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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 Jul 30, 2022 5:35am
60 Views
Post# 34861898

RE:RE:RE:RE:RE:RE:Up up .

RE:RE:RE:RE:RE:RE:Up up .Tannin, Section 21-1's Title is "Initial Capital Costs" for the Barry Open pit. Initial to me means that's what you need to get it up and running. You subtracting out 21 million in cash flow before they even get up and running. Also, Btr may have many millions of cash currently (19 Million as of March 31). However they only had 9 million in operating cash . The remainder is flow thru shares dedicated to exploration only. Of that 9 million in operating cash  they were burning thur it at a rate of approximately 3 million a quarter. So it's closer to 5-6 million by now. 
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