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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 Mar 04, 2023 2:01pm
78 Views
Post# 35319360

RE:RE:RE:fruit just does not understand accounting or investing

RE:RE:RE:fruit just does not understand accounting or investingSidebet, You've been hyping both Metanor and Bonterra since before the merger when it was valued at $3.60/share. Now the share price is .33 cents and I don't understand the market and investing. SInce the merger, Bonterra has closed down both Moroy and Bachelor Lake (which still contain gold) and have temporarly put on hold the Barry open pit because costs had increased and they could find employees to mine the ore. If these deposits were worth billions as you say they wouldn't have any problems either mining or finding people to do the mining. Instead advancing things towards mining they are operating on a shoe string budget. That doesn't indicate a very profitable operation to me. 

Again there are many better run operations in the junior exploration area. Ill mention them again so people can compare. Entree Resources, Erdene Resources (Both with operations in Mongolia), Wealth Minerals (Lithium), Silver Tiger, and Brixton Metals. 
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