Galantas Gold Share Discussion Threads

[bageo] 21/3/2022 21:08

I'm pleased Gal are publishing the cross sections and plans it really helps understand the deposit more than just the intersections and drill hole numbers.

[lurker5] 21/3/2022 19:51

Short term uncertainty re speed of ramp up probably. Once going the shares should motor.

[doobydave] 21/3/2022 10:01

Very encouraging exploratory drill results today. Bonanza grades (albeit over narrow true widths) in two of three parallel structures, at modest depth from underground.

In the olden days you'd have seen a mark-up on news like this - but tumbleweed currently.

[bahamasoil] 14/2/2022 08:16

It is good to see warrant holders exercising them at this level a year before expiry thereby ensuring production funding and continued exploration.

[panagos] 14/2/2022 08:08

Eric Sprott is arguably the most successful investor in junior mining companies in the world.

[panagos] 14/2/2022 08:07

Filed 2022-02-11 20:06
Tx date 2022-02-08 $GAL
Galantas Gold Corporation Sprott, Eric S.
3 - 10% Security Holder of Issuer
Holder: 2176423 Ontario Ltd. (Indirect Ownership)
Common Shares
54 - Exercise of warrants $1,000,000
+2,500,000 vol
$0.40 each 8,833,333

[panagos] 09/2/2022 11:06

hold all my shares I ever bought since 2015. bought a few at 2p pre-consolidation years back.... looking at these videos I think I will start buying more. Never stop believing that this could grow many times its size.

[bahamasoil] 08/2/2022 16:58

Very bullish video.

[panagos] 01/2/2022 11:04

happy with the chart. bounced off the 200dma @ 30.5p

[panagos] 31/1/2022 08:31

Panmure Gordon just rated GAL as a buy with target price CAD 0.80

[panagos] 31/1/2022 08:16

17.4 G/T GOLD AND 74.6 G/T SILVER OVER 13.1 METRES AT THE OMAGH PROJECT


THIS IS HUGE !!!!!!!!!!!!

[yasx] 25/1/2022 22:42

Indeed - Lurker, and that Cornford, were suggesting Galantas was off to the races when it was at 45p or so a year ago, suggesting 65p was imminent - weeks later it fell to 20p at which point Lurker started to become bearish and tried to suggest a placing was imminent - the stock then climbed around 60pc!


This combination (Lurker/Cornford) is a true contrarian signal across many stocks. Look at their record on NCCL,

This from Cornford in May 21 re Galantas:

"Galantas (LON:GAL) is on a roll, and will maybe hit the 60s, at which time it may be right to take a short-term profit"

It dropped in the short term to 20p rather than heading higher to the 60p he forecast.

As for NCCL, around the same time (July 21) Cornford wrote:

Ncondezi Energy (LON:NCCL) (market Cap £10m @ 2.7p) is one who depended on both China and GEC and whose investors have been nervous accordingly.....but is very unlikely to be because the government is dragging its feet and that the project will be dropped – which is the nervous nellies’ fear..... For seasoned investors with a ‘balanced portfolio’ strategy where part is of high risk but with potentially much higher reward, NCCL’s shares offer a balance of a 4-5 fold potential profit over the coming year.......

NCCL is currenlty 0.5p!!

Any thoughts Lurker? NO, thought not.

Chuckle chuckle.

[lurker5] 25/1/2022 11:19

I didn't make any 'recommendation' you fool. I said there was a possibility of a fund raise. What a twerp you are. And I put my 'clients' (as also myself) into GAL at under 20p, and have kept them there.

[lurker5] 25/1/2022 08:34

well ! a usurious loan is a 'fund raise' in my book !

[bageo] 20/1/2022 18:49

Thanks for the link - had a bit of a look and there is a fair collection of videos.



One of the points I picked out from the interview, and answering the question some on here have raised, is that there unlikely to be any new fundraising. Money is likely to come from exercize of warrants ($11m could be raised) and cashflow - therefore the fully diluted share count is appropriate to use as a forward basis.

The ability to ramp of to the initially announced next 2 years production and then beyond to 35k then potentially 100k/yr via this route is significant.

[panagos] 20/1/2022 09:33

looks there has been good progress bringing the mine up to speed for modest production.

they can simultaneously explore and grow the resource.

[bahamasoil] 20/1/2022 09:18

Here is another video link along the same lines and also as bullish.



See also new link to earlier video

[panagos] 20/1/2022 09:17

here it is

[panagos] 20/1/2022 09:14

confirmed, the interviewer was an early investor in Dalaradian at 20cents and wants to replicate that success with gal.

[bahamasoil] 20/1/2022 09:03

It seems that the video link I posted yesterday has been withdrawn.

I am pleased that at least panagos is able to confirm the positive content.