Galway Resources Ltd V.GWY

AGM

[oldtimer42]

I would not hold my breath that a major announcement will occur at the AGM. There will probably only be 20 people there including management. It is not the time nor place to announce anything major. It leaves too much opportunity for folks to rush out and start blogging stuff.

 

My best guess is the most to expect is an outline of future drilling plans and an update on the staus of land claims. They would never admit any contact with prospective buyers. They will continue drilling and increasing resource estimates until we get a buyout offer.

 

Hopefully they will explain the rationale for four months silence and commit to keeping us better informed. If they had done that, we would not have been developing conspiracy theories about a buyout.

[Geef]

You mabe right Oldtimer but here is the BMO loan which would not make sense unless something had been agreed.

[oldtimer42]

I agree Geef. My point is they will not announce anything at the AGM with such a small audience. It would be by way of a press release before, or more likely sometime after the meeting. The cancellation of the first date of the AGM and the lack of news for over four months has us guessing that someyhing is up. Both things are out of character for GWY as they have been relatively consistent with

[Red5Luke]

I think the next catalyst will be getting 100% ownership of the remaining concessions.  Once that is done I believe that will trigger the long awaited SALE.  If Batista is buying Cali (and may be the whole thing) then he would require outright ownership.  Once they tie up Cali with a nice bow then I believe the sale in some form will be announced.  The AGM could come and

[Bruner]

Forget "next catalyst". Why is GWY red today when gold is up $15 and most gold stocks are green? Where are all dreamers anyway?

[Dansul]

As GWY management surprises, they will announce with some very important positive news that we been waiting for. If you read the presentation you will know that AUX is already eyeing GWY and others as well.   GLTA, Dan

[Red5Luke]

I know I shouldn't reply to a basher (which of course he denies) but how do you see the GWY unfolding?  It crashing to zero and going bankrupt?  You don't have any plausible forecasts or comments so just go back to playing World of Warcraft and drinking RedBull in the darkness of your parent's basement.  RJ has a conservative $2.50 estimate on it along

[Bruner]

$2.50 is that a promise?