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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 Apr 15, 2024 12:26pm
159 Views
Post# 35989595

Fear/Greed and Sentiment

Fear/Greed and SentimentI cannot fully disagree with the objectivity (fear).  It is expected there will be doubt especially after the tough years we have had recently had lets just say beginning of the COVID pandemic.  I also cannot fully agree with the positivity of the loyal stockhouse members of YGT (greed).  This is a risk as is any Micro-cap stock.  Yes Eric Sprott has joined and has shown interest and is placing $2.5 million worth of interest in hopes of getting some kind of return other than negative at $0.05 assumed to be placed around the end of this week.

As for sentiment, what goes up must come down! Gold is at highs right now but may not last.  Until there is more certainty in the market and interest rates start going down I wouldnt start being too aggressive until a second rally of gold to reach new highs has begun.  Anything put down until that certainty is there will be eaten up by the sharks IMO.

The YGT story has alot of substance and has a lot of good options for growth including local political interest in regards to mining more critical minerals.  Remediation of the mines close to town has been an ongoing concern and an ongoing project.  Local sentiment has changed over the years in regards to having these mines rebuilt but things need to be done proffessionally and ECO smart. GP knows this and offers this. These points bring me interest and I can only hope that I am not the only one who believes this.  Either way there is still quite alot of time and interest for this stock to experince the Fear/Greed cycle.
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