 2015

7. Threshold(s) that is/are crossed or
reached: vi, vii


3%,4%,5%,6%,7%,8%,9%,10%,11%,12%,13%,14%,15%,16%