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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by oldtimer42on Nov 23, 2011 10:35am
350 Views
Post# 19261169

Deja Vu

Deja VuIt has been said many times by many contributors that we will remain stagnant on the SP until we get the resource estimates. We will no doubt get the odd upward bounce but the consensus is that this will be the pattern until sometime in Q1, 2012. We may as well resign ourselves to that. Hopefully, our estimates will come close to VEN although in my opinion our ultimate payoff will not be the same unfortunately.The CBJ implications which has GWY now drilling new ground close to the boundary of the two claims may delay the VETAS resource estimate. It may not, but it is very probable that introducing new drilling targets pushes back the final estimate, particularly if bonanza type veins are uncovered.
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