Galileo Resources Share Discussion Threads

[turbotrader2] 10/10/2016 11:36

What's the free float ?

[cyberbub] 10/10/2016 11:27

I did say it was the bottom!!

[turbotrader2] 10/10/2016 11:23

Getting some interest back up towards 2p soon IMHO

[nick rubens] 10/10/2016 11:17

Looks like it mught be moving today?

[mogwhy] 09/10/2016 09:20

Just prior to the sale of Gabbs, the company must have been running on fumes.
GLR have a cash burn of around £800k per annum.
With an IP survey and drilling campaign to pay for, the proceeds from Gabbs won't last long.
CB may avoid further dilution with another asset sale, but don't count on it.

[turbotrader2] 08/10/2016 13:06

I doubt it will take that long Colin will sell it long before that imho

[cyberbub] 08/10/2016 10:00

Indeed. Although the sooner the better hopefully :-)Personally I think 10p+ in say 2-3 years, taking into account likely equity fundraising for further copper exploration, or for development of the phosphate project.GLA NAI

[gkp heros] 07/10/2016 16:29

IP work at Concordia can't be far away it might of even started and we also have silverton drilling with Oregon gold. Plenty to look forward to in coming weeks!!!

[cyberbub] 07/10/2016 16:17

For what it's worth, I think we are at the bottom today, and I believe we will start a climb back next week. Might take a few weeks or a couple of months, but I think 2p will be breached if we get a reasonable run of news.No advice intended.

[cyberbub] 03/10/2016 20:29

Remember the market cap here is under £2.5M. The company has enough cash (and maybe more to come from other asset sales) to do a very decent drilling campaign at their huge copper prospect in the next 12 months, plus the prospect of an exciting venture at the massive phosphate project. All seems worth a lot more than £2M IMHO.NAI

[turbotrader2] 03/10/2016 18:40

What is wrong with this stupid share??

[billthebank] 30/9/2016 10:55

Ok I am in now. so where are all the rampers!!!!!!!!!!!

[billthebank] 27/9/2016 09:27

Well that was a great pump and dump Glad I remained with SOLG and JLP. But thanks GKP am now interested in Galileo especially if it gets closer to 1p!!!!

[turbotrader2] 20/9/2016 15:25

Will go blue with next buy

[cyberbub] 20/9/2016 14:27

As I suspected it was a tree shake.Free to move up over the coming days now IMONAI

[turbotrader2] 20/9/2016 13:21

This will multiple this price by end of year IMHO

[cyberbub] 20/9/2016 12:26

Yes I seem to be right, the limits have swapped round, I can sell plenty and not buy many...NAI