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Benton Resources Inc. V.BEX

Alternate Symbol(s):  BNTRF

Benton Resources Inc. is a mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint venture properties in Newfoundland.


TSXV:BEX - Post by User

Bullboard Posts
Post by jock2on Oct 11, 2013 4:15pm
223 Views
Post# 21811850

why Benton split in two

why Benton split in two In the depths of 2008, Benton bought a 42% control stake in Coro Mining, which had an Argentine property with a copper deposit and a full feasibility study in hand. 

The market valued it at half what the same coro shares would have been worth, without any "control premium". Benton split out "benton capital" to leave this asset free-standing, and make it easier for a copper producer acquirer. 

Benton Resources kept the rest as BEX.v, (the Coro shares being listed as BTC.v.) 

Does anyone knowledgeable about copper have any idea as to whether BTC now looks attractive? After all, copper prices have held up better than gold, and the Chinese economy is apparently no longer in its temporarily-assigned dog house. 
Bullboard Posts

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