leadf
logo-loader
viewGalileo Resources PLC

Galileo Resources' Colin Bird says investors tired of political risk

Colin Bird, the chairman of Galileo Resources (LON:GLR), says investors are growing tired of mining groups focused on regions with high political risk.

His comments follow the acquisition of St Vincent Minerals, which has two gold-copper projects in the stable jurisdiction of Nevada.

He says there is “tremendous upside” to the Gabbs and Ferber projects the company has taken charge of as part of the deal.

Quick facts: Galileo Resources PLC

Price: 1.65 GBX

AIM:GLR
Market: AIM
Market Cap: £13.87 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Galileo Resources PLC named herein, including the promotion by the Company of Galileo Resources PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Galileo predicts 'new gold rush' in Nevada

The Chairman of Galileo Resources ( LON:GLR ) Colin Bird, tells Proactiveinvestors that his company is well placed to generate value from what he calls a'new gold rush in Nevada. The company has just completed an all paper deal to buy St Vincent Minerals, which own the Gabbs and Ferber...

on 06/30/2014

2 min read