Bullboard - Stock Discussion Forum GT Gold Corp. GTGDF

Metals & Mining Industrial Metals & Minerals

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. > $ 6 soon...

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Post by Biomed4077 on Nov 06, 2018 3:53pm

$ 6 soon...

Valuation will be dynamic – our C$6.00 target implies drilling success

Our sum-of-parts valuation of GTT is mainly based on our initial probability-weighted Saddle North resource estimate of 270mt at 0.7g/tAu & 0.4%Cu (~1.5g/tAuEq) for 6.6mozAu and 2.6blbs Cu / 12.8mozAuEq (includes some estimates for drill holes that are pending “with good visuals”). We use a scarcity premium EV/oz of $35/oz given: i) the high tonnage potential of the North Saddle discovery; ii) the high potential average grades (~1.5g/tAuEq); iii) excellent infrastructure; and iv) Tier 1 Canadian jurisdiction addresses. We expect our C$6.00 target....

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