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Galleon Gold Corp V.GGO

Alternate Symbol(s):  PNCKF

Metals & Mining Industrial Metals & Minerals
Galleon Gold Corp. is a Canada-based advanced exploration and development company focused on the West Cache Gold Project in Timmins, Ontario. The West Cache Gold Project is located approximately seven kilometers (km) northeast of Pan American Silver’s Timmins West Mine and 14 km southwest of Newmont’s Hollinger Mine. The land package totals approximately 10,370 hectares (ha) and consists of a mining lease, mining licenses of occupation (MLO), patent claims and mining claims. Its Golden Trove Project is a high-grade gold-dominant vein system. It is located approximately 27 km southeast of Boise, Idaho. Golden Trove private property consists of about five patented mining claims covering approximately 22.4 ha and another seven unpatented lode claims covering about 52.6 ha located on Forest Service administered public lands. The additional properties in the Company’s portfolio include Eastford Lake, Golden Harker, West Cache Ogden, and West Cache Price.


TSXV:GGO - Post by User

Galleon Gold Corp > Don’t know why this is going up
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Comment by cookhouseon Oct 04, 2024 4:16pm
79 Views
Post# 36253865

RE:RE:RE:Don’t know why this is going up

RE:RE:RE:Don’t know why this is going upThanks, Jim.

The permitting process takes forever. Believe it or not, even the Department of Fisheries gets involved.

Canada Nickel on Hwy 655 has been in a very similar waiting game permit-wise. They just announced a new step forward: 
https://www.prnewswire.com/news-releases/canada-nickel-begins-submission-of-federal-impact-statement-for-crawford-nickel-sulphide-project-302266071.html

They filed their application just before Galleon.

Galleon announced last month that parts of their application were approved, which accounts for some share price movement. The price of gold hasn't hurt either.

I suspect someone knows they are close to getting full approval like Canada Nickel, and jumped in now.

All positive signs, but it drives me nuts not having more details. If I was Columbo, I'd be on tv.
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