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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > Odd As Well
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Post by SchiffKnowsBest on Aug 28, 2012 8:27am

Odd As Well

That the EOM news comes out just in time for them to go ahead with their meeting?  Quite the coincidence don't you think?  Now you wouldn't think that Batista had anything to do with ensuring that news come out before Galway had to postpone their AGM?  Clearly to me the bidder wanted both assets at once rather than paying  a premium for the other one down the road when it was the only major one left.  They key question is whether the bidder still goes ahead with Galway.  What do we think?
Comment by Donlin on Aug 28, 2012 8:51am
Agree, it is quite the coincidence.  However, with these South American governments you just never know how their game is going to be played out.  Holding out was probably a good strategy on GWY's part.  Of course, as I said earlier, some mgmt issues could have also got in the way.  The fact that there has not been drill results brings another concern to mind.  Was it ...more  
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