Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:YGT - Post Discussion

Gold Terra Resource Corp > luck factor
View:
Post by CaseProdemo on Feb 05, 2023 12:00pm

luck factor

Gerald 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.
Comment by kisedig on Feb 06, 2023 1:59am
This post has been removed in accordance with Community Policy
Comment by red on Feb 06, 2023 7:11am
Great truthfull summary and assessment .... we see that if GP adds some more colour prior to or at PDAC 
Comment by CaseProdemo on Feb 07, 2023 10:25am
I thought it would not hurt to remind people what Gerald has done  haveing not much news lately.There are always new investors looking also. I forgot to mention he also became a llarge shareholder and is still buying more shares in 2022 but it is even more important what his plans are going forward. He told us in 2021 what it was but plans can change and I would like to hear it from the ...more  
Comment by red on Feb 08, 2023 7:37am
True, unlike other CEOs when GP speaks his eyes don't wonder ...very straight up guy ...we remember it's simple, just drill it.
Comment by CaseProdemo on Feb 08, 2023 11:34am
For those that do not know what the 2021 plan was. He plans to built a processing plant 10 km north of town near the high grade open pit deposit that has enough gold in it to pay for the plant in two years. It would produce a minimum of 100 000 ounces per year if we do not add the con mine ore and 150-200k if the con property is added. With the ounces we already have it is a 10-15 year mine life ...more  
Comment by red on Feb 12, 2023 7:56am
Bitcoin and pray lol ...had to laugh at that ....nice! Neil Campbell ( who discovered the Campbell shear) would probably be happy to know that GP is approaching this area with the same tenacity, and further develop the original discovery.  intresting read, while we wait for more news  https://www.geosociety.org/documents/gsa/memorials/v10/Campbell-N.pdf
Comment by CaseProdemo on Feb 12, 2023 5:10pm
I am sure Mr. Campbell would be proud to have Joe and Gerald follow in his footsteps. Each with their own unique skills. We are in good hands for the succes of this project. With a little luck they will find the ounces needed to move forward. This project has everything going for it.
Comment by red on Feb 13, 2023 7:53am
CP, I think a bit better than just luck here on this one....there is geological sciences at work, substantial expertise etc. but yes the luck part would be the 2-3 million oz or more jackpot at this particular site, which is but a pin pri-k of a huge claim as you have noted, but in the background and as GP has said and proven each time he drills, it's all there for more  ...I think we are ...more  
Comment by CaseProdemo on Feb 13, 2023 2:52pm
I have been looking for similar junior mining projects to invest in and nothing looks as good so far. There is always something less atractive. Project potential, Location, Management , Market cap. Timing. Risk-reward.  The biggest risk we have is if for some reason we stop drilling and the project stalls. Just like it did 3 years ago before GP.I don't see that happening as long as we got ...more  
Comment by red on Feb 14, 2023 7:54am
Just have to look at details of deal with Newmont to see his alternative plan ... one of several. He has put a lot of thought into it for good reasons. All he has to do is prove resource. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities