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Bonterra Resources Inc. V.BTR

Alternate Symbol(s):  BONXF

Bonterra Resources (BTR:V; BONXF: OTCQX) Is a gold exploration company focused on adding ounces to the world-class Abitibi Gold Belt in Quebec and Ontario, located in the most active exploration region in Canada with year round access.


TSXV:BTR - Post by User

Comment by fruitvale3067on Jun 24, 2021 8:51am
37 Views
Post# 33440433

RE:RE:RE:RE:RE:RE:Where are you ?

RE:RE:RE:RE:RE:RE:Where are you ?
Stupid wrote: Well Fruit, you bought in when we had 2.1 ..now you are getting out at 3 million .. you are such a confused gambler ..hahaha...oh, and don't worry about your google search of mining knowledge, its the basics. I assume you are not leaving us any time soon ? ..hahaha.  OSK is our dance partner, 2400 square kilometers .. Then KL converts the value into cash ..Is that not the way you work, I mean they work .?


And tell us oh great one, in roughly how many years does first Osisko get involved and then Kirkland Lake? This company could have 3-4 times as any share out before they get involved. They are stalling/in no hurry on the mill expansion so they can drill. 3 months ago the mill permitting was was 75% completed. Today the mill expansion permitting is 75% completed. Think about it they could be producing at 800 TPD or 35,000 ounces/year at $1200/ounce profit  right now and banking 42,million a year. Thats more than enough to continue drilling and proving up resources while waiting on a mill expansionn permit. Plus it doesn't dilute shareholders and it shows they market and potential buyers of the company they can mine for a profit and be self sustaining. Something they couldn't do under the Metanor label. But no instead the mill will sit idle and they are going to continue to raise money through private placements (i.e. shareholder dilution) instead of doing what most successful mining companies do and mine. If Osisko and KL do get involved the BTR shareholders will bear all the burden of the heavy lifting (i.e dilution) while the Osiskos and Kirklands scoop this up for pennys on the dollar. In that case you want all your BTR shares in Osisko and Kirkland. 
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