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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 > Lottery ticket
View:
Post by CaseProdemo on Oct 24, 2024 11:36am

Lottery ticket

It is true this is not fun to keep issuing shares at these low prices. GP knows this and is hurting himselve the most..
Still no warrants so that is good.
He is doing the minimum amount to keep drilling so I am good with it. 
The mood is changing and once it gets down to the juniors we will be one of the few that have a real project with history and gold in the ground. Don't loose hope GP will get it done.
Comment by red on Oct 28, 2024 8:15am
Could be that GP is either been asked to prove that the CS is north of 056 to secure more funding by an known investor of significance or he is simply just just looking to add to his road show. Thus putting his money where his mouth is. He has said it may be 20 m or 200 m and that when he hit it we would be amongst the first to know. Who is watching besides Newmont?  we all know what the CS ...more  
Comment by CaseProdemo on Oct 28, 2024 7:35pm
He is realy literary between a rock and a hard spot. It is self defeating to do more financings at 5 cents and he needs the stock up to make his plan work for the long haul. If he stops drilling the stock does not go up unless he can find a buyer for the whole company.He is doing the minimum to keep going. In this market nothing realy works and nobody cares utill at one point they do and you don ...more  
Comment by red on Oct 29, 2024 8:06am
The newmonts and other producers of the world are rolling in money and looking for exactly what YGT has potential for, so the picture does not seem hard to paint with a bit more of GPs success. There is an element out there that thinks gold could be 6-8k an oz ( and all kinds of speculative reasons for that) and that inventory is needed. Lots of projects out there but few good ones and fewer with ...more