GAL 2.78% 18.5¢ galileo mining ltd

When you think that most companies raise $10-20M after initial...

  1. 508 Posts.
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    When you think that most companies raise $10-20M after initial discovery and GAL already has $8M, I believe they are well set to increase value with the $ they have in the bank by putting down another 20 holes as planned. But you never know. Mineralisation here is thick, consistent and not that deep. With a couple more releases and if mineralisation continues to get better we could easily be looking at a +$500M MC company in a few more weeks. Seems too drastic but history has shown us how quickly discovery stocks can go up (as well as down when they disappoint). I'm holding my shares until I see evidence that suggests to me they haven't made a major discovery...
 
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Last
18.5¢
Change
0.005(2.78%)
Mkt cap ! $36.56M
Open High Low Value Volume
18.0¢ 18.5¢ 18.0¢ $7.534K 41.66K

Buyers (Bids)

No. Vol. Price($)
2 41799 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 150145 4
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
GAL (ASX) Chart
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