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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GT Gold Corp. > No direct relationship between assay result and SP

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Post by jcw604 on Jul 04, 2019 10:02am

No direct relationship between assay result and SP

I checked last year's NR and its subsequent SP movement. There is no direct relationship between how good the result is and how high the SP will move to. This is really strange, but also opportunity giving. It is almost that they accumulated the good news and then pick a so so news to do a big jump.

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Comment by jcw604 on Jul 11, 2019 9:08am

What do you think about this observation? Redmetal.

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Comment by SStoktikk on Jul 11, 2019 11:22am

You should look again, if you look closer you’ll find some of the options cash in and PPs were done 10 days before results, assays drove the share movement each time, barring the end of drilling season one where everyone bailed out until the spring . I know cause I was all over this last year, this year I’m all over GLDN for the same kind of kick up in share price , them getting ...more

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Comment by jcw604 on Jul 11, 2019 2:40pm

Option cash in=option exercised?

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Comment by jcw604 on Jul 12, 2019 9:05am

It seems the over subscribing of PP shares is a much bigger factor that drove the price up. However, this year is going to be tricky, because there should no longer be any need for PP.

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GT Gold Corp.