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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 Briocheon Aug 25, 2024 3:30am
124 Views
Post# 36195018

RE:RE:Sad to see a bankrupcy price for this stock

RE:RE:Sad to see a bankrupcy price for this stockCool man . Never said they were bankrupt , just the stock price , at all time low ( when gold is at all time high ! ) is trading at a bankrupcy price. 
That said ,  it's time for gerald to modify its approach . 
Both 55 & 56 holes are failures in some ways . The first with a real breakage and the second miss clearly the deep CS target .
Huge cost for the shareholders as it was financed by new issues , and all that time and work just for proving  the gerald thought about the CS position was right . 
At the end not a single oz added for the last 18 months at best. 

To restore the trust , GP should : 
Sell the Mulligan project ( for the treasury ) 
Postpone the deadline with Nem quickly
Consider a potential  reverse split ( 10/1) 
Talk prod quickly ( even very few by any mean ) north or south side.
Stop talking about his past everywhere .( this has never been a guarantee) 
Spread louder  the value on the paper of the  tangible assets on the ground . ( huge gap with m.cap ) 
Talking royalty , stream, loan (?)   to boost the shareholders faith . Stop talking difficulty for financing . The Goex is booming and ygt not. 
Etc..  the more the decisions will be  realeased at the same time , the more a reverse trend is possible.

Without a choc now the shareholders will continue to sell for a better gold stock .( pm could go way higher soon ) 
I very like gerald , but at the end he didn't deliver . It has been a downtrend since the first day of its take over . I hold a very solid bunch of shares as this stock should pay off . My fear is a bigger shark can buy all this stuff at anytime for almost nothing. 
@red : gerald buying shares for a paltry $ 1000 here and there doesn't mean anything . At contrary it shows a sort of financial limit . At least for me . GL for us . -)
just OPINION. 






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