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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

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Post by sidebet2 on May 02, 2023 5:13pm

unfolds ?

This just got unfolded and pressed into a nice tray of gold bars. Read the news, tell me what it says ? It never once said that a mill was going to be built on the actual Windfall site. The key is permitting. That is when the second 300 million kicks in. Then the shared investment for the mill ? ..its free people.  Does any reader think that Gold Fields has no knowledge of 2 MILLION ounces sitting adjacent to Windfall? Did 300 million ON SIGNING just happen as a good will gesture ? No, they could have offered a buck and said $599,999,999 upon permitting, but no, they cut a cheque for 300million. So that says, John we are in, fully committed, but here is the bank roll to go knocking on doors. Do not be confused about this ONE MILL or TWO mills. They would be both set up to produce 3600t/d, if that's the plan ? that is VERY PUBLIC information, go find it, its all there. So cash flow always being the king of business, can one imagine the cash flow from 7200t/d at what ?? ...7 g/t average ..for decades ? ..Timmins has many mills running in their 100 year camp. Like always ..URBAN BARRY IS GOLD ZILLA ..and now we just got a glimpse into our very lucrative future. Under one big top it is an amazing camp ..and bought on the cheap, very cheap, a great deal for Gold Fields for certain.
Comment by BGraham2 on May 02, 2023 6:21pm
Best post you ever put up buddy! If you.re right I gotta look u up ! BG
Comment by idlefreebird on May 02, 2023 9:26pm
sidbet your funny, obviously you know nothing about mining or jv...Osisko just gave away half there profits in this joint venture , therefore a commitement is needed buy Goldfields and Osisko will utilize yhe money's for prep work..now about your mill yes it would be wise to steal Bontera and utilize the mill for years before new mill built ...but then again when new mill is to be built and if ...more  
Comment by sidebet2 on May 02, 2023 10:57pm
well idle, they gave away half their profits then John B is very dumb. They could have had all the profits and a same sized mill and full profits with a btr buyout, so i GUESS THAT MAKES SENSE TO YOU !!  and I am no more goldpan than you are tsoprano .. well even less, cuz I have no knowledge of who he is. I do see the resemblance tho..hahaha.... maybe its Fruit with another one of his ...more  
Comment by idlefreebird on May 03, 2023 7:09am
sidebet, no i ain't happy with the deal...John sold us out for chump change..they would've done better going at it alone and yes without Bontera's properties..MAP not continuing drilling on Barry is a huge red flag..that was Bontera's way to free cash flow to minimize share dilution..they failed but reading between the lines is a big indicator that due to dilution of Barry that it& ...more  
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