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Gitennes Exploration Inc V.GIT

Alternate Symbol(s):  GILXF

Gitennes Exploration Inc. is a gold exploration company. The Company is in the business of exploring for and advancing mineral properties with a focus on high grade or large tonnage gold deposits. The Company has five gold properties in Quebec, JMW, New Mosher, Maxwell, VG Boulder and Serpenphior, the Snowbird gold property in British Columbia. It has an option to earn up to an 85% interest in the New Mosher Gold Property which is 670 hectares and is located approximately four kilometers (km) from the past producing Joe Mann Gold Mine. The Maxwell Property is 6,640 hectares and it is located approximately 14 kilometers south of Chapais and 18 kilometers northeast of the Company’s JMW property. It owns 100% of the 2,150-hectare JMW Property, which is located approximately 30 km south of Chapais Quebec. The Snowbird High Grade Gold Project consists of eight mineral claims, comprising 3,018 hectares, located approximately 20 km west of Fort St. James, in central British Columbia.


TSXV:GIT - Post by User

Bullboard Posts
Comment by jknf113on May 23, 2007 6:53pm
91 Views
Post# 12828331

RE: hapless

RE: haplesshey davey, $2.0 million in cash and another $1.2 million in August, $3.2 million for exploration, drilling Uramalqui first deep down, one good hole in a hydrothermal deposit and GIT will be $2.00/share. Right now Uramalqui is a high grade silver, low grade gold deposit, unfortunately new investors are not aware of the first two rounds of drilling on Uramalqui, that was when the price of siler was aroun $7.00US/ounce and gold was a little over $400US, the results to date on Uramalqui are very good, don't knock them. Tucumachay is also very good bulk tonnage low grade gold, similar to the Yanocha mine a few kilometres away that produces gold at a grade of 1 gram/ton at a cost of $60US/ ounce. The way I see it davey is that GIT will have two mines for sure, also GIT has stuck to what they had started looking for that have not hopped onto the flavour of the month. In this business you need time, patience and money. Look at GEA used to be SSR, they started drilling in the Red Lake area and the first couple of drill programs did not hit any decent grades. Then quietly they figured out the geology, and silently went back and bing the rest is history from 13 cents to $9.00/share. Frankly I am confident that Jerry will come out of Peru with an additional minimum of 2 mines, quite possibly 4 mines from what I am hearing. So smoke that!!!!
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