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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

Comment by tsoprano24on Feb 24, 2021 5:50pm
76 Views
Post# 32653637

RE:RE:RE:RE:RE:RE:While we wait . Stand up Canadians . Will it work here ?

RE:RE:RE:RE:RE:RE:While we wait . Stand up Canadians . Will it work here ?Not sure you understand the way deals are done around here. Generally when money is needed, they will get their banker buddies together and give them a ballpark of how much is needed. A look at price gives them a starting point. Now, if some fluff drill results are available, and let's not kid ourselves, they must have loads of results ready to go by now. So a fluffer, not to be mistook for SO's job, is put out in the hopes of getting price higher. This ploy has not worked well lately, but it is all they have. After any early rise shorts from the banker buddies pile in and continue to short against the stock they will be getting soon at a much nicer price. This does a couple things. First it gets them out at higher prices than they will pay, thus bringing down risk. Second, it allows them to put less of their own money out and more of yours. Then and seemingly forever, they will quench any and every rally with their cheaper stock. Now, this is my opinion and it is based on the fact I have watched it for 6-8 years. The chintakers seem to relish in an ever larger supply of stock at lower and lower prices. I find it unusual to be happy to be averaging down 6 years after an initial investment. But, you have three examples of eternal optimists on this board. Even more unusual is the followers that haven't learned by history. I watched a YouTube on Dundee Corp and found at least two other tiny mining companies that were cheaper and as good, gold ounces-wise as BTR. Both were owned by Dundee which is such a superior investment for same price. Multiple gold companies including Dundee Precious Metals, plus an Alzheimer's company. But, thought I would chime in with some reality and give SO something to wax poetic about. 

T
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