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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

Post by TiredofWatingon May 02, 2023 3:43pm
217 Views
Post# 35425903

Does anyone have any idea what is even going on here?

Does anyone have any idea what is even going on here?Its been a while....  Last I recall GLW was looking into legal options in Colombia, but their problem is that their property is in the paramo and the environmental restrictions will trump mining interests.   We haven't heard much since.   

They probably are running out of cash....

EOM had a somewhat favorable ruling in their lawsuit against Colombia but no award has come through.  Not sure there is much hope at GLW for anything at this point.
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