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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by oldtimer42on Apr 23, 2012 11:40am
365 Views
Post# 19824275

RE: RE: strong rumours abound

RE: RE: strong rumours abound

Nice try Dejos. I too think expectations are a bit high. We are all awaiting a payday but need to be realistic. GWY is no VEN. GWY is not in a strrong position when dealing with Batista. He does not badly need GWY when he claims he has over 7 million in reserves with AUX. The logical next target for him is EOM with considerable gold reserves and the potential for more if the Government relaxes the Paramo restruictions on them.

 

My guess, and only a guess, is that we are third in line for Batista. A buyout will probably happen but will be hard bargaining if GWY is to get a fair deal. The only other suitor could be Beaty with CBJ wanting to pick up Vetas, but CBJ also is going nowhere right now.

 

I am heavily into GWY and have confidence is a decent payout, but am wary of being too optimistic. This could be a longer haul than we all think!

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