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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 Jul 27, 2023 7:39am
98 Views
Post# 35559083

RE:Are you stoopid? If you are not up to speed with BTR

RE:Are you stoopid? If you are not up to speed with BTRAnother fully operatin camp?  WHat exactly is your definition of a fully operating camp? 2 drills running on wildcat parts of the property while the remainder of the deposits, assey lab, and mill sit idle? Those 3.1 million ounces may as well be on the moon because they aren't economical to mine either. 

Again, if this company is so undervalued why hasn't Osisko, Goldfields or anyone else stepped in to scoop this up? According to you there should be a bidding war break out for the mill and assets. yet, the company is starving for cash, can't raise money, and has to go thru the mill with shovels to find the scraps of gold so they can continue to exist.

I'll stick with investing in Teir 1 deposit exploration companies instead of exploration companys with deposits in the 4th quartile for AISC. You go ahead and buy shares now and wait ....because you will be doing a lot of it here. Just remember, Metanor began looking into restarting Barry mining over 5 years ago and not one ounce of ore has reached that undervalued mill you so highly covent. 

Just as I suspected you wouldn't answer a simple question I asked 3 times now. Oh Stupid/sidbet/captn you'll never change.  
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