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Gitennes Exploration Inc V.GIT

Alternate Symbol(s):  GILXF

Gitennes Exploration Inc. is a gold exploration company. The Company is in the business of exploring for and advancing mineral properties with a focus on high grade or large tonnage gold deposits. The Company has five gold properties in Quebec, JMW, New Mosher, Maxwell, VG Boulder and Serpenphior, the Snowbird gold property in British Columbia. It has an option to earn up to an 85% interest in the New Mosher Gold Property which is 670 hectares and is located approximately four kilometers (km) from the past producing Joe Mann Gold Mine. The Maxwell Property is 6,640 hectares and it is located approximately 14 kilometers south of Chapais and 18 kilometers northeast of the Company’s JMW property. It owns 100% of the 2,150-hectare JMW Property, which is located approximately 30 km south of Chapais Quebec. The Snowbird High Grade Gold Project consists of eight mineral claims, comprising 3,018 hectares, located approximately 20 km west of Fort St. James, in central British Columbia.


TSXV:GIT - Post by User

Bullboard Posts
Comment by SKLASSENon Sep 09, 2005 10:46am
198 Views
Post# 9529002

RE: Titimina Zinc Company

RE: Titimina Zinc CompanyA good approach would be 1 share for every 5 Gitennes shares. This would get the number of shares outstanding down to about 7,000,000. I would also start the company with a propectus and try to sell abour 5,000,000 shares at $1.25 that would give the company needed cash for exploration this would leave 12,000,000 shares outstanding. A big base metals company might partner with GIT by taking a chunk of the shares from the propectus. The capital dividend (tax free) from GIT to the existing shareholders would be worth about $.25 for every GIT share. This would be a great start to a new company
Bullboard Posts