BonTerra Resources Inc V.BTR

RE:RE:RE:MD&A and Financials on Sedar

[Anacott]

fruitvale3067 wrote:

Iluv wrote: I was going to bring this up but wanted to wait for the slant presented .

Good thing we have a 50MM tax credit to our advantage .
Cash is not the current amoubt , eh !

No requirement to mention mill upgrade , but especially when it is only 80 % complete .

carry on . Next !

Iluv the only slant is what you just posted. There is no need to slant a $100 million dollar loss. It speaks for itself. 

I would much rather be paying taxes on a  50 million dollar profit then a 170 million dollar deficit and having a 50 million dollar tax credit. 

As for your mill comment,  It's been 80% complete for 10 months. and it's going to be 80% complete for at least another 6 months. 

I see they had to pay SAND an additional 250 ounces ($325K) because they were late with a payment (nice) Good news is they finally paid off the new streaming deal. 

Looks like the burn rate is about 9-10 million a quarter. Which means the 32 million they just recieved is gone in 3 months. Just as I said the next PP shows up sometime this winter.  

@fruitvale Come up with your detailed burn rate items and you will prove yourself as wrong. The stream to SAND is paid off or will be paid of as last quarter. It was worth roughly CAD4M. But you will misreport it somehow. Then you will show the G&A as exorbitant high because you will take the extraordinary year 2019 until May where M&A happened as the common ground. 

Just come up with the adjusted or new burn rate. It will show you that your PP isn’t as close as you assume.

Earn some credibility, please.