GTR 0.00% 0.5¢ gti energy ltd

Ann: Trading Halt, page-19

  1. 3,831 Posts.
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    Any idea if the next CR will be at .004 or .005 with a free option. Probably easier for them just to wait for the SP to reach .002/.003 and do a 100/1 consolidation as there no catalyst or any reason for any reason for the price to rise if they have resorted to buying expired leases drilled and proven unviable by the majors and put together an announcement of a proven financially unviable resource. What's the reason behind acquiring unviable leases already peppered with holes by the majors and proven to be unviable. As stated by another shareholder the company is not even in a financial situation to buy postage stamps to mail out information to shareholders.
    Any one of us can go to the local county office in the USA and buy leases for $50 each and put together a resource estimate on past drilling results.
    GTR failed with gold exploration, failed with Uranium exploration, why doesn't management jump to something else to try to raise capital as they can't find interest in drilled old leases.
    Good gig for management though. Any idea what salary there dragging out of the company each year and how much time they spend on site
 
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61 36457104 0.4¢
 

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