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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 25, 2023 5:04pm
54 Views
Post# 35464631

RE:For those keeping score...

RE:For those keeping score...And here is another classic from the past on the same subject. This time post #30310895, on November 5, 2019, LOL 3 years and 6 months ago.

Only Stupid can take this comment in the news release: "This being said, we will entertain several options in an effort to unlock the potential value that these targets may offer, including partnerships or joint ventures".

and turn it into this: "
Read it for yourself and see what gibson says at the end ...JOINT VENTURE OR PARTNERSHIPS ...hahahah ...OSK here we come ... a malartic plus ...but not with a malartic price tag yet ..!!"

Somehow "several options" means an Osisko buyout. 


Also one other item I noticed. The new release said the mill permitting process is on schedule. My question is has anybody seen a schedule of any kind? Ever?

I find it interesting they can give a fairly detailed estimate of drilling activities thru the winter and give an estimate for permits being completed for excavation activities for Gladiator but can't tell us about the permitting schedule for the mill. I can only go by the information provided but it's looking like the mill is going to be the bottleneck. 

I'm going to do my best impersonation of Iluv next. More news coming in the next 2-3 weeks. It will be an earnings report.

 

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