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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 Jun 11, 2023 11:23pm
70 Views
Post# 35490989

RE:RE:RE:PEA

RE:RE:RE:PEAMartin111, Inflation did not peak in July 2021. Here is a month by month inflation rate link. 

https://www.multpl.com/inflation/table/by-month

As you can see Inflation peaked in June 2022, not 2021 as you claim and a year after the PEA was published. A

As far as my negative bias, sorry. Now, what on earth has either Metanor done before the merger and BTR after the merger that gives anyone any positive sentiment?

MAP has failed to articulate the PEA to the market? The only thing MAP has articulated in the last 6-9 months is these depsoits are not economical (which I already knew). Bachelor Lake and Moroy were flooded, The Barry open pit and the underground were scrapped, The drills quit drilling at Gladiator and the assey lab was closed down. They leased the Mill property to the company installing a power line for a competitors mill and now they are re-cleaning the mill to look for more gold. I hate to tell you this but the PEA is a worthless piece of paper. That is why MAP hasn't mentioned it. 

As for the Junior mining space sentiment being at 15 year lows. While that maybe true I've got winners I'm invested in. Juniors associated with quality Tier 1 multi-metal deposits have a hand up on companies like BTR with high cost to produce deposits and just one metal.

As for the 278 Million BTR has invested in this camp and the Tax credit. A decent portion of that was carried over from the Metanor merger. As I said before I would rather have them paying $120 million in taxes because that means they are making money. $278 million invested in this camp and Gold Field is going to get it for practically nothing unless a financing comes thru. 

Finially, I have owned shares of Metanor and I have owned shares of BTR 3 times. I like to watch this company in the unlikely event they get there act together so I may invest again some day. Plus I'm here to counter Sidbets mis-statements. Also, you show me where it says in Stockhouses rules that says I need to own shares to post about a company. If you find it I'll leave.  
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