GTSO Dedicates Full Efforts to Capitalizing on Explosive Gold Gains
August 30, 2011 2:49 PM
With the price of gold surging around the globe, Green Technology Solutions Inc. (OTCBB:GTSO) is focusing all of its attention and resources on the exploration and development of precious metals. Today the company unveiled a new website highlighting the extraordinary opportunity that its worldwide gold development efforts present to investors.
The site is now online at www.gtsogold.com.
“Gold is in the midst of one of the greatest bull runs in market history,” said GTSO CEO John Shearer. “The price of gold rose more than 30 percent this year with no signs of slowing down significantly. As buyers flock to precious metals, GTSO will not be left behind. We are now 100-percent dedicated to gold exploration, and our new website details our efforts underway now all over the world.”
The unprecedented worldwide demand for gold is being driven largely by emerging markets such as China, Russia, India, Brazil and elsewhere. Seen by many as a safe-haven investment, the yellow metal is enjoying its 11th straight year of a bull market. Many analysts predict that the price of gold could top $2,000 per ounce by the end of the year as demand, driven by global economic uncertainty, continues to rise.
GTSO is working to capitalize on the booming gold market by targeting new resources. Last month, GTSO signed an agreement with the mining company New World Energy (NWE) to tap new gold reserves in Indonesia, one of the world's top producers of the precious metal. There, the joint venture is working to secure development rights on the mineral-rich Island of Lombok, where other exploration companies have achieved highly positive drilling results.
GTSO plans to service a fast-growing global appetite for rare and precious metals to compete in an exciting sector that includes the Kinross Gold Corporation (NYSE: KGC), Newmont Mining Corp. (NYSE: NEM), SPDR Gold Shares (NYSEArca: GLD) and AngloGold Ashanti (NYSE: AU).
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. In addition to gold, GTSO pursues the acquisition of rare earths and emerging clean technology innovations. To learn more, please visit our website at www.GTSOgold.com/investors.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Green Technology Solutions, Inc.
John Shearer, 408-432-7285
President
and CEO
info@greentech-solutions.com







