Bonterra Resources Inc. V.BTR

Here is an educational video on our neighbours osisko

[idlefreebird]

heystupid have a gander..two mills one camp, do we have a suitor lol..glta

https://www.youtube.com/watch?v=rlkj2RRK3pU

[heystupid]

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[idlefreebird]

yes and unfortunetly i've been in many scenarios were a big company like KL come and takes us away for a low ball offer and i'm talking over the last offer ...and then the needle doesn't move much for KL shares as they got a down grade after the Detour takeover as they spent 4 plus billion...and keeping in ind that Osisko has over a 2 billion value plus...we shall see..Like i mentioned

[heystupid]

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[idlefreebird]

heystupid , Elderado stole Integra for 590 million...now they had there resource right at site and a 3000 tpd mill and sold for 590 million...we have no say in the matter lol...there AISC was half of what Pascal is predicting for us..they had a 2.4 million resource at 10.95 gpt...glta Integra's principal asset is the Lamaque project near Val-d'Or, Quebec.  Lamaque hosts an NI 43

[fruitvale3067]

Idle, Pascals guess at the ASIC is not correct. MTO's AISC for the last year of operation was over $2000/ounce. Besides without bulk sample from Barry how are they going to confirm the numbers.  I do agree with you though. If this does get bought out there isn't going to be a major premium involved. Unless they hit the mother load with a drill rig 

[heystupid]

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[idlefreebird]

fruit , there's no problem doing an AISC without a bulk...the firms they hired have got the mining sequences down and the PEA and feasibility will concur it...it's the narrow vein that's costly and keep in mind they will eventualy be running 3 mines..glta

[fruitvale3067]

Idle, Osisko has done 3 bulk samples on Windfall alone. Also then why do a bulk sample on Moroy. It's the same vein system as Bachelor Lake. You would figure they got the mining sequences down on a vein system they mined for 8 years.  Yes, narrow vein mining is expensive and gas (Diesel) prices are on the rise. Not to mention inflation is also on the move adding even more costs. Sorry

[heystupid]

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[portonot]

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[idlefreebird]

fruit , osisko's bulks are more stategic than anything as they get the exploration ramping at a 33% discount...don;t get me wrong bulk sampling is beneficial...but it's never a true guarantee for the project..to many variances underground..off to the course..glta