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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

Comment by TiredofWatingon Feb 12, 2021 1:03pm
342 Views
Post# 32553684

RE:Any GLW news????

RE:Any GLW news????The company is pursing legal action against the Colombian govt.  That is a slow process without any definitive time frames (think of who benefits from dragging it out).  The government decided that Minesa has to start from zero with their project.   Eco Oro is still waiting for arbitration.   GLW will just have to wait.   While in the paramo, the area has been producing gold for centuries and supports locals who have worked and managed the environment for years.  It is too bad the govt doesnt recognize this. 

GLW has updated the market in February of that last couple years - with nothing to say except the process continues.   

EOM is expecting a response in the abitration - it is way, way overdue based on the tribunal timelines.   That may act as a catalyst?

And, then the focus here has shifted to Galway Metals (in Canada) where it is doing really well.  
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