Galantas Gold Corp fka GAL

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downthehatch Free

09/12/12 10:57 AM

Post #14

Mixed news:

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11327489

Planning approval received for underground mine work, but an appeal of the approval for removal of waste rock will delay, and have a negative effect on, current mine output.

Not sure what the "procedural issues" were that are the basis of the lawsuit, but whatever they are, the agency is reported to not be defending itself, meaning the process of approval will need to be repeated for the waste rock removal.

eom7

08/23/12 10:02 AM

Post #13

Re: #12: @downthehatch - I know! Cheaper now than when they had

Agreed.

downthehatch Free

08/23/12 9:58 AM

Post #12

Re: #11: @eom7 - Crazy... that you can buy at .05 today!

I know! Cheaper now than when they had basically NO revenue! And they have a record of doing what they say, and increasing production.
There are, and probably always will be, quarter to quarter fluctuations, due to weather, currency translation, equipment issues, and permitting and regulatory delays. You have to look at this as a long term investment. I have done that, and am up over the long term.
This will be a .25-.50 stock, it just will take another year or so. This is definitely a buy point.

eom7

08/22/12 1:56 PM

Post #11

Re: #10: @downthehatch - I agree-that's why I think we have a

Crazy... that you can buy at .05 today!

downthehatch Free

08/22/12 1:43 PM

Post #10

Re: #9: @eom7 - This Q's profit was a nice surprise... should

I agree-that's why I think we have a short buying window here, before the true value is recognized. Not to mention the long term uptrend in the gold price, which is likely to continue, give all the stimulative money policies both here and around the world.

eom7

08/22/12 1:00 PM

Post #9

Re: #8: @downthehatch - Preliminary results out for Q2 today:

This Q's profit was a nice surprise... should only get better from here on out!

downthehatch Free

08/22/12 11:49 AM

Post #8

Preliminary results out for Q2 today:
Q2 Preliminary results- GALKF

While gold production was down a bit, this could have been predicted, due to the restrictions that were only lifted in June on removal of waste rock from the site. That forced the company to process lower grade material during the quarter.

Positive news, cash generated was up, capital deficit was down and cash generated from operating activities was way up, both from the last quarter, and year over year for the quarter.

PLUS-and this is big: The CEO reiterated his intention to reach 50,000 ounces of gold production a year, and this will be funded by cash generated by current operations. They are making progress on the permitting necessary to expand production, and are laying all the groundwork to becoming a much bigger producer.

GALKF is on track to become a major player in gold, in the stable political environment of Ireland.

Great time to buy, at historically low price, even as the company continues to grow into a consistent producer, and a cash generating machine.

downthehatch Free

07/03/12 10:59 AM

Post #7

43-101 post on GALKF Ihub board:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77188702

downthehatch Free

04/16/12 3:20 PM

Post #6

Re: #5: @downthehatch - Final Results:

And forgot this item:
Cash generated from operating activities after changes in non-cash working capital
2011
$3,339,617
2010
$1,183,905
change:
182.1%

downthehatch Free

04/16/12 3:18 PM

Post #5

Final Results:
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11176410

Nice news:
2011 compared to 2012:
Revenue +38.9%
Costs +20.5%
Net Income +114.7%

Cash on hand +59.3%

Great results-- more to come!!!

downthehatch Free

02/07/12 10:08 AM

Post #4

Q4 production up 255%-- another strong quarter. More $ to continue to fund mine expansion!
This one is going to be a big winner.
I see price tripling from this level in 2012-- and could/should go even higher, if management continues to execute, and some regulatory approvals come through.

Great buy here, under .08!

eom7

08/23/11 10:31 AM

Post #3

Re: #2: @eom7 - News should start to pick up here soon,

.095 - 52 week high... earnings this week.

eom7

08/18/11 12:35 PM

Post #2

Re: #1: @downthehatch - SEE GALKF Board for messages about Galantas Gold.

News should start to pick up here soon, from last PR:

Detailed unaudited financial results for the quarter are expected in the usual timeframe, at the end of August 2011.

Assay results are expected to be regularly announced from September 2011.

downthehatch Free

08/09/11 11:26 AM

Post #1

SEE GALKF Board for messages about Galantas Gold.

GALKF is the US trading symbol-- GAL is the TMX Toronto symbol

Galantas Gold Corp fka GAL

Followers	2	Posters	2
Posts (Today)	0	Posts (Total)	14
Created	02/24/07	Type	Free
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Galantas Gold Corp. -

Business Description: Through its subsidiary, Omagh Minerals Limited, has rights to a 189-square-kilometre prospecting license and associated mining leases in County Tyrone, Ireland. The Company intends to use the gold to fashion an exclusive line of 18-carat gold jewelry. Address: 360 Bay Street, Suite 500, Toronto, ON, CN M5H 2V6 Telephone: (416) 361-0737 Website: http://www.galantas.com/ Facsimile: (416) 361-0923 Email:

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