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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 > I took time to scrutinize the interview posted
View:
Post by WarrenBuffeitt on Mar 23, 2023 7:28pm

I took time to scrutinize the interview posted

CEOs are there to promote the company employing them, it is always wise to approach these clips with a healthy degree of skepticism.
Several statements stood out. The market's present valuation of Bonterra vs. infrastructure is estimated at around hundred fifty million. In-ground resources are not included in that figure.
An additional statement that jumped forward is Management is scrutinizing fits for a strategic partner.

This bodes well for a 0.28 stock with the assets they have journaled.

As I previously wrote you, I'm not happy with my cost average.
My attempt to change that over the next week entails taking for-sale discounts from sellers.
Comment by WarrenBuffeitt on Mar 23, 2023 7:34pm
I failed to add this directional link. Look closely at the institutional holdings. This will clarify the comment Marc-Andre-Pellitier made touching sellers. https://www.barrons.com/market-data/stocks/btr?countrycode=ca&mod=searchresults_companyquotes&mod=md_home_hdr_search
Comment by fruitvale3067 on Mar 23, 2023 10:26pm
WarrenBuffett, out of that whole interview the present valuation of the infrastructure is what stuck out to you? The gold in the ground costs more to produce they what they can sell it for. Now knowing that ask yourself the question how much is the infrastructure worth again.  Who is going to pay $150 million for a mill that can't operate for a profit? Regardless of how much gold you ...more  
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