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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 idlefreebirdon Mar 27, 2023 7:39pm
137 Views
Post# 35363545

I seen the article a while back but just listen to MAP inter

I seen the article a while back but just listen to MAP interview...

WOW...that's all i can say...like if investors can't read between the lines they deserve to lose there money

You don't stop an infill program that's going to bring you into production unless your infill program is telling you the resource is just not economical...

to turn a near term producer back into an exploration company is sad...

to turn drills on the hopes of another millon ounce resource just shows how desperate they are as even if soething is found you need to raise money to drill this up and then your talking even more dilution then what was forecasted in trying to get Barry feasible...

my theorie of grade dilution Osisko and Moroy had obviously trickled down  to Barry hence the new venture into exploration..

New electricity coming in a year has nothing to do with driling therefore no reason to stop Barry unless it's a dud...

JV with Gladiator doesnt seem right as give away your best asset...

Share dilution coming early Q2 that's 4 days  away with only 3 million in the till.

It will be 10,000,000 share dilution for every $3,000,000.00 ...

Ifeel for all longs just glad I got out of this mess as a mill is no good if your not going to prossess ore ...

Maybe a toll milling deal with Osisko for a 3 years would benefit the camp...otherwise Bontera is a stay away stock for years to come...sad for all longs ...denial will get ya...i'm not going to say i told you so...glta
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