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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 Aug 15, 2023 7:41am
87 Views
Post# 35588467

RE:RE:RE:RE:Soprano, I will admit we have been wrong on one thing...

RE:RE:RE:RE:Soprano, I will admit we have been wrong on one thing...In thats case then why not continue to complete the permitting for the 2400 TPD mill they had been working on for a couple years. If AV costs plummmet at 1800 TPD then they should further reduce at 2400 TPD. The company spent 2 years chasing (spending money) the permit only to change coarse and start all over again for 1800 TPD. In either case they are going to have to expand the tailings storage facility also.

Osisko iisn't going to going to buy this unless it's for nothing. They are in the process of building their own mill and don't need the bachelor lake mill. Besides their mill will be right next to Gladiator and Barry. In case you haven't noticed inflation is beginning to going up again and cost's will be on the rise also. Plus the last time I checked the POG is falling. 
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