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16.5¢ galan lithium limited

This is a bit against the laws of physics: "the deeper you drill...

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GeForce

1,046 Posts.

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11/03/19

13:12

Post #: 37719765
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Originally posted by 1sharetrader1: ↑

The first hole was a spectacular result ,but that result was near the edge of the GLN claim and close to the current producing majors.
They now need to drill a lot deeper and in my opinion the deeper you drill away from a higher grade area ,ends up resulting in a much lower grade or little brine compared to the main area or trap zone.
In my opinion the next round of drill holes will not deliver enough to make this a viable project as GLN land appears to be mostly outside the economical zone of the producing area.
Maybe IM wrong ,but this stock appears to be much more risky now ,so for that reason my sentiment has changed to sell.
I will post again after a few more drill hole results with my opinion ,not that I think anyone will care.
Good luck holders.

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This is a bit against the laws of physics: "the deeper you drill away from a higher grade area ,ends up resulting in a much lower grade".
Au contraire mon cheri; brine is heavier with higher concentration, so if the palaeo channel is there, and I think it is, I would say the deeper you go the higher the concentration.
It is a huge pool there, we just need to access it.

GLN Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
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Last 16.5¢		Change -0.005(2.94%)		Mkt cap ! $78.20M

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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No.	Vol.	Price($)
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