BTT vs WGFI am not a Coffin, ...but I can think with my own head, looking at what BTT has aplied for and WGF's applications map, I conclude the following:
1) WGF is closer that BTT to GXS's disovery area
2) WGF permits are larger thtn BTT
3) WGF is West and Northwest, where there is already historical coal intercepts and none where BTT is
Furhermore, I used to own BTT about ten years ago, when they were exploring in Michigan, my opinon, is that they are incompentent at best in getting any propery beyond the initial drilling phase...they do not have a good track record, and IMHO, they are just trying to ride thew GXS bus and it willl be very unusual if they ever poke a hole in their porperties...
Do your own due dillihence...for the record, I own GXS, WGF, SMI and NAG (NAG being a promo and pump play, but ....may get a nice double before I dump it ).....WGF and SMI will be the leaders of the area players following GXS, this will be evident within a month........Coffins are very good, but in the case of BTT, I believe that they missed the boat.
Nick