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[Bella]

I have posted this as a Spec if I was more experienced I think I would be posting this as a Strong Buy! I have been buying Galore for a couple of months now I have been buying stock between .20 and .23 then every week or so a buyer comes along and buys all available shares at whatever price it takes, as high as .29. So I have of course enjoyed making some nice coin off this. Now this post show how much of a newbie I am, and I admit to it. If I had any solid info, (remember Miles this is the one I had heard a rumour on, and sent you a PM two months ago) I would have shared GRI.V with the group.
This week there have been a lot of rumours about upcoming Assay reports, sweet spots, and Galores site being right next to Canplat which I believe was just bought by Coldcorp. The stock reached a new 52 week high of .34 Tuesday also volumes have been very high 6 or 7 times normal.
Well I think I may have something solid now. I while following up some rumours ended up on Stock House, now I imagine we all have our opinions about that forum. I know I don't trust anything I read there and the entire tone of the board is very negative. The stock is still cheap it went down today and closed at .26. Now this is where it gets interesting. At the bottom of this post I have pasted info of how much stock Troup, Charles, an insider bought yesterday approximately 300K. So group I think I have something here. I have 50K shares so I hope so . Now if one of you more knowledgable then I can confirm this and any of the other rumours.I would love to hear your opinion. I have been extremely cautious as I do not want to mislead anyone due to my inexperience. So what do you think? Is this something worth buying into? I have done as much DD as I can as a newbie and I would really like to share a good find with the group, and maybe payback all the help and tips I have recieved, of course do your own DD and you tell me. Dave

Exch House Bought $Value Ave Sold $Value Ave Net $Net
46 Blackmont 555,000 139,433 0.25 10,000 2,850 0.29 545,000 -136,583

Galore Resources Inc. (GRI) As of November 17th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 21,000
.290
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 10,000
.285
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 45,000
.280
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 93,000
.275
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 19,000
.270
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 12,500
.265
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 33,500
.260
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 7,000
.255
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 55,000
.250
Nov 17/09 Nov 16/09 Troup, Charles Direct Ownership Common Shares 10 - Acquisition in the public market 14,000
.240


Insider Name: Troup, Charles
Insider Relationship: 3 - 10% Security Holder of Issuer
Ceased to be Insider: Not Applicable
2009-11-16 Common Shares 7,960,500

[Bella]

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This article confirms that Galore and Canplats(Now GoldCorp) properties are adjacent to one another.
Stock Market Information | FinancialContent.com

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2008) - Galore Resources Inc. (TSX VENTURE:GRI) announces the expansion of its Mexico gold property in northern Zacatecas State. The claims on Galore's Dos Santos Project were expanded to 12,000 hectares and now lie adjacent to the northern claim boundary of Canplats Resources' Camino Rojo property. Galore's property is located in the historic Concepcion del Oro mining district approximately 35 km southeast of Goldcorp's Penasquito mine.
The new claim expands the property over a north-south trending syncline, which trends south to Canplats' recent gold discovery. The Upper Cretaceous Caracol Formation, the host rocks of the Canplats discovery, is interpreted by the Geological Survey of Mexico, to lie within the sediment covered core of this syncline. Galore controls this entire area and the potential occurrence of the Caracol Formation represents a major target. Galore intends to aggressively explore this geological trend for disseminated gold mineralization, using the Penasquito deposit and Canplats' discovery as models.
Galore recently announced results from two rock sample shipments from the Dos Santos project, which included gold analyses ranging up to 6,542 ppb (6.5 grams/tonne) gold. The program to date includes detailed mapping, systematic hand-trenching and bedrock sampling. Results from a third shipment of samples are expected shortly.
The Dos Santos exploration program is managed by Octavio Gonzalez, Galore's Vice-President Exploration for Mexico. Uwe Schmidt, P.Geo., Vice-President Exploration and Galore's Qualified Person as defined by Canada's National Instrument 43-101, is responsible for supervising the Dos Santos program.
Galore Resources is a British Columbia based exploration company that has assembled a leading group of industry professionals to acquire and explore promising ore deposits with an emphasis in Mexico and British Columbia. To find out more about Galore Resources Inc., visit our website at Home: Galore Resources Inc..
GALORE RESOURCES INC.
Michael W. Byrne, President

[Bella]

hey I'm dying here, I'm sitting on 90K shares and no brains. I have heard a ton of rumours, what I really would like is some kind of informed opinions...please! Thanks Happy trading have a great week end everyone! Dave

[Bella]

Well someone (rumoured to be Charles Troup) came along at 1 minute to closing and scooped all available asks with a bid of 32 cents . If it was in fact him then he bought almost 1 million shares this week. They have been promising Assay results for weeks and they are late. Rumours abound!!! I heard a quotation this week, which I quite like "Good news comes on a freight train, bad news comes on a barge." So anyone have anything to add to this discussion I am having with myself?
I personally feel that with the heavy insider trading, with the stock hitting new 52 week highs and having huge volumes in the last couple of weeks, that there will be a trading halt for news next week. The results will be pretty good or there may possibly be a buy out by GoldCorp who I think would logically want to own the property next to canplats if their is a significant ore body.
Now if this were to happen what strategy would be best to use? I am currently holding 87K long which I call (and this is a new one) the get rich quick strategy . I am of course open to and obviously looking for any opinions, anyone else holding this stock? Thanks Dave

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[Bella]

A new 52 week high at 0.415 very high volume, heavy insider trading, really am I the only one interested in making money on this ? The silence is deafening! I have a long position and I am day trading concurrently, Where exactly is the button you hit to change it from a Spec to a Strong Buy? Hola from Guatemala. Dave