Galahad Metals

4 projects in Ontario, Quebec and Nevada (Gold, Silver,Copper,REE)

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Message: The Hoov Effect

OK, back from duties!

3) Let's wait and see where the over subscription put us before looking further at this. Robin has proved that there is a new group of investors at the table and that we have some deep pockets. When the time comes to raise more funds, if we are happy at how things are progressing, we will invest more but this does not mean we will throw good money after bad money. If we do not see things progress, we will cut our losses and move on.

4) Redundant, reread #3

5) The share float will be higher than 35M shares fully diluted and that is a consequence we have to live with under the circumstances. Let's see where we are in a few months and make a decision at that time regarding further dilution.

As for pumping, if you read my previous posts, I alluded to the fact that I believe the SP will fall as those that got in for a quick Hoov efffect ROI move on. So no pumping here. There is alot of work to do but like I said, I like a few things here and intend to see this thru.

Glorieux

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