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 trebuh16on Jun 03, 2020 8:32pm

108 Views

Post# 31109361

RE:RE:RE:RE:relentless pressure on sp.....

Hi idlefreebird,

here is my take:

1. The Company's President and CEO Greg Gibson has announced his retirement from the company effective June 30, 2020. Mr. Gibson will work with the Board of Directors in recruiting a new President and CEO who will lead the company into the next phase of growth.

2. BTR Net asset value as of 09-30-19 50MM assume 40MM today.
Resources @ $50.00/ounce 110MM
Total value 150 MM

3. Actual market value 77MM

4. Closing on June 23

https://stockhouse.com/news/press-releases/2020/06/01/osisko-mining-announces-c-150-million-bought-deal-private-placement-of-units

It should happened

Trebuh

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments