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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 Oct 17, 2024 12:28pm
68 Views
Post# 36270144

RE:RE:RE:RE:RE:RE:RE:YGT and the Lassonde curve

RE:RE:RE:RE:RE:RE:RE:YGT and the Lassonde curveI know my own opinion of what it should be worth. I tried to point out what GP paid almost 20 years ago for the detour mine he build when gold was 500% cheaper. In today's world deals are done around $200 per ounce. That would put the stock at $ 0.70. If we had a producing mill the stock at $ 2 would still be cheap compare to others. He does need to stop selling stock so cheap or those numbers no longer apply.
In that contest the whole sector is so undervalued it does not make any sence even in 
todays world.Juniors at all time low and gold at all time high has never happened before. All the money goes to one sector and the other high risk high reward is completely ignored.  You would think that at one point things get so cheap and tech is so high we can see a correction. It would be nice to get some more imput on the company from different parties or what is going on in the area. I would like to hear more what it would take to get the con mine back in production. Both in money and time lines and local suport or protest..We get some but that is mostly opinion.  Only a few more weeks and we will have answers on Brics and elections and hopefully see the tide turning. Fingers crossed.
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