Bonterra Incomplete Base

Bonterra is conservatively a 5-bagger if they can get one of their properties into production, and that's not assuming a rise in the gold price. It is early in its basing pattern. Management wants to produce in 2022, but thus far they've mostly burned through cash working at a snail's pace. Good news will catapult this stock. Today, they announced a buyout offer of $1.60 was made and rejected. Stock was up as much as 30 percent on the news. They also said they want to raise $10 million. There's deep value here, but it may take higher gold prices or a great drill hole with current management.