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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Galantas Gold Corporation | GAL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 3.50 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.50 | 3.50 | 3.50 | 3.50 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 12/12/2024 01:00 by lurker5 This company must be one of the most dishonestly promoted - by the management - ever. An updated feasibility study - aimed at restarting production - was promised some years ago but never materialised. Instead GAL has allowed the shares to be decimated through spending on drilling and buying a Scottish red herring before generating anything to pay for it. Yet heavyweight backing misled ordinary investors into thinking they would ensure a sensible strategy. One wonders if there is a hidden strategy to fleece them and take GAL private now that they have helped pay to extend the resource before a new production company is resurrected to benefit only the heavyweights. |
Posted at 30/4/2024 11:15 by gb904150 I spoke to Mario Stifano a year or so ago. I was impressed by his energy and bullishness for the project. That said, he is a Canadian, so he's all about drilling, drilling, drilling.I'm not sure if or when GAL go back to having serious plans to mine again. All the power here seems to lie with Melquart and Ocean partners now, so I guess it depends on what their plans are. |
Posted at 16/2/2023 17:23 by rambutan2 Was wondering where the money was going to come from. Looking at the chart, the Scottish dalliance appears to have gone down like a bowl of old cold porridge:February 13, 2023, TORONTO, CANADA - Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") announces that it has entered into a loan agreement ("Loan Agreement") for GBP347,000 (approximately C$562,930) (the "Loan") with London-based family office Melquart Ltd. ("Melquart" or the "Lender"). The Loan is to be used for the initial lease payment for the Gairloch Project in Scotland (see Galantas' news release dated January 26, 2023). The Loan is payable 24 months from the date of the Loan Agreement and will bear interest at an annual rate of 12% payable upon repayment of the Loan. As consideration for providing the Loan, Melquart will receive upon closing of the Loan Agreement, 100,000 warrants of Galantas (the "Bonus Warrants"), subject to acceptance by the TSX Venture Exchange. Each Bonus Warrant will be exercisable into one common share of Galantas for a period of 24 months from the Closing at an exercise price equal to the closing price of the Company's common shares on the TSX Venture Exchange on February 10, 2023. The above terms are subject to TSX Venture Exchange approval under the TSXV Policy 5.1 - Loans, Loan Bonuses, Finder's Fees and Commissions. Mario Stifano, CEO of Galantas, commented: "I want to thank Melquart for their continued confidence in Galantas, and their willingness to support us in our mission to unlock further value for shareholders by expanding our exploration footprint to the high-potential, Gairloch gold-bearing volcanogenic massive sulphide district in Scotland, that has largely been underexplored." |
Posted at 27/1/2023 16:58 by meanreverter It worries me when a junior miner engaged in developing one project embarks on a new, separate, project. Cavancaw isn't near exhaustion. Galantas' management seems to be hedging its bets — perhaps because it lacks confidence in Cavancaw.My chips are not all piled on GAL. But I prefer a single-asset company to focus on its asset. |
Posted at 26/8/2022 07:05 by nobbygnome Can’t get a quote online and my broker doesn’t allow limit orders on GAL for some reason I don’t understand. Plus Spreadex are ‘closing only’. Very frustrating!!! |
Posted at 25/8/2022 12:05 by meanreverter It will be interesting to see what happens when the Toronto Stock Exchange opens at 09:30 Toronto time, or 14:30 BST. Yesterday, GAL opened in Toronto at CAD 0.54 and closed at CAD 0.70 — a rise of 29.63%. The latter price translates to 45.78p at the current CAD/GBP rate. |
Posted at 15/6/2022 17:58 by mineng GAL at PDAC Toronto |
Posted at 12/4/2022 10:06 by goggin GALANTAS GOLD CLOSES LOAN AGREEMENT FOR US$1.06 MILLIONFebruary 4, 2022, TORONTO, CANADA - Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") announces the closing of the loan agreement ("Loan Agreement") for US$1.06 million (the "Loan") with Ocean Partners UK Ltd. ("Ocean" or the "Lender").Terms of the Loan Agreement, as previously announced on January 25, 2022: -- The Loan matures on July 31, 2022 (the "Maturity Date"). |
Posted at 14/12/2021 06:45 by panagos Galantas Gold Drills 10.1 g/t Gold and 93.5 g/t Silver Over 6.5 Metres at the Omagh ProjectDecember 13, 2021 December 13, 2021, TORONTO, CANADA – Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“GalantasR Drilling highlights: Hole FR-DD-21-171 intersected 10.1 grams per tonne (g/t) gold (Au), 93.5 g/t silver (Ag) and 3.4% lead (Pb) over 6.5 metres (see Table 1 for details). This hole, drilled from surface, successfully targeted a potential ‘dilation zone’ within the Joshua Vein and is located approximately 120 metres from hole OM-DD-15-155 drilled in 2015 which intersected 9.9 g/t Au over 21.6 metres (estimated true width of 13 metres) (see Figure 1). Hole FR-DD-21-UG-172 drilled from the underground at the Kearney Vein intersected two zones of mineralization including 10.4 g/t Au, 50.5 g/t Ag and 2.4% Pb over 2.8 metres (see Figure 2). Mario Stifano, CEO of Galantas, commented: “We are very pleased with the continued success of our exploration program which continues to demonstrate high-grade mineralization at Omagh, particularly high-grade gold in wider dilation zones at both Kearney and Joshua veins. We look forward to providing further updates on drill results and our mine production plan in the near future as we advance this unique opportunity to significantly grow high-grade resources at Joshua and Kearney, which remain open on strike and to depth, while also producing gold.” Dilation zones which have potential for higher widths of mineralization have previously been identified within the Kearney underground development and are believed to be linked on shallow north-dipping planes (see press release on May 6, 2020). Figure 1 illustrates the location of hole FR-DD-21-171 on a potential dilation trend within the Joshua Vein, relative to other key intersections, including hole OM-DD15-155 drilled in 2015, which returned 9.9 g/t Au over 21.6 metres (estimated true width of 13 metres). The dilation zones identified at the Joshua Vein, located approximately 400 metres from the main Kearney Vein, are expected to be incorporated into mine planning and future mine development, including potential plans to drill Joshua from underground to advance mining and resource expansion. The underground development in Kearney is 370 metres from the Joshua Vein, of which 152 metres have already been advanced in the cross cut, with 218 metres of development remaining to reach the Joshua Vein. Table 1: Summary of drill results. Hole ID Azimuth/ Dip (degrees) Intersect (m) (downhole) Est. true width (m) Intersect vertical depth (m) Gold (g/t) Silver (g/t) Lead (%) Core loss (%) FR-DD-21-UG-172 287.7/66.1 1.6 0.5 117 4.1 17.9 0.9 1.9 and 287.7/66.1 2.8 1.0 121 10.4 50.5 2.4 8 FR-DD-21-171 258.6/47.4 0.5 0.3 35 4 10.3 0.6 0 and 258.7/48.4 6.5 4.3 73 10.1 93.5 3.4 12 FR-DD-21-169 No significant mineralization FR-DD-21-167 No significant mineralization FR-DD-21-166 277.3/48.6 0.9 0.6 88 5.3 35.5 0 0 FR-DD-21-165 260.5/72 1.1 0.3 104 2.4 6.2 0 0 and 260.5/72 0.9 0.3 107 1.4 13.2 0 0 |
Posted at 19/10/2021 21:04 by the count --->ALLThis may be of interest on the 21st October. If we can get to listen in. hxxps://www.prnewswi Galantas Gold Corporation to Webcast Live at VirtualInvestorConfe Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConfe (PRNewsfoto/VirtualI News provided by VirtualInvestorConfe Oct 18, 2021, 08:35 ET Share this article TORONTO, Oct. 18, 2021 /PRNewswire/ -- Galantas Gold Corporation (TSX-V & AIM: GAL;OTCQX: GALKF), a Canadian public company developing the Omagh Gold Project in Northern Ireland, today announced that Mario Stifano, CEO, will present live at VirtualInvestorConfe DATE: October 21, 2021 TIME: 1:30-2:00pm ET LINK: [...] This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorc Regards, THE COUNT! |
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