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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > what could happen to SP if they just sell Cali?
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Post by oakarbor on Mar 17, 2012 5:39pm

what could happen to SP if they just sell Cali?

Could GWY just plow the cash into other projects and the SP wouldn't move much? thanks BTW I have 32k from $1
Comment by NaturalCurrency on Mar 17, 2012 6:03pm
I would like that it be a cash payout to the shareholders. Would not want it any other way. GWY should do a separate financing to work through other projects (Vetas, moly etc)  
Comment by NaturalCurrency on Mar 17, 2012 6:09pm
And the CEO has a couple million shares (maybe less - don't recall exactly). So a cash payout is in his interest as well.   
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