BonTerra Resources Inc V.BTR

Q1 financials out...

[fruitvale3067]

3.5 million is cash available at March 31,2023. Lost $3.65 million for the quarter and running a $285 million dollar deficit. 

At a million dollar burn rate/month and being a months and a half since the ending date of this report ,that leaves them with about 1.7-1.9 million cash remaining. One way or another a merger or dilution is close at hand.

[sidebet2]

EXACTLY FRUIT !! BRAVO .. you seem surprised to learn that companies that have no income need money from other sources ..you're a slow learner, I have been telling you that for 8 years. Only when the pp does not produce anything it becomes a problem So my bet, the side bet is a merger soon, like last time, when OSK presented the 1.60 BTR was in the middle of finance, OSK wanted them to abandon

[fruitvale3067]

SIdebet, All the PP's up to this point haven't produced anything. In fact the company is worse off because they aren't progressing with any projects except the JV. If a merger is in the cards it's going to be a lot less then $1.60/share. 

[sidebet2]

Well Fruit, you are one poor observer and investor that's for sure. PP's have produced nothing ? ..blahahaha... What are you talking about Fruit !!  We went from a zero RE, because there wasn't any, to an  RE of you tell me ? ..2 million ounces ..3 million ounces ..and please if you want to shun Barry on the same trend as Windfall, with Marc pointing out to everyone we have

[fruitvale3067]

Sibet, what ounces they have added isn't economical at todays gold prices which are at all time highs!!! Not to mention Moroy's and Bachelor lake deposits heve been flooded so those ounces should be subtracted from the current totals. The whole point of measured and indicated resources when they report them is measured is supposed to be the economically minable ounces. Well MAP just told

[fruitvale3067]

SIdebet, got look at the PEA results posted on the investor presentation they do a cost breakdown that says AISC is something like $1100/ounce.  Then MAP in this latest Crux presentation said $2000/ounce isn't enough.  Plus they have shut down all the deposits. So which do you think is right? The investor presentation of the word and actions MAP has taken in the last year and 3

[sidebet2]

Ya Fruit, the words of the Bonterra CEO are important. He said at least twice the important words ...BUY BONTERRA, AND NOW IS A GOOD TIME TO BUY MORE BONTERRA !!  fruit .. the deal is happening ..just a matter of at what price and exactly when ..but soon ..!!  ..so Fruit, your words really don't work for me at this point. I like the words also out of the mill less osisko's ceo

[fruitvale3067]

you better hope fpr a buyout Sidebet, because if they go the financing route that means Osisko/goldfields aren't interested at this time, more dilution is on the way and you haven't got a stock price catalyst as far as the eye can see. 

[sidebet2]

thanks for the commentary Fruit, but it is you that cannot see. This is a gold camp. You say sell, Marc says buy .. I have been buying for years, never selling , because I know this camp is historic and I own a bit of OSK ..lots of BTR and another one ? ..sort of a feeder to bachelor in 2028 when the windfall mill has cut the ribbon.  BTR owns 20% of a gold camp that will produce a world

[fruitvale3067]

You hang in here, I'll stick with Mongolia. Just on the Hugo North extension Entree has 18 million ounces of gold, 66 million ounces of silver and 13 billion pounds of copper. If you want to add in Heruga (which is another deposit) add in another 1.4 billion TONS of copper equivalent resources @ 0.68% cu. That dosen't include any additional exploration.  Your shares may become Osisko

[sidebet2]

Fruit, I wish you well ..

[fruitvale3067]

Sidbet, it's already going well. Which is more then I can say about BTR.