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GT Resources Inc V.GT

Alternate Symbol(s):  CGTRF

GT Resources Inc., formerly Palladium One Mining Inc., is a Canada-based mineral exploration and development company. The Company is focused on discovering critical green transportation metals. It targets district scale, nickel-copper sulfide and platinum-group-element (PGE) deposits in Canada and Finland. The Company’s Canada projects include Tyko, Ontario; Disreali, Ontario; Canalask, Yukon; Hemlo East, Ontario; Big Lake, Ontario; North Rock, Ontario; and Black Bear, Ontario. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources. The project is located in north-central Finland, approximately 40 kilometers (km) north of the Company’s exploration office in the town of Taivalkoski. The property is 160 km (by road) east-southeast of Rovaniemi and 190 km northeast of the port city of Oulu. The Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively.


TSXV:GT - Post by User

Comment by IgnacioCashmereon May 04, 2022 9:01pm
180 Views
Post# 34657250

RE:RE:LK Size

RE:RE:LK Size
They could keep growing the CAPEX with more tons per day & bigger mill but the higher CAPEX goes the fewer players that can step in & buy it. 300-400 million CAPEX projects get bought out all the time, it is very doable. When you get to a billion, you have very parties able to turn a dime on that kind of investment & few are interested at ant price. That is the problem FPX & Canada Nickel have, well over a billion & going higher all the time with inflation. We have a Ni Cu Pd Pt resource that many players can afford. There aren't many economic Pd resources available anywhere. The typical Pender Street approach would be to " go big" as the resource gets larger, our team has chosen not to, & that helps us as shareholders.
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