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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

Post by CaseProdemoon Apr 06, 2023 12:38pm
256 Views
Post# 35383283

Time for a re-rate.

Time for a re-rate.I understand the "market" has a wait and show me approach today on our stock. But the news in the last two years has been 90% positive with the new much better deal to buy the con mine in place and the gold in the ground more than doubled with plenty of upside potential. The stock has gone down 50% in the same period. The only negative news we had was that the gade south of the con was 7% so far which is still great high grade gold. The market was looking for 10%. I said so far because we are still drilling and that number will evolve. Compared to our piers we should be a 100 million dollar company today at a minimum.
We have 1.7 million high grade ounces so far and Gerald thinks we will be a 4 million ounce company soon. That will make us a 250 million junior compared to other similar deposits wich are very very few and far between. There  are many low grade excamples but only a hand full high grade and none of them are in town. Do your own research and double down. That's what I did.
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