Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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
Post by SKLASSENon Mar 16, 2000 12:21am
56 Views
Post# 1584268

Hold on for a while.

Hold on for a while.Gitennes recently received its Virgen property back from the ailing gold mining company Cambior (CBJ on Toronto and Amex) because Cambior could not afford the high payment required (US$2.5 million)to keep the property. Cambior spent about $4,000,000 on the property and wanted to keep it. That was Gitennes' gain, hence the recent rise in the price. Gitennes has some prospective buyers kicking the tires. In the short to near term there could be some great news. Gitennes also has some interesting targets up in northern Canada as well as many other grass roots projects in South America. This company is not a lame duck; there is some action going on. Be patient. IMHO a conservative outlook is $.30 to $.50 by June 2000. A definite good buy at the current price of $.25. OT - A stock which has some great potential is KQR on Toronto $2.80 per share - check out the most recent quarterly earnings - they were very impressive. They also have some new world leading technology which makes them a prime takeover target. Could easily go to $6.00 even with this softening of the Bioteck market recently. Good luck with your investing.
Bullboard Posts