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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Bullboard Posts
Comment by oldtimer42on Nov 23, 2009 2:27pm
364 Views
Post# 16514965

RE: RE: 2cats ---

RE: RE: 2cats ---Listen to the King! To get to where they are today, all Ventana had to do is drill the extension of the Greystar veins. It was a sure thing. VEN is overvalued considering they have no formal resource estimate, part of the value is hype. Little upside left for VEN unless they have a killer blow in reserve numbers, still a long way from Greystar's 15 million ounces plus.

The point is that VEN simply continued drilling the GSL vein structure. Lightening can indeed strike twice and it readily appears that GWY is positioned where it will get hit. At least the market and the smart money obviously thinks so.
Bullboard Posts