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Montauk Metals Inc V.MTK

Alternate Symbol(s):  GAYGF

Montauk Metals Inc. is a Canada-based mineral exploration company. The Company is focused on seeking new exploration projects. Its subsidiaries include Galway Resources Vetas Holdco Ltd. (Cayman Islands), Galway Resources Vetas Holdco Ltd. and Sucursal Colombia and Galway Gold US Inc.


TSXV:MTK - Post by User

Bullboard Posts
Post by nor_easteron Dec 18, 2013 1:50pm
345 Views
Post# 22019056

Galway Gold is rated as the indisputable #1 & Solvista deal

Galway Gold is rated as the indisputable #1 & Solvista deal
Today: Solvista (ranked #2) deal with IamGold: https://www.kitco.com/pr/2941/article_12182013114114.pdf

Galway Gold (ranked #1): https://visualcapitalist.com/plus/blog/five-gold-exploration-companies-that-score-high-in-colombia/

Galway Gold Inc. (TSX-V: GLW) – Score: 85/100

Galway is rated as the indisputable #1 in our Tickerscores system for Colombia with a rating of 85. Through its wholly owned Colombian subsidiary, Galway Gold holds an option to acquire a 100% interest in the Reina de Oro gold concession.

The company has a solid balance sheet with $14+ million in cash and excellent liquidity ratios. Management is putting money in the ground (16.3% of expenses are G&A) and owns 33% of the common stock, which shows management interests are well-aligned with shareholders. Insiders have purchased over $70,000 in shares year to date. With over 80 holes drilled on the Vetas Property, the top intercept looks promising coming in at 11.4m of 15.32 g/t. Using our drill score economics algorithm, Galway receives the third best drill score in Colombia.

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