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GT Gold Corp. V.GTT


Primary Symbol: GTGDF

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.


OTCQX:GTGDF - Post by User

Post by 9rookieon Mar 01, 2018 10:39am
79 Views
Post# 27643627

Good Opportunity , but this is the part that Scares Me

Good Opportunity , but this is the part that Scares Mefrom their Web presintation ,February , 11 ,2018

Of the 82.2 million basic shares outstanding, approximately 25.4 million are held in escrow for the original property and New Chris vendors. These shares will be released in four tranches - 15% per tranche - on, respectively, May 21 and Nov 21, 2018, and May 21 and Nov 21, 2019
if I calculate 15% of 24.5 million would equal 3,675,000 on each of these Dates,

Is this the reason the shares are being held down?

also from the same presntation ,

GT Gold Capitalization Table
Basic Shares 82,190,935
Warrants 4,098,251
Options 4,883,334
FD Shares 91,652,520
Share Price (Feb. 9 Close) $ 0.60
FD Market Cap $ 54,991,512
Cash (As at Feb. 9) $ 3,200,000 In-Money
Warrants $ 819,650
Enterprise Value $ 50,971,862
 the totla shates are a lot more than the TMX showes ,

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