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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 > Going forward...
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Post by GTN85Y on Jul 25, 2024 12:16pm

Going forward...

The wedges will be the catalyst this fall and into next year.  GP needs the support.  By the looks of it, so long as the shear doesnt take a 90 degree drop, stretching out with wedges will be able to quickly tell us where to start digging.  Gold is there and its everywhere.  The price for this exploration is really not that expensive comparably. A stubborn market for the Junior mining companies continues.  With US elections happening this Q4, there is bound to be some new sentiment in this sector.  Drill result updates on a more frequenet basis would be ideal to get YGT name out there during this period.  Support at 0.075 since end of may and eric sprott is currently up around 25% on his buy-in.
Comment by red on Jul 25, 2024 7:09pm
After initial no CS hit, He probably calculated the drop off and why he continued deeper knowing that should expose, as CP stated , more shear to wedge into ... in theory seems To make sence.  while very deep we have to keep in mind he is going where no man has gone before , on this site , in all the years that others were working there in the past.  Geologists could probably tell ...more  
Comment by CaseProdemo on Jul 26, 2024 7:36am
The reason 55 hit is that it was drilled at a much greater angle. It could only miss if the shear was not there at all. 56 is easy to get a miss if the shear dips down just a few degrees more then anticipates. It is still there and the wedges are close  at the bottom. That is what I am exited about
Comment by red on Jul 26, 2024 9:32am
From news in Feb and looking at the chart in the news release ..... seems to me that every wedge north from 056 .... will have potential ... check out the NR and chart  to see for one's self.  given he is where no drilling has gone before he would have anticipated this possibility  GP said we would all hear when he it the CS .... the first wedge north will prove it self ...more  
Comment by Tuckerthefox on Jul 26, 2024 9:51am
Not to mention drill samples have shown  mineralization similar to those just before hitting the CS. We are very close to it if that's the case. TTF
Comment by red on Jul 27, 2024 8:26am
True .... if we are parallel to the downward dip of the c shear he may have several hundred meters of indicators, will be interesting for sure when he reveals the details.