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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by cosford74on May 08, 2012 2:54pm
230 Views
Post# 19886000

RE: This n that

RE: This n that

There is of course the unthinkable! 

 

Which is....??

 

If GWY is sitting on material information, specifically assay results whether positive or negative, do they not have an obligation to let the market know?  Suppose the holes drilled six months ago showed poor results.  If the market is notified, investors then have the information to decide whether to sell and move on or hold and wait for the next batch of results.  If GWY has been holding off poor results, only to release all 6 months of poor results all at once, then that surely would be against the regulations on disclosures, no?

 

If they are in discussions with a suitor, would it not be better to be releasing positive drill results to run up the share price?  Is it not the role of managment to increase shareholder value? 

 

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