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Gold Terra Resource Corp V.YGT

Alternate Symbol(s):  YGTFF

Gold Terra Resource Corp. is a junior gold exploration company. It holds a portfolio of gold exploration assets in the mining jurisdictions of the Northwest Territories and New Brunswick. Its Yellowknife Project (YP) encompasses 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 prolific Yellowknife greenstone belt, covering nearly 70 kilometers of strike length on the southern and northern extensions of the shear system that hosts the Con and Giant gold mines. YP comprises the Northbelt, Southbelt, Eastbelt and Quyta-Bell properties. 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. It is also focused on its drilling on the prolific Campbell Shear, where over 14 Moz of gold has been produced.


TSXV:YGT - Post by User

Comment by Systemtogoon Jun 05, 2022 2:53pm
140 Views
Post# 34732627

RE:RE:RE:RE:YGT quiet …

RE:RE:RE:RE:YGT quiet …As Warren Buffet said, be fearful when others are greedy and be greedy when others are fearful. That being said, I think the markets have a very long way to go down from here and will pull juniors down with them. However, I'm averaging my YGT shares at 23 cents and even if we went to 10 cents a share I'd still be happy with that investment and add to my position. The only potential kink in the hose would be if the markets and economy is so bad that Gold Terra has difficulty raising more money. I would hope with Gerald's track record that that would not be the case. We have Newmont who should be able to back us up in that case unless they want to lose their previous investment. Gerald himself also has a lot at stake so perhaps he as an investor could keep us going. Only time will tell but I'm pretty confident in this one. Speculation aside, the resource estimate this fall will tell us what we need to know as to whether the hype is for good reason. 
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