GAL 3.45% 15.0¢ galileo mining ltd

Ann: High Grade Assays Continue at Callisto, page-52

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  1. 731 Posts.
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    GAL - If its northern drilling delivers more hits AND positive assays

    GAL: Drilling out a PGE discovery

    Current Market Cap: $224M

    Days since Portfolio Initiation: 957 days

    Performance since Initial Entry Price: +409%

    Performance since Jan 1 2022: +449%

    Commentary - GAL is already up 449% in 2022 and has a strong lead to be the best performer.

    GAL already made a discovery which re-rated it upwards, but it also recently announced more new potential discoveries (assays pending) in different locations showing that there is a lot more potential across another 5km of ground

    Two rigs are now drilling, there is a backlog of assays to come before Christmas and lots of scout drilling going on to potentially find extensions or new systems - a couple of excellent results could crown GAL as our top performer for 2022 and hopefully hit that 1,000% rise.

    We also note that the $1.20 placement from July has had plenty of time to be digested, which is usually a precursor to a re-rate higher.









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Last
15.0¢
Change
0.005(3.45%)
Mkt cap ! $29.64M
Open High Low Value Volume
14.0¢ 15.0¢ 14.0¢ $7.121K 48.71K

Buyers (Bids)

No. Vol. Price($)
1 7100 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 6585 2
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Last trade - 10.50am 18/10/2024 (20 minute delay) ?
GAL (ASX) Chart
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