Post by
zukuenftiger on Aug 18, 2017 12:22pm
???
Do I understand this in the right manner? You have nothing but some holes with gold? No resource estimate, no feasibility study, no economic valuation ... but a market capitalization of nearly one hundred million dollars? Is that a joke?:-)
Comment by
Albertan22 on Aug 18, 2017 12:43pm
Yeah, it's nuts, but it's good too, if you bought before the July . . . For a more detailed explanation, check out the Lassonde Curve -- gold explorers go through a period where their valuation depends on the mine potential that hasn't been closed out. GT Gold is currently valued based on the potential for it to support a high-grade open-pit mine.
Comment by
justasmuck on Aug 18, 2017 12:48pm
go figure. huh...had to be short covering. Its big money rolling in not retail. Way it trades reminds many of us the few hits with the big boys grubstaking a couple of jr's nearby. Hope its an area play. mining world needs it
Comment by
Buckshot26 on Aug 18, 2017 3:31pm
The only joke is your post fella. You've been around since 2008 and only now looking at how the exploration mkt values discoveries? You're not fooling anyone, buy or don't, Mondays news will determine our fate.