Galan was forced into a Trading Halt by ASX due to a speeding ticket, not to announce drill results, which they still haven’t done, they simply gave an update to hole #1, and we’re almost forced to give an update on hole #2 due to the ASX query.
Do you think any company is going to want to takeover a company that has one drilling result? Once we can prove the resource with a few more holes, it will start to get some serious attention, and even in this market/lithium sentiment, we won’t be <$60 million market cap.
I’ve been holding Galan for nearly 1 year, and find it hard to post due to time constraints, but it’s time to start calling out the bullshit currently being spread by a few posters.
They announced facts on Monday (192m @ 802 mg/l LI), that’s all you have to worry about.
Ann: Drilling Update, page-171
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