Galahad Metals

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

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Message: Christmas is early-Gold at $1800 is here!! EOM

Anonymous came in and sold 161k shares and had another 184k up for sale at 13.5. Someone needed money for something else is my opinion on that. They had a big block that they could of sold all at 12 cents but did not do it. My hunch is they had another play they wanted to get into but only if it did not mean selling GAX below 13. We may see them again tomorrow. What I liked is no one panicked. There was no one else selling except CIBC again with a block of 50k at 14 that was bought out by CIBC. I do not think this was a cross trade. Someone from CIBC has been unloading for a while and now, in the last 2 days, we have a new buyer acccumulating from CIBC.

Again, I have done as much DD as I can, I like my odds here, I love gold, I like how the junior gold index that I put up yesterday are both going up...and I am hoping for some good assays. The visuals were great but visuals have dissapointed before so there is no guarantees here. However,what I like most from here is that from an 8M MC, when you consider Red Ore, we have very little downside from here.

Glorieux

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