Gold Terra Resource Corp V.YGT

Alternate Symbol(s): YGTFF

Metals & Mining Gold

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.

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Gold Terra Resource Corp > napkin #2

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Comment by CaseProdemoon Oct 28, 2022 1:22pm

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Post# 35056317

RE:RE:napkin #2

That is the million dollar question. What is the next financing going to cost us?????
I thinks he is only doing a small 3-5 million and keep the drilling to around 15,000-20,000.
As soon as the market turns he can always do another one and ramp up. He could also pull a rabit out of the hat and get a local bank to bite (they have the most to gain) or issue bonds. If he decides to shut it down for a while, that would be fine with me too.

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