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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 CaseProdemoon Dec 17, 2023 10:00pm
122 Views
Post# 35789151

RE:Valuation?

RE:Valuation?We have almost 2 million ounces already . There is another 600k ounces left in the mine. I beleive there are at least 1-2 million below the mine to be found. So let's say we have 3 million at the end of 2024. These are High grade ounces in town. To give you an idea how much they are worth. GP paid $75 per ounce 15 years ago for low grade out of town for one milion ounces and gold was at $400. He won't let this go for less than $100 in the current  $2000 per ounce market. We should have a $200 million market cap already in my oppinion
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