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BonTerra Resources Inc V.BTR

Alternate Symbol(s):  BONXF

Bonterra Resources Inc. is a Canada-based gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company is engaged in the business of acquiring, exploring, and evaluating natural resource properties in the province of Quebec. The Company’s assets include Gladiator, Barry, Moroy, and Bachelor. The Company holds a 100% interest in 436 mineral claims covering 22,779.32 hectares surrounding the town of Desmaraisville. The Bachelor Mine is located on one mining concession, and one mining lease, four kilometers (km) south of Highway 113 and 90 km northeast of the city of Lebel-sur-Quevillon. The Company holds a 100% interest in 21 mineral claims in the city of Val-d’Or in Quebec covering 457.53 hectares. The Company holds a 90% interest in two mining leases north of the town of Skead within the city of Greater Sudbury in Ontario. The two mining leases cover an area of approximately 129.99 hectares.


TSXV:BTR - Post by User

Bullboard Posts
Comment by AREQUIPAon Feb 17, 2011 7:18pm
300 Views
Post# 18154123

RE: RE: RE: RE: RE: RE: RE: Be careful

RE: RE: RE: RE: RE: RE: RE: Be careful     You are right on the money artecdesign!!    Let's see if we can figure this out; It shoudn't be too hard. They only have 44 mil shares fully diluted. There are 2 drilling rigs on site, and the news release has management quoted as saying that they are continuing to aggressively drill many more holes, expecting continued results throughout the winter, therefore extending the discovery. Unfortunately, you are right about people not having a clue. The day traders were obviously looking to flip on the highs after the recent expectation of results, looking for continued results with grades like 77.6 g/t, as were found in a past release. Well, hello McFly, those numbers were EXCEPTIONAL. If people had a clue, they would realize that the results in this news release are FANTASTIC and are more in line in terms of any successful mine. Nothing has changed people. If anything, they just got better. IMHO
Bullboard Posts