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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 20, 2024 10:45am
76 Views
Post# 36273648

RE:Lasinde Curve

RE:Lasinde CurveWe are not at the bottom of the curve if you include the history of the con mine. I would argue we are at the end of it if you take the curve Idea- drilling- discovery-financing- building-mining. All in a new place. We are not in a new place so the original curve has to be adjusted for opening old mines that still have life and are worth opening up again.
That curve is much shorter for obvious reasons, you have a lot in place already, and we are 25% up on our curve already. The stock price has us at the bottom. That is the disconnect and also the opportunity. Gold closes @ $2700 
and we get valued @ $10 an ounce for ours in the ground. It takes $ 1200 an ounce to take it out of the ground including building a new mill and put a new elevator in the shaft. Come on guys. Does that makes sence????
What GP should be doing is get the rough draft of a feasability study out to the public.
He has it in his head already . Even with ballpark numbers it would open up eyes and we would see a much higher valuation. That would help him get back on the drill. It is simple
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