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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 fruitvale3067on Jun 09, 2021 11:14pm
81 Views
Post# 33360462

RE:RE:RE:RE:Why do you doubt

RE:RE:RE:RE:Why do you doubt Idle, nice post we are made from a similar mold. Except I'm not so sure Bonterra is severly undervalused. Yes they have 3 deposits. However two of them are proven failures where the companny could not earn a profit from them. I've said many time these narrow veins have very little halo effect. In other words it's all or nothing with the veins which leads to a lot of waste rock and dilution. In other words it's expensive to mine. Yes the price of gold is higher, but that doesn't mean they can still mine for enough of a profit to have a self sustaining operation. Remember they could be mining at 800 TPD but aren't and haven't for over 2 years. Gladiator has potential but it needs a lot more ounces proved up. 

Iluvs investment just went from 5-6 years to 7-9 years. With multiple terrible predictions along the way. Him and Stupid have about as much credability as Pascal. Which is none.  
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