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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

Post by Goldy63on Apr 19, 2022 5:35pm
109 Views
Post# 34614646

Assays Due And A Deal As Well . Is This It ??

Assays Due And A Deal As Well . Is This It ??
Tie In To Elam
Tie In Info More Deals ?
So Yes Bring On This NEWS ?. More Info On Tie In .
And it,s due anytime. Tic, toc.
Hummm. Money In The Bank ? Tks Willy
Speculating further I note that in a news release dated the 12th of January 2022 ELEM reports that it is finalizing the letter of intent to buy all the outstanding shares of PLUTUS GOLD a private Company holding 100% of the Snowbird claims. Thats nice.. but at this time PLUTUS does not own 100% of the Snowbird claims until the $2.2 million in warrants or 22 million shares post Feb 4th 2022 are delivered to GIT. I calculate the warrants at .10 each.. 22 million shares valued at .10 = $2.2 million. Now currently the price of ELEM stock is .97 a share so 2,268,041 shares of ELEM stock released to GIT will satisfy the original requirements of the GIT/PLUTUS agreement. A $2.2 million cash infusion via these stocks and the current New Mosher drilling will do a lot to lift GIT stock out of its current bottom. I find it strange that nothing has been said on this matter espe

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