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Stocks To Watch


Canadian Penny Stocks to Watch - June 28 to July 02, 2010

Galway Resources Ltd.
Symbol: GWY
Exchange: TSX-Venture
Industry: Basic Materials
Products: Metals & Mining

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Profiled Price: $0.97   (June 25)

Company Snapshot:

Galway Resources is a well capitalized company, primarily focused on the exploration of gold and coal in Colombia. The current focus of the Company is gold exploration in northeast Colombia with a drilling program occurring at the California gold project and extensive underground channel and surface sampling taking place at the nearby Vetas gold project. The Company has also reported that drilling is underway at the GALCA coal project in Colombia, which is being managed and funded by Prodeco, the Colombian subsidiary of Glencore. Efforts are underway to secure access from the GALCA property owners to move the drill rig to the next set of planned drill holes.

Note: The weekly stocks to watch are selected by a number of criteria. The weekly stocks to watch should not be construed as stock picks. Stocks to watch companies are companies that should be watched because of significant happenings in the company or their stock price. Momentum, important or significant financials and news releases, strong technical analysis indicators, unusual volume or stock price increases as well as other criteria are some of the criteria we look at when selecting our weekly stocks to watch.


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