Galway Metals Inc V.GWM

Why selling with such great news?

[newonboard]

Why selling with such great news? Does anyone know why? Thanks

[gcap1]

stocks in a consolidation that's all eventually it will break out to the upside probably after a retest of the 200 day moving average imo ...lots of insider buying going on  positive imo  ...be patient

[oldtimer42]

There is only one analyst commenting on the stock, Thompson Reuters. They give the stock a negative analysis which is probably the issue. I am guessing they consider it overpriced right now. We just need more positive drilling results. All other factors, including cash on hand are positive Drill baby, drill.  

[oldtimer42]

Further to my comment on the analyst report indicating a negative bias. It appears the analysis was based on pricing. I have attached the Scitiabank analyst report which also states a review of all analysts reports signifies a buy. In any event more drill results will be welcome. https://www.solresearch.scotiabank.com/Fusion/PDFView?FeedId=1581&DocTag=E40F4&VersionTag

[hipfner]

That report requires a client sign-on. Anything of interest that you can transcribe here?

[oldtimer42]

Sorry, Scotiabank will not let me manipulate it at all. It was a typical analyst report with charts and graphs. It indicated CVM is on solid financial ground. It gave GWM a negative rating solely on the grounds the share price was deteriorating. It dropped it from a 4 to a 3. 4 being positive. The report stated two other analyst reports have GWM as a buy rating. It appears the Scotiabank rating is

[oldtimer42]

Sorry, they will not let me manipulate or reproduce the report. It was quite basic with charts and graphs. It indicated CVM is on sound financial ground. It dropped CVM from a 4 to a 3 rating solely on the grounds of price deterioration. A 4 rating is positive. It reported two other analysts have CVM at 4 and a buy rating. i have ridden with Hinchcliffe in the past with Galway Resources which

[hipfner]

Thanks for that effort. I also own Galway Metals as a result of the G. Resources sale. There should be news later this winter as it does appear that drilling continues. And it is pretty weird BNS downgrading a stock based on price action. It's probably drifting down because of the dearth of news.

[newonboard]

Hi, could you tell me what CVM stands for please? Thanks

[oldtimer42]

Sorry, posted to the wrong board. CVM is CVR Medical. It is in the dumpster!

[oldtimer42]

The analyst comments I posted were in fact for GWM, no idea why I stated it was CVM.