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Gold Terra Resource Corp V.YGT

Alternate Symbol(s):  YGTFF

Gold Terra Resource Corp. is a junior gold exploration company. The Company holds a portfolio of gold exploration assets in the mining jurisdictions of the Northwest Territories and New Brunswick. The Company’s Yellowknife Project (YP) encompasses about 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 Yellowknife greenstone belt, covering nearly 70 kilometers (km) of strike length on the southern and northern extensions of the shear system that hosts the Con and Giant gold mines. YP is comprised of the Northbelt, Southbelt, Eastbelt and Quyta-Bell properties in the Northwest Territories as well as additional claims and property interests. 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.


TSXV:YGT - Post by User

Comment by Briocheon Apr 15, 2024 6:37am
101 Views
Post# 35988799

RE:RE:RE:RE:RE:RE:He gets the shares at 0.05 the lowest possible ....

RE:RE:RE:RE:RE:RE:He gets the shares at 0.05 the lowest possible ....1) Drill results doesn't bring one only cent of money . And ygt was running out of cash . That's why he called Sprott. On that matter you should relistening the nov interview where a new dil at 10 cts was unimaginable ( 10 mil ) . ....Look at what  he gets today .

2) the drill results won't be for tomorrow . The first deep hole  23-055 took 7 months for the results . ( 1 month lost because tte wildfire ) 
The new one ( the 2nd  056 ) started in theory mid february this y with a target 600 m ( 6 HUNDRED ) below the the existing shaft . So at best 25 % more work. Do the maths .... for the time release. 

The  big mistake in recent drilling ( the wedge)has  had a huge cost . 
That the mining risk gerald did not see coming . 
Ygt is well undercapitalised . 

On the good side , i think nem will offer him more delays for the option. 
 
I want to say here i am in , and my goal is not bashing  at all . But sometimes some dreamers should take some distance .
Correct me if am wrong somewhere. Gl

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