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. > So why did Newmont take it out?

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Post by tarsands on Mar 10, 2021 1:20pm

So why did Newmont take it out?

Was it the copper reserves?

As they are not a big gold producer, if they do its as a by product of their operations.

And its still believe it or not a long ways away from hydro by the looks of it.

I think you guys and gals got a grat deal even before a PEA was done.

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Comment by tbnorthstar on Mar 10, 2021 2:14pm

I never want to say never, but I highly doubt this project ever sees the light of day mine development wise....there has to be more to the story here...

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Comment by likeike on Mar 10, 2021 9:29pm

Red Chris is so close and they had no problem getting the power set up 2 years beofe they were up and running. Buying this asset on the cheap gets them up and running in no time as they are similar enough to RC they can extrapolate the PEA. Both mines will be running for over 30 years and cashing in on copper off into the sunset. It will happen a lot quicker then your critics think ...more

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