$ Junior Mining and Exploration $

[NYBob]

$Geodan Thanks; ALERT: Major Developments In The Gold Market
March 25, 2022

https://kingworldnews.com/alert-major-developments-in-the-gold-market/


$30,000 GOLD? Russia Says Certain Countries Will Have To Pay For Gas
Using Gold But This Is The Big Surprise
March 24, 2022


https://kingworldnews.com/30000-gold-russia-says-certain-countries-will-have-to-pay-for-oil-using-gold-but-this-is-the-big-surprise/


Seeking Alpha Report on (GG) (GGGOF) very positive for long investors! )

https://seekingalpha.com/author/larry-hall

Yes BornAgain, here is comment on it:

New Galane article by @Larry Hall;

https://seekingalpha.com/article/4497771-galane-junior-miner-bright-prospects


Here is my comment:

I have a large position and have bot more in the .10s in last two days.

What excites me is currently Galane is a 4 PE gold miner (trailing 12
months), but gold is much higher now and the Mupane Mine related debt
(vast majority) is going away with its sale.

At the same time the Galaxy ore body at the Galaxy Mine has just in Dec
gone into production, and is much lower AISC.
So profits will go way up at the same time that debt goes way down.

Debt is the main thing that is holding Galane back both stock wise and
funding Summit wise.

The main gem Galane owns is the Galaxy mine, millions of gold oz
resources.

Yet all this for just $38 million market Cap! In the future they can be
making more than $38 million profit a year with Galaxy and Summit
going, two low ASIC mines.

The Galaxy mill which is quite new is way bigger than the current
mining rate.
Obviously they plan to grow Galaxy Mine production.

As this mine cross section shows;
https://static.seekingalpha.com/uploads/2021/10/10/535947-16338709121900315_origin.png

they have vein after vein there with tunnel access to all and are
just mining one vein now.

BTW that project just into production had a 1,000%+ IRR, the highest
have ever seen.

Their neighboring mine has found that the deeper they go the higher the
gold grade becomes.

Galaxy has just been mined for decades on the easy upper parts of those
veins.
All the veins are open downward, and they are very wide veins.

Galane may have 5 million oz of gold at Galaxy alone, it has not yet
been drilled deeper.

I suggest readers read Galane's newest presentation and watch video
interviews they have done.
https://www.galanegold.com/_resources/presentations/corporate-presentation.pdf

https://vimeo.com/340191652?embedded=true&source=vimeo_logo&owner=392495

CRUX interview

Thanks again for the article. Will spread it around.

Cheers

$In GOD We Trust - Real Money - AU Safety 6000yrs )



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Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

https://www.usdebtclock.org/

God Bless