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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 08, 2023 4:48pm
60 Views
Post# 35437227

RE:RE:RE:RE:The question management would need to answer

RE:RE:RE:RE:The question management would need to answer Sidebet wrote: "MAP never once indicated the other finds were not profitable. He elected to shut down cash consuming aspects of the company."

All, how many mining companies do you know of that have shut down profitable deposits in order to save cash? Especially at $2000/ounce gold. 

Yes, this from the guy who said Metanor couldn't make money on the same deposits at $800/ounce gold. 

Sidebet, I hate to tell you this but unfortunately the cash consuming aspects of this company are the deposits. Which means they aren't profitable. Which is what I've been trying to say for the last 6-7 years. Remember I told everyone here that Bachelor Lake was running out of profitable ore 1.5 years before they stopped mining.The mill hasn't run since other then to run a bulk sample from Moroy which is now filled with water.  

Sidebet your statement above is one of the dumbest things you've ever said on this message board. If someone makes an investment here based on it then they get what they deserve. 
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