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Benton Resources Inc. V.BEX

Alternate Symbol(s):  BNTRF

Benton Resources Inc. is a mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint venture properties in Newfoundland.


TSXV:BEX - Post by User

Comment by BlueChipper2020on Dec 31, 2023 11:44am
182 Views
Post# 35805647

RE:EXPECTATION ON HOLE #12

RE:EXPECTATION ON HOLE #12Agree FlowerPower

Or some variation of your success buckets. I think anything 20M or greater at 5% or greater would be outstanding. 

I think we should also keep a bit of an eye on Hole 14 which although has small ijntersection of massive sulphides, it is deep at 374 metres. Not sure of any other significance besides the depth is even more than Hole 12. That intersection could grow a bit also with the actual assays. 

I think we will all know generally how good or great Hole 12 is and perhaps Holes 13 and 14 likely to be released at the same time. I think in this tough market for juniors you need "very,good" assays at least to have any meaningful impact at least in the short term. If the assays are only "good" or "decent" (i.e. say for example 10 metres x 4%), it will help and the story continues but I would not expect any pop in the stock price and perhaps a pullback. 

Lots of warrants o/s excerciable at $0.20 which will start being exercised if the results are excellent. I think many already have been since a small number expire in a few months if I recall correctly. 

Hope we get results Tuesday however perhaps Wednesday if everyone was off on holidays. 

GLTA
BC
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