Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 21, 2019 9:25pm
85 Views
Post# 29397416

RE:RE:RE:RE:RE:The Rich get Richer !

RE:RE:RE:RE:RE:The Rich get Richer !If you can't take part in the PP there is nothing stopping you from buying in the open market as the current SP is the same as the nft pp of $1.95.

Not many FT shares, mostly NFT. Might appear strange at first given that they intend spending on drilling which qualifies for FT funding. However, if you look at the accounts, there is a creditor of around $13mil for FT credits given but not used for FT activities. Looks like management want to clear this by spending NFT funding on FT activities in 2019.

If they spend $20mil on drilling, that could mean 100,000m to be added to a new RE in Q4 followed by a PEA.

If they don't get taken out by Q1 2020, then there will be another PP to fund the mill expansion and go in to production in 2020.
Bullboard Posts