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. > More Money from Newmont

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Post by redmetal on Nov 27, 2019 9:15pm

More Money from Newmont

Financing at $1.20. They now have enough money to last through to the PEA. Bring on the next 11 drill holes.

https://www.gtgoldcorp.ca/_resources/news/nr_2019_11_27.pdf

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Comment by jcw604 on Nov 28, 2019 5:58am

This is the equivalent price the did earlier. The previous one is at 1.53, but they were flow through shares. Now, it is at 1.20 for common shares. The market may be silly. However, if it were not, it should trade at at least 1.20. This is how much GTT is worth from the view point of Newmont.

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Comment by NestStep on Nov 28, 2019 7:02am

indeed 1.2$Can should be a new bottom as of today. This cannot be overstated. Newmont is in divesture/Sell mode and i think it`s not a coincidence newmont this week announed it will sell Red Lake for a sum that is likely about what a takeover and some CAPEX of GT Gold might cost less the shares they now own. This really is simple logic. If Newmont-Goldcorp sell Red Lake producing mine and ...more

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