Galantas Gold Share Discussion Threads

[yus777] 21/5/2021 12:27

nt trade for very small amount hmm

[yus777] 21/5/2021 09:43

35 k buy over ask at 42p looking good towards 57p nt trade over 5k

[yus777] 20/5/2021 20:12

anyone what did canada finnish on

[the count] 20/5/2021 16:34

--->YUS777

Short term, it has had a fantastic rise so far. It could head sharply up or down in the very near term

Medium term, it's another story. I expect this baby to fly.

Regards,

THE COUNT!

[panagos] 20/5/2021 16:18

why? its a bit down in canada now.

[yus777] 20/5/2021 16:05

should hit 50 tommorow whats it trading in canada

[the count] 20/5/2021 14:12

--->ALL

The 15k @ 39.4p a short while ago was actually my buy.

I have traded a few today to try and play the MMs at their own game. So far so good.

Regards,

THE COUNT!

[panagos] 20/5/2021 11:40

Yes noticed that.

Also it's worthy to notice that the share price was constantly trading above the PP price ever after.

That is a very rare thing.

I guess it's because the PP was a steal as The Count says...

[mineng] 20/5/2021 10:56

Panagos
Exercise price on those options is C$0.86 so they surely see them going higher.....

[panagos] 20/5/2021 08:53

Sorry TC, but you are in profit already :)

I see directors, management and consultants are lining their pockets with options granting today.

[the count] 20/5/2021 07:42

--->ALL

Checked with my broker, it is now 44.97p to buy a measly 10k shares. I decided against it. Too much over the 42p touch.

But it's been a remarkable turnaround.

it was always all about the funding. Those that were lucky to participate, must be laughing their heads off. We can say that now with the benefit of hindsight.

Regards,

THE COUNT!

[the count] 20/5/2021 07:39

--->PANAGOS

Wish you hadn't told me about Canada.

I tried to pick up another 5k at 41p but I couldn't. So I managed to buy 2 lots of 2.5k instead, but I paid 41.29p, which was 0.29p over the odds.

Never thought I would see the day again when I would be chasing GAL stock higher.
What have you done to me? :-)

Regards,

THE COUNT!

[panagos] 19/5/2021 14:48

has to go up in London, intra-day high in tsxv is 90c = 53p

[panagos] 19/5/2021 14:48

trading at 80c in Canada = 47p

[lurker5] 18/5/2021 23:18

Interesting to see all the volume was in the 37-39p range. All reported 'off-book', so don't show up on many trading platforms.

[telbap] 18/5/2021 14:56

Good luck to all here, nice to see a few familiar names too ))

[spaceparallax] 18/5/2021 13:34

All looking very positive

[nobbygnome] 18/5/2021 13:07

We have break out......as long as it holds clearly above 30p!

[yus777] 18/5/2021 12:53

40p short term written all over it

[lurker5] 18/5/2021 10:46

No up-to-date research on Galantas. Only an old PFS based on £800/ oz gold price. But calculations by Master Investor a few weeks ago arrived at updated cash flows from year 1 to year 6 of £3.4m, £16.1m, £22.5m, £21.4m, £22.8m, and £11.5m.

On the approximately 100m shares in issue assuming all warrants and options are exercised, cash flow per share will be 3.4p, 16.1p, 22.5p, 21.4p, 22.8p, and 11.5p.

The PEA is being updated as will be costs (probably quite a bit higher) but those figres are probably in the right ball park and will be published one day. Sprott et al are bound to have seen them or made their own calculations, and will know the scope for exploration to extend the life and maybe expand the production. What can go wrong ?

[nobbygnome] 18/5/2021 09:59

Why do MMs refuse to make a market?!? The clue is in the name....

[the count] 18/5/2021 09:55

--->NOBBYGNOME

I tried to pick up 15k with a verbal order with my broker.

He said it would cost me 32.15p for 10,500 shares. I refused as I have loads anyway.

Let's sit back and see where we settle for now.

But this highly derisks the company, even though they have funded it on the cheap. I am quite miffed that we were not allowed to participate, but we have some big boys invested in here now so that should bode well.

Regards,

THE COUNT!