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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > In Denial Boys!
View:
Post by Loiscast on Feb 23, 2012 8:27pm

In Denial Boys!

I have been in GWY for a very long time, follow the board and do not comment often. I respect the view of schiff, jeef, dmuy and oldtimer 42 along with some others. They simply make good sense consistently. Let's not shoot the messenger. Oldtimer makes a very valid observation. EOM is much further advanced than GWY, plus has identified a resource of 2.7 million ounces. We would be elated at a similar estimate. The EOM SP is hovering around $2.30. Do any of you get rich quick guys actually believe that we will rocket past EOM? There is money to be made in GWY but it will take some time. Failing any buyout, which seems unlikely, soon anyway, just hold. In the meantime do not trash well intentioned posts. Did any of you even read the EOM release, I had seen it before Oldtimers post, it is full of good information.
Comment by TommyCash on Feb 24, 2012 8:35am
ECO also has about 40 million LESS shares out.   T$
Comment by Dansul on Feb 24, 2012 8:38am
Oldtimer forgot that GSL I mean EOM is having the chimical problem that they still did not resolve and the comunity arround them in court case. as Red5Luke said "EOM has that Paramo issue hanging around their neck like an albatross", please, let us not start the pain and pages for others it will not be fair. People understand the differences between VEN, GWY, CBJ, ARU and GSL. You do not ...more  
Comment by oldtimer42 on Feb 24, 2012 10:09am
Please do your homework Dan. The EOM work will be all underground below the Paramo. All the problems you cite are behind them. Plus, they have about 40 million less shares than GWY and about $100 million in cash. For the record I hold 50,000 shares of GWY, 33,000 shares of EOM, 30,000 shares of ARU and 50,000 shares of PKL, so I do not appreciate your comments that I am trying to drive down the ...more  
Comment by Red5Luke on Feb 24, 2012 11:13am
I'm not saying oldtimer is wrong when it comes to comparing EOM vs GWY.  Any area play will draw comparisons including share price.  I just think there are a lot of different factors affecting each play that make it hard to make a straight forward apples to apples review - speically on share price.  The Paramo issue is still a big shadow over sites that fall under this ...more  
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