G1A 0.00% 5.9¢ galena mining limited

G1A - Chart, page-56

  1. 3,230 Posts.
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    BNW it might consolidate or it might run up - I’m not sure yet, it’s all moved by insto money not retail. I see what you were saying about the project development cycle but you have the timing for catalysts wrong. The final re-rate before the boring construction cycle begins is when money hits the bank.. that hasn’t happened yet infact we have PFS and OFFTAKES to move it as well as financing finalisation. G1A will move significantly on those catalysts.

    My guess is most of us got in here lower than you and we aren’t really flip traders so that is cause for the differing opinion

    As for OGX I know the history very well, I was in from 5c to 13c on the last run. It has gold there yes but so far they haven’t shown they can extract it easily. A big SOI and a lot of top down weight that will likely keep the share price from pipping up at all in the ST/MT. The NE Chairman was just moved from his position not long ago I believe - He alone holds about 100m shares and is now free to sell easily. If they configure the plant to maximise recovery, mine good ore downhole, fix the cap structure, churn over the loose hands eventually it might start to move, but imo it aint there yet. I wish you good luck though, I hope I am pleasantly surprised there
 
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