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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

Post by CaseProdemoon Feb 05, 2023 12:00pm
444 Views
Post# 35267633

luck factor

luck factorGerald came in 2019 and made a huge impact on Gold Terra inmediately. That is what a big time leaders sets apart from their counter parts. He shook up the troops to focus on drilling in the right places looking for ONLY High grade deposits.As a result he more than doubled the gold in the ground in only two years.He also cut a deal with Newmont for the con mine (best ground to find high grade with everthing that comes with buying an old mine) He also streamlined management. He retired the two highest paid employees and put all available dollars into the drilling program. He got the money without warrents in a market that was closed for juniors.The two things he could not control is the Market and Luck. The stock went down what does not make any sence considering his succes.The market is not always right. But it does come around for the survivers in a down market. Winners never give up if they think they are right. Gerald is a winner. He does have another shot at Luck in 2023. The 2022 drill program was succecfull in the winter but did not hit the high grade pockets that made up the con deposit. That does not mean they do not excist south of the mine were he was looking. The Campbell shear is huge and the rocks are the same as the mined out area's. It is simple, just drill it and with a little luck we will find them.  See you in Toronto in a few weeks.
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