Globetech Ventures Corp GTVCF

RE: wow

[windmere0]

Globetech Ventures (GTVCF:OTCBB) $0.83 on 83,280 shares. After a spectacular move from $0.16 to $1.65, we got a selloff down to the $.70 level when a money manager was sold out of the stock. The stock has traded in a $.10-.15 range since then and now has a higher average price for those that trade rather than hold the stock. Friday is the last trading day for the year with 3 day settlement. The low for the correction is in place and the stock should normally trade higher. I think we will see an acceleration to the upside starting as early as today or Wednesday. The word I am hearing from some mining people and traders on both sides of the border is that we will see a series of news releases detailing additional details of the gold property and new members of management and the Board of Directors of Globetech. I did hear from someone who had looked at the existing geology report when the property was up for sale. His estimates were over one million ounces of gold just off the existing testing that had been done in the past. He felt that when the new geological testing starts in January, the number of ounces of gold could double or triple with more sophisticated testing that will be done by the geological team. The area where Globetech's property is located is at a lower elevation so year round operations are possible, unlike the higher altitude sights that are only available 4-7 months out of the year. I think that we see a detailed report by the geologists by the end of January. When that report is completed, the larger institutions should show their interest in the project. Unlike most of us, some institutions do not mind paying higher prices for a more detailed report on a project. I like to get my readers involved in a the ground floor, as I have done with GTVCF and CGHI, which I gave to subscribers at a 3 for 1 split adjusted price of $.06 on January 21, 2003 and the stock closed at $3.74 on Monday. That is up 6,133% in less than 1 year. Taking just 1 million ounces of gold times $400 and divided by less than 15 million shares after the purchase of the property, you get a price of around 25 times the current price. I think that my short term target of $3-5 in the first quarter of 2004 is very conservative. Trading back above $1.00 should see an acceleration of the volume to $1.25-1.35 and above $1.50 will start the move up to my target of $3.00-5.00 in the first quarter of 2004. There are about on 2 to 3 million shares of GTVCF's free trading shares in the general public's hands. I have received so many emails from readers telling how many shares they own, that only 1 to 2 million should remain in the true float. Therefore I am issuing an aggressive buy recommendation to my readers starting at the open today. Maybe you will get lucky and see a little end of year selling to pick up some shares on the cheap. I think that if you wait until all the news comes out, you will be buying in a rush that should take the stock through the $1.65 high and on the way to higher highs. Use this time before the end of the year to buy while others have visions of sugarplums dancing in their heads. I will try to have some additional information for you before the end of the week.