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BonTerra Resources Inc V.BTR

Alternate Symbol(s):  BONXF

Metals & Mining Gold
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

BonTerra Resources Inc > Q1 financials out...
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Comment by fruitvale3067on May 18, 2023 8:26am
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Post# 35454131

RE:RE:RE:RE:Q1 financials out...

RE:RE:RE:RE:Q1 financials out...Sibet, what ounces they have added isn't economical at todays gold prices which are at all time highs!!!

Not to mention Moroy's and Bachelor lake deposits heve been flooded so those ounces should be subtracted from the current totals.

The whole point of measured and indicated resources when they report them is measured is supposed to be the economically minable ounces. Well MAP just told us Barry underground and Open pit aren't. 

So why would Osisko and Goldfields pay a high price for gold they can't mine for a profit?
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