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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 Jan 30, 2019 3:14pm
126 Views
Post# 29298031

KL Buyout

KL BuyoutInteresting the value of KL. Just the 3% increase in stock price today buys BTR, based on $250M purchase price (double). I think we should have a chance closer to $500M however, probably not getting that unless crazy nice resource update. Eric could buy BTR just on his own for his personal account, he is worth a couple billion dollars, why not own your own mine producing 200,000 ounces a year? Not long ago, KL was south of $30 a share, thought this would be easy to pull the trigger for BTR if the stock was north of $35 a share. Now $41+
Bullboard Posts