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.

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

View:
Post by CaseProdemo on Jun 10, 2024 1:37pm

Hole 056

I did mean our succes for current shareholders may hinge on these 056 results.
Worst case is what I am talking about. I still beleive we will be succesfull below the Con deposit and end up buying the con mine. Let's say I give it 20% it is not going to happen.
If we do not find more gold and he decides not to buy the con mine, the stock price will stay low and he will have to dilute again for even lower numbers. Going north will be possible without the con but set us back a couple years at a minimum and the stock will be stuck untill we have a plan to put a mill in North of town.Still a great project for new shareholders like Sprott but not so much for us old ones that payed a lot more.GP will be fine as long as he keeps his job for 350k.This hole is that important in my oppinion.
Comment by red on Jun 10, 2024 3:46pm
I figured as much CP - all good - we are on same page.  At the end of the day yes...it's all wishful thinking pending some soon to be released news results from 56..... about hitting the CS and once we are in it and unless there is some unforeseen issue .... shortly there after ... with wedges, the sky could be the limit .  GP is bent on finding 2 million ..... he could very well ...more  
Comment by CaseProdemo on Jun 11, 2024 6:54am
I agree. That is why we need to drill it. The opportunity to find that much gold in such a small area is the only spot in the world I can find any junior is drilling at this moment. A major might have a similar hot spot currently but that would be lost in the big pickture of those large producers. It does not move that needle.We however could be the stock of the year with a bit of luck. Like they ...more  
Comment by red on Jun 11, 2024 8:12am
75-125 meters away from the target last week.....we are likely into it this week ....shear indicators have been found ...does GP tell us or waits until we are thru it? Only he knows ....next steps need money for wedges and winter drilling north timing should be perfect to do that...gonna be interesting..
Comment by CaseProdemo on Jun 11, 2024 11:47am
What if the shear is 200 meters wide down there? It could take another week to get to the other side. Pockets everywhere. Gold fever. 
Comment by red on Jun 11, 2024 4:10pm
At the AGM, I recal GP saying he has studied mush of the previous drilling core results of the con mine ... he knows what to expect before hitting the CS ......unlike other news releases this time he has indicated that he has encountered Crackle Calcite and is a precursor to hitting the shear, he would know this from his studying of the historical records .....Safe to assume then that he is simply ...more  
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