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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by oldtimer42on Nov 04, 2011 2:01pm
326 Views
Post# 19210245

RE: Not just ODD-RE: RE: GWY News..

RE: Not just ODD-RE: RE: GWY News..We have a right to be frustrated but the SP stagnancy could be due to the fact that GWY shares are very tightly held as evidenced by the fact that CBJ has traded over 7 million shares, and routinely traded over 5 million per day after their last press release. I am probably off, but I think about 2 million was our best. Being so tightly held it is tough to get momentum from the day traders. None of us are selling, nor are the Sprotts, etc. It has been said many times on this board that nothing will really happen until we get the resource estimates. Some good news releases and we will creep to $2.00-$2.50. Today, the release was a partial one, so we can expect more on Vetas very soon. Cali is what will make or break us and the next drill results are due any time. We can expect a bounce.
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