Bonterra Resources Inc. V.BTR

here enjoy lol

[idlefreebird]

https://www.youtube.com/watch?v=7MRDMdJgoNY

[heystupid]

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[fruitvale3067]

Idle, just getting started but I see he completely avoided the very first question. 

[idlefreebird]

fruit , as stated Gladiator on the back burner but as Moroy put on care and maintenance is due to narrow veining and as I mentioned years ago when Iluv was pumping the stock i mentioned how Bontera got there resource up by lowering there cut off grade and reducing to 1.2 meters cut off ...Well MAP stated how costly that is as a miner chasing these H series needs to jack leg and slusher or if large

[heystupid]

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[idlefreebird]

heystupid , i guess you never mined before ...the slusher is how you retract the blasted mine rock in these narrow vein areas as you chase them as machinery can't get in ...MAP stated that it's costly mining ...glta

[heystupid]

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[fruitvale3067]

SIdbet, based upon your latest response I see you learned absolutely nothing from both of todays discussions or what MAP was really saying in this interview. Your money deserves to contnius to rot away like it has here for another year and a half. Merger? Not a chance.  Now again, listen to what this gentleman is actually saying. The confidence, and compare resources/deposits. He also talks

[tannin]

yes and yes, but it's a 1/2 billion investment in mongolia....sooo tempting for politico's there. Likely it'll be aok, and you'll make a packet, but.   I like aussie stuff, Canada...won't touch Mexico, Turkey etc. Just a choice fruits. As to BTR, there are more Gladiator deposits, I'm sure, so it's a great longer term holding, but, unless there's a fab new

[fruitvale3067]

Tannin, according to the presentation the Bayan Kundii mill is expected to cost 59 million to build. BTR currently has a negative working capital of $250 million already on the books and still needs to rebuild their mill in Canada. WHat's your point?  Bayan Kundii is a  much more attractive merger target than BTR ever was. They have the goods, alll open pit and close to the mill

[idlefreebird]

heystupid , mining knowledge is not required but i'll tel you it sure helps when your investing in this industry...it keeps you a step ahead of the game..again there have been people here for 7 years and it depends what kind of cashflows people are playing with in order to average down as this was as high as $5 wich i can remember ..i had i believe a $2 plus average before i unloaded for a

[heystupid]

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[idlefreebird]

heystupid , if we could all get it right the first time lol ..yes but your 100,000 ounces a year is Barry and Gladiator and Gladiator is years away..but there is promiss now as pre production on its way ...glta

[idlefreebird]

here have a gander  https://www.youtube.com/watch?v=b2m2WADEm9o

[fruitvale3067]

Idle, I've been telling Iluv and Sidbet for year the narrow veins at Bachelor Lake, Moroy, Barry, and yes Moss weren't economical. They fought me the entire way. I've even posted an article several time explaining narrow vein mining and the surrounding Halo effect and the dilution that occurs. But nooooooo. They wouldn't believe me. Just keep buying more shares as the share price

[idlefreebird]

fruit , well the Barry open pit is at a 5-1 strip ration meaning having to move 4 tons of waste for one to of ore...hence the $ 1100 AISC for open pit now yes if underground is dilutional it won't be  economical...hence the drilling program to infill.time will tell..they don't have the drill results and bonanza grades as Osisko has ..glta

[fruitvale3067]

Idle, I see MAP said he didn't expect the share price to move until they can prove a couple quarters of sustainable production. Exactly what I mentioned I needed to see before I decide wether to buy in or not.  Great minds think alike, LOL Yes MAP also mentioned better numbers if the price of gold goes up. While true it's the same for the entire industry and as I said those with

[fruitvale3067]

Idle this is the article I posted from the angrygeologist blog. Very informative with pictures so even sidbet could understand. He didn't. Glad to here MAP confirm everything I've been sying over the years. Funny when MAP says it, it's a great presentation. When I say it, it's bashing.  Iluv as for funding MAP stated they are still working on it so it's still in limbo as

[idlefreebird]

fruit ..ty and i hear ya ...glta

[iluv2buyem]

fruit . watch the interview for crying out loud .

[fruitvale3067]

Iluv, I did watch the video, Everything I have been saying over the last 6 years about mining these deposits was confirmed today. The question is did you actually listen to EVERYTHING that was said. Not just the highlights. MAP was telling everyone how difficult these deposits are to mine profitablly at current gold prices. The statement that explained that point the most was the Moroy Bulk sample