Galileo Resources Share Discussion Threads

[the bull] 26/10/2021 10:35

£6M sounds cheap or is that a good deal do you think. Would certainly give us a nice cash boost along with what is hopefully coming in from star. Should see 2p again surely

[the skipper] 26/10/2021 10:04

Reports back from AGM that Glenover has been sold for a net profit of £6m subject to tying up a few loose ends. Comprehensive update on all projects said to be incoming too.

[the skipper] 22/10/2021 07:50

Yes, but why would he exercise right now? We will find our soon enough I guess.

[dafrog] 22/10/2021 07:05

More Colin confetti. 0.6 is ridiculously cheap.

[the skipper] 20/10/2021 08:21

Ah...the perfect storm. Bring it on.

[the bull] 20/10/2021 00:35

Price on way up for little old GLR?

[the skipper] 18/10/2021 11:15

Nice to see some volume here today, presumably on the back of rising copper and phosphate prices. I see that CB made a compelling case for copper in this presentation he did for last week’s meeting:

Waltie has also informed me that a video of the whole meeting should be up on the website shortly.

[the skipper] 15/10/2021 00:37

No worries Mr B. Apparently the event was recorded so we should be able to see it soon enough. With zinc, copper, and phosphate prices all moving north again any news on the projects should be well received and I would think that CB will want to get something out before the AGM.

[the bull] 14/10/2021 23:49

Afraid not, had a busy week and tennis got promoted to the top of my activities. I am annoyed with myself for not going. Looking for feedback myself now. Hoping for some good updates on all of CB's companies soon. Feels like we are in the doldrums

[the skipper] 14/10/2021 22:41

Well did you manage to go to tonight’s event Mr Bull? I can’t find any feedback elsewhere as yet.

[the skipper] 05/10/2021 14:40

That sounds like it’s going to be a very interesting evening Mr Bull. He’s going to be talking about copper a lot no doubt, so it would be good if someone could get him onto zinc and phosphates too.

[the bull] 05/10/2021 13:55

Hope so skip, needs some regular news to keep the price up.

Tempted to get along to this evening where CB discusses all his companies

[the skipper] 05/10/2021 13:25

Hope you can make it Mr Bull as I’m currently in poor health and it’s a long journey for me.

Anyway have you seen this?

If that doesn’t help CB secure a deal on Glenover nothing will.

[the bull] 30/9/2021 10:09

I might go, been a while since any AGM's. Will add it to my outlook and try to keep it free

[the skipper] 30/9/2021 09:35

Well written report today and good to see that the $1.5m has come in from Sandfire. More than happy to support the resolution for Directors to take fees in shares as these will be in safe hands for the multiple news flow we can now expect from the projects.

Anyone going to the AGM? I can feel a trip to London coming on as it’s been a while….

[the skipper] 17/9/2021 22:12

For those who might be new to this stock it is well worth reading the research note from Shard Capital to get an overview of the key projects and the news flow that might be expected:
www.galileoresources.com/wp-content/uploads/Shard-Capital-Galileo-12-7-2021-R.pdf

[the skipper] 16/9/2021 19:19

It’s easy to see a repeat of the rise this had from early January into February happening here over the next six weeks or so if CB keeps the news flow coming, as he suggested he would in today’s webcast.However this time we are rising from a higher base with no fear of a fundraiser so I think Zac’s 2.4p target is a cautious one, based simply on February’s peak becoming resistance.

[petersmith6] 16/9/2021 17:24

Would like to see us above 1.8 by end of play tomorrow .

[the skipper] 16/9/2021 16:36

Couldn't resist having a few more once it started recovering. Can't believe how quiet this board is considering the volume traded today.

[the skipper] 16/9/2021 14:06

Also covered in Zac's TA analysis here:
from 14 minutes in.

Short term target over next two weeks is 1.6, 2.4 by the end of this year.

[the skipper] 16/9/2021 13:46

Interview with CB here:

[the skipper] 16/9/2021 10:55

Lots of profit taking this morning from those who accumulated heavily around the lows (including a few from myself) but I think it’s all done now, well certainly from my own perspective, and I will add back a little should it drop back any more prior to the next piece of news, as it’s still at a discount to the placing price.

[cmackay] 16/9/2021 10:41

Excellent news, lets hope we can see this oversold (imho) share price get back on track

[the skipper] 16/9/2021 09:03

Well that is very nice to wake up to after a good lie in. Volume through the roof and people paying over the ask for size. Well done CB and you can bring on the rest of the news flow any time you like 😁