Drolet Stock Notes on Gitennes Exploration: Quebec Pure Gold Explorer in Chibougamau, Quebec
Mario Drolet, President of MI3 Communications Financières Inc. (MI3), released his Drolet Stock Notes on Gitennes Exploration Inc. (TSXV: GIT) on March 11, 2021, for exclusive distribution on InvestorIntel. Highlights include:
- Gitennes Exploration is focused on exploring for gold and has four prospective exploration properties in the active Chapais-Chibougamau area of Quebec: JMW, RAL, New Mosher and Maxwell.
- New Mosher is located three kilometres from the past producing Joe Mann Mine which produced approximately 1.2 million ounces of gold at an average grade of 8.3 g/t gold plus silver and copper.
- Tight capital structure with only 33 million shares outstanding.
- Gitennes is near the Oversold level. Waiting for more exploration results.
- The drilling program will begin in April.
- Support: S2; $0.08 S1; $0.095 Resistance: R1; $0.115 R2; $0.135