Galantas Gold Share Discussion Threads

[panagos] 20/4/2021 19:52

trading on heavy(ish) volume at 45cents in tsxv (eq. 25p)

[bageo] 20/4/2021 16:34

Company should now be able to promote a lot more. Blasting sorted, Funding sorted

Interesting CV for Mario Stifano - clearly wouldn't get involved if didn't see scale potential here.

Well done to Roland - through many challenges the company has survived and hopefully got to a big inflection point.

[panagos] 20/4/2021 09:39

Looks like not all is lost. In fact....

[the count] 20/4/2021 07:47

--->NOBBYGNOME

Yes, great timing. As production figures finally start to ramp up, then hopefully so should the share price At least we should now have a company that can start to realise the value that is in the ground at long last.

Regards,

THE COUNT!

[nobbygnome] 20/4/2021 06:05

And they have sorted the financing out with a placing at about 17.25p by my calculation. So hardly a discount and it will be used to get to full production so I think this could be a placing where the price goes up. In addition the placees are tied in for 4 months. By that time hopefully they will be up to full production and everything will be looking rosy!

Onwards and upwards....

[bageo] 17/4/2021 16:55

Hopefully we will get monthly production updates now. The single week ug processed at the end of March is promising. How much will be ug sourced and how quickly stockpile usage decreases will also be key.

[doobydave] 16/4/2021 08:02

LOL panagos. Where's pelgis when you need him?

[panagos] 16/4/2021 07:03

Rubbing my eyes..... is it really some GOOD news ?????

[yus777] 17/3/2021 16:40

tried buying shares no luck at all gutted nt trade only

[the count] 17/3/2021 16:26

--->PANAGOS

We just have to imagine even harder!

:-) :-)

Regards,

THE COUNT!

[panagos] 17/3/2021 16:23

Hard to imagine after all this GAL pain TC.:)

[the count] 17/3/2021 15:21

--->ALL

Well, we seem to have some activity today which has moved the price.

I wonder if any good news is leaking out.

Or people just positioning themselves for the underground blasting?

Or some sort of deal is in the air?

But positive movement nevertheless on quite small volume.

Imagine the rerating that could occur if they can get their act together.

Regards,

THE COUNT!

[panagos] 15/3/2021 16:59

1p spread looks more reasonable... wake me up whwn its over 30p.

[the count] 15/3/2021 13:58

--->ALL

Hmmm, seems to be a little buying interest.

They firmed a bit last week, but they are well bid today.

Current price is 17p bid, 18p offered, yet the RSP indicates that for a size of 10,000+ shares, the real bid is 17.3p and offered, it is 19p.

Not explosive, but maybe the market is beginning to wake up to what could be the beginning of some decent gold extraction.

Regards,

THE COUNT!

[the count] 12/3/2021 15:42

--->ALL

We have an announcement everyone.

Limited underground blasting has resumed, and they will produce more concentrate with 2 shifts in the mill rather than 3. Obviously as a result of higher grade ore being fed into the mill from underground operations.

This is a positive as it should start giving more confidence to both shareholders and potential investors.

Regards,

THE COUNT!

[the count] 03/3/2021 10:16

--->ALL

And we have a little movement.

Touch price now at 16p - 18p.

But for a size of 10k or more, the real price is 17p - 18.99p.

Those pesky MMs eh?

Just checked again, there is no RNS today. Last RN|S was about formalising the blasting arrangements with the PSNI.

Regards,

THE COUNT!

[the count] 03/3/2021 08:59

--->ALL

Well, we do have some interest it seems.

The shares are well bid in size, with the first 10k tranche of shares offered at 18.8p to buy. That's 1.8p above the touch price of 17p.

And the MMs will pay 16.6p for up to 10,500 shares on the sell side.

I wonder if the company are getting closer to doing some sort of deal which will allow us to start producing in decent amounts?

Regards,

THE COUNT!

[panagos] 19/2/2021 09:21

this share never fails to disappoint... oh well

[waynekings] 07/2/2021 20:16

GAL should be 10p a shareIt has too much debt created by the CEO/ Chairman over £4M in debt !

[waynekings] 05/2/2021 20:45

This LSE code : GAL should be 10p per share as it has massive debts in the company has - remember it did a 10:1 reconstruction to the shares last year as it was allowed to raise money if it was under Canadian Law 5 cents per share as this is duel listed on TSX and LSE - this the 10:1 share consolidation. Watch this space if they do a fund raise as it has no working capital as the Roland the Executive Chairman wants his money back yesterday £2.5M for him and rest to the Canadians that loan the funds....