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Gold Terra Resource Corp V.YGT

Alternate Symbol(s):  YGTFF

Metals & Mining Gold
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

Gold Terra Resource Corp > napkin #2
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Comment by CaseProdemoon Oct 31, 2022 11:15am
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Post# 35060086

RE:RE:RE:RE:RE:RE:RE:RE:RE:napkin #2

RE:RE:RE:RE:RE:RE:RE:RE:RE:napkin #2The ony number I had to take a guess on is the price to build a procesing facility. All other numbers are from the  company website. Ounces in the ground , grade , tonnace, cost per ton to mine it in pit and underground. It has all been disclosed.In his last intervieuw GP said he is going to build a plant big enough to produce 200,000 ounces per year. No speculation on my part. 
So how did I get to 350 million to build the mine. I looked at other startup's that build a 200k processing plants. This is ofcourse not accurate but not having to build it in the middle of nowhere should make the number concervative for us. Remember " Everybody goes home at night".!!!!! Napkin#1 gives us 12 years of mine life and 1 billion 765 million dollars free cash flow. Napkin#2 21 years and 3 billion dollars free cash flow. 
Did anyone else do their math? I would love to hear some criticism. Like Gerald said " It is simple".lol.
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