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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 Aug 16, 2022 10:34pm
63 Views
Post# 34901119

RE:RE:RE:ya, follow dummyville if you want ?

RE:RE:RE:ya, follow dummyville if you want ?Erdene is just a small position for now. My much larger position is in Entree. Which by the way contains 21 million lbs of copper, 22 million ounces of gold, 87 million ounces of silver and 370 million lbs of Moly. Plus they have just started drilling to discover more. Considerably more gold than Urban barry has and that doesn't include the other metals. Plus beginning next early next year the development tunnels reach this property and Entree doesn't need to build a mill, it's already in operation. To top it all off the share price is approximately the same as BTR.  

Now lets talk merger/buyout and who has a better chance of that occuring. Personally, I fine with Entree staying Entree. However I just don't think that is going to occur. It seems a lot more likely Entree gets bought out as opposed to Bonterra, but you never know. All I know is Entree is multiples more undervalued than Bonterra. Especially if you look at the amount of metals in the ground and the worlds largest customer just 100km away. Oddly enough about the same distance from Barry to the Bachelor Lake mill. LOL Entree may get more revenue out of the development tunnels than BTR does in it's first full year of operation. 
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