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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

Post by sidebet2on Dec 06, 2022 7:00pm
132 Views
Post# 35154822

Osk can't be a dumb as Fruit and Company

Osk can't be a dumb as Fruit and Company
Ok, I do not have the mining skills of our Bashturds, but more food for thought, for those who want to think? .. and then tell me again that I am wrong ? ...you're welcome and perhaps just for a pondering.

another perspective for OSK is that they are sitting on a pile of gold in the ground. This becomes like unsold inventory of other businesses.  Any and all company needs to move inventory to maximize profit. That is why “on time delivery ante-covid was the new normal” There IS a COST factor to product on the shelf, or in gold mining, gold in the ground. We all know this is not farming and the gold does not grow back. However let us be real. Osisko can pull out 8g/t from Windfall as advertised. So let’s do the math that Fruit does not like… 8g/t  x  1800t/d   x  320 days a year operating  divided by 31 ..gives just under 150,000 ounces of gold bars. With their AISC that is going to translate into easily $150,000,000 a year PROFIT ON THE BOOKS.  That makes for an additional $750,000,000 dollars of unrealized profit for those 5 years they do not get back. That then is ANOTHER BILLIONish that OSK shareholders today are being railroaded out of. Why you ask ? Well because there is so much gold in Urban Barry that the management NOW will be decades in the ground dead, before all the gold is rooted up from this massive camp. So a CEO that has yet to be born can look back at the ball droppers and say THANK YOU VERY MUCH !! Let’s not kid ourselves, current OSK managers cannot be so, shall I say ? STUPID. To think that not turning the asset of gold in the ground to cash asap is not wise ? .. double negative boyz …GIT R DONE !!! MATH IS MATH ..NO MORE FRUITY CALCULATOR … OSK is reading this to and the shareholders ..and THEY KNOW ..  I could get this deal done in a week .. Fair value boyz ..break out the fine wine and 60 dollar sticks .
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