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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 Sep 19, 2024 10:39am
109 Views
Post# 36230916

RE:RE:RE:Markets

RE:RE:RE:MarketsAnother disappointing interview with CRUX investor.  GP's story is getting tired.  Gold is at $2600 and there has currently been zero interest in gold terra other than Sprott months ago as far as it appears.  Should investors be concerned that YGT drilled deeper than what was disclosed with poor results or discovery?  No wonder the sentiment and trend has been downward since these results came out.  A two year extension with slow progression is very telling that if there is no additional discovery on top of just proving the campbell sheer - this share price isnt going anywhere. If it does, financing will need to take take place at some point and the investor will be stuck paying.  Interest is there for gold - not gold terra.  Giant mine remediation according to the news is being fast tracked.  Maybe giant mine has a better chance of opening than con.  When my mother was layed off from Miramar over 20 years ago the mine was flooded and at that time there was no vision in it ever opening again.  Within the last few years the historic robertson shaft was taken down -maybe because it was too old? or maybe someone knew we wouldn't need it anymore. Again GLTA - buy now at 5 cents or less and maybe get 20%-50% return but be quick because someone out there is going to eat that influx.
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