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Galileo Mining

(ASX:GAL)


 

  Our Initial Entry
Price

Portfolio Initiation

5 Day VWAP
After Initiation

Current Price

Our Current Returns

ASX:GAL
$0.247
$0.150
Mar 01 2020
$0.158
$0.235
    -5%

ASX:GAL
Our Current Returns
-5%


Galileo Mining Company Overview

πŸ“‹ About: Galileo Mining (ASX: GAL) is focused on the discovery of base metals in Western Australia. The company is exploring for large scale magmatic nickel copper deposits in the Fraser Range and for high grade nickel-copper-cobalt resources at its Norseman project.

🌏 Macro Theme: Analysts are generally expecting tailwinds for the nickel price due to increasing demand from the electric vehicle industry. The World Bank predicts that Nickel demand is guaranteed to increase by some of the most dramatic figures by tonnes.

Galileo Mining Company Milestones

βœ… Portfolio Launch
βœ…
$5M Cap Raise @ 22c
βœ…
IGO Group Becomes a Substantial Shareholder
βœ… $6.5M Cap Raise @26c
πŸ”² Project Funding 2
πŸ”² Project Funding 3
πŸ”² Unexpected Positive Announcement 1
πŸ”² Unexpected Positive Announcement 2

Fraser Range (Nickel)

βœ… RC Drilling Commenced (Lantern)
βœ…
First Assays (Lantern)
βœ…
Advanced Drill Targets Finalised (Lantern)
βœ…
RC Drilling (Lantern)
βœ… Diamond Drilling (Lantern)
πŸŸ₯ Drill Results (Lantern North)
βœ… Drill Results (Lantern South)
βœ… Drill Results (Lantern East)
βœ…
Further Diamond Drill Targets Finalised (Lantern East & South)
βœ…
Drill Targets Defined (Delta Blues)
πŸŸ₯
Drill Results (Lantern East)
🟧 Drill Results (Lantern South)
βœ… RC Drilling (Delta Blues)

🟩 Assay Results RC Drilling (Delta Blues)
πŸ”² Diamond Drilling (Delta Blues)
πŸ”² Drill Results (DB1)
πŸ”² Drill Results (DB2)
βœ… [NEW] New Drill Targets Identified (Easterly Prospect)
πŸ”² [NEW] Drill Target Refined (Easterly Prospect)
πŸ”² [NEW] Drill Testing Commenced (Easterly Prospect)
πŸ”² [NEW] Assay Results (Easterly Prospect)

Norseman (Palladium)

βœ… Soil Sampling
βœ… Promising Palladium Results from Soil Sampling
βœ… Assay results from soil sampling
πŸ”² Aircore drilling at Norseman
πŸ”² More drill target generation work
πŸ”² New Milestones Added

GAL Investment Milestones

βœ… Initial Investment: @24.65c
βœ… Increase Investment: @23.5c
βœ… Increase Investment: @29.1c
βœ… Increase Investment: @26c

πŸ”² Price increases 500% from initial entry
πŸ”² Price increases 1000% from initial entry
πŸ”² Price increases 2000% from initial entry
βœ… 12 Month Capital Gain Discount
πŸ”² Free Carry
πŸ”² Take Profit
πŸ”² Hold remaining Position for next 2+ years

”Expected Company Milestones” are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. β€œOur investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.

Key

πŸ”² Expected Milestone
βœ… Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
πŸŸ₯ Negative Result
🌎 Macro Event
βš”οΈ Results from Other Company / Project
πŸ”„ In Progress
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added



Our Past Commentary on Galileo Mining


Type Date New Title
Email 09-Oct-2021 $ 0.250 What Happened This Week? Oct-9th-2021
Email 18-Sep-2021 $ 0.285 What Happened This Week? Sep-18th-2021
Email 13-Sep-2021 $ 0.295 Quick fire commentary on the six stocks making progress today
Article 11-Sep-2021 $ 0.295 What Happened This Week? Sep-11th-2021
Article 04-Sep-2021 $ 0.000 What Happened This Week? Sep-4th-2021
Email 31-Aug-2021 $ 0.285 GAL readies itself for next rounds of drilling
Email 28-Aug-2021 $ 0.285 What Happened This Week? Aug-28th-2021
Email 21-Aug-2021 $ 0.280 What Happened This Week? Aug-21st-2021
Email 14-Aug-2021 $ 0.360 What Happened This Week? Aug-14th-2021
Email 11-Aug-2021 $ 0.350 Sulphides intersected - First drill holes test top of GAL’s Sirius-like EM conductor at Fraser Range
Email 07-Aug-2021 $ 0.345 What Happened This Week? Aug-7th-2021
Email 03-Aug-2021 $ 0.305 GAL’s Nickel Drilling Campaign has begun
Article 24-Jul-2021 $ 0.315 What Happened This Week? July-24th-2021
Email 17-Jul-2021 $ 0.305 What Happened This Week? July-17th-2021
Email 14-Jul-2021 $ 0.265 We Increased our Holdings in GAL - while we wait for next piece of news
Email 17-May-2021 $ GAL Reveals Promising Palladium Drill Results
Email 27-Apr-2021 $ 0.290 Our Portfolio Performance from January 1st to March 31st 2021
Email 12-Apr-2021 $ 0.295 GAL Identifies Drill Ready Fraser Range Nickel Target
Email 09-Mar-2021 $ 0.250 No significant sulphides were recorded in this drill hole
Email 05-Mar-2021 $ 0.300 Our Top Two Stocks to Cop a Post-Drop Price Pop
Email 20-Jan-2021 $ 0.280 DOUBLE DOWN ALERT: We Have Just Increased Our Holdings in this Stock
Article 20-Jan-2021 $ 0.280 GAL Ready for Fraser Range Drilling - Starts in Coming Weeks
Article 07-Jan-2021 $ 0.220 Our Stock Picks for 2021
Article 21-Aug-2020 $ 0.315 GAL Just Days Away from Fraser Range Diamond Drilling
Article 13-Jul-2020 $ 0.285 Game Time for GAL: WA Nickel Explorer Set to Drill Advanced Targets
Article 23-Apr-2020 $ 0.235 GAL Drilling Tomorrow – Accelerating in Fraser Range Race to Catch $440M LEG
Article 30-Mar-2020 $ 0.170 Fraser Range Heats Up: $18M GAL Closely Tracking Big Brother $158M LEG
Article 03-Mar-2020 $ 0.150 Is this Mark Creasy Backed ASX Stock the Most Highly Leveraged to a Nickel Discovery?



Galileo Mining Market Data


Latest Article from Galileo Mining

What Happened This Week? Oct-9th-2021

Small cap markets were up and down again this week - some days were red but it seems like there are always new investors still interested to buy waiting to come in the next day.

Articles Related to Galileo Mining

What Happened This Week? Sep-18th-2021

What Happened This Week? Sep-18th-2021

Quick fire commentary on the six stocks making progress today

Quick fire commentary on the six stocks making progress today

What Happened This Week? Sep-11th-2021

What Happened This Week? Sep-11th-2021

What Happened This Week? Sep-4th-2021

What Happened This Week? Sep-4th-2021

GAL readies itself for next rounds of drilling

GAL readies itself for next rounds of drilling

What Happened This Week? Aug-28th-2021

What Happened This Week? Aug-28th-2021

What Happened This Week? Aug-21st-2021

What Happened This Week? Aug-21st-2021

What Happened This Week? Aug-14th-2021

What Happened This Week? Aug-14th-2021

Sulphides intersected - First drill holes test top of GAL’s Sirius-like EM conductor at Fraser Range

Sulphides intersected - First drill holes test top of GAL’s Sirius-like EM conductor at Fraser Range

What Happened This Week? Aug-7th-2021

What Happened This Week? Aug-7th-2021

GAL’s Nickel Drilling Campaign has begun

GAL’s Nickel Drilling Campaign has begun

What Happened This Week? July-24th-2021

What Happened This Week? July-24th-2021

What Happened This Week? July-17th-2021

What Happened This Week? July-17th-2021

We Increased our Holdings in GAL - while we wait for next piece of news

We Increased our Holdings in GAL - while we wait for next piece of news

GAL Reveals Promising Palladium Drill Results

GAL Reveals Promising Palladium Drill Results

Our Portfolio Performance from January 1st to March 31st 2021

Our Portfolio Performance from January 1st to March 31st 2021

GAL Identifies Drill Ready Fraser Range Nickel Target

GAL Identifies Drill Ready Fraser Range Nickel Target

No significant sulphides were recorded in this drill hole

No significant sulphides were recorded in this drill hole

Our Top Two Stocks to Cop a Post-Drop Price Pop

Our Top Two Stocks to Cop a Post-Drop Price Pop

DOUBLE DOWN ALERT: We Have Just Increased Our Holdings in this Stock

DOUBLE DOWN ALERT: We Have Just Increased Our Holdings in this Stock

GAL Ready for Fraser Range Drilling - Starts in Coming Weeks

GAL Ready for Fraser Range Drilling - Starts in Coming Weeks

Our Stock Picks for 2021

Our Stock Picks for 2021

GAL Just Days Away from Fraser Range Diamond Drilling

GAL Just Days Away from Fraser Range Diamond Drilling

Game Time for GAL: WA Nickel Explorer Set to Drill Advanced Targets

Game Time for GAL: WA Nickel Explorer Set to Drill Advanced Targets

GAL Drilling Tomorrow – Accelerating in Fraser Range Race to Catch $440M LEG

GAL Drilling Tomorrow – Accelerating in Fraser Range Race to Catch $440M LEG

Fraser Range Heats Up: $18M GAL Closely Tracking Big Brother $158M LEG

Fraser Range Heats Up: $18M GAL Closely Tracking Big Brother $158M LEG

Is this Mark Creasy Backed ASX Stock the Most Highly Leveraged to a Nickel Discovery?

Is this Mark Creasy Backed ASX Stock the Most Highly Leveraged to a Nickel Discovery?

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