Galileo Resources Share Discussion Threads

[cyberbub] 11/10/2016 15:49

I would think there must be some news due soon, on either commencement of the IP survey at Concordia, or possibly something exciting on the phosphate JV?

[gkp heros] 11/10/2016 15:31

Not ramping or shouting i just can see where the market is taking this

[gkp heros] 11/10/2016 15:31

Not ramping or shouting i just can see where the market is taking this

[cyberbub] 11/10/2016 15:19

No need for shouting/ramping, GKP. Let the company's assets do their own talking :-)

[gkp heros] 11/10/2016 15:16

MM'S HAVE NO STOCK THIS IS GOING TO FLY!!!

[dmitribollokov] 11/10/2016 07:25

Even at 5p the mkt cap is sub £10m, which is still crazy given the assets here imo.

[gkp heros] 11/10/2016 07:02

100% short term buy on Bar-chart 89% overall buy!!!Barchart is the ultimate indicator imho

[regandharry5] 11/10/2016 02:16

Mkt cap still under 3 mill,loads of potential for upside.

[gkp heros] 10/10/2016 14:31

Seems like the MM's have no shares hence why this moved so quickly on no volume

[turbotrader2] 10/10/2016 14:21

Here we goHold on!

[turbotrader2] 10/10/2016 14:04

Need this to close at a high today

[gkp heros] 10/10/2016 13:59

Colin has plenty of fire left in his belly!!!

[turbotrader2] 10/10/2016 13:56

Colin did it before and will do it againHe's no spring chicken- this will fund his retirement which is shy short term this will happen IMHO

[cyberbub] 10/10/2016 13:40

Well if people think that Colin will sell out before development, and we were to assume say 300M shares at that point and a sale value of say £60M based on a much-increased/solidified resource, then that could be 20p share price.All speculation at this point of course, but £3M market cap at the moment seems far too low.BAI

[nick rubens] 10/10/2016 11:45

Interesting shareholder accumulated late last year?

Anyone know more about this? Stuart J Packwood * now owning 18.51% as
at 1st Sept 2016

Is he part of a corporate investment?



09 Nov 2015
Holding(s) in Company
Source: RNS
RNS Number : 0515F
Galileo Resources PLC
09 November 2015




9 November 2015

Galileo Resources Plc

("Galileo" or the "Company")

Holding in Company



Galileo (AIM:GLR), the exploration and development mining company, announces that it has today been informed of the following notifiable interest in the Company.



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi







1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii


Galileo Resources plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights


Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached



An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments



An event changing the breakdown of voting rights



Other (please specify):






3. Full name of person(s) subject to the
notification obligation: iii


Stuart James Packwood

4. Full name of shareholder(s)
(if different from 3.):iv



5. Date of the transaction and date on
which the threshold is crossed or
reached: v


28 August 2015

6. Date on which issuer notified:


9 November 2015

7. Threshold(s) that is/are crossed or
reached: vi, vii


3%,4%,5%,6%,7%,8%,9%,10%,11%,12%,13%,14%,15%,16%

[turbotrader2] 10/10/2016 11:36

What's the free float ?

[cyberbub] 10/10/2016 11:27

I did say it was the bottom!!

[turbotrader2] 10/10/2016 11:23

Getting some interest back up towards 2p soon IMHO

[nick rubens] 10/10/2016 11:17

Looks like it mught be moving today?

[mogwhy] 09/10/2016 09:20

Just prior to the sale of Gabbs, the company must have been running on fumes.
GLR have a cash burn of around £800k per annum.
With an IP survey and drilling campaign to pay for, the proceeds from Gabbs won't last long.
CB may avoid further dilution with another asset sale, but don't count on it.

[turbotrader2] 08/10/2016 13:06

I doubt it will take that long Colin will sell it long before that imho