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Bullboard - Stock Discussion Forum Galantas Gold Corp V.GAL

Alternate Symbol(s):  GALKF

Galantas Gold Corporation is a Canada-based company, which is operating and expanding gold production and resources at the Omagh Project in Northern Ireland, and exploring the Gairloch Project hosting the Kerry Road gold-bearing volcanogenic massive sulfide (VMS) deposit in Scotland. The Company's projects include Omagh Project and Gairloch Project. The Omagh Project is situated within an... see more

TSXV:GAL - Post Discussion

Galantas Gold Corp > share price
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Post by stockpunter on Jun 15, 2021 11:15am

share price

Anyone got any insights into why this stock traded nearly triple the PP price, then dropped to 60-70 cent range?  The company is a mystery to me.  Low MC, though and great backers. Might buy some more.
Comment by XStream1 on Jun 21, 2021 8:35pm
Thought I'd join you on the board stockpunter - must be getting lonely out here. Yeah - I think it's just a temporary dip after the change in president/recent announcements caused a good increase. I think we'll see a good increase as blasting and production ramps up - good things take time with this one ;)
Comment by stockpunter on Jun 21, 2021 9:49pm
I bought years ago at 6.8 cents average, then it drpped to about nothing before the share consolidation.  So, I am about break-even at 0.68.. Every project has its risks: price of gold, country-specific problems, and individual mine details.  We might do ok with this one.  MC is very low, even with SP way over the finance price.  Hopefully, we will get some good exploration ...more  
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