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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 givemeabreak1on Aug 10, 2023 8:56am
58 Views
Post# 35581317

RE:RE:RE:RE:RE:RE:The rest of the Rick Rule

RE:RE:RE:RE:RE:RE:The rest of the Rick Rule Cappy a little hint while you were on the proper track you stopped short of city you were travelling to!  The important number is the spread between the price of gold and All In Cost.  And no I do not mean AISC as there are many costs left out of the equation!  So while the gold price may seem real high today to some it really is not when you considered.  The average AISC last year was almost $1300 an ounce.  Add in other costs brings you up to $1400.  Then add in the big new cost which is not included ie the price of financing.  That cost alone has doubled.  
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