Bullboard - Stock Discussion Forum BonTerra Resources Inc V.BTR

Alternate Symbol(s): BONXF

Metals & Mining Gold

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... see more

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TSXV:BTR - Post Discussion

BonTerra Resources Inc > CEO Pascal Hamelin...:"They are going to like it"

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Post by Digger0144 on Jun 04, 2021 5:44pm

CEO Pascal Hamelin...:"They are going to like it"

"They" is us...what are they going to like?...The updated resource estimate.

As I mentioned in the past...using a historic average of 5 oz. per metre in regards to exploration drilling...the updated resource will add approximately 650,000 ounces to the already declared 2.1 million ounces resource. 130,000 metres of additional drilling....That will bring the new total resource to 2,750,000 ounces.

The only question is how many of those ounces will be in the Measured & Indicated category namely M & I....very important.

Now..if I can figure this out...the market has long been able to do so.
The question is...is this the reason why the stock price has run up significantly in the last number of weeks? Probably not.

They are holding back the in hand assay results...to me..the fact they have held them back and the recent run up and chase at the close today is speaking loudly...they have a friendly deal in the making.

Stay Tuned!

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