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

Bullboard Posts

Post by BlindBoyon May 05, 2007 11:04am

263 Views

Post# 12730978

patience and perspective

I agree that it would probably be shortsighted to dump your shares in the mid-20s, abe. Smithgee has been buying up stock in the low 20s; a while ago he was doing the same with OYM in the 40s and low 50s. OYM offers an parallel of sorts. Like GAL, OYM has lots of shares out; they went into smallscale production last year, but following the onset of production the stock price went into a steep decline. Take a look at what has happened during the interim: (I've got a sizeable position in GAL, I'll maintain patience. They're lousy at PR, but I believe the mine will be a winner, and I'll be very interested in the onset of Galantas Irish Gold trinkets and jewelry). OYM