GT Gold Corp. GTGDF

News pending

[Albertan22]

OK, this is nuts -- is it normal to halt trading for this long just for putting out a normal news release?

[nomoney]

It's only been an hour and 40 minutes.  Not overly long at this point.  Dotting their i's and crossing their t's!  

[Goaweigh]

This is not going to be a normal news release, I suspect this is going to be multiple holes with multiple high grade sections in each hole and will require a lot of verbage to explain what is being shown. The boys at IIROC are going to be going over this release with a fine tooth comb to make sure there isn't too much arm waving and speculation and it could take awhile. Hopefully this will be

[Albertan22]

Fair enough -- I didn't realize that news results were pre-audited by regulators, thanks for your thoughts.  

[Itssimple]

I agree. We placed our bets and faith and now all we can do is relax and wait! And hope for the best. I'd love to see the north results from those two drill setups they completed. IF they are good, which I suspect they are, then things could light up. North might even have longer intercepts as well which would be nice, and hopefully they also start at surface will they do in the south.

[Albertan22]

And as a final thought while I sit and refresh my computer screen, this is a good example of why I am not a fan of active trading.  If I'd been moving in and out of GTT, it would aggravate me extremely if this had happened while I was on the outside . . .  

[Goaweigh]

Or worse if you were short the stock, although in that case you'd be in the loony bin already so no matter !

[Albertan22]

You'd have to be nuts to short volatile penny stocks that trade based on random discoveries, unpredictable sentiment, and the unknown chance of a buyout . . .   I wonder what's so attractive about potentially unlimited losses?