Galileo Resources Share Discussion Threads

[dmitribollokov] 02/2/2017 15:09

Better lucky than good ;-)

[regandharry5] 02/2/2017 15:03

Post 612....Looks like you called it about right.

[dmitribollokov] 31/1/2017 16:39

Ah well at least we closed above 2.6p

[dmitribollokov] 31/1/2017 15:32

Amazing volume today. Ballsy stuff from mkt makers...

[dmitribollokov] 31/1/2017 14:59

Massively undervalued, no supply and word starting to get round

[regandharry5] 31/1/2017 14:43

Why the rise?

[gkp heros] 31/1/2017 10:26

Up up and away

[dmitribollokov] 31/1/2017 08:47

C'mon have a crack at 3p. Wouldnt want to be making mkts on this one. So little free float; if they short an offer, who is going to sell for them to cover!

[gkp heros] 30/1/2017 08:44

Breakout is on!!

[gkp heros] 30/1/2017 08:19

Slowly does it!!

[gkp heros] 29/1/2017 19:08

Going to be a interesting few weeks, I really do believe we are in early stages of a big re-rate IMHO

[dmitribollokov] 29/1/2017 17:27

That would all work well for me ;-)

Needs to break up next week or that's an ugly triple top...

[gkp heros] 28/1/2017 15:21

GLR has the option to increase its ownership of Concordia from 51% to ~75% with the issuance of 30 million shares to Shirley Hayes it is that owns the other half. This is the maximum allowed for a foreign company in South Africa. The net result is that GLR will very likely own 75%.So, things are now starting to move and it's looking exciting. If the perfect scenario were to play out this year it would look like the following:1) Shareprice continues to make gains to the 5-10p range over the course of the next couple of months.2) Drill results come back positive (i.e. confirming the historical data and recent geophysics) - decent intercepts at 0.5-1% Cu. Or drill results surpass expectations (pockets of high grade)Then we could see a re-rate to 20p+. 3) Then I'd like to see it holding and making gradual gains to the 30-40p range as more drill results and geophysics comes back over the course of the summer autumn.4) Trade sale at 100% premium to the close price of 50p on December 15th 2017 ownership of Concordia from 51% to ~75% with the issuance of 30 million shares to whoever it is that owns the other half. This is the maximum allowed for a foreign company in South Africa. The net result is that GLR will very likely own 75%.So, things are now starting to move and it's looking exciting. If the perfect scenario were to play out this year it would look like the following:1) Shareprice continues to make gains to the 5-10p range over the course of the next couple of months.2) Drill results come back positive (i.e. confirming the historical data and recent geophysics) - decent intercepts at 0.5-1% Cu. Or drill results surpass expectations (pockets of high grade)Then we could see a re-rate to 20p+. 3) Then I'd like to see it holding and making gradual gains to the 30-40p range as more drill results and geophysics comes back over the course of the summer autumn.4) Trade sale at 100% premium to the close price of 50p on December 15th 2017

[gkp heros] 28/1/2017 14:58

195 millions shares vs 1 billion shares I know where I want to be!!!

[gkp heros] 28/1/2017 14:55

That gives me confidence that good news will come hence why the directors want more shares. At the end of the day they are not working for the love of it. Colin is worth every penny a veteran and has many contacts to sell this down the line of Concordia comes good. I wouldn't want anyone else than Colin as captain a copper master. He sold kiwara for $280 so we have plenty more bags to go as things warm up!!!

[turbotrader2] 28/1/2017 10:39

Bit of confetti for the boysDisgusting why not higher

[gkp heros] 27/1/2017 12:11

Can't see why it won't!!!Looking really strong on L2

[dmitribollokov] 27/1/2017 11:01

C'mon break through 2.5...