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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 idlefreebirdon Jun 17, 2022 3:23pm
56 Views
Post# 34765478

RE:RE:RE:RE:RE:Nice to see BTR looking into a production scenario

RE:RE:RE:RE:RE:Nice to see BTR looking into a production scenarioWarren buffet want to be ...I think you haven't done your home work...Bontera in 2019 had a little more than 300,000 ounces in the ground my friend ..in 2019 it had 2 million ounces in all categories and spread over 3 mines since then it added 1 million but keeping in mind it also dropped it's cut off grade to help it get over the 3 million number as if you do your DD you catch these things that the pumpers don't ...my issue is the Gladiator is a flagship project but since 2019 it only increased it's INDICATED ounces from 202,000 ounces to 391,000 ounces in the INDICATED category after all that drilling ...they need a ramp and a heavy drill program to get it to what it can be and remember inferred ounces have no value...Gladiator could and should be a game changer but like I said 5 years down the road..Let's say Gladiator gets permitted for down ramp , your then looking at 8-12 months before any serious drilling starts underground ,therefore years away and much dilution before we get any real movement here ..again all bets are off if at anytime hole hits the bonanza and that goes for any junior exploration company out there ...I got caught here in 2018 when they said they'd be pouring god and i apologized to any who followed me in this play..made my decision last year to take my licking and to move on...glta here review this old Bontera video and the numbers i say are on there presentationat 1 min in...

https://www.youtube.com/watch?v=vRefhKhQTPc
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