Check out this little gem written on January 4th in an interview between The Gold Report and Brent Cook:
TGR: Does a mine need to come into production and be successful before valuations go up in areas like Colombia, where there's a lot of exploration but not much coming up yet?
"BC: I was looking at the share prices of a number of companies that jumped into Colombia and put out initial results that many considered good. They excited investors with spectacular surface samples, and even some drill results. The results took many of the companies straight up and subsequently straight back down. Reality has set in. A lot of those discoveries turned out to be small plugs or narrow, high-grade veins that don't offer much size potential. For the most part, it was pretty obvious what was being promoted but people wanted to believe. Now they don’t seem to believe anything.
We only own one Colombian company: Galway Resources Ltd. (GWY:TSX.V), which was acquired and will be spinning out two new companies.
https://www.mining.com/web/how-to-turn-rock-into-money/
I phoned up Market call back in September (Red5Luke as my witness as I told him about it) and got through to ask Brent Cook about his thoughts on Galway Resources and as per his quote "I don't follow that one". So....Looks like we have another big holder of GLW by default! Sounds like Brent ole boy picked up his shares in Galway Resources AFTER the announced buyout.
My estimate for Galway Gold's valuation just went up another 10 cents to know Brent is even buzzing around here with his huge following.......You are an absolute fool to sell Galway Gold for less than 50 cents. Too many big names around here who are going to pump this into the stratosphere....Most importantly, the big wigs likely aren't done yet and you can bet a ton of GWY cash is waiting to flow into Galway Gold (GLW....Vetas)!!!!
All in this islander's point of view of course.....