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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 23, 2023 10:26pm
97 Views
Post# 35357836

RE:I took time to scrutinize the interview posted

RE:I took time to scrutinize the interview postedWarrenBuffett, out of that whole interview the present valuation of the infrastructure is what stuck out to you?

The gold in the ground costs more to produce they what they can sell it for. Now knowing that ask yourself the question how much is the infrastructure worth again. 

Who is going to pay $150 million for a mill that can't operate for a profit? Regardless of how much gold you have in the ground. 

That's now how Warren Buffet made his billions. 


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