OTCQX:GTGDF - Post by User
Comment by
pulcanon Nov 04, 2018 6:26pm
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Post# 28922079
RE:road
RE:roadthis has to be the best and smartest post on GT GOLD forum from ikebalinski....job well done!! Nobody wants to spend money on a project that was discovered on a mountain!! I'm not trying to be negative but there are a lot of traders who bought this stock at $1 or more thinking this stock can go to $6 bucks. We need to be careful as some have put there life savings and need to stop. This stock has done its run and until they know how much more it can grow, they have no partner to take them to the next level to spend the money. Right now its a discovery watch and some can get hurt. Be careful for what you wish for and to me this stock has done a nice run. Take a look at Serengeti Resources...back in 2006 they made a first discovery and went to $4 plus a share on 25 million shares outstanding. Now all these years later....the stock has only 90million shares outstanding and are ready to build a mine with a multi billion dollar partner. The most important point they have a big asset and growing with more drill results coming this week. But, it took a long time to recover so GT Gold...could follow the same path. it take time and nobody wants to spend money and build a mine on a mountain unless the grades are high. Look at Goldmining inc....they bought so many other properties that were once thought to be $10 bagger and today worth nothing!! unless someone wants to spend the money!! best way to approach this is ****go big or go home.**** its a tuff situation and thank god Serengeti made it past the worst trends of this market. As for GT Gold...they could have more good high grade results....and they will need more than John Kaiser..... cheers.