G1A 0.00% 5.9¢ galena mining limited

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  1. 3,135 Posts.
    lightbulb Created with Sketch. 350
    dudes there is no conspiracy.....just very small volume trade with silly sellers realising small amounts of funds.

    most mining stocks have drifted off on (in many cases) nothing really. General feedback across the mkt is a bit of a buyers strike on at the moment...will reverse...just pick up bargains on the dips

    where Galena is different is it isnt all hopes'n dreams;

    1) tight register
    2) massively undervalued on any metric
    3) permitted and in construction
    4) Funded
    5) simple project, decline, mine, con, sell
    6) upside to come via reserve and offtake upgrades etc
    7) only mid cap base metals project underway in WA/Oz? loads of companies would love to buy it.

    Mkt cap minus cash make the EV of Galena a slam dunk

    so nothing to stress about....if someone sells $10 grands worth at 26.5c then just feel sorry for them.
 
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