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GT Resources Inc V.GT

Alternate Symbol(s):  CGTRF

GT Resources Inc., formerly Palladium One Mining Inc., is a Canada-based mineral exploration and development company. The Company is focused on discovering critical green transportation metals. It targets district scale, nickel-copper sulfide and platinum-group-element (PGE) deposits in Canada and Finland. The Company’s Canada projects include Tyko, Ontario; Disreali, Ontario; Canalask, Yukon; Hemlo East, Ontario; Big Lake, Ontario; North Rock, Ontario; and Black Bear, Ontario. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources. The project is located in north-central Finland, approximately 40 kilometers (km) north of the Company’s exploration office in the town of Taivalkoski. The property is 160 km (by road) east-southeast of Rovaniemi and 190 km northeast of the port city of Oulu. The Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively.


TSXV:GT - Post by User

Post by IgnacioCashmereon Aug 20, 2021 11:09am
236 Views
Post# 33739689

Palladium Price

Palladium Price
Pd is down 24% from its high & is predicted to go well below $2000. $1700-1800 appears to be a sustainable range, but it could go even lower. That results in a shakeout of the those with dreams of grandeur from high priced Pd, they are walking away not to return. As our Pd resource in Finland grows largest, the value of a buyout increases in step. That is our best path to a $1 SP. The likelihood that Palladium One could develop the Pd mine on their own was quite slim. A JV seems unlikely, given how cheap a buyout would cost. As Pd makes its return to reality, it is good to know we have 2 exceptional resources, & nickel is the future.
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