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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

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Post by CaseProdemo on Nov 09, 2022 1:54pm

Plan B

Let's play devils advocat. What if plan A does not work if he does not find enough high grade gold @ south Con to buy the mine. I think that has 25% odds at this point. Just a guess.
Plan B would look something like this.
Gerald plans to built a smaller mill north of town producing 100k ounces. That would give him a 12 year mine life with the current ounces in the ground. At the same time we keep looking for more high grade deposits north of town within 25 miles of the plant. That would still get us a 500 million dollar company  perhaps much more if he finds more ounces. Not bad for a 40 million dollar marketcap today.
Comment by CaseProdemo on Nov 10, 2022 5:48am
Divided government here in the US is good for the market. That is also good for Gold and junior gold mining stocks like us.It stops the crazy spending of money we do not have. The fed will pivot soon and off we go to higher gold prices. That is all we need to break the Bears back. Another famous quote from Gerard: You never own enough of a great story like Gold Terra. My seccond favorate after ...more  
Comment by red on Nov 10, 2022 10:30am
You've done your part to get the horse to the water ... can't make him drink it.  we are in good hands and I hope others see the same soon ... but as usual you have to look DYODD 
Comment by CaseProdemo on Nov 10, 2022 11:26am
Thanks Red, I was hoping to get some more shareholders sharing idea's. I guess we are a two man band with 100 chearleaders. That's OK. You need to do your own DD anyway.. I did mine and it has been one amazing discovery after an other.. How did everybody miss this for decades????. I understand why Newmont passed on it and everybody thought they must know what they were doing so it went ...more  
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