GT Gold Corp. V.GTT

Already $5+ Million Financing - Haywood - Multiple Drills

[lithomon]

Financing at 85 cents a share for Total Proceeds of $5.75 Million.  Without hesitation, this deal gets significantly "oversubscribed", my gut instinct is telling me approximately $8 million.

At this level of financing interest, drilling is to continue at MACH Speed into this High grade Gold Tatogga discovery structure which exists from surface to depth (with up to 7 metres of relatively minimal overburden cover), situated essentially just off Highway # 37 in the Golden Triangle of NorthWestern BC known to host a wealth of mineralized deposits & mines with Tatogga well on its way to demonstrate high grade economics of a Monster deposit.  

Obviously, there must be additional assays beginning to stream back from the lab as Haywood Securities quickly jumped on this intriguing discovery today which probably explains why the GTT share price continues to reach new highs again which is probably sending a strong signal of forthcoming additional technical data (that is, the reassay results of Hole # 25 prudently held back by GTT mgmt and possibly the Zinc numbers are gradually becoming known to management & financiers).

It's likely the GTT share price will continue to rise as this major mineralized discovery further unfolds and becomes more widely known about from coast to coast to coast.  The rising GTT share price is a result of a patient management team that did not unduly dilute, coupled with this major discovery, thus, share ownership is becoming more and more difficult to achieve without driving the price far higher.  That is one of the key attributes that could make this discovery area very exciting as GTT and a few bordering juniors have kept a relatively strong control on their respective shares outstanding, therefore, as interest and demand increases markedly towards the Tatogga discovery, share prices are likely to rise considerably for GTT and those juniors on strike with the mineralizing Halo system of this discovery area.

Clearly, drilling will continue for several months and the area will be loaded with news media,, mining analysts,and in particular, prospectors & geologists trying to snag adjoining property that is on trend with the high grade Tatogga discovery.

Who will it be next, Friedland??  Sean Boyd & the Agnico Group?? or somebody else.

It's all up for grabs!!!

The new Gold Rush is now underway!!!