Bullboard - Stock Discussion Forum GT Gold Corp. GTGDF

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GT Gold Corp is a new company focused on exploring for gold in the terrain of British Columbia's Golden Triangle. Its only operating segments include the acquisition, exploration, and development of mineral properties in Canada. The company's flagship asset is the wholly-owned Tatogga property, located off highway 37 in northern British Columbia.

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OTCQX:GTGDF - Post Discussion

GT Gold Corp. > Results are not very good.

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Post by Daytrading16 on Nov 08, 2017 10:03am

Results are not very good.

There Is no depth to the find. Much like ABN, GT gold is showing us that most of their results are only 0.5m in length. This is bad EOM.

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Comment by Daytrading16 on Nov 08, 2017 10:19am

This is about to tank imo. We need multiple holes with 10m or higher Interval strikes coupled with 15 g/t or higher. We have only 1 hole at more than 10m and it only has 1.1g/t. Yes hole 37 hit high grade gold but only 1m. There is no consistency here to any of the holes. This tells me the gold is sporadic with no consistency. Maybe next year they will have more luck but for now I would advise you ...more

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Comment by bepractical on Nov 08, 2017 11:19am

The market reaction to the results is very negative but the results were definitely not a disaster. They show good grade, continuity and narrow widths in general terms. I believe the market has been looking for blockbuster results similar to the initial releases but there are very few projects, worldwide, that show exploration results of 10m at 15g/t. I will wait for the remaining holes to be ...more

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Comment by Joseph_K on Nov 08, 2017 11:38am

Maybe it is that the veins are too narrow and infrequent compared to the market's expectations. When the market stops believing you have to wonder low it can retreat. It is a long way back to .35.

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