Galantas Gold Corp V.GAL

Alternate Symbol(s): GALKF

Metals & Mining Gold

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 approximately 189 square kilometer (km2) license area, which lies 1.5 hours drive west of Belfast, in Northern Ireland. The Company holds approximately seven exploration licenses over an area of around 596.7 km2. The Company holds exploration and developments rights to the Gairloch Project, an approximately 217 km2 mineral license area in Scotland that covers the Gairloch Schist Belt. VMS deposits are major sources of zinc, copper, lead, silver and gold. They often form in clusters in areas of ancient underwater volcanic activity. Its subsidiary is Cavanacaw Corporation.

TSXV:GAL - Post by User

Galantas Gold Corp

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Comment by vraimanton Aug 15, 2006 9:09pm

185 Views

Post# 11231150

RE: All things considered

You have flawed math. In addition, mine estimates were based on bullion priced at 20% less than where it currently is. And i guess you forgot about the retail side of the business. Do some research and reading before you jump to any conlusions or you will miss many opportunities in life

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