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Bullboard - Stock Discussion Forum 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... see more

TSXV:YGT - Post Discussion

Gold Terra Resource Corp > New article on Gold Terra. Looks like someone messed up!
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Post by Systemtogo on Apr 11, 2022 12:53pm

New article on Gold Terra. Looks like someone messed up!

Looks like their waste management contractor, Boart Longyear, screwed up pretty badly but it's nice to hear Gold Terra has taken responsibility and doesn't see any environmental damage coming from this. Looks like they'll be looking for a new contractor to take this on. Still might be a bit of a black stain on us. 

https://cabinradio.ca/89830/news/yellowknife/gold-terra-cleans-up-after-inspector-criticizes-walsh-lake-project/

 
Comment by red on Apr 11, 2022 3:38pm
Clearly a screw up - Not acceptable and if I read GP and Joe corectly when i met them here - someone is getting the boot and a big one at that - no reasonable subcontractor would walk away from that, ultimatly its on YGT but someone is going to pay and its going to be dearly. The actual clean up is small compared to the other damages.    
Comment by Systemtogo on Apr 11, 2022 4:00pm
I smell a lawsuit!
Comment by geolith on Apr 11, 2022 8:46pm
Everyone agrees this is unacceptible. How did it happen that no one saw it until inspection? Who was the driller, the 5th man, the geologist. Many layers and they all failed. This stuff can happen, but it gets fixed right now!
Comment by Systemtogo on Apr 11, 2022 10:02pm
I'm not so sure about that. There's always going to be some environmental damage and waste left behind no matter what but my understanding is that the waste management contractor is supposed to clean up as best as possible, especially after the project has concluded. My guess is Gerald probably didn't even know about this until the inspector contacted them. However, they're taking ...more  
Comment by red on Apr 11, 2022 10:37pm
I am thinking they have 3-4 ft of ice could be more .... they could take the area and literally scrub with biodegradable soap and water and a small army of vac trucks and clean that area up and still have 2 Ft of ice.... Gerald will then chip some of that ice and add to his gin tonic .... job is done lol and it will be. 
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