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GWY - Galway Resources (TSXV )

post #1 of 53
4/1/07 at 3:09am
Thread Starter 
big.chart?nosettings=1&symb=ca%3agwy&uf=0&type=2&size=3&sid=2147335&style=340&freq=1&time=8&rand=491959450&compidx=aaaaa%3a0&ma=3&maval=50&lf=1&lf2=0&lf3=0&height=510&width=720&mocktick=1

About The Company

Galway Resources is a well-capitalized company, primarily focused on the exploration of gold and coal Colombia. The core focus of the Company is gold exploration in northeast Colombia, with drill programs occurring at the California and Vetas gold projects. The Company also has the Victorio molybdenum-tungsten project, with excellent infrastructure, in southwestern New Mexico. A positive scoping study was completed by SRK in 2008. The recent surge in tungsten pricing, coupled with a steady molybdenum price, has prompted management to reassess strategic alternatives to advance the Victorio project.

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post #2 of 53
4/16/07 at 3:46pm
Thread Starter 
Galway Resources' infill drilling intercepts 210 feet of molybdenum/tungsten at Victorio
ELKO, NV, Apr 16, 2007 (Canada NewsWire via COMTEX) -- Galway Resources Ltd. (GWY: TSX-V) is pleased to announce encouraging drilling results from the Victorio molybdenum-tungsten project located in southern New Mexico. The 6-hole 10,000 feet infill drilling program was recently completed with the results of the first two holes provided below. The purpose of the infill drilling program is to upgrade the resource categories from those outlined in the recently published N.I. 43-101 resource estimate done by S.R.K. Consulting (U.S.) Inc. The next step in the advancement of this project is to initiate a Scoping Study.

"I am very pleased with these first results which corroborate the significant thickness, continuity, and grade of the ore body defined by the 165,000 feet (71 holes) of drilling done by Gulf Minerals. They advanced the project to the pre-feasibility level but dropped the project in 1983 due to depressed molybdenum and tungsten pricing. While there is potential to expand the deposit, the defined area of mineralization and implied metal value are among other factors, reasons why this project is our company's flagship property and is a good candidate for low cost bulk underground mining methods," cites Marshall Himes the COO of Galway Resources.

Highlights of the Current Drill Results.

The most noteworthy for the results received thus far and outlined below is the 210 foot thickness of mineralization intersected in GRV-72. Additionally, the grade for this intercept is above the average grades cited in the resource estimate just released. To see the plan map and cross section, please click on the following links: http://www.galwayresources.com/i/mis...le_4_10_07.jpg http://www.galwayresources.com/i/misc/image3.jpg . The intervals listed represent true thickness.
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post #3 of 53
4/16/07 at 3:47pm
Thread Starter 
GALWAY RESOURCES LTD (TIER2) (TSXV: GWY) Apr 16, 2007 11:45 (E.T.)
Last: 1.68 Change: 0.29 % Change: 20.86 Volume: 141,300

Bid (Size): 1.66 (30) High: 1.76 Open: 1.46
Ask (Size): 1.67 (15) Low: 1.46 Previous Close: 1.39

52 Week High: 1.77
52 Week Low: 0.175
EPS: -0.29
P/E Ratio: -99,999,999.90
Market Cap: 28.00M
Dividend Yield: 0.00
Dividend: 0.00
Payout Ratio: 0.00
Shs. Outstanding: 20.00M
Industry: Diversified Investments
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post #4 of 53
2/12/09 at 3:43am

Time to take a second look at this one

Stock has more doubled in the past week based on coal projects .

Galway Resources (GWY.V $0.14)
www.galwayresources.com



shares outstanding - 53 million
Cash Balance $4 million ($0.075/share)
Cheers
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post #5 of 53
2/12/09 at 4:18am
More info on the coal projects
Coal in Columbia


coal export market in columbia growing significantly. latin america's largest producer - very high quality reserves with low capital and operating costs, 70 million tons exported in 2007.


Two concessions:


Galca (rail through middle)
Carboluis (San Luis coal basin)


carboluis project - potential to be over 20 million tons of high quality, surface mineable coal - 25% could be metallurgical coal. strategically located close to the caribbean highway, atlantic railway, and proposed carare railway. bituminous A with average BTU over 15,000.


Carboluis is located in the new San Luis coal basin - resource potential estimated at 300 million tons (based on 29 historical drill holes) - galway's land position represents 50% total area. centromin has 2yr old mine in the region and will be doing 600k tons per year.


Galca - potential for new world class coal basin. prodeco will fund 19 drill holes and if looks good, fund the feasability study for 60% earnin. Prodeco would pay $.80/ton up to $80 million for any coal tonnage found to earn in 100%. 77 concessions total 135,000 hectares. petroleum drilling and seismic info indicates significant coal seams in area and goal is to find coal "pushed to surface". nearby rail, river, and road access. Galca is located in southern part of Cesar State (mineral rich and excellent infrastructure)


http://www.galwayresources.com/s/Galca.asp
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post #6 of 53
2/12/09 at 4:32pm
GWY.V up 6 cents this morning on early trading.
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post #7 of 53
7/24/09 at 6:04am

..

I was the only person who continued to post on this Canadian stock. Look where it is today without any News. Sorry dudes you missed the boat, i am now riding on many free shares. My 15 yrs in the business of exploration told me this was more than a momo play. Eventually, some of you will learn..\\

cheers to a winner
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post #8 of 53
10/6/09 at 3:46am

GWY.V up 25 cents today

Just to keep you informed GWY hit 80 cents today. Another one, gotta love it
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post #9 of 53
10/6/09 at 3:57am
DRD , GWY running after the VEN news - they have some terrific property in COLUMBIA very close to GSL and VEN. Very good area play.
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post #10 of 53
10/6/09 at 4:55am
Quote:
Originally Posted by mouserman View Post
DRD , GWY running after the VEN news - they have some terrific property in COLUMBIA very close to GSL and VEN. Very good area play.
I know Mouse. I posted info on my site tonight on GWY. It will give readers a better understanding of what GWY is all about. I agree it ran based on the VEN news, but don't forget GWY has one heck of a story.. thnks Mouse
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post #11 of 53
10/6/09 at 5:08am
i have a lot of seed round shares of white gold which is being taken over by CA as a one for one share swap which is also in the surata district of colombia. at .425 cents it is already trading at several multiples so i am keen to see CA climb higher.
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post #12 of 53
10/6/09 at 11:57am
Quote:
Originally Posted by DRD View Post
I know Mouse. I posted info on my site tonight on GWY. It will give readers a better understanding of what GWY is all about. I agree it ran based on the VEN news, but don't forget GWY has one heck of a story.. thnks Mouse

welcome & good to see you posting here again Otobong. could you please post your site url that you mention. thanks in advance.
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post #13 of 53
10/6/09 at 3:31pm
Quote:
Originally Posted by thebigbull View Post
welcome & good to see you posting here again Otobong. could you please post your site url that you mention. thanks in advance.
Thanks Bull , out of respect to HSM i would be spamming if I posted the url right here. I have a site whichl covers all stocks, but in particular the site will be covering Canadian stocks in much more detail. Already this morning 3 stocks we have been watching have gone up based on rising price of Gold and area plays. I would suggest anyone interested in getting our newsletter and site information, email me at pennystockdd@gmail.com. We would love to have you sign up for our newsletter and site for Canadian stocks.
cheers
DRD
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post #14 of 53
10/16/09 at 8:22pm

GWY up 19 cents today!

The stock continues to churn along and closed nicely today at $1.05.

Have a great weekend
cheers\
Drd
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post #15 of 53
10/17/09 at 12:53am
Galway Resources Ltd. - Inside trade summaries - Bought $93,320.00 worth of stock Today.

Look at all those stock options issued on the Oct 9th press release: 3.7 million incentive stock options to directors, officers, consultants and employees of the Company.

Loading up their pockets before another run?

----------------------------------------------------


Galway awards incentive stock options

3:42 PM ET, October 9, 2009

TORONTO, Oct 09, 2009 /PRNewswire-FirstCall via COMTEX/ -- Galway Resources Ltd. (GWY: TSX-V) is pleased to announce that it has awarded an aggregate of 3.7 million incentive stock options to directors, officers, consultants and employees of the Company. The options are exercisable at $0.84 expiring on October 9, 2014. The grant of options is in compliance with the terms of the Company's Stock Option Plan and remains subject to the acceptance of the TSX Venture Exchange.
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post #16 of 53
10/17/09 at 1:00am
Quote:
Originally Posted by subordinate View Post
Galway Resources Ltd. - Inside trade summaries - Bought $93,320.00 worth of stock Today.

Look at all those stock options issued on the Oct 9th press release: 3.7 million incentive stock options to directors, officers, consultants and employees of the Company.

Loading up their pockets before another run?

----------------------------------------------------


Galway awards incentive stock options

3:42 PM ET, October 9, 2009

TORONTO, Oct 09, 2009 /PRNewswire-FirstCall via COMTEX/ -- Galway Resources Ltd. (GWY: TSX-V) is pleased to announce that it has awarded an aggregate of 3.7 million incentive stock options to directors, officers, consultants and employees of the Company. The options are exercisable at $0.84 expiring on October 9, 2014. The grant of options is in compliance with the terms of the Company's Stock Option Plan and remains subject to the acceptance of the TSX Venture Exchange.
Hey it is better to see them buying the options and it has'nt any effect on the downward side of the stock if that is what you are talking about. As long as it keeps going North is all I care. It is obvious that there must be much more upside potential if they exercise their options.
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post #17 of 53
10/17/09 at 2:56am
I am glad that it broke the $1.00 mark, next stop is $1.30
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post #18 of 53
10/17/09 at 5:03am
Quote:
Originally Posted by knowsnothing View Post
I am glad that it broke the $1.00 mark, next stop is $1.30
Good to see someone else maybe in this stock for the ride. I am holding and will continue it has been a winner for me already. IMHO,there is much more to come. Good Luck to you..
cheers
DRD
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post #19 of 53
10/22/09 at 9:01pm

Another good one.

Quote:
Originally Posted by knowsnothing View Post
I am glad that it broke the $1.00 mark, next stop is $1.30
Closed at $1.12 up 19 cents on the day. I just love it and to those who are watching keep eyes on this one. Just an excellent day for this stock. I have mentioned this Stock on my site and it has had to make everyone money by now. Let's hope it continues..

Cheers
DRD
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post #20 of 53
10/23/09 at 11:54pm
Missed out on the buying opportunity at the last drop, definitely regret it.

Insiders purchased yet again close to 90,000 dollars worth of stock today. The average price is about 1.19/share.

Looks like management is very bullish on the stock.
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