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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

Post by IgnacioCashmereon Jan 12, 2023 2:19pm
461 Views
Post# 35219133

Narrow width, Bonanza grade

Narrow width, Bonanza gradeThe first thing investors will notice about today's assay results are the narrow widths. At >= 10% nickel, that is rarely seen, but the width is even narrower than some previous results. The good news for those paying attention, the distance from RJ to West Pickle to Tyko is several kilometers, around 3 minimum. There are likely blobs & orbs of nickel much larger in depth within that distance, it is just a matter of finding them. Also, today's results are not near surface. Nickel is in short supply in North America. NA needs a Great Lakes of nickel deposits to be discovered to transition to a post carbon electrified world. The puddle duck pond of Talon is touted as a big deal, because it is the only thing the lower 48 has. But it is inconsequential big picture. Which is why a high grade nickel DISTRICT in mining friendly Ontario is a very big deal. PDM has a lot of drilling to do to define this much needed resource, it will be years in the making. The mineral resource estimate, when it comes, will be huge & most importantly highly profitable to the eventual buyer. I don't expect to see Crawford like numbers for the total volume of nickel, but i do expect to see much better economics than Canada Nickel if PDM makes it to the PEA stage. I don't expect this team to develop or build this nickel resource, but there is plenty of money to be made for those entering now. The bigger the resource, the sooner we get a buyer. I can't see PDM going for less than $100 million USD from this day forward & more likely in the 200-300 range. That is a huge increase in market cap, even counting all the additional share dilution that will take place to keep on drilling. A nickel deposit like we have here is rare & timely, we will get a buyer within 5 years. Bear in mind for those new to this game of junior mining, metal in the ground without development is sold very cheap, pennies on the dollar. But we still come out big winners. PDM is on sale, buy when it's unpopular.
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