G1A 0.00% 5.9¢ galena mining limited

Ann: Galena Raises $20 million and Updates Production Guidance, page-219

  1. 269 Posts.
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    Fair enough, but then what return are people seeking for that upside to materialise? If you are a buyer what do you want to see in terms of return for taking the plunge on G1A. I'd have thought multiple bags at least. Even if the "right side of the bell curve" kicks in, does that produce a 20-30c share price? Seems a massive stretch. Thus I'd have thought anyone banking on RHS bell curve might be looking to enter at more like 6-9c and hope it pops to 15-20. Jumping in at 11-12 seems a pretty epic punt / leap of faith.
 
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