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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 May 02, 2023 8:55pm
50 Views
Post# 35426469

RE:well Fruit you showed up just on time ..as usual

RE:well Fruit you showed up just on time ..as usualStupid, 

No I don't understand why gold fields and Osisko didn't include Bonterra. Please enlighten me. They could have locked up the entire area and yet Bonterra was left out.

Maybe it's because the deposits are high cost to produce. Yes, even at these gold prices. Why pay 300 million when you can get them for next to nothing.

Yep, goldfields chose not to invest in Mongolia. But the also didn't choose to invest in Bonterra either. Instead, they bypassed it and went with Osisko. Maybe it was the 4 different management teams since the Bonterra?Metanor merger. Maybe it was walking away from the veins at BAchelor Lake, Moroy, Barry open pit, Barry underground, Gladiator,and how can we forget Moss. Maybe it was the mill permitting and expansion issues. Then again maybe it was all of it combined. It's now starting to look like a continous annual tax write-off for Wexford. You know, the same Wexford you said was going to finance this till production. Well, the company is running out of money, and I don't think leasing the mill property to an electric company is covering all the bills. Where oh where are they going to get more funding.  
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