Galileo Resources Share Discussion Threads

[soulsauce] 19/5/2022 16:45

Lol that's em TC.

[the count of monte_cristo] 19/5/2022 16:21

Yeah, those two lads who think every company is amazing on the Sunday Boast.

[soulsauce] 19/5/2022 16:06

I would like him to promote his companies on more main stream media than Zak's and the two who state the bleeding obvious on the Sunday Lunch podcast.

[the count of monte_cristo] 19/5/2022 16:02

I'd actually just like to him do a podcast about how he got into the business, some of his stores and how he sees the future of mining 5, 20 to 50 years out from now.

[the bull] 19/5/2022 15:56

Love listening to Colin, Mansfield boy made good

[soulsauce] 19/5/2022 15:50

Yes thanks for sharing, very good listen.

[the count of monte_cristo] 19/5/2022 15:22

Well done if you picked up below 1p.

[axonic] 19/5/2022 15:11

That might explain the sudden interest 🤔

[the count of monte_cristo] 19/5/2022 15:05

Thanks for sharing.

"I see a really big resource between 30 and 50 mt".

I really love these old projects whereby they already have proven resources but due to...

a) lower commodity prices
b) limited exploration
c) exploration completed but done without modern exploration techniques

...they were never exploited or developed, or were developed but missed potentially large areas of mineralization. If you want an example of that, look at Bellevue Gold and where and how they found their outstanding gold project. Now, with modern exploration techniques the likelihood of finding something exciting, commercial and viable is significantly increased.

[the skipper] 19/5/2022 14:49

Interview out on Vox markets:

Not had time to listen to it yet. Maybe this evening….

[axonic] 17/5/2022 18:15

It’s a fascinating subject count and a useful addition to pi’s toolkits. Anything you can do legally to give you an edge is worth looking into.

[the count of monte_cristo] 17/5/2022 12:55

It's funny, today I was reading a book which, amongst other things, tried to answer this question "Why does a good stock decline, even when they release good news?"

The book is all about the psychology of investors, the answer which I have altered a bit in my above post makes sense to me. The interesting things is the book was written almost 100 years ago:) Times change, but people don't, study crowds/herds and you can understand the stock market better. That's my view, anyway.

[the count of monte_cristo] 17/5/2022 12:48

My opinion...

In a weak and negative market good news can/will cause a share price to decline. Why?

On the initial reaction of positive news PI's buy in and move the share price upwards, which creates an opportunity for the sellers to lock in any gains, or sell out while there is positive volume. They may do this hoping to buy back cheaper at a later date or simply to move into cash or to buy another stock which has fallen further and so they release cash by selling out of one stock (which quite often is the better investment) to purchase another stock. Hence why some investors never really make the returns they should do because they sell a winner to buy a mediocre stock.

[axonic] 17/5/2022 11:15

That 1M was mine. Fingers crossed 🤞

[thelung] 17/5/2022 11:12

It's a slightly delayed start at Luansobe isn't it as per the initial timelines? I could be mistaken as haven't checked back.....

[axonic] 17/5/2022 10:56

I’ve also topped up

[the bull] 17/5/2022 10:52

well timed, unlike my purchase last week

[the skipper] 17/5/2022 10:39

A bit of a perverse reaction to a good start on Luansobe and plenty more news to come on a multitude of other projects, so I’ve just had a small top up.

[axonic] 17/5/2022 10:37

Dropped on good news! WTF?

[soulsauce] 17/5/2022 10:22

This market is crazy at the moment. EST yesterday, GLR today.
It really isn't worth investing at the moment. :-/

[soulsauce] 17/5/2022 07:57

Very nice and welcome piece of news.

[gowski] 16/5/2022 18:57

I blame u for everything ;p

[duckham] 15/5/2022 16:34

We should have some news very soon. Great progress being made.
Always taking my own advice, whilst listening to the opinion of others.
I never blame others for my position size or the average share price acquired/disposed at.

Thanks

[festario] 13/5/2022 15:12

It would be nice for a change if Skippy actually DID know what he was talking about. But sadly he doesn't.Because I'm long £25k worth of shares here, unfortunately at an average of 1.28p

[gowski] 13/5/2022 14:52

Im gunna need a bigger truck! xD