Gold Terra Resource Corp V.YGT

one great wedge away from a turnaround.

[CaseProdemo]

I have a feeling that is all it takes. One great hit.The market has already seen signs of the start of a bull run. The VRIC had reccord attendance, with lots of new blood interested in this beaten down sector. That is how it starts. The money will come back soon and off we go never to look back. I said the same thing last year but this time feels different. Timing these things is impossible. You know : If it was easy..............Good luck.

[red]

Good to hear on those who know what to look for on the signs of the market, will be nice to see more indicators,  insofar as GP and his plan, everything he does is for well thought out reasons, no one should doubt that, we have a one of a kind working for us ( and himself) on this "special class of its own" project.

[red]

From web site see below link .....progressing and will likely find the additional 1 mil oz ....will take a few wedges and maybe another deep hole ....but who knows what this guy has up his sleeve. Whatever...he is progressing where other do or cannot..... https://cdn.jwplayer.com/previews/1XipDgHl

[CaseProdemo]

Now we know why the first wedge took so long. Seccpnd Operator . mistake. I bet someone got a pink slip. I am happy this happened now and not 6 months from now because we can now open up a much bigger area  600 meters below the shaft. It takes us to the bottom of the second hole faster not spending money on wedges  200 meters below. Silver lining.

[Tuckerthefox]

Agreed on all points

[CaseProdemo]

What this new hole will show is if it is worth buying the con mine.It is all we need. This one hole if succesfull will show : 600 meters by 400 meters by how ever thick the sheer will be can hold a million ounces if the grade stays the same as the old mine. Add the gold from the first deep hole and asume it is not cut off between the two deep holes and there it is. Pull it all together in a

[red]

I am sure there may be more than pink slips involved as GP will not be a happy camper about this situation on the wedge from 55. In time we will hear what happened.  Regardless new hole 56 will be a bonus and is an expansion and escalation of GPs plan ( and is probably coming to us at great value )to expand on the target shear and who knows what jewelry box's he finds along the way

[CaseProdemo]

The failure of the wedge forced us to go all in on the next deep hole. He had to do the wedge program to get as many ounces out of the first deep hole as possible but it also took valuable dollars and time away from the next much more importand deep hole. The first hole did it's job confirming the shear goes on and it has gold in it. It would have never delivered the amount of gold we need

[red]

Cannot argue or deny the facts as you have laid out.  what I would find interesting  is how much of a deal did he get on 56 before giving anyone the boot !  as low as our drilling costs are todate, you can bet they just went down lower on this hole.  blessing in disguise is so far as our bigger picture goes.   

[CaseProdemo]

We did not pay for the first mistake.That was all on the operator. This seccond mistake should be no different but I have no conformation on that yet. It is part of the same contract so depending on the mistake we should not be the ones holding the bag. We lost a lot of time but that is all the same now that the market does not move on news anyways. Given all that would you rather be broke with

[red]

Foraco is clearly doing our drilling with intention of creating a relationship for not only exploration drilling but also production Drilling. They are not here for a one up this was being set up for long term relationship, GP has options in Yellowknife if he needs and Foraco knows that.  a company like Foraco would be extremely concerned about thier reputation and relationships especially

[CaseProdemo]

You nailed it Red. We are dealing with a global drilling company not a local that would have gone out of business over this. And we are lucky GP went with the more expensive large company that guaranteed the work. When I said someone's going to get a pink slip I did not mean the company but the guys at the rig. I am sure the next crew will do better or the pink slip will be for their company

[red]

Clearly ( assuming it was not an equipment failure) they had the wrong guy on the site. This is not the first time doing these holes and or wedges at this depth. So I agree there will be a field / site, equipment adjustment lol .... three strikes and your out and that is not going to happen, Foraco will not let that happen ...the they can't. I don't doubt, We will have a new driller, new

[CaseProdemo]

I still stand by my first feeling that this mistake is much better news for shareholders than bad news. It goes back to how to best spent the money.Time is also importand. We need more of both to give the market time to get it right, or we are also forced to go to sleep like 90% of our fellow junior mining explorers. Most of which won't be able to wake up after it is all said and done and we

[red]

Hey CP, I am sure we are not the only ones who believe that eventually this goes full circle plus. I am comfortable we have done our own DD along with others who are silent. Just a matter of some time and this drilling ( at probably very reduced rates by  for Hole 56 ) that's puts us in a new club of interest by investors. I figure some performance based deal with foraco on drilling and

[CaseProdemo]

That is why GP needs to know we the shareholders stand behind him, he needs it. Everytime I reached out to him he has responded and he always answers my questions. I suggest you all do the same and you will find out this is NOT some promotion to trick investors putting money in a pipe dream. It is crazy how cheap the stock is trading compared to the value locked up in the company . Nobody is

[red]

I have had the same experience contacting GP. Ask and he answers in 24 hrs or less . And I don't thinks it's because we have met. I do believe it is the way he rolls