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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 Nov 17, 2022 10:04pm
65 Views
Post# 35109210

RE:Anyone here able to read financials?

RE:Anyone here able to read financials?Shareholder Equity Deficit = $274 million 
Loss for the period = $15 million
Outstanding shares = Now 126 million

They have 7 million in cash and it looks like that is for flow thru (or exploration). I didn't see a line item for operating cash so it must be down to nill. 

Did I see right, the value of the mill, Underground infrastructure and equipment, and the exploration and related equipment has a book value of $21 million. Down from $38 million in 9 months. (Bottom of page 12).

Tannin, and you wonder why drill results aren't moving the stock?

Wasn't it stupid that was saying the mill was worth $150 million. 
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