Galway Resources Ltd V.GWY

I will VETO this deal tomorrow

[Bruner]

Eike wants Galway before gold goes to $2600. A year ago GWY was trading at $1.87 and this year at $1.50 just before the offer and on huge volume to keep it down. All that time SP was purelly manipulated by this guy.

[fisherman8]

I hold GWY in two different accts. Had two calls tonight from someone in California urging me to vote for the deal. I said I was undecided. He wanted to called me again next week. No doubt EB manipulated this stock and I have little respect for that type of activity. I am inclined to vote against hoping for a better deal. Batista NEEDS gwy, I am sure RH can do a bettter deal. &

[mjh9413]

 I have said befoere it is a steal but it is still a good deal because GWY were in need of more cash (over and above the $10MM loan guaranteed by AUX and just .imagine a PP at $1.30 back then) and we are being offered $2.05 cash and still keep Vetas (and even Vittorio). Did you see the relatively  small premiums for prodigy and CGA and Prodigy even had a price record closer to the offer

[oakarbor]

Fish, are you the President? If not, you cant VETO anything, except maybe your wife's dinner plans :-) You can vote no but unless you are the majority shareholder in GWY you just dont have that power my friend......

[fisherman8]

Oak, The sale will get enough vote to pass. Just irritates me that EB manipulated this stock just to get it cheap. Remember when it was $.85, many sold and likely lost money , must admitt I had thoughts of selling like many on this board. All this due to you know who - thats what irritates me! He will do the same will Vetas, hopefully Beatty has something to say about that.

[rick1966]

actually it does not take a majority to defeat the proposed deal...anything over a third of the shares voting no and back to the drawing board and likely a better offer.

[ikebalinski]

This post has been removed in accordance with Community Policy

[Dansul]

Most of the shares that gauranteed for YES is 54%, we are helding the rest. They need 67% to pass the deal.  Usually 25% are not available for voting or away or never participate voting for any thing in life.... It is the statistics. So, it is up to you guys if you want YES/NO to pass.   GLTA, Dan

[misty18]

There has been over 50 million shares traded since Oct 19, so there is 50 million yes's right there plus it was stated insiders controlled 50% already.  If you do the math, its a done deal IMO, No one in their right mind would pick up shares @ $2.20 and then vote no for a sweeter offer (except maybe Bruner who is a magnet for losing money)

[SchiffKnowsBest]

But Oak....Remember Fisherman got TWO phone calls....LOL.  Clearly he must lots of power getting TWO phone calls and all. :)  I'd love to go back and pull your deceptive comments Fisherman but you're not worth the time or effort.

[mjh9413]

Don't you have to be the holder of record at Nov 5th to be entitled to vote (going from memory so this might be wrong)...it is those registered/benefiicial holders at whatever the set date was who got the Circular and proxy forms. Do buyers after the holder of record date really get a vote...Most buyers these days are abitraging the cash values (combined about 20 cents on top of the 2.05

[fisherman8]

Yes Shiff, I did get two pone calls.   I own GWY in my LIRA and RRSP accounts. I missed one call and they left a message asking me to call back at 1-866-581-0512. I am not sure if the 2nd call was due to two accounts or the missed call.  I am sure they are calling everyone who owns GWY shares. Anyone else get a phone call?

[$HAWK]

1 phone call yesterday and schedule 1 for next week SHAWK

[andre1309]

I didn't get a phone call, but i did vote in favour on all accounts :) the only thing to do now is figure out where to re-invest... any suggestions?

[fisherman8]

Got another call tonight (from Kimberley in Ontario). She asked if I voted. Also asked if I voted in favor.  She knew the number of accounts that I held GWY in and number of shares we owned. I sense they are trying to get a feel if this resolution will pass.  Anyone else getting these weird calls?

[$HAWK]

Yes I rec'd the 3rd call last nite, this time representing GWY

[drd8]

yikes, never a good sign.  you dont hire these people unless they are not getting the votes.  Could this deal fall through?

[bepractical]

They are covering all bases...........good business sense!!  The deal will go through.

[fisherman8]

Do you think Beatty and his buddies could have picked up a chunk of GWY? If I remember correctly, it was Beatty's position in Ventanna that resulted in a 2nd offer from Batista which was better,  I don't think the deal will fall through, EB needs Cali, if the offer does not pass, then we will see a better offer.

[Wasabi2]

This is not uncommon that they are calling to make sure votes are put in. Has nothign to do with how the votes are going.