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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 district-size property lies on the Yellowknife greenstone belt, covering nearly 70 kilometers (km) of strike length on the southern and northern extensions of the shear system that hosts the Con and Giant gold mines. YP is comprised of the Northbelt, Southbelt, Eastbelt and Quyta-Bell properties in the Northwest Territories as well as additional claims and property interests. Its Con Mine Option Property is located beside the City of Yellowknife and adjacent to its 100% owned Yellowknife City Gold Project in the Northwest Territories. It also holds the Mulligan gold project in New Brunswick.


TSXV:YGT - Post by User

Comment by Systemtogoon Jun 16, 2022 12:12pm
154 Views
Post# 34761611

RE:RE:RE:RE:RE:Great new interviews on YouTube this week

RE:RE:RE:RE:RE:Great new interviews on YouTube this week I think every good investor should look at the risks even in the best of investments. The biggest risk I see here ihe immediate term is being able to raise financing given the capital market circumstances. We have approx 2 million in the bank right now which is decent but that won't last very long and there's a chance that could run out before we get the resource estimate. However, we wouldn't need much money to tide us over until then anyway and I'm sure Gerald could easily muster up a million and change or whatever it would cost to move us forward until the fall. That being said, the biggest risk by far in the mid-term is if we come out with lousy results in the fall. Of course, if that happened it could wipe us out completely in this market. I don't see that being a big possibility given Gerald's track record and what we've found so far but the possibility remains. The risk to reward with YGT is the best I've seen in a long long time. I'm willing to take that risk but it sure wouldn't be pretty if I lose. 
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