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.

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 Mar 17, 2021 3:53pm
229 Views
Post# 32818732

$20 to $40 million cad ??

$20 to $40 million cad ??31.1 grams per oz

800 tons per day @ 5 grams = 4000 grams or 128.6 oz per day

300 milling days = 38,580 ozs

@ $500 cad profit = $19,299,000

@$1000 cad profit = $38,580,000

I say we open that sucker asap at 800 tpd
Mine the highest available grades to maximize free cash.
Use the profit to add more drills. The targets are everywhere.
Lets show some real independence and growth.
Pascal has the show on the road now.
Bonterra is running out of operating cash.
Bonterra can produce it's own cash....it's a real true cash producer.
I'm prepared to see Bonterra grow a 5 to 10 million oz resource in record time.
.Then watch the sharks .....

<< Previous
Bullboard Posts
Next >>