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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Galway Resources Ltd > 43-101
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Comment by Red5Lukeon Sep 13, 2012 10:07am
229 Views
Post# 20356220

RE: RE: RE: 43-101

RE: RE: RE: 43-101

I still refer to the Raymond James report that set their forecasts of $2.50 based on 1.1 million ounces in Cali (with 80% ownership of concessions versus the now 100% ownership).

https://www.andrewjohns.ca/sites/default/files/GWY_20120126%20GWY%20Initiating%20Coverage%20Galway%20Resources%20Ltd.pdf

Looks like we'll take an initial hit this morning and shake out the week hands over the few days. RJ's is still buying away this morning so as far as they are concerned everything is on track to the $2.50 forecast.

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