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GLR

Galileo Resources pins its faith on Nevada prospects

Having newly raised £375,000 at a depressed 1.2p to pay licence fees on its gold and copper projects in the south of the US state of Nevada, AIM dog Galileo Resources (GLR) still feels unloved by the investment community. Yet the company, whose shares have fallen from more than 30p four years ago to a 12-month low of 1.25p in dire gold and copper markets , could be sitting on ‘a new Carlin Trend’, declares Colin Bird, executive chairman and 35% shareholder.

By Robert Tyerman | Published 2015-08-08 01:03:55 |

Galileo Resources at 1.25p – worth 2.8p?

Okay this is a note from a house broker so pinch of salt time, but an implied upside of well over 100% for shares in Galileo Resources (GLR) is worth checking out. And, given the recent sharp spike in the share price at Jubilee Platinum (JLP) it could be argued that the chairman of both companies, Colin Bird, is on a bit of a roll.

By ShareProphets | Published 2015-08-05 01:51:51 |

Zak Mir's Bulletin Board Heroes - Featuring African Potash, Amur Minerals, Amphion Innovations, Galileo Resources, Vast Resources

Featuring African Potash (AFPO), Amur Minerals (AMC), Amphion Innovations (AMP), Galileo Resources (GLR), Vast Resources (VAST)

By Zak Mir | Published 2015-06-14 23:34:15 |

A new star for Galileo

Colin Bird, the entrepreneurial small mining company player heading Jubilee Platinum (JLP) and several other concerns, has signalled what he insists will be a rewarding fresh stage in AIM-quoted Galileo Resources’ (GLR) development. He has added gold copper in Nevada to Galileo’s present key asset, the Glenover phosphate and rare earths project in South Africa.

By Robert Tyerman | Published 2014-02-07 07:39:16 |

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Recent Comments

TOM23 Sep 2026

Not blocked any of his postings , i think they speak for themselves

Letter to Baker McKenzie – the Police would like to speak to Paul Mathieson

BAGHOLDER7923 Sep 2026

Good article, Tom. As we know, paid promotion is always a bit of a red flag, and while I was aware that Medpal had paid spivs like Richard Gill and for research reports and had done a couple of interviews with Zak Mir, I wasn't fully aware of the extent of their engagement with the loathsome Mir. I also wasn't aware that Medpal was engaging Twitter rampers, who have presumably either taken undisclosed payments or potentially own the stock, as you mentioned. However, the biggest red flags to me are the history of the Drummond Brothers and the company's reluctance to provide meaningful updates on its cash position or (presumably lack of) profits. I see that Jason Drummond is happy to blather on about revenue growth in the pharmacy arm, but from what I can see, there has been no update on operational cash burn since the March annual report, where cash burn was allegedly £4 million/year. One would assume that cash burn is now significantly higher, considering the company has seemingly burned through approaching £8 million (perhaps £7.5 million net) raised through the April and July placings, hence the latest placing. I cannot say I can remember many other companies which have raised funds on 5 occasions in 10 months, almost immediately after floating.

Who is pumping Medpal AI and why?

Lloyd23 Sep 2026

Has he stopped making posts on this website or are you just not letting them through?

Letter to Baker McKenzie – the Police would like to speak to Paul Mathieson

TOM23 Sep 2026

https://youtu.be/WOw3EDawJh4?si=NddyHNGHlOT4N39i

Paul Mathieson writes…

EXEOST23 Sep 2026

Remember the Frank Muir advert for a famous chocolate? I don't know why that's just sprung to mind. LOL.

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TOM23 Sep 2026

I could put you in touch with AR if you drop me an email

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YIANNOS1123 Sep 2026

Has got some serious issues this kid!

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RIZZLE12323 Sep 2026

Hey Tom Genuine question , I’ve been looking more at PBX and am more inclined to want to have a bit of a decent position here -> not large enough to warrant an individual approach to opti but I wonder if there were enough on this board who could offer some liquidity to opti for some cheaper PBX stock vs what I imagine will be a hefty discount if placed out through Reynolds Is this something that’s possible if we had enough interest ?

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