Galileo Resources Share Discussion Threads

[cautoussid] 22/5/2017 11:45

slight drop back with share price ,some times may be better to see some sellers out before more news may be seen , with the nice rise seen some may be happy with their profits ,others may be happy to hold

[cautoussid] 22/5/2017 10:44

another good week last week ,for the people who had been thinking share price was going to drop back towards 6p again ,thankfully did not
hoping may see more of a move up again ,hoping see a move towards 11 p or higher in the future

[dmitribollokov] 19/5/2017 22:42

You Kod doubters missed out on ~12% uplift today ;-)

Give it a rest Tt2, it's embarrassing.

[turbotrader2] 19/5/2017 22:22

Because a placing is comingFACT

[gkp heros] 19/5/2017 13:55

Me neither

[filterwest] 19/5/2017 13:17

Why the share price not moving up? A lot of buys.

[regandharry5] 19/5/2017 13:00

What with over 6 billion shares around, l won't be going there.

[dmitribollokov] 19/5/2017 07:46

Worth having a look at KOD, some great results today.

[gkp heros] 18/5/2017 15:11

A good read that is

[dmitribollokov] 18/5/2017 15:09

Yup totally. Story still only starting to play out here. Wres is on my radar but haven't pulled trigger yet.

Eerily quiet from losta btw, poor bloke.

[dmitribollokov] 18/5/2017 14:55

Tt2 - yup, it will be 30m for free indicating all is good in the hood.

Wtf is going on at jlp? Such a disappointment (I own ~2mln of them, so that isn't shadefreude)

[gkp heros] 18/5/2017 14:49

How's that going lost, i bet your so gutted you sold at 2p

[gkp heros] 18/5/2017 14:47

Lostabillion - 15 May 2017 - 14:57 - 868 of 888 - 0Just opened a short here, hoping to cash in before end of week.

[turbotrader2] 18/5/2017 14:39

Be interesting to see the next placing

[gkp heros] 18/5/2017 07:48

Worth a second read!GALILEO RESOURCES PLC (LON:GLR) ZIPPED HIGHER ON MONDAY after the explorer completed its initial drilling programme at its Concordia copper project in the Northern Cape Province of South Africa. The programme was initially supposed to comprise up to six reverse circulation drill holes, but Galileo ended up drilling 14 holes in the Homeep and Shirley trends totalling 2,170 metres. The first set of analytical results on the samples is due by the end of this month (May), while a second set is expected by the end of June. EVEN WITHOUT THE RESULTS TO HAND, THE FACT THAT SIX HOLES ON THE SHIRLEY TREND YIELDED VISIBLE COPPER MINERALISATION IN THE DRILL CHIPPINGS IS AN ENCOURAGING EARLY SIGN. DRILLING A SUCCESS ON ALL COUNTS Back in February when Galileo kicked off drilling at Concordia, it said the focus was on testing the reliability of geophysics anomalism in identifying mineralisation targets. It concluded today that the drilling was a success given that the results confirm the "validity, reliability and usefulness of IP geophysics" as a means for directing future exploration. "We eagerly await the analytical results of the drill samples," said chief executive Colin Bird. "The Shirley and Homeep Trends will be remodelled and the strategy for further drilling established. "We consider the drill programme a success and consider our in-house model for Concordia is developing favourably towards a major copper resource." Galileo commits funds to earn-in a 51% interest in Concordia On top of the results, Galileo told investors it had committed 100% of the funds required to earn-in a 51% interest in the company owning the project. The company now has 30 days to decide whether to continue with exploration and development of the project. Assuming it chooses to do just that, Galileo will issue 30mln new shares to Shirley Hayes, after which Galileo's stake in Concordia will rise to 80% as a result. Shares gained 6% to trade at 7.55p.

[dmitribollokov] 16/5/2017 21:14

Yup, decent enough volume here today too, looking v. bullish.

[dmitribollokov] 16/5/2017 18:07

How's that short working out for you losta?