Galahad Metals

4 projects in Ontario, Quebec and Nevada (Gold, Silver,Copper,REE)

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Message: That was a very good day for GAX

Hi Fantomas;

Remember, we are on just a $ 12M market cap fully diluted with RXX shares worth a minimum of $ 2.5M at the moment and I expect those to increase significantly as well.fantomas

12m market cap fully diluted would also mean 4.3 million additional dollars in the bank from those warrants that would have to be excercised. Our market cap for shares issued is a little over 7 million dollars. When you add in Red Ore and the upcoming IPO I agree we are undervalued on the blue sky potential.

I agree that we held up very well today and the run to .15 was impressive. We are heading into the right market timing and gold is consolidating in the 1600 range. I have heard from several people that there is a lot of excitment around the Abitibi IP we conducted and the future this technology holds. Many eyes will be watching us to see if this new system works as well as claimed. We could be attracting a lot of attention in the coming weeks and if results impress we should also consolidate at a higher range.

I to was expecting a dip today and had that early order in for 500,000 shares at .09.........we didn't even get remotely close so my stink bid went unanswered.

That's a good thing for all us shareholders.

carry


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