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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 19, 2022 9:40am
78 Views
Post# 35112443

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone here able to read financials?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone here able to read financials?
Stupid wrote: yet BTR needing to raise peanuts is attacked as a death rattle ..hahaha.... Good grief we are going to report 4 million ounces soon ..and over a million ounces of that is in the guaranteed its there category. The other 3 million ounces or so says that the gold is guaranteed only if you drill it.


Stupid, BTR needs to raise peanuts? At one time Metanor had over 1 billion shares. Metanor did 2 reverse splits and BTR one in the timeframe I've been around. and the company has a 250 million dollar equity deficit. Raise Peanuts? All those raises to only get 1 million ounce "guaranteed" and 3 million that needs "more drilling". Where do you think they are going to get money for that? Cerainly not from Wexford or mining operations at 30,000 ounces per year. That's all the company knows how to do is financings". Not to mention your million ounces "guaranteed" doesn't mean it's a million ounces taken out of the ground for a profit. Yea, on paper it says they can mine ot for a profit, however when it came to actual mining for Bachelor lake the paper that counts (financials)) told a completely different story.  Again, which is where the problem has been in the past with thiese deposits. 

Everyone knows you've been known to say just about anything here so your clearly not to be trusted in any way shape or form. There is no way you are averaged down too .50 buy purshasing shares over the past 5-6 years. If you are, that means you are underwater on every shingle share you've purchased over a 5-6 year timeframe. You really expect anyone here to listen to anything you say?
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