Galileo Resources Share Discussion Threads

[gkp heros] 22/5/2016 11:04

Colin will be the man to pull of the end game he's done it before and will do it again. Kawara Plc was sold for $280 million!!

[turbotrader2] 22/5/2016 10:47

CB owning 25% is outstanding

[oakville] 22/5/2016 09:48

Looking at the shares in issue reminds me of MTR. 0.075p - 5.8p within a 2 week spread !

[turbotrader2] 21/5/2016 10:01

GKP Me a ramper?ROFLMAO

[gkp heros] 20/5/2016 21:23

You have to remember people only 30% of these shares are the publics hands over 70% are major share holders. When this moves it moves fast as there is no stock available

[gkp heros] 20/5/2016 21:11

We don't need the likes of you here turbo trader. Go and ramp else where this share is going places without your ramping

[turbotrader2] 20/5/2016 19:21

This is going places IMHO

[nick rubens] 20/5/2016 16:21

If we get any news on that 4$m due, then it should do 100%. That aside there has been a Farm In and the Concordio Copper mine may become something valuable ARS style.

[turbotrader2] 20/5/2016 15:13

You can't buy now

[turbotrader2] 20/5/2016 14:19

I've bought in today All will be good now I'm here

[gkp heros] 18/5/2016 10:28

Totally under the radar

[nick rubens] 18/5/2016 09:42

$4m due for Glenover Phosphate

Silverton farmed in earlier this year

Concordia Copper project (open pit) low cost looking huge.

All the ingredients for a rerate. Must be under the radar still.

[gkp heros] 18/5/2016 08:57

Some nice buts going through today

[ryan83] 11/5/2016 10:00

GKP, any idea how much cash GLR will need to get these open pits up and running? I know they are due $4m from an asset sale, just wondered what the funding gap might be? Also in that interview CB alludes to further disposals (i think) which assets do you reckon are up for grabs

[l2e] 10/5/2016 12:09

Project update sbout

[gkp heros] 30/4/2016 07:04

LONDON ( Alliance News ) - Galileo Resources PLC Wednesday said the exploration database that was recently acquired covering the Concordia project in South Africa has identified one area that has been previously drilled in the past, revealing high-grade copper mineralisation close to the surface.Galileo acquired the exploration database covering the project and has since analysed it, which has identified one of several areas within the area that has been previously drilled by its former owners back in the early 1970s.The area, named Rietburg, lies around 10.0 kilometres from the previously reported Wheal Julia area. Galileo said back in late March that the modelling completed over the Koeelkop prospect estimated it held 4.2 million tonnes at 0.59% copper, whilst the Wheal Julia prospect held an estimated 37.7 million tonnes of ore at 0.55% copper.Galileo said the wide area of copper mineralisation at the newly identified Rietburg area is over 50.0 metres thick and could be up to 100.0 metres thick, with average grades ranging from 0.49% copper to 1.83% copper. The company said there are numerous high-grade intersections that hold "significantly thick" intersections with a 0.35% copper cut-off grade.Most of the holes that have been previously drilled in the Rietburg area and delivered grades of over 1.0% copper are within 100.0 metres of the surface.The "most impressive" intersections include 11.0 metres at 5.0% copper within 25.0 metres of the surface, 18.3 metres at 2.68% copper from 64.0 metres below the surface, and 64.3 metres at 1.11% copper from 70.0 metres below surface.Galileo will now move onto conducting 3D seismic and begin work on the resource estimate modelling, which will both start in early May. The company said there are other areas emerging at Concordia that have similar characteristics to Rietburg.Importantly, the copper mineralisation that is being identified is "strongly associated" with diorite rock type, which the company previously considered as a low-grade type of rock and therefore uninteresting prospect at the time."Open-pittable copper ore close to surface is not the norm in the copper mining industry. What is beginning to emerge is the propensity of the Project Area for a mixture of high and low grade bodies, which could be phased to feed a central processing plant providing potential flexibility and optionality," said Chairman and Chief Executive Colin Bird .Galileo can earn up to a 51.0% stake in the Concordia project through its 51.0% stake in Shirley Hayes IPK (Pty) Ltd by spending ZAR10.0 million , or GBP500,000 , on exploration and development on the project over a 14-month period.Shirley Hayes IPK (Pty) Ltd owns the prospecting rights over the project and also was the supplier of the exploration database analysed by Galileo, which is still ongoing.

[gkp heros] 28/4/2016 06:22

Poster the old trout on iiiCouldn't agree more. I met Colin Bird last November and had a long chat with him about JLP but when I asked which of the five companies that he is a Director of had the greatest potential he was quite unequivocal in stating that it was Galileo. He has a massive personal holding here and thus a huge incentive to make it a success. He's just done a cracking deal on the gold prospects but South Africa should be a real company maker imo and now all its resources can be focused on that with ORE stumping up the cash for Nevada, and cash coming in from Glenover to fund further exploration in SA.Absolute no brainer at this price imo.Tot

[gkp heros] 28/4/2016 06:17

Galileo identifies another copper zone at ConcordiaShare 08:23 27 Apr 2016Rietberg is approximately 10km northwest from the Wheal Julia deposit and contains numerous thick high grade intersectionsGalileo identifies another copper zone at ConcordiaGalileo can earn-in a 51% beneficial interest in ConcordiaGalileo Resources PLC (LON:GLR) has identified a potential new copper deposit, Rietberg, close to the surface at the Concordia project in South Africa.Rietberg is approximately 10km northwest from the Wheal Julia deposit and contains numerous thick high grade intersections, said the company.Galileo is working through the historical database at Concordia and said best results at Rietberg were 11.0m at 5.0% copper within 25m of surface, 18.3m at 2.68% Cu from 64m and 64.3m at 1.11% Cu from 70m.Other areas in Concordia have also being identified with similar characteristics to Rietberg, Galileo said.Colin Bird, chief executive, said: "Open pittable copper ore close to surface is not the norm in the copper mining industry."A mixture of high and low grade bodies are beginning to emerge, he added, which could be phased to feed a central processing plant providing potential flexibility and optionality.Galileo has the right to earn-in a 51% beneficial interest in the Concordia copper project through spending R10mln (approximately £500 000) over 14 months on exploration and development. Share

[l2e] 27/4/2016 10:24

Still in better days T come...-8

[bean02] 27/4/2016 09:30

This should be doing WAY better! :-/ very annoying that the potential is being missed here! Holding

[12bn] 27/4/2016 08:10

Just for you gkphero,as you like spamming this dog everywhere.Xtract Resources plc

26 April 2016

26 April 2016

Xtract Resources Plc

("Xtract" or "the Company")

Operations update notice and

Investor Show

Xtract Resources Plc (AIM: XTR) will provide an operations update via a live webcast on Wednesday, 4 May 2016 at 12.15pm, which will be hosted by Jan Nelson, CEO. Please use the following link to connect to the live webcast on 4 May at 12.15pm:

hxxp://webcasting.brrmedia.co.uk/broadcast/571f3e61c95e0de723385d46

The presentation to be given via the webcast will be available on the Company's website from 11.30am on 4 May 2016. Questions can be submitted during the webcast or emailed in advance to: [e-mail].

Jan Nelson will also be attending the UK Investor Show, where Xtract will have a booth, on 30 April 2016, which is being held at Queen Elizabeth II Centre Broad Sanctuary, London SW1P 3EE. For more information, please visit www.ukinvestorshow.com./////// Get in before the update,Chepica mine has increased the faces for extraction from 1 to % !!!!
GOLD,XTR 0.225p to 1p,Buy into GOLD - XTR
12bn - 27 Apr 2016 - 07:17:46 - 2175 of 2181
I said that we would be getting an update on Chepica production soon and now we have a date for it! The price of gold has risen a lot over recent months but more importantly Chepica is now producing from 5 faces rather than just 1 face,with another 2 faces coming on-line this quarter! It is best to get in here before the whole world finds out about how much cash Chepica is making imo.

[12bn] 27/4/2016 07:26

Xtract Resources plc

26 April 2016

26 April 2016

Xtract Resources Plc

("Xtract" or "the Company")

Operations update notice and

Investor Show

Xtract Resources Plc (AIM: XTR) will provide an operations update via a live webcast on Wednesday, 4 May 2016 at 12.15pm, which will be hosted by Jan Nelson, CEO. Please use the following link to connect to the live webcast on 4 May at 12.15pm:

hxxp://webcasting.brrmedia.co.uk/broadcast/571f3e61c95e0de723385d46

The presentation to be given via the webcast will be available on the Company's website from 11.30am on 4 May 2016. Questions can be submitted during the webcast or emailed in advance to: [e-mail].

Jan Nelson will also be attending the UK Investor Show, where Xtract will have a booth, on 30 April 2016, which is being held at Queen Elizabeth II Centre Broad Sanctuary, London SW1P 3EE. For more information, please visit www.ukinvestorshow.com./////// Get in before the update,Chepica mine has increased the faces for extraction from 1 to % !!!!