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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 longer interview with Gerald...
View:
Post by Systemtogo on Nov 20, 2023 9:29am

New longer interview with Gerald...

Worth a good listen...

WATCH INTERVIEW HERE
Comment by red on Nov 21, 2023 8:15am
Masterful.... and yes one has to watch .... gold is there, people and significant infrastructure is there ... just some drilling time and he is in his way 
Comment by Systemtogo on Nov 21, 2023 8:17am
I'll reply to my own post I guess haha. So what I took from this interview wasn't the best, although I still remain my strong buy position in this company for the long term. Our last hole wasn't very good, no, but what is more concerning is being able to raise capital in this market. Gerald said in this interview that he has his limits and he's now looking for an extension to find ...more  
Comment by CaseProdemo on Nov 21, 2023 10:57am
His story did not change. We have a terribly bad market that values juniors up to 90% discount from just a few years ago. As a consequence we have no access to new capital without killing the current shareholders. He is realistic. We have 3 choice's. A Shut the door and wait for a better market. B Keep drilling at a slow pace to buy some time and preserve cash. C Do a raise and dilute current ...more  
Comment by Tuckerthefox on Nov 21, 2023 11:34am
Keep in mind 1.7 m is about 6 ft in depth.  With 12.93 gm per ton. It doesn't tell us how wide or long. I'm waiting for the wedging results before passing judgment. GLTA TTF