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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 idlefreebirdon Dec 11, 2022 8:34am
99 Views
Post# 35164516

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:the million shares today ?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:the million shares today ?sidebet , just for the record ..i have never ever stated there is no cost to borrowing ...it's part of the game plan...it's best to pay back interest on debt from gold in the ground then to add dilutional shares through PP 's and reduce shareholders ownership..think of it this way Bontera raises 10,000,000.00 at .50 cents a share that's another 20 million shares added to the already 126 million or a 15% dilution ..Bontera was once at 390 million brought back down to 39 million and now already at 126 million and not done yet..so end result Bontera gets sold at a 60,000 ounce producer for $ 500 million...keeping in mind that Bontera 125,000 meter program will cost roughly $37 million at $300 a meter..roughly 74 million shares at .50 cents and tha's just drilling ...

500  million / 39 million shares =  $12 a share

500  million / 126 million shares = $3.90 a share

500 million / 250 million shares = $ 2.00 a share 

Now i get a chuckle on the averaging down concept as i fully understand it but it's just playing with your own mind lol..

anything that you purchased above $2 is a loss lol anything you bought below $2 is a gain lol so you can justify in your mind I averaged down and gained but I actualy have some losses lol ...it's a mind game...but the overall is to make money wich i hope you all do even the Iluv guy lol..glta


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