Galway Metals Inc. (GAYMF)

[Psychic Bull]

You are only part right. The money is allocated for different things, but it has not been spent. Only a small amount would be due soon. Galway Metals is a real company that does real things, so they spend their money. Their mother company showed that it was willing to drop projects that didn't make money and move on, Galway Resources proved itself to work hard at building up a minergal holding and then selling it for great profit; this is what Galway does.

They still have this cash, and if the price of tungsten and molybdenum go down, they can abandon the project and move on, or if prices stay strong they will continue to develop it and either mine it or sell it as they did with their other gold project.

Galway has a good history, but certainly has risks. They will of course be spending that money over time, but Galway has shown that they invest money wisely.