Galahad Metals Inc. V.GAX

Real Value starts now

[webgogs]

So it's buying time for real now. The penny tossers have left the scene of the crime and people are digesting the news. We should start to see the real value of the drill results over the next week. A full pp is proof positive that it's worth modeling. After all, those were stellar results. True that a lot of pent up energy existed and people we glad to finally see the light of day. My rough calc on the value of the results is 34 cents. Anything else from drilling should just boost the price. There's no doubt that the gold is there.

[Ahsan]

man i hate this. such idiotic ppl. these traders they just ruin the momemtum. someone sells its not the end of the world. my god. this guy who has 50k shares he is changing from 0.16 to 0.165 so quickly. man i wish someone would just buy all the way to 0.18 and then put 400k extra at 0.18. get rid of all the traders. such idiots. they have no patience whatsoever. go play cbs. thats

[Ahsan]

this 50k guy is really pissing me off. now hes gone to 0.17. one buy at 0.165 and he changes his mind. what kind of an idiot is this guy? he doesnt want to sell and then he wants to sell. what an idiot. the only way to get rid of this idiot is someone just needs to clean him out and bring the price up quickly so he wont have a chance to buy. most likely he would not buy at a higher price.

[rainhum]

Hi Ashankeep in mind that there is strong motivation from forced warrant holders to keep the price below a certain point. For instance, today is the tenth day that we trade and probably close over .12 cents.That means there are warrant holders who must excercise their buy or lose the warrant. The same thing happens at .15 and then upward all the way to .25.These guys don't want to be

[Ahsan]

For instance, today is the tenth day that we trade and probably close over .12 cents.That means there are warrant holders who must excercise their buy or lose the warrantwhich warrants are u talking about. please tell me the date of the news release where these warrants were discussed.

[Ahsan]

i have looked through the last 3 months of news release. yes they did PP and yes they discuss warrants. There was a PP at 0.09 and flow through at 0.11 but all of them have warrants that will allow these ppl to buy shares at 0.15.  i seriously dont think that they will start selling the warrants at 0.16 or 0.165 because thats pratically the same price.  i dont see

[rainhum]

Hi Ashan,These warrants date from some time ago.There are quite a few of them and all are triggered by the sp closing over specific amounts for 10 consecutive days. The first threshold is 12 cents where we recieve about $50,000.00 into the treasury. the next is .15 when we get $350,000.00.you are correct that most ppl want to see a 50% spread but in this case they have no choice. These warrant s

[Ahsan]

here i copy pasted this on stockhouse. i dont need to call mgmt. i can just look at their recent financials. that should be enough. it may not come out so clear so u guys can visit this site. https://www.galahadmetals.ca/st/pdf/financials/2010-Q2.pdf. u sure about the 0.12 forced ones. because as far as i see all 0.12 ones are expiring on august 1 2014. have a look. i dont call mgmt if i own

[Stooge]

Ahsan points to bids appearing then vanishing. I have noticed elsewhere when viewing real time market quotes that bids and asks are repeatedly posted for just a second or so. I never figured what the purpose was.