GAL 0.00% 18.5¢ galileo mining ltd

Ann: Massive Sulphides Discovered at Callisto, page-309

  1. 4,723 Posts.
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    SIR was quite different. It was just a huge lump of massive Ni, Cu, Co sulphides. They found Nova and the feeder, followed up by the smaller Bolinger deposit. Then the takeover.

    Unfortunately, despite a load of exploration, no discovery in that area has yet to find an exact match, showing how rare these deposits are.

    From what I understand, GAL doesn't need massive sulfides. Although it would be the cream, consistency of PGE's is what is more important for a Platreef style deposit, such as ours

    They are equally rare, but it is the scale of these deposits that make them so valuable .

    I guess the market is waiting on some higher PGE grades (which may correlate with the massive sulfides) and to prove the scale.

    My opinion only having been in both GAL and SIR pre discovery.

    Milesy
 
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