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
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 !