Galway Resources Ltd V.GWY

How to get $4 for Cali

[NaturalCurrency]

With 150M o/s, which scenario is most likely?

3.0M Oz * $200/Oz = $600M

2.0M Oz * $300/Oz = $600M

1.5M Oz * $400/Oz = $600M

What do guys think?

[SchiffKnowsBest]

I'll take combo "C" Natural.    Regardless of what the value is per ounce, I will take a wild stab in the dark and say that California, and the strips running through Eike ville are worth more than the approximate $50/ounce that the market is currently crediting Galway (when you strip out $20mm in Cash, and Vetas (~$75mm)).

[Dansul]

I am sure the mangement are under very high pressure from the investor from one side and the buyer from the other.   Either way, I guess the buyer is leading them under some conditions of the deal to pass.   Also, I been under the same situation 3 times and lost 2 times and won once; the 2 times SSS and one another when sss it went up to over $.55 and in one day after the news went down