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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > Quite the beat down...
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Post by cosford74 on May 16, 2012 1:10pm

Quite the beat down...

GWY now approaching critical support on the two-year chart.  Could be the ultimate opportunity to buy the dip.

 

One has to worry about an opportunistic offer at this time.  Imagine an offer with a 100% premium on the existing price.  That would only take us to $1.80.  We all want more than that, but once push comes to shove, GWY could be sold for a song.

Comment by fisherman8 on May 16, 2012 1:30pm
No buyers at $.90, what is that saying. Looks like this stock is headed much lower from here. If GWY management was interested in holding price up, they would be releasing more drill results - surely 6 rigs drilling can supply a steam stream of drill results.  Institutions do not buy stcks on the Venture exchange.  No institition support unfortunately and retail investors have had ...more  
Comment by Dansul on May 16, 2012 2:36pm
Sound like they do not care about the market and what is going on... I guess they already having a deal and they executing it accordingly... I hope what I know is right...otherwise why they hold any good news about the drills! Also I feel we are very close to hear news from them... GLTA, Dan
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