Gold Terra Resource Corp V.YGT

Gerald buying small chunks

[Systemtogo]

He got another 40k the last couple weeks. I'm assuming it's not so easy buying shares right now on the public market. The stock hasn't been very liquid.

[red]

Yes I noticed as well while small in the big picture at least it something, 2 million at con seems to be his goal and looks like he has good reason .....just drill and more drill I think he is confident it's there, just punch more holes....it's a good time to add and is exactly what I am doing.

[Systemtogo]

Well 50k shares at these prices is chump change but north of a dollar it's a decent chunk of money :) I have to say it hasn't quite been so fun watching my money get cut nearly in half from my average price but I stand by my convinctions. I guess I'll go down with the ship if for some reason this doesn't pan out because I intend on buying a lot more next month and averaging down

[red]

Correct me if I am wrong ...GP is talking 2 mil at con ( in this new drilling program and says could be substantially more, maybe ...we see ) ...let's say he only finds 1 million and coupled with is 1.2 or 1.3 he has north now plus he has assays to come from miss pickle and looks good, his 2 plus million oz is in hand ....is that enough to advance the option with Newmont of the con site

[Systemtogo]

That's a good question, Red. I don't the think the calculation includes the existing oz left in the ground from past producers but I could be wrong. Some people have been saying they're only seeing 500k or so oz from the results thus far that will be included on the next resource estimate but my intuition is that they're missing something in their estimates. Only time will tell in

[red]

Pretty sure GP said they know what is known to be left at con from historical records but they could not  include until they excersised option and reworked the historical info into current 43 101 type report standards that YGT would do as they advance. no doubt that Newmont knows it's there as well. I guess if he finds what he thinks and is on to at con south and moves on the option he