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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 Nov 21, 2023 8:17am
119 Views
Post# 35745950

RE:New longer interview with Gerald...

RE:New longer interview with Gerald...I'll reply to my own post I guess haha. So what I took from this interview wasn't the best, although I still remain my strong buy position in this company for the long term. Our last hole wasn't very good, no, but what is more concerning is being able to raise capital in this market. Gerald said in this interview that he has his limits and he's now looking for an extension to find 2 million ounces because he doesn't believe they can make the deadline within 2 years. Basically what that tells me is that it's do or die. We either pray and hope for gold junior to see a boom at we raise more money in this time or we find a lot of gold despite doing the little drilling we're doing. I think we'll need a little luck here but I'd love to get your opinions on what he said about this. 
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