Member Info for Sharetrader123

John you may have got in at 12p and sold and got back in again but that has nothing to do with with the point I was making. it seems you are happy to do this so fine but my point is that the resource is still being proved therefore maximum value is not going to be recognised short term .

John that’s a very short term view though. Anyone with the patience to stick whilst the resource is proven will be well rewarded in my opinion.

Totally disagree John. The asset is being proved up and therefore the results are not going to be the best at the initial stages. There are better areas and we have been told this so the results will get better when these are exposed. The only reason the next results would need to be more positive would be if you were after a little SP hike and could not wait to make a quick profit. The asset will take some time to be proven but by the time it is I'm sure the SP will be very healthy indeed.

They seem to be a targeting of frustrations at the doc at present or anyone hinting the SP might rise. It’s all well and good taking the **** now that the SP is below the twenties again but when we were in the high thirties awaiting the results then nobody could have predicted this huge retrace and if they claim they could then are simply not telling the truth. Equally though they must remember that if the results had been very good and gold continued to rise then we would be in the fifties by now I’m sure. The better drill results will come in future and the SP will then reflect this fact at some point. What are classed as wild predictions merely reflect how quick this share can rise and fall due to low amount of shares in existence. So we can easily be looking at multiples from here on decent results and higher gold prices and if that’s considered ramping then so be it.

Expru2000 you could be correct it may take us a long time but if it did take 8 years then we would certainly need to raise more funds in that period which would dilute the share price for sure. I’m thinking that Brad wishes that a buyout comes before he needs to do that.

Most PI's have had plenty of time to take a position so the constant drops are not really good for anyone or for the confidnce in the company. At present we find ourselves blowing in the wind of low volume hence the movement . The proving of the asset will be a slow process so we cant expect huge rises every Q&A or drill update. Having said that, we are in the fortunate position of having 2 majors on an accelerated drill campaign so the news should come in frequently and build the SP over the next few months. If the drill results are as envisaged, then the share price should fold many times from where it is now given our very low mcap so its just a matter of time and decent results.

Toli no buyout needed for 50p a share unless you need the money this week. 50p will come at some point this year but you will need the patience for the drilling campaign to further prove up the asset which will come. If you are looking for a quick buck in the next few weeks look elsewhere but if you want multiple folds then just wait for a year or two.

Hi impecunious2 the Newmont buyout of GT gold is interesting and that's all I know is Newmont invested 17 million in 2021 and have now decided to buy them out. Their current mcap is around 408 million Canadian dollars and most interesting is they are up 58% today. Their 5 year chart is also interesting as a possible comparison to us.

A year after investing 17 million in GT gold Newmont have now bought them out.

https://m.miningweekly.com/article.php?a_id=578839&rep_id=5582

https://investingnews.com/category/daily/resource-investing/precious-metals-investing/gold-investing/

Now a year later after the investment they have announced they are buying them out.

I know this article is old but shows they are prepared to invest.

https://www.globenewswire.com/news-release/2019/05/09/1820657/0/en/GT-Gold-Announces-a-C-17-6-Million-Financing-and-Strategic-Investment-by-Newmont-Goldcorp-Corporation-for-Exploration-at-the-Tatogga-Property.html

Mc Google thanks for the earlier post as it was well balanced and informative. I would be interested on your thoughts regarding how long do you think it would take in order to prove the asset so that it would be attractive for a buyout. I appreciate that we are at the start of this process and there is a long way to go.

Mc Google Many thanks for the earlier post and it was well balanced and informative. I'd like to ask one question on your thoughts about how long do you think it could take before the asset is proved enough in order to be attractive for a buyout. I appreciate that we are still at the start of this process and there is still a fair way to go.

Vic we do seem partiparticularly poor at the PR side of things bordering on the amateurish. This is one area that they need to improve and quickly.

Vicjain your view is well balanced. The drill results themselves were not that bad and were still commercially viable but we are certainy missing the previous upbeat enthenthusiasm for sure.

When we were waiting for the assay results to come in January, Brad was very upbeat coming out with statements like this is a once-in-a-lifetime find and this could be very special. Post assay results the sentiment seems completely different and Brad is nowhere near as enthusiasic as he was previous now coming out with recent statements like the gold in the cores is commercially viable. The statements now seem very flat and devoid of the previous optimism and im sure this has not gone unoticed by the market. Has anyone else noticed this?

Let's hope that there is a little bit more of an upbeat mood after the upcoming Q&As which seemed to be somewhat lacking in the last RNS

It is logical to assume that some news will be released before the Q&A's but maybe a day or so prior