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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
Comment by tomgraniteon Feb 13, 2019 8:03am
46 Views
Post# 29356872

RE:RE:RE:Don't look know...

RE:RE:RE:Don't look know...
tannin wrote:
what now ? Millions of cheap options for the boys ? New pp with millions of wts, for the boys ? Even with success, BTR is a success,  big boys so greedy, small investors still lose.


Yep, that is my guess too. Keep some powder dry for when that is announced. 

It is still unclear as to what the timetable is. Are we waiting for the RE to come out soon, or will there be a drill campaign and the RE comes out in 6 months or more?

The recent decrease in SP can be blamed on the uncertainties and change of plan by management.

If a PP is announced, it will be interesting to see if Sprott, KL, Kinross or OSK take a chunk of it.

A few years ago, OSK did have a stake of more than 10% (was it 19.9%?) and had a place on the board. Not sure why, but they dropped out after a while. Either they could not get on with Nav and Dale or the arrival of KL/Sprott put them off.
Bullboard Posts