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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. The Company holds a portfolio of gold exploration assets in the mining jurisdictions of the Northwest Territories and New Brunswick. The Company’s Yellowknife Project (YP) encompasses about 918 square kilometers of contiguous land immediately north, south, and east of the City of Yellowknife in the Northwest Territories. The... see more

TSXV:YGT - Post Discussion

Gold Terra Resource Corp > He gets the shares at 0.05 the lowest possible ....
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Post by Brioche on Apr 12, 2024 4:22am

He gets the shares at 0.05 the lowest possible ....

The shark is in now . This is only the  beginning. He will get the absolute lion's share when (if) a plant is decided within 12/18 months.  Stream for him ( 20% that's the norm) and more dilution coming. Gerald will be rinced unless he finds tons of gold . All the miners i have in which Sprout has invested have sink until its exit. The last one Cert is emblematic . 
No prisonner with him. Mark my words . 
That said , as the stock is at its  lowest , i wish everybody to recover the losses.
Comment by red on Apr 12, 2024 8:40am
Clearly "at this time" its all about the gold the CS holds ( and potential pockets found along the way ) and no good reason to think the lower CS is not as good as the upper .... it's never ever been tested by the previous operators .( which is hard to believe) ... GP is not saying 2 to 5 mil potential oz because it's not possible, not to mention his first hit on the last hole ...more  
Comment by Brioche on Apr 12, 2024 10:48am
Red , much respect for  your trust , but difficult times to come .  Only 12 months ago  , gerald got cad 4.3 mil for 17 mil shares . What's the result ?  And now an  incredible 50 mil shares for cad 2.3 mil !  Let's say a pfs is coming for a 100 koz prod. It needs at the very  very very best usd  100 mil .  Let'say 20 mil for a Sprott stream ...more  
Comment by Tuckerthefox on Apr 12, 2024 12:42pm
I get the feeling you have been burnt by Sprott, especially since this looks like your first posts on the YGT board. I have total faith in GP.  Yes, it would have been nice to have a higher stock price. Regardless Sprott stands to clean up with the low price he bought in. Having said that he has every reason to want ygt to succeed. TTF
Comment by Brioche on Apr 12, 2024 1:37pm
Hi . I follow ygt since gp took the lead . I made very few posts . You can check it if you have time to lose .  Burnt by Sprout ? Yes and no . It depends if you talk time and /or money . ( but it's another topic )  But more important : knowing cad 2.3 mil cost 50 milions shares , have you an idea how gp will pay the cad 8 mil ( cash ) he owes to newmont for the option within 18 ...more  
Comment by Tuckerthefox on Apr 12, 2024 2:09pm
Let's face it. Drill results will be a game changer. Fingers crossed. TTF
Comment by goingalta on Apr 12, 2024 6:02pm
Drill results should be very very very good we already have 2 mills on site 1 Derrick it all should come to gold production very soon. Gold Terra is going to ROCK get on board you will not regret it even at $10.00 we will make money
Comment by goingalta on Apr 14, 2024 6:12pm
Drill results comeing should push up share price 10 fold. All we need to do next is start mineing gold
Comment by Brioche on Apr 15, 2024 6:37am
1) Drill results doesn't bring one only cent of money . And ygt was running out of cash . That's why he called Sprott. On that matter you should relistening the nov interview where a new dil at 10 cts was unimaginable ( 10 mil ) . ....Look at what  he gets today . 2) the drill results won't be for tomorrow . The first deep hole  23-055 took 7 months for the results . ( 1 ...more  
Comment by CaseProdemo on Apr 15, 2024 9:31am
I do share your concern on the cash burn but you are wrong on the time to drill the deep hole. The first deep hole ate up at least 50% of the time from two major mistakes from the driller. All of it we do not pay for. If they got their s....t together this time it should not take more than 3-4 months max. I agree Sprott got his shares too cheap and Gerald had to do something to keep the lights on. ...more  
Comment by goingalta on Apr 12, 2024 12:36pm
Ok if you got a little extra money I reccomend to buy some Gold Tera shares the price is low remember buy low sell high. this one has great potential keep it on your bucket list
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