All I know is that nearology plays are even more high risk than...

All I know is that nearology plays are even more high risk than the original 'discovery' once the hype settles and they are trying to define a mineral resource.

SIR, as MB often refers to, was my lesson here. I stuck with the right management and backers as SIR went on to become a tier 1 asset while every other nearology spiked and tanked.

These types of finds are so lucrative because they are so rare.

Brad stated in his discovery hole announcement to the ASX that GAL owns 90% of the prospective land, so any thought of buying in to the nearologies was quickly dismissed for me.

Having said that, there is no gloating as even GAL is still high risk until drilling confirms management's belief.

However, I am comfortable trusting GAL's low key and methodical approach.

Milesy