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Bitterroot Resources Ltd V.BTT

Alternate Symbol(s):  BITTF

Bitterroot Resources Ltd. is a Canada-based mineral resource company. The Company is principally engaged in the sourcing and exploration of resource properties. It is focused on discovering high-grade, magmatic nickel-copper-PGM deposits in the Upper Peninsula of Michigan and oxide epithermal gold-silver deposits in Nevada. The Company is engaged in exploring the LM Property for high-grade nickel-copper-platinum-palladium deposits. It holds interest in the Voyageur Lands, a separate magmatic nickel-copper-PGM exploration, which covers more than 360 square miles in the Upper Peninsula of Michigan. The Company owns 100% of the 240-claim Nighthawk Property in the central Walker Lane gold belt in Esmeralda County, Nevada, which covers an area of approximately 4,800 acres. Its subsidiaries include Trans Superior Resources, Inc. and Voyageur Lands Corporation. The Nighthawk Property is prospective for near-surface, open pit/heap leach-recoverable oxide gold/silver mineralization.


TSXV:BTT - Post by User

Bullboard Posts
Comment by Aruson Aug 02, 2008 2:53pm
360 Views
Post# 15354495

RE: Insider Michael Carr

RE: Insider Michael CarrI was looking at that transaction too and wondering exactly what was going on there. The sale was carried out privately and the day after on May 14th the shareprice shot up. I wouldn't call it a dump, I think he cut someone else in somehow and/or it could have been something to do with taxes or something. You know, sold to a friend so the friend could sell after the runup without raising suspicions.

***Disclaimer. Everything written above is absolute and pure speculation based on the fact that Michael Carr privately solder 400k shares on May 13, 2008. I have no idea what transpired in that transaction or the reasons behind it.
Bullboard Posts