IPO - Galileo Mining Limited, page-17

btw, just to save you a little bit of reading,

on page 76,

the Norseman cobalt project is expected to hold between 10 to 20 million tonnes of cobalt and the cobalt grade is .10 to .12 %,

plus if the grades come in higher then blue sky potential,

now if you go back to page 74, there are two cut of grades,

one cut of grade is 600 ppm, which gives 12.5 million tonnes at o.11 % cobalt and the nickel im not interested in yet, but you can read the nickel grade if you want to,

second cut of grade is 1000 ppm, which gives 6 million tonnes at .15 % cobalt,

note this is for the mount thirsty sill,

now for the mission sill,

cut of grade 600ppm gives a 7.7 million tonne at .11%cobalt,

cut of grade 1000ppm gives 2.8 million tonnes at .15 % cobalt,

in my opinion if these are the worst case tonnages and grades then there can only be better results when the drill hits the ground,

underestimate and then over deliver, makes perfect sense to me,

so how will i play this when it lists in a couple of weeks,

ill do nothing, lol,

nah this is what ill do,

bell potters will own approximately 25 million shares, they will sell down probably half of there stag profit in the first week and hold the remaining half for the drill results they will probably bag out and then they will get free carried over until a take over by IGO, IGO takes them over at $5.00 per share, ( im rubbing my hands together already)

the mums and dads who got the $2000 k parcel of shares and that will be every single one of them, btw, will probably sell out for the stag profit in the first week or so as well,

so most of the mums and dads will be hi fiving at doubling their money and walk away for the next IPO,

but most of the mums and dads who have some brains wont sell at all, because they know that they dont want to miss the next SIR, because most of them did miss the first SIR, they may get a second chance this time round,

any way, traders will hit it for at least the first week until the novelty wears of, theyll move over to the next one, theyll be back when the volume and price increase which will signal to buy back in and then its boom baby,

but you want to know what im going to do, dont you,

bloody hell if i told you what i was going to do then i would be giving my strategy away for free, i cant do that, lol,

nah, ill buy on the day it opens and plan to double my money inside 3 days, then ill sell out and keep it on my watch list and monitor it every day until the drill results start coming through,

pretty exciting month coming up,

all the best guys,