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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by Red5Lukeon Jan 12, 2012 9:45am
479 Views
Post# 19395638

Coming soon to a News Release near you

Coming soon to a News Release near you

While we wait lets review what GWY is on the cusp of........

  • Less than 80 days to when the California Resource Estimate is to be released (by end of Q1).  Anybodys guess on ounces but I'd wager min 1 million but more likely 2+ million.
  • A Resource Estimate for Vetas is to be release by Q2.  So by end of June we'll have 2 Resource Estimates..... and a lot more investors and followers.  Real wild card on ounces...they are claiming around 1 million is feasible but they've been hitting new viens, extending veins and now have some high grade veins to explore outside mine next to CBJ so we could have easily over 1 million ounces once calculated. 

Plus++ we have some bonuses that could kick in anytime...

  • A Tung/Moly property with a Resource Estimate in the USA.  Being actively shopped around - could be sold or JV'd which would add to our already well stocked bank account. 
  • A lottery ticket in the form of a coal property JV'd with a major who is in process of exploring resource.  Could pay zero or up to 70 million. 
  • Own land fractions on trend and within Ventana's proven resource.  They'll either have to write us a cheque for these lands or just write a HUGE cheque and take us out altogether. 

 

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