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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
Comment by bepracticalon Sep 05, 2014 1:03pm
204 Views
Post# 22910301

RE:Okay... I will weigh in... but you all have to respond...

RE:Okay... I will weigh in... but you all have to respond...
I am sure that management is not interested in pulling a deal and wrapping up the Company by distributing $$$ to shareholders. They will be interested in finding a good project and growing a deposit. Colombia, at present, is not a great place to do business but Vetas is a decent project. It appears to me that the current land owners are trying to re-negotiate a new deal and Galway is trying to proceed on the deal that was negotiated 4 years ago. It is difficult to work with disgruntled and greedy landowners......they make a deal and do not want to honour it! Hopefully, the legal system will prevail. 
Bullboard Posts