Galahad Metals Inc

Galahad Metals 4 projects in Ontario, Quebec and Nevada (Gold, Silver,Copper,REE)
in response to mineralfan's message

Hi, Mineralfan:

You wrote: Well said crazydik,whats to celebrate at 0.035 cents and volume of 5000($175.00).
It can't get much worse, can it?

Here are a few wise words from MINEWEB:

"....Greenfield (GF) - early stage exploration - the most upside (and by far the greatest risk) comes from buying a junior when they are exploring and make an initial discovery. Great drill assay results can send a juniors share price skyrocketing. The reverse can also be true. Junior explorers, the greenfield plays, are the riskiest plays by far. Strike out on assay results and it could be goodbye to a share price rise for a very long time - till the company finds another project they can work on. If you're buying into this kind of play make sure the company has another fallback project in its portfolio..."

So what if our SP is at $0.035 and volume was 5000 ($175.00)? We have been there before, 4 cents in 2010, basically broke. To take heart, one should re-read some of the more glorious postings of earlier this year.

Our present situation may be precarious, but not hopeless

Wake me up at 1:10 reverse split.

Cheers, and Happy New Year.

durban1

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durban1
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agoracom administrator
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Galahad Metals Inc
Symbol
RHX
Exchange
CSE
Shares
89,911,212 FD, Mar.24, 2011
Industry
Metals & Minerals
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