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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 GTN85Yon Dec 04, 2023 1:04pm
238 Views
Post# 35767362

All fine and dandy but...

All fine and dandy but...GP seems to have alot of confidence in Gold Terra as he is invested in YGT with nearly 7 million shares at approx 0.26 cents.  This is great as he sits along side with all other investors but... He has noted that he does not think Newmont will buy the option, the results may be a technical success but truthfully were not great results 12.93/1.7m.  Sounds like operations for YGT are slowing due to financing  Because the market being is so poor Right now, without someone to jump on board (with $10m lets say) small investors will be gobbled up.

0.05 cents a share seems like a good entry point for small gains interim
GLTA
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