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.

TSXV:BTR - Post by User

BonTerra Resources Inc

Bullboard Posts

Comment by JRafflesUKon Feb 15, 2019 3:59am

53 Views

Post# 29368890

RE:Sprott happy with low ball offer from KL?

Also, would the other majors in Canada just sit back and let KL get a valuable asset for pennies on the pound? Gold producers are looking for assets in safe jurisdictions having been burnt abroad.

A cheap takeover may not be a definite IMO.

Agreed.

A recent analyst report computed the value of the sum of the parts of BTR as being over C$5.

Bearing in mind that the company has a permitted mill, then it is unlikely that a bid from KL would be an uncontested, particularly if they sought a low ball offer.

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