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Galleon Gold Corp. V.GGO

Alternate Symbol(s):  PNCKF

Galleon Gold is an exploration and development company focused on advancing the West Cache Gold Project, Timmins, Ontario. The Project is approximately 7 km northeast of Pan American Silver’s Timmins West Mine and 14 km southwest of Newmont’s Hollinger Mine. The Company announced a positive Preliminary Economic Assessment in early 2022; permitting and baselines studies have been initiated in support of a bulk sample. Eric Sprott holds approximately 23% of the Company’s outstanding common shares.


TSXV:GGO - Post by User

Comment by cookhouseon Jun 16, 2024 3:49pm
67 Views
Post# 36091257

RE:RE:GGO - JUNE PRESENTATION

RE:RE:GGO - JUNE PRESENTATIONLet's not forget that their Chief Operating Officer passed away a week ago.That's like a sports team entering the playoffs without their head coach.

They suddenly need an expert in starting underground mining and milling processes, not to mention hiring contractors to do these jobs.

Galleon is a small company without a lot of backup personnel. Barrick or Newmount likely have 100 engineers here and there who could fill that vacancy.They will have to reorganize somewhat and reallocate duties.

I'm sure Sprott called right away to offer assistance. He would have a good pipeline of talent.

Better that they take their time and get the right people before they proceed. Haste makes waste, literally in this case.
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