Galahad Metals

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

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Message: Re: Market cap
7
Nov 22, 2012 03:19PM

Hopefully GAX goes up with RXX - but that is a big if. I am more worried that GAX has to consolidate its shares before we hit 0.00. I have had one company consolidate the share price kept dropping after the consolidation. I have another in the same situation as GAX - price at 0.01.

These companies need good news to raise the share price, the companies need drill results for good news, the companies can't drill without financing, the companies can't usually finance with 0.01 units.

Doesn't seem like an optimistic scenario for the next while. But I hold my shares........

Gold Looker

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