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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 kbradleyon Nov 13, 2018 6:27pm
93 Views
Post# 28968751

KL buyout ??

KL buyout ??Be sure nice if KL took advantage of their  strong share price and took out BTR quickly. Perhaps we give it to them for double the current share price....That would only cost them about 10M shares to their existing float of roughly 200M. 

I would love to know who bought the $21M offering, perhaps if a lot of the shares are in their personal holdings (Sprott dudes) they might even pay more for a buyout so they have some Christmas money. 

Easily, if the 43-101 is in the 2M ounce range plus the permitted mill.....the Integra gold $500M buyout becomes a good bench mark for value. 

Nothing adds up though because why release a strong 43-101 after raising money at $.35 cents just a few weeks ago when all along it was suppose to come out in October as per Nav. 

Patience I guess
Bullboard Posts