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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by cosford74on Oct 26, 2011 10:39am
293 Views
Post# 19182434

Review

ReviewOverall a positive review. 

Disappointed that the resource estimates have been pushed back (in the last three months nearly every stock I own has pushed back estimates, feasibility, permits).  But, with drills added to the sites, we should see more drill results with quicker turnaround times.  I think this release keeps people informed that the company is actively exploring and not just siting back on the expectation of an offer from Batista.  It could also be a blunt reminder to potential suitors. 

The timing is perfect, too.  GWY needs to close above the $1.50 mark for several sessions to establish a base and not form a technical triple top that some computer algorithm will pick up on an begin selling.  It would be great for ride out the global uncertainty at this level and then run on more drill results. 

Good luck GWY investors!
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