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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 > 2025 the new bull market
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Post by CaseProdemo on Jan 10, 2025 5:24pm

2025 the new bull market

Two major developments will change everything. The 
canadian prime minister resigns and Gold terra is drilling again. If succesfull least for us shareholders that is enough to change the tide and get the price up. I did learn something new. It takes 700 meters to make a 90 degree turn into the campbell shear. That makes the price per wedge 350k. It is finaly happening and we will find out what's below. He needs a million ounces to do the deal with Newmont. Good luck.
Comment by red on Jan 11, 2025 9:05am
Both are significantl, but with 5-7 wedges planned for a combined 3000 m drilling he must be thinking he does not have to go that far to hit the CS .... but is a guessing game 
Comment by CaseProdemo on Jan 13, 2025 9:00am
A single hit 600-800 meters below the robbinson shaft of around 100 meters thick will change everything. It adds 15 years of mine-life @ 150 000 ounces per year to the plan. That is all we need for guys like Sprott to take the prospect serious. The alure of high grade easy gold with a low cost profile inside a Candadian gold town is what everyone is looking for. It does not need to be proofed up ...more  
Comment by red on Jan 13, 2025 10:58am
Not to forget what Newmont might do if he finds anything close to that ...in part why we should also be doing a bit of work north of town.  GP often refers to the similar deposits like red lake in Ontario with no shortage of leases over a large area wherein Yellowknife YGT contols the gold belt and has  lots of room for one to expand horizons beyond con. Heck of a story to unfold in an ...more  
Comment by CaseProdemo on Jan 13, 2025 5:03pm
Newmont has been selling assets to concentrate on bigger mines. It cost the same to manage a big mine than it cost to run a medium mine. They are not intrested in anything under 250 000 ounces a year unles it is super high margin and not much to manage it. They are for sure not going to build a new mine unless it has big potential.We are going to be bought by a builder or a medium producer. GP can ...more  
Comment by red on Jan 14, 2025 10:12am
With the amount of infrastructure on the site your probably right about a smaller operator but Newmont has options for a reason - GP is h-ll bent on proving the lower CS to establish a mill on this site and only one way to put that to rest.  the original plan of a mill north of town and hauling 1000tpd from con would be far more difficult ( new mill site) and time consuming but is not out ...more  
Comment by goingalta on Jan 14, 2025 12:50pm
Isn't this great stuff we are drilling again,all I can see is sunny days ahead for gold terra and the share holders.Goldterra does not need Newmonts deal,we should be able to build our own mine.GP is a top notch GEO I really think GP can pull this off hold your socks boys we will be pouring GOLD before long and we should have lots of work ahead for Yellowknife
Comment by red on Jan 16, 2025 7:56am
It is great forsure as we look to prove out what lays beneath the existing workings of this con mine, where GP knows the shear continues and is a calculated risk on what the shear does and looks like at these depths. The gold world knows Paneton and what he is capable, from discovery to development, of so we leave nothing interms of re development possibilities they are all open ideas. some one ( ...more