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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 Feb 06, 2022 10:48am
48 Views
Post# 34402251

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sedar . Marc Andre our CEO buys in the market

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sedar . Marc Andre our CEO buys in the marketTannin, correct me if I'm wrong, but if the previous offer was Osisko, didn't Pascal say it was a one time offer? Take it of leave it. Pretty sure it was. As far as the same offer now near $2.50. Did you take into consideration the dilution that has occured since the merger. I think you better do your math again. The share price at the merger was 3.60 with 40 million shares for $144,000,000. Now the $1.60 offer was when there were 90 million share for $144 million. There are now what 110,000,000 shares 144,000,000/110,000,000= 1.31/share. Current share price $1.33.

Then you used the famous word "IF" as in If another bid comes in. Listen this company (Metanor/Bonterra) has been shopped around for the past 6 years. Metanor finally sold when they were ready to go banckrupt. Since the merger Bonterra has also been up for sale at least once and said they would entertain any offers. All that was recieved was one so called low ball offer that was turned down. o couter offer, no other company rushed in to make a better offer.....nothing.There have been 4 management teams go thru the revolving door since just before the merger until now and now you and stupid think companies are lined up to purchase this company? Worse yet stupid thinks Osisko has bought Metanors mill parts and Moss is the key to the whole Urban Barry gold camp. He's dilusional. You need to get a grasp of reality. Until a offer does come in there is no offer.   Another thing, the mill has been promoted as the only one in the area for 10 years and guess what.... it's still the only mill in the area and hasn't run in 3 years.  First thing I would do if I was MAP is dump that as a promotion piece for the company. 
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