Globetech Ventures Corp GTVCF

Update on German Listing.....

[eddiebear]

Globetech Ventures (GTVCF:OTCBB) $1.80 + $0.21 on 152,047 shares. Again the stock was up almost twice the amount it is was down on Wednesday and it took only 1/2 the volume of Wednesday. The pullback is over and I look for a return to the rally phase of several weeks ago. The first indication of a continuation of the rally phase will be trading above $2.00 and then above $2.50, which will be a breakout of the multiyear high made on January 12th, 2004. Trading above $2.50 should see my original short term target of $4-5 in the February-March time frame. I think there are several factors that will take the stock price higher. I am hearing from sources here in Europe is that the company should be listed this week on one of the German exchanges. That will make it possible for Europeans to buy the stock in Euros (the currency of the majority of Europe) and also trade in normal European market hours. Many of you have asked if more stock will be issued to enable the company's stock to be traded in Europe. The answer is no. The same number of outstanding shares will now trade in two locations. It will be the same as the situation is with many Canadian stocks that trade in Canada and the OTCBB or NASDAQ. The shares will be priced in an equivalent price in Euros. Typically the specialist in Germany will buy or sell on the OTCBB whatever business they did during their trading day in Germany. The trading day in Germany ends at 5:30PM EST. This listing opens up Globetech to all of Europe, not just Germany. The population of Europe is similar to that of the United States. The Europeans are mad for gold and gold stocks because of the heritage of wars and inflation here. The Public Relations firm hired by the company is ready to bring their clients into the stock as soon as it is trading in Germany. I am told by a source in London that the independent geologist is back from his vacation and that his report is nearly completed and is just waiting for the assay results, which were done in London. My source said that the geologist is very upbeat on the property. He would not give out any information, but as I said he was very upbeat. We all know that Wheaton River Minerals (WHT:AMEX) $2.76 has a property near Globetech, which is one of the company's crown jewels. Globetech's property is three times the size of Wheaton River's and could provided exploration opportunities for the rest of this decade. Wheaton River has over 500 million shares and Globetech has 9.5 million shares outstanding. I think that February will be a big month for Globetech and the February-March time frame should bring us much higher prices. Again today I am telling our subscribers to buy everything they can under $2.00-2.10. I will be surprised if the stock does not trade above $2.10 in the next day or two. Trading above $2.00 should take the stock back to the $2.50 breakout point. After $2.50 the fun should start. If you have a full position in GTVCF, you should consider taking a trading position that you can sell above $2.50 for a nice percentage trading gain besides what you have on your core position.