Galway Resources Ltd V.GWY

10 days to go

[WHATisMONEY]

DAVID PESCOD'S STOCKTALK

LATE EDITION

January 13, 2010

VENTANA GOLD (T-VEN) $8.05 +0.43

GALWAY RES. (V-GWY) $1.44 -0.03

VICTORIA GOLD (V-VIT)
.84 +0.07

There’s some interesting drilling results out from some

mining exploration companies today and some of the results

have to be described as spectacular. Ventana Gold for

instance, announces results that are both of a step out nature

and infill drilling, but some of the holes such as 93

metres of 15.8 g/t and 72 metres of 9.7 g/t is the kind of

stuff you can only dream of finding. Which is the good

news of course.

In the meantime, Ventana is locked into this itty-bitty

problem with owners of the property that were quite content

with what they were being paid before, but now that

things seem to be going so well, suddenly want a lot more.

Funny how that happens.

In the meantime, Galway Resources is drilling right beside

Ventana and is expected to announce some drilling results

on their project some time in the next ten days. Suddenly,

those look quite interesting.