Post by
ss1867 on Mar 30, 2011 11:32pm
CHART LOOKS GOOD
Nice orderley buying into the upswing, doesn`t look like your average P & D. Spin out to get shares and hence $$$ in the bank on an IPO = no further dilution of GAX share structure in immediate future...kinda a smart move. High grade gold close to surface with infrastructure, 2 nd phase drilling to start very soon, great news flow to keep investors in the loop...lots of positives here. Add the imformative smartstox interview with a very optimistic CEO saying without hesitation "It`s Galahads turn " Sure makes this gold play look very enticing @ the 15 cent entry level, I guess you have to ask yourself where you see the price of gold going ? Where will Japan get all the money needed for reconstruction...selling off American treasuries that`s where......so where is the American dollar going ? How many more tricks in Bernankes bag ? Not many ! Gold is going higher from here, and if Galahad is right in their assumptions and hits more high grade intercepts with phase 2, well 15 cents will be way back there in the rear view mirror on a faaaast moving vehicle. IMO...looks like a great buy with significant upside here. Get those drills spinning boys, lets capatilize on $2000 gold for later this summer. Sniffing for a 10 bagger here.