GTR 0.00% 0.4¢ gti energy ltd

A very good point chamonix, and an important one regards the...

  1. 81 Posts.
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    A very good point chamonix, and an important one regards the directors and lack of share ownership on their part. That aspect of GTR is a substantial negative. I'm investing in GTR as I do feel that it's cheap, but am keeping a close eye on their cash burn and/or poor assays, in case I need to ditch. My assumption is that the GTR board have no real inclination to take the GTR project/s to production, but rather to prove up the in-ground U resource, in a not too dissimilar manner that 92E have been progressing their projects. ATHA, who are involved in a scheme of arrangement (takeover) for 92E, is growing its resource base ... again I would say in a way that is not too dissimilar to where UEC is now, though UEC is way ahead of of ATHA ... certainly based on a market cap that's 20x ATHA's (unless I'm mistaken). I do however rate the 92E board highly, and they do have skin in the game, which is disappointing of GTR. I did have money in 92E but sold after the announcement as I didn't want to be left holding stock that could not easily be sold. Time will tell I guess, and there's no guarantee that GTR will be considered by a larger U company.
 
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