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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by SchiffKnowsBeston Nov 12, 2011 10:07am
529 Views
Post# 19232091

Financials

FinancialsFinancial statements should be out for the 3rd quarter in two weeks.  I took a look over the past 3 years and they have been on the Nov 26th, Nov 27th, and Nov 28th respectively. 

I will be interested to see how many warrants have been exercised and how much cash they took in.  My guess is that the warrant exercising will almost cancel out whatever they spent during the quarter.

These guys will still have ~$20mm in the bank and still more money flowing in. 

This is great, as it means they are in the driver's seat when it comes to any type of negotiations.

Colombia is as hot as they come in regards to gold finds right now.  As oldtimer mentioned, their government is becoming more favorable to mining as well.

I could go for some California results.....

Have a good weekend all.



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