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Re: PARker1703 post# 23516

Monday, 10/09/2017 11:13:30 PM

Monday, October 09, 2017 11:13:30 PM

Post# of 30708
I don't "get it?" No... you don't...

BONZ is under new management, management that has over 80 mines connected to them.

You said "BONZ never had any gold." That was true under BONZ old management which only had one mine. It is a COMPLETELY DIFFERENT Company now.

If you would just read the FACTS in the filings you would plainly see this.

http://www.otcmarkets.com/stock/BONZ/filings

Honestly, to say "You don't get it" is a reflection of how little YOU know, not me. Just read the FILINGS by NEW MANAGEMENT...

http://www.otcmarkets.com/financialReportViewer?symbol=BONZ&id=171399

The Quarter ended March 31, 2017 was the first quarter for our new management team at Bonanza
Goldfields. We have received calls from many shareholders asking about the plans for your
company and will be responding in a series of letters. This letter is about our mines at Chloride, Arizona
Bonanza Goldfields has been in the mining business for almost a decade. The company attempted
to open a mine and processing facility near Congress, Arizona named the "Tarantula Mine." After
spending a total of about $6,000,000 from inception, the company was unable to attract further
financing. So back in 2013 it sold the Tarantula Mine to another mining company for stock valued
conservatively at $38,000 by the company's accountants. The company continued evaluating
other mining claims to explore, waiting for the market to improve.
On the positive side, the company paid off a majority of its convertible debt at the time of the 2Ot3
Tarantula Mine sale. We expect to extinguish the last $35,000 of our convertible debt during the
second quarter of 2017 . Many smaller public companies are only able to raise money by selling
convertible debt, which is convertible into common stock at a discount from the prevailing market
price. This dilutes the other stockholders. We hope to avoid this in the future.
BonatuaGoldfields has a loyal stockholder base. We have heard from stockholOrrc who have
.
owned BONZ for over 3 years. There are over 23,000 posts about our company on a leading
internet discussion forum.
The opportunity at Chloride, Arizona
* * * *
My wife, Barbara Mclntyre Bauman, is responsible for the management of Hondo Minerals
Corporation as well as being President of Bonanza Goldfields Corp. Hondo is also a public mining
company, but its stock does not trade. Hondo historically focused its efforts on the Chloride
mining district near Kingman, Arizona. We have spent a.lot of time in Chloride. It is less than 2
hours' drive from our offices in Las Vegas.
Since 201J, our family has owned several other mines at Chloride that were under a 30-year lease
to a Texas oil company, recently terminated. We are combining our family's Chloride mines with
the Hondo mines and contributing them all to Bonar:za Goldfields. Hondo will not miss Chloride
as we contributed to Hondo a large Nevada gold property called Thunder Mountain, as well as a
Nevada silver property called Mizpah Extension. Hondo will have their hands full in Nevada.
At Chloride, Bonarua Goldfields is going to focus its initial exploration on these three properties:
(1) the Towne Mine and(2) the Hercules Mine and (3) the Badger Mine.

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