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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 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

Bullboard Posts
Comment by mevanion Sep 10, 2018 3:21pm
63 Views
Post# 28592416

RE:RE:RE:RE:RE:RE:M&A and valuation for Galantas

RE:RE:RE:RE:RE:RE:M&A and valuation for GalantasI agree with both you and Risk.   Although dilution is always frustrating; my thinking is we need money to make money and advance our project further.  The fact that they are raising money prior to the hearing, shows confidence they feel that it will be a positive result (Apppeal).  I too agree with Risk that the pp should have been done at a higher price (We have infratructure in place and are a producer); with the appeal still hanging over; I can see why they are doing at a lower price (Part risk part greed lol).  
I really like management  and in the end; i think we will be rewarded.  It is taking longer than expected but in my opionion; patience will prevail.   

Gtla
Bullboard Posts