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.

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BonTerra Resources Inc

Bullboard Posts

Comment by tomgraniteon Sep 09, 2018 3:52am

77 Views

Post# 28585948

RE:RE:RE:RE:RE:RE:RE:RE:If you don't understand what's happening, you should sell

Hi Blue, great to see you posting here, I always valued your input on the Integra board. I must have missed something in the NRs, why is the number of shares of Spinco divided by 7?

Larder Lake has nearly 1mil ozs currently. This should be expanded with the 25,000m of drilling that has already taken place since the last RE plus any more drillimg that Spinco will do using the $7mil.

If the LL property was finally sold for just $50mil, that would give a SP of around $1.50 (33m shares) or 20c for 234mil shares out.

Similar to you I view the Spinco as a free bet, as I don't believe the market has priced it in to BTR current market cap.

Bullboard Posts

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