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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > Is this the week?
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Post by NaturalCurrency on Jun 24, 2012 9:42pm

Is this the week?

Last NR suggested estimate around the end of quarter. This is the only week left in this quarter. In my opinion, the news of resource estimate would be accompanied by an offer (Cali or Cali + Vetas) & spin off of other assets.

 

We should be very close...

Comment by misty18 on Jun 25, 2012 9:45am
Share price shouts delayed again.
Comment by cosford74 on Jun 25, 2012 5:05pm
No kidding.  GWY has missed every deadline for the past number of years.  No reason to expect this one to be any different.  While the resource estimate could be released tomorrow, the middle to end of July is more likely.  And, as pointed out, the SP is telling us that the resource estimate and buyout offer is not coming any time soon.
Comment by HerrAnders on Jun 26, 2012 2:25am
why say´s GWY by the last news again a new deadline what they can not keep? why they do not say for safety 2 month or the next quater . prefer a different new target,than this repeated  lie´s !   GLTA      
Comment by neinstein on Jun 26, 2012 9:38am
from the last press release: We believe our Machuca results will have a positive impact on our resource estimate that we expect to be completed about the end of the current quarter. a·bout  adv. 1. Approximately; nearly:      from northern securites note on june 15, 2012:   Initial resource estimate for California early Q3-2012 so those that read the ...more  
Comment by cosford74 on Jun 26, 2012 10:14am
Right, we all don't get it.  GWY consistently misses deadlines as anyone who has waited for drill results over the last 3 years knows too well.  Also, this is the same managment that missed payment for lands that we now lost.  Did you get it?  Did analysts get it?  Maybe, but managment didn't and now we don't have that land.  Apologists will argue that ...more  
Comment by neinstein on Jun 26, 2012 10:37am
1. i never said "all" don't get it. i said some. 2. you're 100% right about calvista. my argument is that with respect to resource estimates there is no deadline (word constantly used here). there is an estimate. and i do belive the following: given the lack of information and updates and cancelled meetings, i hope that they are putting something together that makes investing in ...more  
Comment by cosford74 on Jun 26, 2012 10:47am
The only "non-apocalyptic" resolution to the GWY/AUX fraction issue is for AUX to purchase from GWY anything from  those lands to the whole company.  Forget the gold that those land fractions hold, just the additional capex and opex to AUX would justify buying GWY at these low prices.  Imagine being a mine engineer and asked to design a mine without crossing, or getting ...more  
Comment by melone on Jun 26, 2012 12:35pm
It sounds like many in here really do not understand the sequence of such deal.   GWY management can't announce any until the buyers deal is done, then they can announce the deal with GWY.   Good day all
Comment by NaturalCurrency on Jun 26, 2012 1:32pm
melone - by buyer's deal, I assume you mean the AUX sale to Qatar? Do you know what the timeline is for that?  
Comment by Pandora on Jun 26, 2012 1:40pm
melone you seem quite confident that there is some deal in the offing. Do you actually know of anything that would confirm this or are you just an eternal optimist that will follow this all the way to the grave harping about some upcoming deal. There has been absolutely nothing in the free press to suggest anyone is even talking and the share and price action suggests just the opposite -- like ...more  
Comment by melone on Jun 26, 2012 2:17pm
"To act the part of the dummy"   So, why you act like a dummy and read my post, just ignore it as we ignore some other like you... if you are not sure of GWY just sell it if you have it which I know you are a day trader and you buy it and sell it every  day.  
Comment by melone on Jun 26, 2012 2:22pm
NC, I don't get much of info about Qatar, but sooner we will hear it from management .  
Comment by Pandora on Jun 26, 2012 2:37pm
"if you are not sure of GWY just sell it if you have it which I know you are a day trader and you buy it and sell it every  day."   melone, my apologies if you took the term dummy personally ... I thought I had directed it at management. Also re your statement above, I have been a shareholder in CNE for a number of years. Have never sold any of my shares (possibly regrettably), ...more  
Comment by Pandora on Jun 26, 2012 2:41pm
oops! sleeping at the switch here. Meant to say I have been a shareholder in GWY for a number of years. That would make it for the right board but I could probably use the same statements for CNE which I'm also in and wondering why at this point in time.
Comment by melone on Jun 26, 2012 3:08pm
Pandora: Sorry if I misunderstand that part of your post, also I need to let you know management sometimes areobliged to follow a certain circumstances.   Also, I I know there are some in here are paid higher price of their life savings and kids school funds to make them some more money helping them in their futures and after some  Negative posts some they ran and sold with losses. That ...more  
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