BonTerra Resources Inc V.BTR

Fruit ..

[sidebet2]

Fruit is confounding the ceo.ca thread ,  he is getting the "how stupid are you " card by posters ..hahaha...funny.  They cannot figure out why a person posts shareless for years ? ..so here at SH, we're not alone ...

[tannin]

Shareless, rather than shoeless from being brainless

[tannin]

I own a bit of this trump. Should we stop spending our last $$s on Barry deep dive; save a few bucks for survival, or do we flog cheap paper on the streets. Gladiator is the 'must' in this story, not Barry.

[fruitvale3067]

Tannin,  I just don't see a reasonable path to good production numbers (greater than 30,000 ounces/year) without occuring some large debt (from a MTO/BTR perspective) or massive dilution. Plus at a minimum if you do get the money it's still 12-16 months from just 30,000 ounce production. Gladiator as you say is a must but it's years out.  No I'm afraid with this latest

[tannin]

Fruits, I agree, reality for BTR - MAP's 'plan' isn't feasable. So 5 yrs and 100 mill (?) to Gladiator production, with no realistic path to fund raising and still retain any substantial equity as currently priced. I'd close everything down, minimum spend, little fund raising, just stop, except, must get final approvals for mill expansion. If Osisko can use our mill, they'

[tannin]

MAP has told us the truth. Now, how quickly will he/BoD make the obvious decisions....stop spending on Barry, minimize expenses, finish Mill permitting, and Gladiator ramp approvals.....and stop. At current prices, does not pay to raise funds to drill.....not even Gladiator.

[fruitvale3067]

Tannin, I just looking thru the New Investors presentation on the website and specifically the new schedule. I remember on the old schedule it mentioned in late 2022 a decision on moving to production for the Barry Open pit. That decision has been made. From what I see now is no production anywhere and the schedule ends in 2024. So at a minimum it's 2 more years with no production and more

[tannin]

Fruits, maybe 2 million a year keeps the doors open and allows permitting to continue, currently that's 8 mill share pp yearly, with every chance of a buyout sooner rather than later, or a 'deal' to finance to 100k ozs/yr. For $2 million, might even get a few ft of drilling. Did Pascal suggest there may be another open pit possibility..think he did, and that it was close to the mill ..