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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 28, 2023 6:34am
176 Views
Post# 35363918

Bontera has been a dud for 10 years

Bontera has been a dud for 10 yearsand it don't matter what management team you put in as they presently added a repubale CEO  that just shutdown not only one production scenario but 2 production scenarios as Barry open pit but the highly money maker 3 rd kick at the can Barry underground to be the savior to become an exploration company on the hopes of finding a Osisko type deposit..the 2 million ounces are non economical ounces as MAP has realized this and is telling shareholders by stopping infill drilling and moving on to exploration...Wallbridge CEO last interview states that drillling cost just came up by 10% and yes fuel cost hurts , Bonteras was mainly drilling a potential underground deposit at Barry and now all halted to start from scratch...if you can't see this as concerning well it is...a mill as an asset without resource has no value as Bontera's market cap indicates and it don't matter if insiders are buying as Wexford has bought for 10 years and ask them what there return on investement is on this play...you can sugar coat this all you want but like Goldpan on CEO site you guy's look desperate to try and save your investement ...you failed the number one rule ...never fall in love with your investement...you know your low when you have to try and bring down a 1.2 billion market cap company with proven resources and a very stron PEA to a mickey mouse operation with no cash ,no economical ounces that just returned to an exploration play ...i'll leave it at that...trust me i'm hoping you guy's hit bonanza grades as i hate to see people lose money..MAP hasn't delivered and is scrambling no matter how many shares he buys..glta
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