G1A 0.00% 5.9¢ galena mining limited

5 Bagger Thread. Fundamentals and Opinions, page-327

  1. 4,240 Posts.
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    Hope everyone is having a nice weekend,

    Volume seems to have left the building (good news), Which lines up with one of the early broker reports target price. They are out I suspect and have let the new pro money lower risk fund buy it up @ ~40c.

    Chart is looking nice for entry - The short down trend has been broken which lines up with seller finishing and volume drop off. New uptrend leg confirmation to prove itself in the coming days/weeks - couple that with some fundamental announcements (DFS, Debt funding, Offtake) should make a good move north this month or next

    Toho has a history of Aus TO’s so possible outcome there if they decide to take the whole project post DFS

    https://hotcopper.com.au/data/attachments/1544/1544990-2ab32b25590de7a81e35f4389d370342.jpg


    Price target still 75c - 85c for me

    as always dyor and imo

 
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