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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dec 06, 2021 2:21pm
83 Views
Post# 34203121

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EPIC

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EPIC Stupid, besides the obvious issues with Bonterra is the fact that the 3 deposits (Moroy, Barry amd Gladiator) are all in the highest quartile AISC mine costs per ounce. Yes BTR has good to great grades but it also costs a lot more to mine these narrow veins. It was that way with the Barry open pit and Bachelor Lake veins and I don't see anything new defined by the drill that's going to change that. 

As I see it the big long lead time items needed for the mill expansion (ball and sag mills) haven't been ordered yet. Which means the mill expansion is still some time off. If mining does commence it will be at the lower 800 TPD and most likely from Moroy. In which case you can expect old Bachelor Lake type numbers which weren't good. 

Some interesting and tough decisions to be made by the new CEO. 
<< Previous
Bullboard Posts
Next >>