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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by ZIMARon Apr 17, 2012 1:48pm
267 Views
Post# 19803633

RE: RE: RE: RE: While we wait..........

RE: RE: RE: RE: While we wait..........

Hi Atheena.

 

Gwy has indeed some serious problems with information on the dalay of producing a timely 43-101 Report. The resons must be, in my oppinion, important or the management  would not risk of not being transparent. Delay itself is at this time rally not harmful since the season for Buy-outs is prsently not in vouge, whereas the drillings are in operation providindg more than exccelent results.

It is possible that the disputed and unpaid installment for the negotiated land parcel is making them unconfortable to deal with, espetially if two opposing legaal positions do exist. Unfortunately the management cannot publically discuss if the matter is in court or in a negotiation stage. In either case could present complications in any Buy-ot negotiations.

I might be completely wrong but can not explain why GWY SP is loosing so dramatically just before a so long expected  defining Report..  

 

warmest regards

 

ZIMARU

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