Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
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.
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