GT Gold Corp. GTGDF

Metals & Mining Industrial Metals & Minerals

GT Gold Corp is a new company focused on exploring for gold in the terrain of British Columbia's Golden Triangle. Its only operating segments include the acquisition, exploration, and development of mineral properties in Canada. The company's flagship asset is the wholly-owned Tatogga property, located off highway 37 in northern British Columbia.

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GT Gold Corp. > Albertan22

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Comment by Goaweighon Jul 31, 2017 6:39pm

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Post# 26530934

RE: Albertan22

I don't think that's what he's talking about, think he means why does the stock have to remain in a certain trading range just because it's in the middle of a PP. How can management or anyone else prevent the stock price from going up if the market believes the Co. is onto an elephant deposit. Think the PP pricing is based on VWAP, an average of prior days trading or some % of the price of the stock on the day preceding the day the PP is announced and meeting that guideline is all that's required. My issue/concern is can they keep a PP open and then announce great results and then increase the PP based on an increased demand. Now maybe they don't actually have to close a PP before releasing results but they should at least have to " close off " a PP before releasing results. Meaning that prior to results they announce that the PP is fully subscribed and the order book is closed @ a certain dollar figure and once that's done they can release whatever they want or not. Good results they would probably release, bad results probably not, for obvious reasons. Which causes me to ask, can they release any material info prior to a PP closing.