Galahad Metals

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

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Message: Phase II drilling at Regcourt ...

p.: "huge amount of shares, getting close to 100M" ?

You are joking, right ?

We have 81,718,212 shares outstanding , fully diluted , as of Feb.16, 2011.

That´s neither close to 100M nor a "huge amount".

If we were talking 200M + shares, that would be a huge amount.

More important is the market cap, though, which, at a $ 10M level is VERY low compared to our assets (if they turn out to be what I expect).

So, really, nothing to worry here.

FANTOMAS

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