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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 Nov 22, 2024 2:08pm
46 Views
Post# 36326443

RE:RE:RE:Wedges

RE:RE:RE:WedgesWe are in a critical period for the company and the whole sector as well. Things are looking up if you look at precious metals prices at reccord hight but valuations are at bottom levels.New money is not available or too expensive for old shareholders.Why sell the company for almost nothing? We have too many exploration companies that will never be a mine and most will never find something worth while. That is also what holds the few good companies back. On the bright side this is aboud to change. A lot of bad ones will be bought or go bust. The miners need new inventory and the good projects will find a bid much higher than todays price.The best thing GP can do now is let the market catch up and not isue more shares to keep drilling.  
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