Bonterra Resources Inc. BONXF

I think I missed Something!

[givemeabreak1]

On their last update they said recent gold sales and another expected from 4th quarter is expected to take them through exploration activities to the end of 2023. I must have missed where they said what exploration activities are planned in the update?

[fruitvale3067]

It looks to me like they are emptying out the mill for a couple reasons.  1) To pay the Board of Directors thru the calander year and.... 2) May sure there is no gold left for whoever decides to claim this mess after they close the doors.  Their are only 4 months left in 2023 and you don't here or read anything about 2024. 

[tannin]

seems like btr going into semi hibernation.....bit of drilling, response to mill expansion questions...maybe that's it......not even sure they're going to do/pay for the engineering work reqd to put in for permit for Gladiator ramp. Right thing anyway.....as i still think the mill expansion permit is the key piece that must be achieved before next moves.......cannot make real money with

[fruitvale3067]

Semi hibernation? They are running the clock out so the BOD can get a full years worth of wages. Look at it this way. In the MD&A they said they would answer the mill expansion questions "later this year".  As I see it if the mill expansion is that big of a priorty they would be answering thei question promptly. After all what else is there to do? The mill is mostly cleaned out