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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by Red5Lukeon Mar 05, 2012 9:44am
433 Views
Post# 19626264

Batista article

Batista article

Good article on Batista and all his ventures including the former Ventana........

https://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/03/05/bloomberg_articlesM0DIVC07SXKX01-M0DMK.DTL

Ventana had reported 3.5 million ounces of gold before Batista took it private in March 2011. In his interview on March 2, he said it had 9 million. He said last month he's in talks with sovereign wealth funds and other potential "strategic partners" to sell a stake, and may also conduct an initial public offering.

"This was a deal that was win-win for both sides," former chairman Warke said. "I think there is a lot more gold there, it's just going to take time to drill it, that's all."

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