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Gallic Energy Ltd V.GLC



TSXV:GLC - Post by User

Post by stubbson Apr 28, 2012 1:30pm
568 Views
Post# 19848070

hope yet!

hope yet!

Not sure if wishful thinking or not at this point but MDA states at least $3mill yet to spend on Ossun for testing and completion...see below. I think not a bad price range to gamble....if they hit .40 plus if they dont .14-.16 low. However then it will be reload for the Azer drill. Only a 5 cent gamble which is pretty good dont you thnk!

As at the date of this MD&A, Gallic has approximately $10.4 million of cash on hand. The company expects to

incur further expenditures of approximately $3,000,000 to complete and test the Ossun 2D well

 

Stubbs

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