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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 CaseProdemoon Apr 24, 2024 8:07pm
54 Views
Post# 36006202

RE:RE:Junior mining biggest problem.

RE:RE:Junior mining biggest problem.I did not say we are being thouwn out with the bathwater yet. The whole sector shure feels like we have been on the edge for years. What I do mean is if our valuations as a sector does not catch up to the current higher gold price we run the risk if being completely overlooked. Again that is not my prediction. A turn in the market like it did with the gold price should trickle down to us soon. It would start a new bull cycle for juniors gold miners. That is my most likely prediction for the next 6 months.Your numbers by the way are off what is realistic is we have 3 million ounces by the next update this fall. then we can start looking what it would cost to put a new mill in town.In the worst case we need another year of drilling to get to that number. This has nothing to do with the stock price what is 100% market driven. Unless we get taken over. Go study the website and let us know what you think, to give an edjucated oppinion. 50 million ounces is crazy.
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