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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

Post by goldhappyon Dec 03, 2020 10:12am
96 Views
Post# 32025500

I can recall ....

I can recall ........a little Bachelor Mine and Mill chugging along with minimal resource. I've worked in these environments and the pressure on management is extremely difficult. The little Barry pit was like someone's personal quarry hauling away rock with specs of gold grading barley paying the cost of transportation. The Barry resource was tiny. Management made the wise decision to conserve cash by shuttering the  mine and mill. Some people were very upset as the investment upside timeline was stretched a few more years. Then the Gladiator joined the package and the company went from Metanor to Bonterra. You could have got all your money back as the share value was near five bucks. Many of us held tight to our investment and added as able. Today the gold price has about doubled. The rerate is coming. Just sit back and look at what we have now. Shares available in small quantities for just over a buck. Any of those exploration drills can hit a mother lode of width and grade. The market will be on our side soon. Like Iluv has stated many times 5 bucks. You cand believe or not. I think in time a much higher value as gold prices soar. The big guns have not sold eh?
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