GAL 0.00% 16.0¢ galileo mining ltd

GAL - If its northern drilling delivers more hits AND positive...

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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 trade - 14.07pm 18/09/2024 (20 minute delay) ?
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