Bonterra Resources Inc. V.BTR

I'm wrong but I'm RIGHT...

[idlefreebird]

When you compare the 2019 resource to the 2021 resource here is why they got to there 3,000,000 ounces...they reduced the cut off grade to get to there goal from 3.5 gpt to 2.6 gpt...but market doesn't like the low cut off and narrow veins of 1.2 meters...all equales ore dilution and increased minning cost

The difference for Gladiator is 127,000 just for 2019 and Barry is 300,000 ounces and that's not including the newly added open pit for 165,000 ounces ...also this doesn't include the new ounces that were just drilled and added with these low cut off grades...the proof is in the pudding...therefore just that in itself brings me to my 2.7 million prediction as not to many investors like a 2.6 gpt cut off grade for a narrow mine low gade outfit...we need 8 drills at Gladiator at the 9 gpt scenario ..glta

Notes:

1. 2019 MREs are estimated using gold cut-off grades of 3.0 g/t at Moroy and 3.5 g/t at Gladiator and Barry.
2. 2019 MREs do not include the Bachelor Mine or crown pillars at either Moroy and Gladiator and do not consider an open pit mining scenario at Barry.
3. 2021 MREs are estimated using gold cut-off grades of 1.0 g/t and 2.60 g/t for open pit and underground, respectively.
4. 2019 MREs and 2021 MREs are estimated using long-term gold prices of US$1,300 per oz, and US$1,600 per oz, respectively. Both the 2019 and 2021 MREs use a US$/C$ exchange rate of 0.75.
5. Numbers may not add due to rounding.

included is the 2019 resource and cut off grade layout...do your own DD ...don't count on others

https://btrgold.com/2019/05/28/mineral-resource-estimates-for-gold-deposits-in-the-urban-barry-camp/

[iluv2buyem]

So with 200 , 000 how much have / are you selling ? Adding ? Intentions ?

[idlefreebird]

iluv2, i'm not selling, or sold any but i'm not adding ...It will take us another year or two..I have the fortune to have several other investements that are positive and this one is just a longer time for a return..Don't get me wrong the gold is there but we got lot's of work here...glta

[fruitvale3067]

Nice synopsis Idle, As we all know the real number is actually 1.25 million ounces. The other 60%(1.75 million) isn't proven to be economical at this time. As I have said before that is a problem since Metanor couldn't mine Barry or Bachelor Lake for a profit. The market doesn't forget. Plus we are now entering that time of the year we call the summer gold doldrums. Q4 and that PEA

[idlefreebird]

FRUIT , TY LOL...Let's get something clear in our minds..Gladiator is our best deposit with the highest grade but it is minimum 4-5 years away..Therefore Pascal needs to concentrate on gettig Moroy and Barry into a production state...Those two mines as Pascal states will take 18 months to get to full ramp up...I believe Pascal has been the most efficient Ceo since my investing here and I

[iluv2buyem]

This is why we didnt get along in  the past idle . U facilitate a basher who for 9 years trashes everything MTO / BTR . Management , drills costs viens drills CEO ' s ect . He plays the long short long short game while posting opposite ? C ' mon man . U r snmarter than that . U own 200K and wanna play talk down of ur invesment . I kno many who own a lot less and r 100 % BULLISH

[idlefreebird]

Again Iluv I don't care about the bashers...when I talk down my investement the onus is on me, I made the mistake and vent on how wrong i was ..I got in when Gill promissed production within the 1.5 year periode and if anything I took from Sprott is i'm ok with paying a little higher price for proven assets...Atlantic Gold , Integra , Lakeshore Gold ,Marathon Gold and Victoria Gold all

[pokinfun]

This post has been removed in accordance with Community Policy

[tannin]

Thanks idle, looking for intelligent discussion of companies I've invested my money in, and appreciate all who contribute to that, whether positive or negative. Don't look for investment advice here, but for 'things i might have missed', other understandings of a situation, sometimes other companies worth looking at. Lots of value here, and very strong shareholder base...two

[idlefreebird]

tannin your welcome , yes the whole idea of these boards is suppose to be to share on our investement thoughts whether good or bad..this happens to be one of the worst i seen cutting down individuals as it's not individuals that have anything to do with the company...there's not a post here or a poster that have an effect on this share price...when the true value is there this stock will

[heystupid]

This post has been removed in accordance with Community Policy

[idlefreebird]

heystupid , yes I don't play games and yes the stock will rise but it will take a little longer than I originaly anticipated...we have a ways to go and we need a production scenario...glta

[fruitvale3067]

Idle, anpther issue with Gladiator is that half of it is under a lake, so drilling from a barge isn't the most efficient method of drilling in the summner. It's actually preferred to drill in the winter when the ice is frozen over. Unless like 2 winters ago not much drilling was done due to warm temperatures. 

[idlefreebird]

frruit , yes they prefer drilling in winter but it's to costly..the new norm is from the barge in summer..glta