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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by cosford74on Oct 21, 2011 11:28am
395 Views
Post# 19170064

RE: GWY

RE: GWYI think a buyer can accumulate 10% of the outstanding shares anonymously before having to declare intention.  I suspect that Batista already owns 1 share less than that threshold. 

Every stock on the venture has investors talking about a potential buyout.  But, with GWY, the impetus for a buyout reach beyond the resource itself.  Batista would benefit simply from owning the land and for designing the mining operations for the VEN property.  At some point, he will be consolidating the whole mountain, including EOM.  With the new change in attitude from the Colombian government, perhaps that time is soon upon us.
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