GT1 - Megathread, page-423

Snow, you need to learn to look at a wider range of lithium companies to get a perspective of how GT1 is going.

GT1 is doing ok relative to the wider set and being TSX listed wouldn't help this. With the exception of a couple of lithium explorers drilling in Quebec hitting 100m+ intercepts everything is down by lots. Over the four weeks from 11Nov to 9Dec GT1 was down 13%. Other larger market cap companies down by more than this over the same 4-week Friday to Friday period include CXO (-30%), AKE (-19%) and PLS (-17%).

If you look at companies closer to GT1's stage (post-JORC, pre-production) there generally also all down: ESS (-16%), A11 (-19%), GL1 (-16%), RDT (-27%), LRS (+9%) & LTR (-13%). LRS which I don't hold had a maiden JORC result and Met test results during this 1mth period.

This is however short-term noise. The better question is whether GT1 is doing what it can do to make itself a better company and progress towards production. It's one of only a handful of companies with 4+ drilling rigs currently operating. These rigs are drilling and achieving good results. As per GT1 releases, there's a lot of stuff they are working on. If the general sentiment turns positive, this will help GT1 and everyone else. As other bits of news drop that should also help GT1. At some stage there should be a big bounce.