BonTerra Resources Inc V.BTR

Alternate Symbol(s): BONXF

Metals & Mining Gold

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

BonTerra Resources Inc

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Comment by tomgraniteon Jun 23, 2018 1:02am

124 Views

Post# 28217514

RE:BTR or MTO 100,000 shares

geogeo wrote: Which is better to own if BTR is at $0.40 amd MTO is at $0.60?? and BTR moves up to $0.50?

You need to put a value on Spinco to do a calculation.

Say that 5c of the current 41c of Bonterra is the value of the spin off. That means that the rest of BTR is worth 36c. 1.6 X 36c = 57.6c. MTO current price is 60c, so I would sell mto and buy btr.

If you own 1% of btr when the deal goes through then you will own 1% of spinco. Maybe they will do a roll back.

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