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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 > Presentation day
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Post by GTN85Y on Jul 23, 2024 11:50am

Presentation day

Just by going off the most recent chat of this thread it sounds as though this should hopefully be an impactful presentation. YGT Share price at 8 cents. Eric sprott in at 5 cents. Gold around 2400. Q3 and Q4 of 2024 will be focused on wedges and testing the 1-2 mil/oz. 2025 is subject to financing.  Presentation slides indicate 2026 pfs/fs completion and production decision.  At some point someone will say the deal is too good and we wont see the share price in these trading ranges.
Comment by red on Jul 23, 2024 12:39pm
GP is impressive, knows what he is doing and is honest and straight forward ... lays it out well  no mater how one looks to spin it - this is a compelling situation and likely to be a significant mining story of success in Canada and certainly the NWT. 
Comment by CaseProdemo on Jul 23, 2024 1:29pm
The presentation was good. He explained it well why we missed the shear this time. It is a straight shot down in front of the shear. Never been drilled this deep before so you got to locate it first. It all makes sense to me now Perfect for the wedge's to hit the shear at the right angle. I learn something new every time GP speaks. Price comes to value we just don't know when.Weak hands ...more  
Comment by GTN85Y on Jul 23, 2024 3:38pm
This is an unfolding story. Does the shear extend beyond previous discoveries?  Chances are more likely it does. Good Management and informative CEO - members. Publicity has been relatively consistent.  Shareholders have been loyal.  The contract itself has potentiel. YGT Options are to prove Con Mine and Mispickle lake have what is being sought after. Huge land contract for high ...more  
Comment by red on Jul 24, 2024 8:21am
Agreed ... highly unlikely that it does not continue, he was clear these typically run for miles ....a couple wedges to the north and he is back in it ....we have been thrown a shear curve ball and will have to wait it out as the wedges get done.
Comment by CaseProdemo on Jul 24, 2024 4:04pm
I also thought he would hit the shear first and then pull up for the wedges. He did go a few hundred meters deeper but did not hit it. The good news is we have more area to wedge into.So it could turn out to be a blessing.
Comment by red on Jul 24, 2024 8:04pm
At this site and this hole .... we will be banking on that.  would have liked to hear on plans north of town for this winter but that's probably WIP  gonna be an intresting fall season !