100% and why I like and what I see in Galway Metals.
Already thinking ahead. Definition drilling required for the PEA, improving continuity, pit optimization, metallurgy.
Good holes and assays are nice but Mine-building evidence is better.
$gwm.v
Interesting news from Teako Minerals $TMIN.CN CEO Sven Gollan and for the whole of Norway!
Norway is on the verge of a large exploration rush in the coming years no doubt..
@skoodyjuice@au_engineer@TheNorthernH On the cusp to move from small ignored gold explorer toward a multi-deposit, multi million oz +antimony, district with Estrades development optionality. Cashed up. Re-rate / $GDXJ outperformance will commence shortly.
1) Galway Metals $GWM.V is one of the few junior gold names that has been in the doldrums, and still down 40% from their recent highs.
It has been a frustrating hold for Galway shareholders, but the setup now looks increasingly cheap on a fundamental basis and relative to peers.
What Galway currently has:
✅ ~C$83M market cap
✅ ~C$13M cash
✅ no debt
✅ ~C$70M enterprise value
✅ 2 Canadian assets
✅ Clarence Stream: 2.26Moz gold resource based on US$1,650/oz gold, with updated MRE expected Q2 2026
✅ Estrades: 2024 MRE, 2026 PEA with after-tax NPV (5%) of ~C$212M in the long-term toll-milling case and ~C$518M in the spot-price toll-milling case, plus DOWA agreement
@au_engineer Its not really "news" either, just more evidence solifideing Clarense Stream further.
The real news are coming with MRE, PEA and DOWAs advancement on Estrades.
Its going alot higher the coming years.
@BorisMacro Likely trades mostly in line with precious metals prices, but damn, copper and zinc are also highly relevant for Estrades. Been buying for a while and not planning to stop at this valuation.
@JarmoFriman Swing-treidaajalle voisi olla mielenkiintoinen paperi, koska liikkuessaan se yleensä liikkuu voimakkaasti ja isolla volyymillä. Myös fundat kondiksessa pitkää holdia ajatellen. Ajattelin katsoa loppuun asti, jos jatkuu samalla polulla. Buyout tai re-rate IMO
👋 News from Teako Minerals Corp. | CSE: $TMIN $TMIN.CN | FSE: $O8U
Teako Minerals Corp. is pleased to announce that its partner, United Minerals Australia Pty Ltd has commenced preliminary work at the National Drill Core Archive in Løkken (📸👇), central Norway 🇳🇴
The work includes historical drill core photography and logging, and is, among other objectives, intended to also support the planning of the initial work on the 5 #copper-#zinc-#silver-#gold projects; Sivilvangen, Mykkelvika, Hellemyr, Klasberget, and Heimdalhaugen in which Teako holds a 10% free-carried ownership interest in the Projects through to final investment decision.
A part of the Company’s in-house geological team was engaged to undertake the core photography and logging activities. The work is being performed on a fee for service basis, as part of the Company’s broader portfolio strategy, which includes offering services on partner-funded projects without compromising the advancement of its main projects.
See the full press release below 👇
#MiningNews #Investing #Exploration #mining #Copper #zinc #Silver #gold
🇩🇪👀News from Teako Minerals Corp. | CSE: $TMIN $TMIN.CN | FSE: $O8U
Teako Minerals Corp. is pleased to announce that its common shares have commenced trading on the Frankfurt Stock Exchange under the symbol “O8U”.
This represent an important milestone in the Company’s strategy to expand its international investor base and increase global market visibility and liquidity, while complementing its primary listing on the Canadian Securities Exchange (CSE), under which the Company's shares will continue to trade under the symbol “TMIN”.
The Frankfurt Stock Exchange provides the access to one of Europe’s largest and most active capital markets, increasing exposure to institutional and retail investors and is expected to enhance liquidity, increase trading volumes, and broaden investor access.
See the full press release below 👇
#MiningNews #Investing #Exploration #mining #Copper #zinc #Silver #FrankfurtStockExchange #DeutscheBoerse #GermanStocks #EuropeanMarkets