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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
Post by GarryF1on Oct 10, 2018 8:06pm
75 Views
Post# 28777479

more dilution in the future

more dilution in the futureto the moose7. i don't  think they have enough cash left to start the upgrade and production. 4 mil
was given to mentanor and 7 to gatling. probably hard to produce and upgrade at the same time.
upgrade is probably 25 to 50 million. which means more private placements to come or even
worse a reverse split. kl will probably participate and end up getting the company at a cheap price.
hopefully the RE will not dissapoint the market. long term a good investment for kl but us shareholders will get xxxx. i am a shareholder and not bashing, just my opion of what i see
happening.
Bullboard Posts