Gold Terra Resource Corp V.YGT

Keep Drilling

[CaseProdemo]

Looks like he does not want the drill rigg to leave and is financing one wedge at a time. 
Gold keeps going higher and the BRICS are a mixed bagg. Some progress on dumping the dollar but no new gold backed currency's announced. It is going to be slow but they keep going for a separate parallel system. Not enough trust to throw the old swift in the trash yet. India wants to be in charge and play both the US and brics but China is the bigger player. Every central bank is still buying gold. They will do it eventually but it could be with all new countries. Who knows.?

[Tuckerthefox]

Agreed CP. Wedges on there way. Hopefully the drilling company have the top wedge guy this time. One 20m wedge could change everything. GLTA TTF

[red]

I think your right on the rig and ways to keep moving forward. No matter how we look at it, the wedges are a one at a time situation given we have one master hole 056, to work with. it will be interesting to see at what level below 2000 m between about 3000 that he starts to wedge north, likely a shallower start ? We know he has some indicators of the CS to the north of hole 056 so at any level

[CaseProdemo]

Red he has to do the deepest first. It does not work the other way. Once you set it you can not go back in the same master. I am sure he doe not want to drill the same distance twice. LOL.

[GTN85Y]

The investor needs results and good results to actually have interest in all of this project..  After the mess created with all the arsenic by Giant mine - real serious results warranting a good deal for FN and GNWT need to happen.  A downward deep drill hole isnt going to give results or at least good results.  The story is to see how big the CS is. Will it narrow out as it goes

[goingalta]

Ok boys I have drilled many many wedges looking for gas  Alberta Saskatchewan. We would go in the master hole  pick our depth say 700 metres start our wedge kick off side ways go 100 meters survey. Then lift up 30 meters wedge sideways another 100 meters survey lift up do it again you can do this till you run out of money or you prove up more better results. Some wedges  go very

[red]

Nothing like the voice of experience! Good comment  85Y -  point taken, remember the journey and the destination thing ..destination being an new operating gold mine...in our case lots will happen during the journey. I liken this situation to the boat being fueled up but has not yet left the dock, any number of things could happen....it's the  world of juniors. Everyone must

[CaseProdemo]

Pulling up is right. You go deep first then pull up as many wedges as you have money. In our case we start with one and let the market recover our intrinsic value and regroup.It's simple.