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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 Sep 17, 2022 8:15am
89 Views
Post# 34968741

RE:RE:RE:RE:RE:RE:RE:MAP shines at Beaver Creek

RE:RE:RE:RE:RE:RE:RE:MAP shines at Beaver CreekTannin, if your happy with what you preceive as value here good for you. We differ in opinions. I can think of several expotation and mining companies the have much greater value than BTR. Especially over the next 2 years. These have cheaper costs to produce, better deposits then the barry open pit. and costs to drill up more ounces are cheaper. plus the deposits (i.e veins) while may not be quite as good as grade at Gladiator the veins are much larger and it's not under a lake.

Take for instance, Erdene Resources. Like BTR they also are on the path to becoming a mining company. They have discovered 2 brand new deposits withing the past 12 months. Both within 2.4 km from their main deposit. They currently have 1 million ounces, and have a goal to reach 2 million ounces by the end of 2022 and 3 million ounces by the end of 2023. They have gold, silver, moly, lead and copper. Have financing lined up to build mill and will be fully self sustaining with profits supporting further exploration (no dilutive to shareholders) in an area that has never been explored. Newest presentation here. 

https://erdene.com/site/assets/files/4287/erd_beaver_creek_2022_presentation.pdf

Now it is still another 1.5-2.5 years off until production so for me this is a good time to begin building a positiion. Especially since the share price is in the .20 cent area. Far greater exploration potential with numerous metals involved, cheaper share price and when they do get to production it will be double the gold production of what BTR is looking at. 
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