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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 givemeabreak1on Aug 08, 2023 10:23pm
63 Views
Post# 35578749

RE:RE:RE:RE:RE:Rick Rule tweet

RE:RE:RE:RE:RE:Rick Rule tweetFruity
You are missing the point!
1.  The market cap is 2-3 times the size!  So comparing share price alone is well fruity.
2.  Yes Bonterra has gone through consolidation and Brixton is at the level where they will begin to consolidate.
3.  If you look at the hole 244 it looks great at 253m of 1.4 gpt.  However, what I was pointing out and you seem to miss is over 80% of that is actually found at over 150m plus depth.  This has me concerned ie again as I stated nugget affect but more importantly the drill holes are not true width in fact they do not have a clue as to the width so they may be cutting through the mineralization giving the appearance of a much higher width.  Further a even larger portion of the 150m plus is found in just a 12m wide zone ie almost 70% of the 80% zone over 150m is actually all found in a 12m zone.  Hence in reality the narrower width portions of the deposit are the most important and riskiest part of gold mining!  

Now you have the rest of the information!
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