Green Technology Solutions, Inc. (OTCBB:GTSO) announced today that its potential joint venture partner, Chery Minerals, LLC, has received investment interest from Richardson GMP, Canada’s preeminent wealth management firm.
“With gold prices near record highs, the time to capitalize on these opportunities is now,” said GTSO CEO Paul Watson. “We are encouraged to see the interest from GMP as it underscores our expectations for the Chery Minerals alliance. Underdeveloped territories in Africa are poised to yield enormously profitable mineral deposits.”
Richardson GMP is not the only major player intrigued by the investment opportunity presented by junior gold developers. Billionaire investor Phillip Frost recently purchased a large piece of Sagebrush Gold at 50 cents per share.
“Clearly, Dr. Frost sees the same growth potential in mining development that we do,” Watson said. “Once our agreement with Chery Minerals is finalized and work can begin, we expect to continue to draw the same kind of interest that GMP has shown and that our colleagues at Sagebrush have garnered from big investors.”
GTSO is currently in the process of negotiating a joint venture agreement with Chery Minerals, which is currently working to develop new gold resources in the African nations of Mali, Burkina and Ghana for export and refinement.
GTSO plans to service a fast-growing global demand for rare and precious metals to compete in an exciting sector that includes Almaden Minerals Ltd. (AMEX: AAU), New Gold Inc. (AMEX: NGD), SPDR Gold Shares (NYSEArca: GLD) and Barrick Gold Corp. (NYSE: ABX).
To track gold’s meteoric rise and learn more about GTSO’s resource development initiative, please visit www.gtsogold.com/investors.
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc. [www.GTSOgold.com] is a growth-oriented company exploring precious metals production around the world. To learn more, please visit our website at www.GTSOgold.com/investors.
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