Galileo Resources Share Discussion Threads

[cf456] 02/2/2018 16:10

Yes, a few dip buyers today by the looks of it.

Getting in a lot cheaper than Mr Packwood's latest buys as well. He bought 1m @ 1.93 on the 22nd Jan and 1m @ 1.9 on 23rd Jan.

Good news and this could rocket.

[nick rubens] 02/2/2018 16:05

Buyers seem to be coming back? Need an update on the Star Zinc project and would be great if some news on moving the Concordia copper project forward, even if only selling it on to a deep mine casting company if open casting is not feasible.

[cf456] 01/2/2018 10:01

CB sounded very upbeat on this recent podcast:

"Don't need every project to win. Any one of them is big enough and good enough to in actual fact give considerable shareholder uptick".

"Should have very good newsflow over the next 6 months".



If that's any guide then plenty of possible catalysts to drive the price much higher in the coming year.

[nick rubens] 01/2/2018 09:31

Sudden sell off today?

[cf456] 01/2/2018 09:25

Worth remembering how much skin in the game Colin Bird has here.

19.42% according to the website. That's £741k at the current bid. A very large amount for such a small company.

Very heavily committed and totally aligned with the fortunes of shareholders.

So unlike many other lifestyle AIM companies where directors have very little equity, Colin Bird will be doing everything he possibly can to drive the share price higher.

[cf456] 01/2/2018 09:21

Some dip buyers here.

Good opportunity for Mr Packwood to add to his stake.

[cmackay] 31/1/2018 01:05

News would get this up fairly easily now I would expect. I was keeping a bit aside to buy in here if it got to 1.65-1.7 kind of range, but I've put that into ehg now so I am likely to just run with what I have got already now.

[cf456] 26/1/2018 22:46

"The mid to long-term price forecast prospects for zinc are strong and this exceptionally high grade property shows all the potential to be a future contributor to global zinc production."

[cf456] 26/1/2018 15:06

From 9:30

"First of all diverse portfolio. Don't need every project to win. Any one of them is big enough and good enough to in actual fact give considerable shareholder uptick. Reasonably cashed up. And should have very good newsflow over the next 6 months."

[tomboyb] 26/1/2018 15:06

1.7p broken -

quick 3 trades in succession -

I wonder if packwood decides it is low enough to up his stake further -

[cf456] 26/1/2018 15:01

Nice dip buying opportunity here.

[cf456] 23/1/2018 20:27

Packwood went up to 18.35% last time back in 2015 and prior to the big run up last year.



If he's planning to do similar again then his buying will eat up the free float and will help get the share price motoring upwards.

The move in early 2017 shows just what the share is capable of with a favourable wind.

[cf456] 23/1/2018 20:15

Good to see Packwood increasing his stake.

£333k (at the current mid price) certainly a significant sum to have invested in a small company.

He's got a way to go yet before he catches up with Colin Bird though. He's got about £915k worth with his 19.4% stake.

Significant skin in the game and a positive to know that he is aligned with shareholders interests and likely to be very driven to get the share price moving strongly upwards.

[seanlander] 23/1/2018 20:11

Something going on with this packwood guy. Last time he was in this far it hit 10p

[tomboyb] 23/1/2018 11:12

He is taking out quite a bit of stock -

Online there is 1mill available at 1.88p so i presume there is someone offloading a few as well -

[cf456] 23/1/2018 10:53

2 million more shares added since his last TR1.

So the 1 million buy yesterday and the 1 million buy today are most likely his.

[cf456] 23/1/2018 10:51

He is fairly loading up at these prices.

[tomboyb] 23/1/2018 10:25

Packwood now above 7% -

RNS out -

However there seems to be quite a bit of stock available online so do we have a seller?

[tomboyb] 23/1/2018 08:44

Can sell at 1.87p so that seller at 1.8p looks like it wants the share price to tank a bit -

Results due -

[tomboyb] 23/1/2018 08:39

Another 1mill buy just through at 1.9p -

[tomboyb] 22/1/2018 13:55

I agree -

We have a buyer -

1million just bought at 1..93p -

Sellers being bought out at this level -

[nick rubens] 22/1/2018 08:44

Doesn't look like this is coming back down anytime soon.

Zinc drill update coming soon, and I still think there is some value in the huge Concordia copper prospect, which the market seems to have written off at the moment.