Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by Red5Lukeon Sep 07, 2012 10:07am
240 Views
Post# 20331124

RE: RE: Drilling put off pending sale?

RE: RE: Drilling put off pending sale?

At a minimum they are selling Cali but I think there is a very good chance everything will be sold, lock, stock and barrel. 

Either way they won't need to go to market to get $$$ hence the $10 million unsecured loan to get them the concessions and finalize a sale. If they sell Cali only they'll have the money to move other sites forward and if they sell everything definitely no need to issue more shares.  Also drilling has been shifted into Neutral since they are selling and don't need to squeeze any more ounces out of either site.

Less than 2 weeks until AGM and the hits will just keep coming over the days ahead.  Sit back and enjoy the ride.

<< Previous
Bullboard Posts
Next >>