Galahad Metals Inc. V.GAX

Nevada

[yahearme]

we may be so lucky..........

The vast majority of gold mined in Nevada is tiny - microscopic in size. However a small percentage is large and here is an example of a pan full of gold taken from the Round Mountain Mine in Nye County. Only about 3% of their total production is coarse like this, but even 3 % of all their gold is a large quantity. .

[dontyaknow]

PG is also now in Nevada buying up Saddle gold . Wonder how far they are from GAX holdings. Will they buy GAX holdings ???????? https://watch.bnn.ca/clip314094#clip314094

[nobspls]

I doubt it.  Nothing has been done or reported on the Nevada property for years now.  Last drilling I think was in 2006 with a small number of holes.  Nothing since.  I wonder why if the property is so good.GAX keeps saying they are joint venuturing or selling the property but no interest in years.Looks more ugly all the time.

[dontyaknow]

Your  probably right. Interesting though that PG is heading into Nevada. Just wondering if down the road PG may get interested in GAX property. I know that Ewan and Robin know each other. Gax doesn't seem to have the $$$$ to do the proper drilling. Who knows what might develop. Wishful thinking perhaps.

[nobspls]

Unfortunately, I think it is wishful thinking.  As I recall in 2006, they drilled about 6 holes in NV and got very little wiff of anything.  The story seems to go that they need to drill alot deeper, like 600 meters or something.  At one point there was a big promotional spin on Moly potential.Maybe so, but the deep drilling is expensive and GAX has not got anything done on it in

[xcountryskier]

What a shame. What Gax needs is a New CEO and management team. Someone with credibility to take the bull by the horns and get the job done. A JV would be nice also. One can only hope.

[wtelfair]

This  company is going nowhere as long as Robin is running the show. This man is a big time BSer who will continue to dilute shares and rip off shareholders.  How sad!