Newmont buys GT Gold !
This now brings additional fantasy into the sector.
Newmont is paying around CAD 456 million for GT Gold.
What has GT Gold reported in ounces so far?
Indicated resource: 1.81 Blb Cu and 3.47 Moz Au
Inferred resource: 2.98 Blb Cu and 5.46 Moz Au
What did Tudor report yesterday in initial resources? I think it was around 25 MOZ...
...and before some wise guy comes now because of the grades: Tudor has the higher grades than GT Gold...
https://www.globenewswire.com/news-release/2021/03/10/2190281/0/en/Newmont-to-Acquire-GT-Gold-in-Agreed-All-Cash-Transaction.html