Agoracom Blog

Benton Resources (BTC:TSXV) – $15.2 Million In Cash, $11 Million In Holdings … $29 Million Market Cap

Posted by AGORACOM at 1:54 PM on Tuesday, October 20th, 2009

There is a lot more than meets the eye when it comes to AGORACOM client, Benton Resources.  As always, assume I am horribly conflicted about this client – but do yourself a favor and take a look at the following numbers, which speak for themselves:

  • $15.2 Million in Cash
  • $29 Million Market Cap
  • 34% ownership Coro Mining Corp (COP.TSX) – Market Value: $9.8 Million (Oct 20, 2009)
  • Ownership in Marathon PGM Corp (MAR.TSX) – Market Value: $1.35 Million (Oct 20, 2009)

‘Nuff said.

Benton Resources Corp. is a mineral exploration company with an aggressive and experienced management team that is focused on base and precious group metal exploration. The recent prospecting program on the Copper Hill Block A option, located 100 Km south of Timmins, has identified a new gold zone (the Crocker Zone) with assay results of up to 9.65 grams per tonne gold from surface grab samples

Benton Resources: Profile / Benton Resources: Hub / Benton Resources: Shareholder Forum

Regards,
George

One Response to “Benton Resources (BTC:TSXV) – $15.2 Million In Cash, $11 Million In Holdings … $29 Million Market Cap”

  1. Jonathan C says:

    Very impressive at first blush. In essence the company has a $4 million market cap. What debt, if any does the company have?