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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

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Post by red on Aug 20, 2024 8:56am

Wedges ?

Ok enough of a break, time to get to work and start to define the potential additional millions of oz in the CS that lays below the existing workings of tthe past producing Campbell shear at con. Safe to say we will get news when we start and when GP gets indication that he has hit the shear. Time is money let get going ! 


The first wedge is planned to start at 2000-2100 metres downhole with a CS target of -2700 metres, or 800 metres below the Robertson shaft. Wedges holes are designed to target the CS at depth first, and as we move up-dip, the wedges will be placed higher up. The first up-dip wedges will be started after a short break.

Comment by goingalta on Aug 20, 2024 11:54am
I feel these wedge holes will prove up major gold showings and jewelry boxes  these wedge holes are the way we target for gas in Alberta  wedges will show you where the bear shits in the buckwheat  Load up more shares prices are going up  way up  This will prove to be Yellowknife as a major Gold Camp
Comment by red on Aug 20, 2024 1:35pm
Agreed GA, it was and will be again soon after GO gets these wedges done.  the laughable part is that it always has been a proven camp, according to GP one of Five of the best in Canada,, and no one has done much here around the old con mine in 30 or so years.  he has proven gold south of the mine close to surface which no one else knew about and he knows the Campbel and Con shear ...more  
Comment by CaseProdemo on Aug 20, 2024 2:30pm
GP is only waiting on the market to turn and he can get the stock price up. It realy is about the money that is not available unless you kill the current shareholders with crazy dilution.He promissed that would not be an option after erik sprott got on board it was supose to be a one time cheap deal. This deep hole cost more because they kept going deeper and that took money away from the wedges ...more  
Comment by red on Aug 21, 2024 8:20am
With a full slate of presentations coming from mid sept to mid November, I am sure he would like to present some good news in Denver and or Switzerland.( check out up coming events on web site)  the start of drilling would be news and hitting Campbell shear with a wedge would also be news worthy ( he did say he would let us know) and create  a lot of anticipation / interest albeit seems ...more  
Comment by CaseProdemo on Aug 21, 2024 9:40am
I agree Red this fall is make or brake for us.. It is time to get back to work and get that first wedge in to prove the Campbell shear is present and holds gold. What worries me is what will happen after the money runs out . We can not affort another financing at current prices. It would be better for shareholders to look for JV oportunities on the ground north of town we are not going to use any ...more  
Comment by Tuckerthefox on Aug 21, 2024 11:01am
What happens if the driller screws up the wedges again? I'm very confident we hit the shear otherwise. TTF
Comment by GTN85Y on Aug 21, 2024 12:06pm
YGT is now on a 2 week downward trend since the wedge results came out.  They drilled farther than they said they would from what I was aware.  We are once again approaching a 12 year low at $0.04 cents. GP has a long way to go at average $0.27 /share for a starting point on his ROI.  We cant have anymore disappointing news before things become time and money wasted.  What will ...more  
Comment by CaseProdemo on Aug 21, 2024 1:13pm
Those are valid comments. The reason the stock did not go up when we did have good results is because the sector is ignored. Nobody cares wo is not already invested. This is a bear market cycle.All junior mining stocks suffer now. A lot of them will not make it. Those that do will be 10,20 even 50 baggers in a bull market. These markets never last and when it turns it can be violent to the upside ...more  
Comment by red on Aug 22, 2024 8:00am
Our CEO continuously buys in at market price and should speak volumes, sure it's probably peanuts to him but it's remains a show of confidence that he is riding the base of the wave like the rest of us.....with the exception that he knows a lot more than we know and he knows where this will eventually go. When a guy is invested, continues to invest and has  the experience as he has ...more  
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