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Montauk Metals Inc V.MTK

Alternate Symbol(s):  GAYGF

Montauk Metals Inc., formerly Galway Gold Inc., is a Canada-based mineral exploration company. The Company is focused on seeking new exploration projects. Its subsidiaries include Galway Resources Vetas Holdco Ltd. (Cayman Islands), Galway Resources Vetas Holdco Ltd. and Sucursal Colombia and Galway Gold US Inc.


TSXV:MTK - Post by User

Bullboard Posts
Comment by Geefon Jan 25, 2014 11:36am
205 Views
Post# 22133724

RE:RE:said differently…

RE:RE:said differently…Hi 49er - I would suggest that your "tough sledding at 0.20" comment is a tad pessimistic at this stage. Given what we can glean from the recent actions of Hinch, who is notoriously tight lipped, I would be very surprised if he did not believe that he could claim 1moz +  in the medium term and who knows in late 2014.
Even with options, there are less than 200m shares outstanding, so, depending on grades and the POG,  a share price later this year some where between $0.5 and $1.0 does not seem out of the question.
Bullboard Posts