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Hi Iky, I got a note from II yesterday playing around with Dummys in either direction. it seems to be when the price is volatile. try ringing up instead, iv done that in the past. sorry to hear you are having to sell at a loss

where's Oil when you need the "ramming the gates" statements to get us through (im superstitious).

but in all seriousness I think next time we test 1p we will push through. looking at the sales at 1p yesterday I think they were automatic. so that got rid of those yesterday allowing us to push through today.......hopefully.

a strong resistance becomes a strong hold I always say. lets see 1p be our next strong hold minimum

trends in the past when we ran up our 100% a couple of weeks ago, this share really has legs when we have a blue morning and then stays blue when the day traders take their bit in the afternoon...... then repeat........ as seen yesterday as well
reported trades on here of buys vs sells 5:1 have made it jump 20-30% in the morning, and iv seen it just 50 -60% in the morning on 10:1 buys vs sells. the day traders then take their bit in the afternoon settling between 4:1 and 2:1 and 25% and 10% up respectively. numbers approx. this is trend for the 100% rise period only. ......no reason why repeating that trend wont do the same

if we have a red morning and then buys in the afternoon its very hard to pull back the downward trend to break even or a few % up as seen the latter couple of days last week.

TW tip for another 100%. Jumped 20% yesterday alone before settling back down to 9%. Following the same trend as last time. Nice tick up each day. No reason why it cant and shouldnt do it again.

https://www.*************.com/views/49047/galileo-shares-have-more-than-doubled-since-we-tipped-them-on-may-1-but-should-still-almost-double-again-and-soon

Thanks Eyesblue, it's good to get some background from someone has been here a while. Let hope we see those final peices. Credit to you for sticking out lth

I have that number on my target also

Fantastic day. Proactive investors article, this is money article, Zak on Twitter, TW, 2 interviews with CB himself in a period of weeks, all saying GLR are heading upwards.....how many more bits of re assurance does it take for the market to realise this is undervalued massively. Let the 're rate continue upwards now to where we truly should be and then news of a liscence coming shortly too for takeoff. Some nice buys in the morning to get the wheels turning in the right direction and roll on blue for the rest of the day from there woth the day traders taking their bit in the afternoon. Same as the days in the weeks leading up to our 100% rise.

you mentioned about getting tipped the other week Phoenix, and here we are today. Any other good news in your crystal ball would be most welcome

tested 1p which im guessing initiated some automatic sells. we'll get it next big push!!!

It was TW who interviewed Colin Bird in the Share conference 2020 the other week and gave a fair balanced questioning, and poked at him to give answers about potential risks and how he's mitigating them. I agree with Tom in his evaluation in the short term.

and there's me thinking it was my "Blue day" post on here ;-)

Rather large spread at the moment. even bigger for large transactions. someone just lost the days rise by putting in a large ish sell so SP holding fine as following the trend I stated earlier

It just shows what this share can do if investors have confidence in the credentials of GLR and where its going. Getting those buys in at the beginning of the day and that sets us off on an upwards trajectory and it stays blue all day. when the sells come first thing it takes allot to turn it back around and only really breaks even or slightly blue at best. This isn't me telling anyone on what to do with their money, I have a LTH plan anyway as this company is worth more than a few quid profit at the end of the day. Just stating the trend that carried us 100% in a matter of weeks. The best chance of a repeat of that is to repeat the trend

Morning all. Excellent article got posted yesterday about GLR

https://www.thisismoney.co.uk/money/investing/article-8331099/SMALL-CAP-SHARE-IDEAS-Galileo-Resources.html

Got lost in the noise on this board with the RNS for SQEP retention. Let's not get away from the fact this company is sat in 72000 tons of zinc at pretty much surface level 1 -60m deep at starzinc and that is not considered in the sp price. The liscence being granted by the hugely in debt Zambian government that owns 5% of that zinc IS coming, that zinc also allows the clean up of the the incredibly toxic stock piles of zinc tailings at Kabwe literally poisoning the locals. The government benefits from a simple liscence 2 fold. It needs revenue for itself, it needs cleanup to secure financial help for its debt and the moralistic view of course . This simple agreement will come. Now thats exciting for GLR

reasons for SP to continue to re rate upwards and increase in the near future

quote from Cateram post:

"1) woefully undervalued,
2) diverse portfolio (more rolls of the dice),
3) I really like Colin Birds strategy of acquiring projects that are already fully explored / calibrated / volumetrically understood (saves huge risk and drilling costs),
4) There is no meaningful extraction / mining risk - unlike most AIM miners, GLR will not have to drill out incredibly expensive mine shafts, or supersized pits, on any of its key projects - the ore in most projects is sat at the surface ready to go:
A. Star Zinc - the very rich ore body is exposed at surface (you actually stand directly on the zinc body) - just dig it out and shovel into trucks.
B. Glenover - Seven years worth of mined material is already stockpiled at surface and ready for processing.
C. Kabwe - The motherload of tailings projects, ie, legacy mined material is sat at surface and ready for processing."

possible reasons for SP not to grow:
there was an RNS today whereby shares were given to employees, at a price we don't know why for a duration we don't know why.

for me ill be sticking with the company credentials and facts and Colin Birds statements he has recently given on his ideas of where the company is going. Rather than making a story out of nothing

This is SQEP retention, so the incentive to stay has to be tangible and give the perception of being worth staying for. 750000 shares is nearly 10k at 1.3p tax free which is hardly an incentive to stay in the company for 5 years is it. therefore 1.3 p will come sooner, but the 5 years is an incentive to see where the SP goes, and is also highly likely the 5 years term is for tax purposes. my company offers shares from pre tax wages and gives free shares in which you can choose to cash in immediately and be taxed on them or wait either 3 or 5 years depending on the type of share awarded to receive tax free.

this is a good thing. when you analyse the distribution of the shares and to who. this isn't an uncommon practice for SQEP retention. CB gave himself and Andrew the biggest share and increased his stake in his own company.....why would someone do that? they want to own more of a valuable thing and know where that company is going. They aren't going Exercise their shares. the remainder is hardly anything. 750000 shares at 1.3p is only a 10k pay out for a director . the reason why people would ever think this is a bad thing is to see a flurry of sales and make the SP drop. but for the average person in the company and even 2 directors at that price its hardly life changing. soooo that leads me to believe that the company is going well above 1.3p

*galvanising steel isn't as lucrative as batteries

I didn't look too much into world supply vs demand because supply usually meets demand approximately. its what that zinc is used for that increases the price of it. i.e galvanising steel is as lucrative as batteries. I looked up that Zinc demand from now until 2028 is due to increase 60% ish that's easy to Google and see projected future demand, Zinc demand for batteries Is set to double in the same time period. so from that snippet you can judge what will happen to the price of zinc as Zinc refinery's will want a % of that end user spending. Zinc is currently 5 x the lead and silver markets and so companies are strategizing for a share of supplying the increasing in demand. Africa's current % of supply is 3.5% and is investing heavily to increase that in the near future to 5%.....I read that in Engineering article regarding a zinc mine in south Africa. if you Google Africa zinc supply increase it should come up. the first few things that come up are how they are expanding south Africa to help meet up coming demand. so In short the demand for zinc is increasing, what the world does with that zinc is increasing in terms of end user value and therefore you can judge what the price of zinc will do. apologies im at work so don't have my notes to hand or links.

I prefer to look closer to home with regards to what will happen with Zambia and Zinc. Zambia is in ALOT of debt and its escalating. this for me will signal 2 things, it will do all it can to start making money (simplistically) i.e give starzinc the mining licence and do whatever is necessary licence wise when its needed for Kah*itu. 2) it has applied for an IMF bailout which will only grant a bailout unless certain criteria is satisfied. i.e the money is used for economic growth, i.e more industry (in our case mining), the money is used to reduce poverty...... there is a huge dump in Kabwe that needs cleaning up. so JLP will be pushed to clear up their tailings causing ill health to the locals as it affects the country on a national scale. this then means our Starzinc ore will be needed in the very short term. GLR can then set the price they want for a decent profit as its needed essentially rather than a luxury to be left until zinc prices go up. on top of that even at these prices the value of Star zinc is still 5 x the current market cap so win win.

Likewise with me

https://mobile.twitter.com/Sharedata12?s=09

although I have had to create a new account so there is nothing on it yet @Sharedata12 if that link doesn't work