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Bullboard - Stock Discussion Forum Galleon Gold Corp PNCKF


Primary Symbol: V.GGO

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... see more

TSXV:GGO - Post Discussion

Galleon Gold Corp > David Russel webinar: Why is the share so low?
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Post by rykyryky on Jul 06, 2023 9:20am

David Russel webinar: Why is the share so low?

Why is the share so low?
There is many reasons obviously  you go into doldrums just before the summer from there you wait for September I guess to  around, but there is one key issue and I am not downgrading flow through financing. Flow through finance groups are great for exploration dollars and we have used a lot of them and what happens after 120 days is those shares come back at you. and if you are not ready for them in the market which recently we were not for we did not have buyers, tha is what happens it hit you on the back side so to speak and it will lower you share price till  those shares are gone from the flow through people so again I like flow through groups I know the are going back and that is why the price goes down a bit. But what you can look at is once we get underground and we are starting to produce gold then that puts us into a mid-tier base instead of being the junior explorationist. We will be the group that is moving  the next mine into production that will light the market on fire. So what I can say it is a good buying opportunity   fo anyone that would like to get in right now.
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