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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Post by Red5Lukeon May 09, 2012 11:10am
307 Views
Post# 19889550

Question still remains

Question still remains

Great news release (on bad market day) but the question still remains - why no results for HALF a YEAR?  At a minimum you would think the infill drilling results would of been released? 

 

They could of released the Machuca results separately and then announced because of that they are holding off on the estimate to include the additional ounces from new discovery.  I think something else in the background is still brewing otherwise the results would of been released as received.  No way the lab just dumped 6 months of results on them all at once. 

 

Also I wonder how the new zone will affect TD's share price estimation?  Hopefully they crunch the new information and update their forecast.  You would think it would have to put it up over the $3 mark at a minimum.   

 

 

 

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