Gold Terra Resource Corp V.YGT

napkin #3

[CaseProdemo]

Let's say he got his 2 million and 25% at mispickel but things got tough. The startup cost 500 million and the grades fell by 50% over the life of the mine. We would still make 2 billion over the life of the mine. That means he is going to built it come hell or high water in my oppinion.

[red]

Well CP, if you or anyone on this BB can see it, and I do agree with your napkin thinking, you can bet that those with the money, ways and means can see it ...and that's what counts. I figure GP gets what he needs to expand on his plans, we'll know soon enough, lakes freezing over up here, drilling season is soon upon us. money markets what they are, GP sees the challenge with that

[CaseProdemo]

Hopefully my napkins will shake some money managers up . #1 had 110 reads and #2 126 so far. Only 3 of us care to respond. I hope they are all doing their own numbers and if I am right the silence tells the story. Can't wait to see what Gerald and Joe are up to. Thanks Red.

[red]

I been on this board for awhile unfortunately while we do have a flowing not many comment too much but also may mean it will pick up as the story gets out ... sit back and take it all in cause I think it's coming on this one. 

[CaseProdemo]

That was me for a year untill I decided something is missing and jumped in. We know GP is a big pickture guy that makes things happen. So lets try to get into that part of it. It is clear now why he does not want the new mill on the con property in town. The official reason he gave was it was not good for the town (noise and dust). Perhaps another reason is the buy back option Newmont has for two

[red]

Funny you should say that ....I noted that comment on noise as well. ( and am very familiar with that noise from con when it was operational) But he also said previously, that a new mill  20 min north of town and then haul 1000 tpd from the con site was a possibility meaning a new permit process,  He also mentioned his confidence on his ability to push the possible development in ways

[CaseProdemo]

And that is why we are all in this. It just smells like oportunity and we are on the ground floor. Two trucks and four drivers is all it takes to get the con ore to a new site out of town. I don't think that  trucking requires a new permit like it would for opening the new plant.The con mine already has all permits. It is a brownfield site. It might need some updates but that should not

[red]

Exactly...If he goes with the existing permited, 98% remeadiated con site, all we are doing is hauling out gold bricks lol. 

[red]

Ooops forgot ...con brownfield site includes existing 70-100 million shaft, 30 million WTP, power, fantastic access, fencing gates n guardhouse etc etc many extras. Ready to mine ! 

[CaseProdemo]

And there are thousands of possible investors that never did hear aboud us. Time for Gerald to hit the trail , make the case and get the share price up. I think the fed is going to pivit soon and that will trigger a new gold bull market. We are at the bottom here and if you are willing to go long, the sky is the limit. I am still looking for anything else close to this in upsize potential. Nothing