Galway Resources Ltd V.GWY

Awfully Quiet

[SchiffKnowsBest]

Should be some results out from California and Vetas out soon wouldn't you think?  It's been 57 and 56 days respectively since we have heard anything. 

 

"Drilling is continuing with 3 drills now focusing on expanding the forthcoming resource, drilling in the vicinity of the best previous results."

[cosford74]

Absolutely!!  GWY will release a slough of results soon and send the SP above $2.  We have been consolidating and forming a nice base at $1.50.  Good drill results plus two pending resource estimates should put us on a sustained upward drive.

[Fragman]

unfortunately galway press releases have never pushed our stock like everyone hopes.  I spoke with galway 6 mths. ago about proving up resource and they would not say the resource estimate figure at that time.  what makes us think anything will change today.   all we ,as shareholders can do is guesstimate the resource figure and that will not push us higher. my simple take is

[cosford74]

The difference between now and then is that GWY is due to release a resource estimate for both California and Vetas.  We have seen good drill results and to some extent the market may be expecting good results given our proximity to VEN.  The question of valuation then lies with the ounces in the ground.  Given the drill results to date, it is likely that GWY will deliver a positive

[Red5Luke]

There could be some fireworks pre-estimate if they hit high grades next to CBJ's high grade find.  We are definitely due for some results - almost 2 months now.  I'm betting we'll get something as early as tomorrow and no later than next week based on their past assay release timings.