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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 > 3D Presentation
View:
Post by geolith on May 09, 2023 2:43pm

3D Presentation

The 3D presentation referenced in the news release today is fantastic.  It really tells the story and is a must see for any investor.
Comment by Crashtestdumby1 on May 09, 2023 5:15pm
I agree.  I like the idea of drilling down to the bottom of the CON mine, implementing the wedge drill, and then shooting off in multiple directions for 100 meters.  Two things cross my mind. 1. Don't tell my wife and buy more. 2. Why did Newmont not do the two holes without GTerra? I do believe these two holes could significantly change the valuation.
Comment by CaseProdemo on May 09, 2023 7:34pm
Why did Newmont not drill below the mine themselves? that is easy : Gold was $300 when the mine shut down. They got the con mine as an extra bonus in another deal they were after. The Giant mine next door had a huge contamination problem and opening up the con in town  was not an option at that time. Fast forward to today and Newmont does not have the land package to open up a mine outside ...more  
Comment by red on May 10, 2023 8:55am
Yes back in the day Newmont had lots on thier mind and focused more on the trend to close con and refocus efforts elsewhere vs looking at the con deposit expansion that was around and below what they hand at con.  GPs mentor had it right in that he told GP where the best place to find gold was at or near an existing mine, which, given the high grade that con was, teeeked GP to get to where ...more