Short term down but very good for longer...Price will head down for a short period but I believe in the longer term it removes some jurisdictional risk.
Adds a decent property while metals are down. Galane is heavily insider held and they are not concerned about the price at the moment. So we may have to suffer a little longer but if by the summer gold and silver are flying again the price will be much better.
Oh well Patience.
https://money.tmx.com/en/quote/GG/news/6440817288742025/Galane_Gold_Ltd_Announces_Proposed_Acquisition_of_the_Summit_Mine_in_New_Mexico_C90_Million_Private_Placement_With_Lead_Order_From_Palisades_Goldcorp