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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 player111on Sep 22, 2005 11:26am
183 Views
Post# 9589608

RE: spoke to jerry..

RE: spoke to jerry..I wrote him this morning and got the same reply back - here it is: Dear Ms Wannek The Company will issue a news release when it has results from its current drilling activities at Tucumachay. We do not indicate beforehand when releases will be issued, as this type of "tipping" is specifically prohibited by securities regulations. We share your concerns about the share price. Please bear in mind that 3 million shares became free-trading on Sept 18th, and in excess of 200,000 shares are shorted, probably against the new shares. All shorts eventually become longs, and we feel that the current trading is simply an effort to "shake-out" weakly-held stock, perhaps by triggering stop-loss practionors. News will be issued, hopefully soon, and the trend will reverse itself. J Blackwell
Bullboard Posts