Galileo Resources Share Discussion Threads

[excellance] 20/1/2021 15:03

Probably a bit worried that another round of placings, options and warrants is only a few months away.

[the skipper] 20/1/2021 14:52

Some profit taking on this morning's rise but buyers are back in force now with 4 v 2 on level 2, so playing out exactly as one would expect and consolidating nicely ahead of news.

[bennyg83] 19/1/2021 19:02

Great thanks for the information guys. Is this the best place for updates and information? I’m always keeping an eye out on here. If you know any good sites for more info it would be great if you could send me some. Thanks again

[the skipper] 19/1/2021 18:51

I would just add that the sector is on fire at the moment. Just look at the chart for ORR by way of example. I've made a packet on that stock yet it has re-rated without any news of substance since the rise started. On the other hand GLR has had a bit of a news vaccum too, but it has three potential sources of imminent news, each of which could lead to a significant re-rating. That is why the smart money is getting in here now.

[gowski] 19/1/2021 18:21

Benny, from LSE today...hairydaveyPosts: 3,367Price: 2.25No OpinionRE: Can anyoneToday 15:24There are 3 nice pieces of news which could drop at any time here. Any one of them could add 1p double the share price or even more depending on how good the news is.1 is a licence which gives us the go ahead to sell the Zinc we are sitting on which brings instant revenues to the business.2 is a survey from a hugely popular cobber belt which already has huge discoveries3 is a potential sale of an asset we have Glenover (in full by the sound of a recent RNS as one buyer is sniffing around the entire asset to snap up)

[bennyg83] 19/1/2021 17:29

Hi I invested a couple of weeks back and am new to this. What share price are you guys hoping for in the next 6 to 12 months?
Thanks

[the skipper] 19/1/2021 16:42

Very strong buying going into the close and an uncrossing trade at 2.3 bodes very well for tomorrow imo

[the skipper] 19/1/2021 16:01

Robers, XTR starting to tank now as expected and the sensible money is coming in here. 3 market makers on the bid now and just one on the ask. 3 large trades just reported almost bank on the ask, two of which could be a bed and ISA or rollover, but nice nonethelss.

I said it was coming but a long way to go yet imo.

[tonyevo256] 19/1/2021 14:47

I think they make sheep out of it....lol

[bullster] 19/1/2021 14:36

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Tonyevo256,

Woolomite!

lol
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[robers98] 19/1/2021 13:18

Skipper needs a lot more XTR money to move over here, to get a rocket under it.

[tonyevo256] 19/1/2021 13:04

Yes I invested here because of the near term earnings via the JLP connection...GLR will supply high grade zinc ore to JLP to process I guess at a toll rate..GLR are waiting for a small scale mining licence once granted apparently the ore is near surface so mining it will be cheap..there is also something called woolomite but not sure about the plans for that. I also believe in Colin Birds abilities to exploit the copper resources in Botswanna..

[the skipper] 19/1/2021 12:47

2 market makers on the bid at 2.1 now. Is this going to see a rise like XTR I wonder?

[the skipper] 19/1/2021 12:14

The ask is being stripped now and the bid has just ticked up to 2p. It's coming....

[bullster] 19/1/2021 09:23

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billyboy2fromiii,

Look at this RNS, it explains .




or this:-



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[gowski] 19/1/2021 09:02

Jees, this is gunna fly soon imo

[billyboy2fromiii] 19/1/2021 05:48

Hi, I see a few of you are here as well as JLP. I’ve had a look after the JLP Zinc comments yesterday. Can any long termer explain how GLR fits into the Zinc scenario etc. I see license is outstanding but what else is needed as JLP are targeting zinc circuit to be complete Q3. Thanks, BB2.

[billyboy2fromiii] 19/1/2021 05:46

Hi, I see a few of you are here as well as JLP. I’ve had a look after the JLP Zinc comments yesterday. Can any long termer explain how GLR fits into the Zinc scenario etc. I see license is outstanding but what else is needed as JLP are targeting zinc circuit to be complete Q3. Thanks, BB2.

[the skipper] 18/1/2021 16:43

Good to see you over here robers. This has a long way to run yet if XTR and my ORR are anything to go by. ARCM too :-)

[robers98] 18/1/2021 15:04

a long way yo go b4 this looks like the XTR graph

[the bull] 18/1/2021 14:22

the xtr effect

[the skipper] 18/1/2021 14:09

And up she goes again with two market makers on the bid at 1.90 and the chart in clear breakout territory.

[the skipper] 18/1/2021 13:54

Bid has just ticked up to 1.85 with two mms now on bid and just one on the ask. News incoming perhaps?