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Bullboard - Stock Discussion Forum Gold Terra Resource Corp V.YGT

Alternate Symbol(s):  YGTFF

Gold Terra Resource Corp. is a junior gold exploration company. The Company holds a portfolio of gold exploration assets in the mining jurisdictions of the Northwest Territories and New Brunswick. The Company’s Yellowknife Project (YP) encompasses about 918 square kilometers of contiguous land immediately north, south, and east of the City of Yellowknife in the Northwest Territories. The... see more

TSXV:YGT - Post Discussion

Gold Terra Resource Corp > zero confidence in this stock
View:
Post by Bigoil2113 on May 12, 2023 5:05pm

zero confidence in this stock

lots of talk from guys that think they know something. unfortunately the price speaks for itself. no confidence from anyone. i see this getting to 7 cents. 
if the news is so so after results it may go up to 15 cents (maybe) 
too many shares, need to roll back. that's what is going to happen after results. then they will raise money to drill more. sorry guys. i had to bail from this one
Comment by Bigoil2113 on May 12, 2023 5:08pm
and yes, that is GP other option. it makes sense to do but not at my expense. i'll sit on sidelines and wait until share consolidation complete
Comment by Tuckerthefox on May 12, 2023 5:29pm
Well BMO thought it was worth the risk 3mil I think it was last Friday  TTF
Comment by Bigoil2113 on May 12, 2023 6:16pm
things change fast in this industry. i thought it was great at 13 cents.  then the back and forth with the halts last week. a lot has changed. lots of behind the scenes stuff going on. there is no doubt GP is confident in this play, but in order to get for interest and raise money that we will need to drill 6/8 more legs, there needs to be an adjustment to share price and shares outstanding ...more  
Comment by red on May 14, 2023 10:13am
The no brainer here is he is gonna hit the shear and will find gold there, he is clear on that ...and we can agree that is going to be the case from that hole he is doing now. there will be other offshoots from within that hole to direct additional gold drilling cause he is gonna be in the shear, as I understand the next course of those additional million dollar deep holes will come as a result ...more  
Comment by CaseProdemo on May 14, 2023 3:10pm
This was never a short term day trader type of stock. Unfortunatly the market does not see it for what it realy is. A great turn around story for the town and shareholders alike. Those who go long from here will get rewarded. I think we do need a turn in market sentiment in the commodity space. It will be slow going untill that happens and the price goes up with the rest of the sector. GP keeps ...more  
Comment by red on May 14, 2023 9:55pm
"...Unfortunatly the market does not see it for what it realy is." - yet  that could change in a heartbeat if he pulls a rabbit out of this hole. It's not a one hole for YGT in the bigger picture and those of us longs know that.  but eyes probably pop and jaws drop of GP pulls out some significant hi grade and there is a high probability that he will. comming weeks ...more  
Comment by CaseProdemo on May 15, 2023 9:07am
That's right Red. It feels like this is the all or nothing hole for the con mine option.IA 2km rabit hole. It is 99% sure he will find gold below the mine.GP said 100% in his last intervieuw. What we need is high grade gold  @ 20% or more. I give that  a 80% chance. Some of those pockets are what dreams are made of. If we hit those you will see Newmont come back in and they will take ...more  
Comment by Tuckerthefox on May 15, 2023 10:53am
The Dutch are good with gold too. We will still be around if the deep hole is discouraging. It will just take longer. The debt ceiling in the states will drive gold up most likely. The BRIC countries want to dump the $US most likely for gold. Just a few reason for gold to move up. IMO TTF
Comment by CaseProdemo on May 15, 2023 11:50am
Yes the dutch know all about fiat currency and how much more the old gulden backed by gold bought them, much much more than the Euro now. They also have the same problems with out of control printing currency and spending it like there is no tomorrow. Gold and silver are the only proven kinds of money that stood the test of time. Sitting on a future gold mine is not a bad place to put your hard ...more  
Comment by red on May 16, 2023 7:54am
Con mine option is the immediate and fast track road to a small part of what is shaping up to be a much larger picture. It's not to often that you have a claim that has multiple options like we do on this 800 s km site and GP has back up plans and he is pushing only the limits of plan one. We know he is no fool, the geology is there ...some may call bullish-t but the facts are before him ( and ...more  
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