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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by fisherman8on Sep 07, 2012 9:06am
235 Views
Post# 20330579

RE: Drilling put off pending sale?

RE: Drilling put off pending sale?

Unless GWY gets bought for a huge price very soon, its seems to me that GWY needs to do more drilling to increase reserves in both Cali and Vestas. Sounds like there is allot more gold to be found. But to do more drilling they need more cash. Going to to market to raise cash results in more dilution. Really a catch 22 situation. What do you guys think?  Raise cash to increase reserves (make GWY more valuable) or sell GWY?

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