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Bullboard - Stock Discussion Forum 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... see more

TSXV:BTR - Post Discussion

BonTerra Resources Inc > BUY UP THE FLOAT NCIB !! WE GOT 9M CASH
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Post by sidebet2 on Dec 12, 2022 11:31am

BUY UP THE FLOAT NCIB !! WE GOT 9M CASH

... the good news is that our insiders know what is happening on the share front. It is HONEY I SHRUNK THE FLOAT TIME .. There are very few shares left after the insiders 66.1% .. With logic we should see more and more shares bought up and held, this will protect their investment and dry up the float.   PERHAPS TAKE SOME OF THE 9 MILLION AND BEGIN BUYING BACK SHARES !! COULD ..I THINK THAT 5% OF THE FLOAT IS MAX ALLOWED ? .. so that is 9 million shares at 25cents .. That would take a big bite out of the public float. Dry up 25% of the outstandig shares. let's get ready for the next PP at much higher prices ..or at least get the NCIB filed ...MONEY SPENT BETTER THAN DRILING ..COULD BE A FLAG WAVER TO THE BULL ..TO END THE BULL DUNG ..
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