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The issue is though that with a micro stock like CMRS this analysis lacks any real credibility.

Great to see the SP has recovered to the level it was at prior to Eric Sprott exercising his warrants…and in just 2 days. Great stuff and just fills me with even more optimism as to the highs could reach, especially as the gold price is on the upward trend again.

Appreciate it will cause dilution but overall it must be a positive for Eric Sprott to exercise his warrants and injected over 4.6MCAD into the company which will help progress its projects.

Absolutely agree, especially as these are tailings!

By the end of this quarter it is almost certain that Lexington together with its JV partner, Harmony, one of the 10 largest miners on the planet will have submitted a mining application for the Jelani project which has a JORC of 6 million ounces - yes, 6 million ounces, of which Lexington will have a 49% share! Although not guaranteed it is more than likely that the mining permit will be granted given Harmony’s involvement and the planned use of existing infrastructure on Harmony’s existing mine which is right alongside the Jelani project. Forgetting Lexington’s other projects / assets all of which also have tremendous potential, Lexington’s current market cap is the equivalent of 0.1%, yes ONE THOUSANDTH of its share of the Jelani assets. We are looking at a company that could easily multibag in the near future. GLA DYOR

I’d like to think we’ll have one or two RNS’s this month… mining application update, drilling update…perhaps even an update on our US assets…

Apologies, a few typos there…that’s what happens when you type and eat your breakfast at the same time!

A long read but my perception of the RNS is positive. Main points seem to be:

1. Indiana and Andacollo projects were acquired independently of each other.

2. Robert Sedgemore was not involved in board’s decision to acquire the latter (as conflicted).

3. Funds raised in late 2025 have been reallocated between two projects (rather than being used almost solely for Indiana)

4. Progress is being by made with TSXV with some escrow arrangements are to be put in place with parties do whom payments are owed. This seems to be a condition on the transaction being insisted on by the TSXV.

5. The relevant authority has confirmed the mining permit for Andacollo that applied to previous owner will apply to Galantas. This is very good news.

6. Recommencement of trading fly on TSXV expected to happen in Q2.

Https://youtu.be/OYvO1i5-L8Q?si=DXXs96AC1NI5Pmk0

A very encouraging week with the SP just over 15% up despite the market turmoil and the mining sector generally suffering. Also pleased to see the company posting plenty of material on their social media platforms and raising their profile. All bodes well for the coming months as activity ramps up and trading in the share reopens in North America.

Https://x.com/gold_galantas/status/2036858939858444673?s=46

Nice uplift in the SP here today, albeit with low volume. This share will fly on the recommencement of trading on the TSX-V.

Fair play and total respect. I strongly believe though that Galantas will be many multiples of where we are right now in the next 12-18 months. Full value really comes when production is certain or reached and that’s not so far away here given the nature of the Chilean assets purchased. The current metal price blip is not the end of the bull market but literally just that, a blip, due to the situation in the Middle East, the worst of which will hopefully be over soon.

That’s a very good point on the OTC listing. Having 3 markets fighting over these shares - bearing in mind the large proportion of shares that are tightly held - should really lead to a surge in the share price like we saw a couple of weeks ago but on a more sustainable basis.

The company’s marketing seems to have stepped up recently which may be a pre-cursor to trading on the TSX-V recommencing fairly soon. I agree though that it would be better once the situation in the Middle East calms down a little (although goodness knows how long that will be!)

https://x.com/gold_galantas/status/2035012591672594606?s=46

Https://youtu.be/EKGtXqwHOEk?si=ERQiVrvu5qKlAM_6

The plan is for Panther to use Extrakt to optimise recovery rates and I understand they are undertaking the metallurgical analysis prior to the project progressing to production.

Don’t worry - you won’t be tired for much longer because within the next few weeks a fantastic MRE is likely to be announced.

Based on the updated RNS and the average grades the contained metals are worth approx 1.17BUSD or 0.87BGBP. Not bad for a company currently with a market cap of 7MGBP. At less than 1% of the approximate value of the metals, and with a lower risk profile, given these are materials that have already been mined and are at surface, and with most of the necessary infrastructure already in place, the current SP in obscenely low in my view. in a couple of months’ time once more information has been released to the market I suspect it will no longer be. If Carlsberg produced miners with potential Panther would be in its premium range.

Why won’t Panther take this to production. I believe they certainly will.