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GAL, GALILEO MINING LIMITED
macdtrader
post Posted: Jan 13 2020, 09:53 PM
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In Reply To: macdtrader's post @ Dec 11 2019, 03:49 PM

This should play out much like LEG did pre drilling.
LEG doubled on nothing more than expectation before the discovery hole.
GAL should see 20c plus early Feb and possibly 30c imho into DD drilling.



 
macdtrader
post Posted: Dec 11 2019, 03:49 PM
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In Reply To: macdtrader's post @ Dec 9 2019, 05:02 PM

Very big bids taking out the sheep.
$150k lots. A bit of sideways before launch in to the 20s
Norseman gold results due also another major catalyst.

 
macdtrader
post Posted: Dec 9 2019, 05:02 PM
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In Reply To: macdtrader's post @ Dec 7 2019, 03:32 PM

Tripled my holding this morning on the back of the LEG discovery.
This will bounce into drilling no doubt.

 
macdtrader
post Posted: Dec 7 2019, 03:32 PM
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In Reply To: nipper's post @ Dec 7 2019, 11:22 AM

Didn't trade my holding although in retrospect should have.
Rumours circulating that its 16m of sulphides at 7% Ni which I don't believe but if true will send GAL to the $1.00 party.
Any significant discovery from LEG should see this double in share price.
Bring on Monday.

 
nipper
post Posted: Dec 7 2019, 11:22 AM
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Mentioned here

https://www.sharecafe.com.au/2019/12/06/as-...ight-next-door/

Creasy and legendary !! Enough.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
macdtrader
post Posted: Nov 30 2019, 08:56 PM
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In Reply To: blacksheep's post @ Jul 24 2018, 11:09 AM

The Fraser Range about to get hot.
LEG onto something significant bodes well for GAL.
Next week will get interesting.

 

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blacksheep
post Posted: Jul 24 2018, 11:09 AM
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In Reply To: blacksheep's post @ May 29 2018, 03:15 PM

Creasy firm’s hunt near Nova fuels talk of new discovery
Zach RelphThe West Australian
Tuesday, 24 July 2018 9:24AM
extract
QUOTE
A junior explorer backed by Mark Creasy has ratcheted up speculation he is on the verge of a new discovery in the Fraser Range, after the legendary prospector applied for a new mining lease north-east of the Nova nickel mine.

Although Mr Creasy was coy when asked earlier this month if he had unearthed a new find north of Independence’s Nova nickel-copper deposit, east of Norseman, rumours have remained rife.

On Friday, Great Southern Nickel Pty Ltd — a Creasy Group entity — lodged a mine lease application with the Department of Mines, Industry Regulation and Safety.

It covers a 6135ha landholding of an exploration licence in the Fraser Range.

Galileo managing director Brad Underwood noted the application to convert the leases implied Mr Creasy had identified mineralisation on the underlying exploration tenements.

NSZ Resources Pty Ltd, the subsidiary of newly listed company Galileo Mining in which Mr Creasy has a 31 per cent stake, is in a joint venture with Great Southern Nickel along a strike of the new mine lease application.

While it is not Galileo’s primary project, Mr Underwood was upbeat about the junior’s Fraser Range prospects.


“While we remain focused on our Norseman cobalt project, Galileo is very pleased to have Fraser Range exploration tenements in joint venture with the Creasy Group,” he said.

https://thewest.com.au/business/mining/crea...y-ng-b88905149z



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: May 29 2018, 03:15 PM
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In Reply To: blacksheep's post @ May 28 2018, 08:06 PM

Stunning market debut sends Mark Creasy’s Galileo Mining sky high
Stuart McKinnonThe West Australian

QUOTE
Galileo shares hit 38¢ before falling to 32¢. At 11.10am, they were changing hands for 32.5¢ with 4.1 million shares having changed hands
.

https://thewest.com.au/business/mining/stun...h-ng-b88850351z





--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: JSB  
 
blacksheep
post Posted: May 28 2018, 08:06 PM
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Transferred from the IPO Thread - GAL expected to commence trading tomorrow

QUOTE
Creasy's new IPO - GAL

IGO not the only one taking a stake - Chris Ellison (MIN) and Rod Jones said to be taking a stake also

Independence looms for ASX-aspirant Galileo Mining
QUOTE
The listed miner is believed to have taken a stake worth just under the 5 per cent substantial mark, which is enough to ensure it can keep a close watch on the early-stage cobalt play without committing too much capital.
http://www.afr.com/street-talk/independenc...20180513-h0zzum

QUOTE
Galileo Mining is targeting exploration of cobalt-nickel laterite at its Norseman project and nickel-copper-cobalt sulphide mineralisation at its Fraser Range project.

Mr Creasy – a British-born mining engineer who famously sold the Bronzewing and Jundee gold deposits in Western Australia in 1994 for A$130 million – will be the company’s largest shareholder with a 31% stake in the company post-listing.

The Norseman project lies adjacent to the regional town of Norseman – approximately 720km east of Perth and 189km south of Kalgoorlie – in an infrastructure-rich area of Western Australia.

The project consists of a series of tenements comprising exploration and prospecting licences totalling 276.8 square kilometres in an area centred 13km west-northwest of Norseman.

The Fraser Range project covers two zones of the extensive, 400km long, Fraser Range geological belt which was proven prospective for nickel mineralisation with the 2012 discovery of the Nova-Bollinger nickel-copper-cobalt mine.
https://smallcaps.com.au/mark-creasy-backed...ining-eyes-ipo/


QUOTE
Galileo Mining Ltd (the ‘Company’) was admitted to the Official List of ASX Limited (‘ASX’) today, Friday, 25 May 2018.
Official quotation of the Company’s ordinary fully paid shares is expected to commence at 12:00 PM AEST on Tuesday, 29 May 2018.
The Company raised $15 million pursuant to the offer under its prospectus dated 6 April 2018 (‘Prospectus’) by the issue of 75,000,000 shares at an issue price of $0.20 per share.

ASX Restricted Securities:
28,094,895 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow for 24 months from the date of commencement of official quotation.
3,600,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow for 12 months from the date of issue, being Wednesday, 16 May 2018.
15,000,000 options exercisable at $0.20 on or before 31 January 2023, classified by ASX as restricted securities to be held in escrow until 29 May 2020 being 24 months from the date of commencement of official quotation


Spread & Top 20 Listing
1 * AUST GOLD RES PL 36,861,440 30.62% 36,861,440 30.62% 1
2 * INDEPENDENCE NEWSEARCH PL 5,900,000 4.90% 5,900,000 4.90% 2
3 ELLISON WA PL 5,000,000 4.15% 5,000,000 4.15% 3
4 HOPERIDGE ENTPS PL JONES FAM A/C 3,000,000 2.49% 3,000,000 2.49% 4
5 WADE PETER DAVID WADE FAM A/C 2,500,000 2.08% 2,500,000 2.08% 5
6 J P MORGAN NOM AUST LTD 2,500,000 2.08% 2,500,000 2.08% 6
7 * DAY TIM 1,775,000 1.47% 1,775,000 1.47% 7
8 BOTSIS HLDGS PL 1,500,000 1.25% 1,500,000 1.25% 8
9 * BLAKFYRE INV PL 1,200,000 1.00% 1,200,000 1.00% 9
10 BS CAP PL SHALLARD FAM A/C 1,000,000 .83% 1,000,000 .83% 10
11 SHALLARD B J + DUPEROUZEL SHALLARD S/F A/C 1,000,000 .83% 1,000,000 .83% 11
12 * LOWE STEPHEN JOHN + S L TAHLIA FAM A/C 1,000,000 .83% 1,000,000 .83% 12
13 KATANA EQUITY PL SALA TENNA FAM A/C 950,000 .79% 950,000 .79% 13
14 HAZELDINE SUPER PL HAZELDINE S/F A/C 755,000 .63% 755,000 .63% 14
15 PRECISION OPPORTUNITIES F INV A/C 750,000 .62% 750,000 .62% 15
16 BT PORTFOLIO SVCS LTD WARRELL HLDGS S/F 700,000 .58% 700,000 .58% 16
17 * CARALABEK PL ROCKDOCTOR S/F A/C 700,000 .58% 700,000 .58% 17
18 * HAWTIN DENNIS J + R A KRYPTONITE S/F A/C 700,000 .58% 700,000 .58% 18
19 GTT GLOBAL OPPORTUNITIES 575,000 .48% 575,000 .48% 19
20 * WEST END VENTURES PL WEST END A/C 547,500 .45% 547,500 .45% 20
_____________ _______ ___________ _______
*** Top 20 total *** 68,913,940 57.24% 68,913,940 57.24% _____________ _______ ___________ _______



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 



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