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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

Post by fruitvale3067on Jun 24, 2023 8:59am
179 Views
Post# 35512685

Sad...

Sad...Every time I see one of these presentations lately it's been rough. According to MAP they are actively looking for a partner. Well sidebet, that indicated to me that Osisko and Gold fields aren't interested. So much for that buyout theory. This can be tossed into the scrap heap along with the rest of your long list of crazy statements that have never come to fruition. 

On the other hand, I still believe a buyout could occur, however if it does it will be just as the money runs out. Which is soon as Sidbet likes to say. Again somewhere in the Metanor .07/share range. 

Oh doens't that $1.60/share offer loom large now. 

In the 3.5 year since the merger. This company has went from a mining company, to an exploration company, then was going to start mining agin  and is now back to an exploration company with no drills turning at the moment. Meaning the cost cutiting measures are at a serios stage and it won't be long now unless a miracle occurs. 

Tsoprano, I think our job here is done. Most of the ultrabull and hangers on have bailed. If people choose to invest at this point they are on their own. I'm going to watch to the bitter end but my posting here will be very minimal. Tsoprano we'll stay in touch, it's been a pleasure sharing this message board. 

Sidebet, I wish you the best, some investments just don't work out. Especially in the Junion exploration sector. If you have to invest in this sector find  what looks like tier 1 deposits with multi metal prospects. That is what the big boys are looking for. finally, if you have to invest in this sector learn something about mining. I tried to teach you about narrow vein mining several times. Take that knowledge with you and apply it to the next Junior exploration you may invest in.

Fruit.  
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