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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 GTN85Yon Aug 26, 2024 3:59pm
94 Views
Post# 36196592

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

RE:RE:RE:RE:Sad to see a bankrupcy price for this stockAlot of northern Jr's are not doing well right now. Debt repayments are higher and costs associated are higher.  Some companies have been government funded. Financing is everyone's issue, but as for drilling in the north for the costs GP boasts- considering yellowknife's gold project needs of newer/updated economy with the diamond minds shutting down within 10 years... I say that YGT stays in business for quite a few more years. Gold prices will still be elevated when we ACTUALLY see the CS.  These wedges are the true indicator from the start, the drill to 3002m was a hope. Positive results in the next 18 months - otherwise this story changes.  Gold price will eventually dip again.  GLTA
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