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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > More dilution to come.........
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Post by rumncokez on Sep 04, 2012 8:13pm

More dilution to come.........

Galway Resources Ltd. closes $10 million credit agreement

 

 

Yet who will be paying the price? If this 10 million for drilling leads bad results,not only does the company have to repay the 10 mill but the investors get stuck with the bill. Will the ceo cover the 10 mill out of his vacation and bonuses?

Will the ceo sell the house and vacation retreat to bail out the investors from dilution?

Will shiffknowsbest help out the investors who he made go broke from cultivating a strategy for profit?

Its a very sad dramatic story for the investors who are evening purchasing shares at these high levels.

Comment by SchiffKnowsBest on Sep 04, 2012 9:20pm
I hate giving you money by responding to your posts but your bash was conceptually terrible this time (you usually have plausible ones) and I had to bury you on it.  Just one post though.....How does your pay structure work if I reply to two of your posts with one response?  Do you get credit for two responses?    Yes....BMO clearly lent $10 million at prime plus a half to a ...more  
Comment by maglicc on Sep 05, 2012 10:02am
" your bash was conceptually terrible this time" You got him big time on this one.   Poor BMO, I wonder  how do they make money?