RE: company still sound, with great possiblitiesP,
It appears that one of the best possibilities for BTT would be to give Rio (assuming they are interested) an option to acquire say 70-80% of the Michigan PGM project in exchange for cash and/or shares + some sort of royalty. This would allow Rio to concentrate their activities to one area of this pristine country while giving BTT access to much needed cash while having some development on their property.
The cash would enable BTT to develop their Au properties without destruction of the share structure, although I still think it would be a good idea to JV at least some (at least one, possibly all) of the other properties to advance them to possible production while lowering risk. I still can't see Ur development in MI happening any time soon-too much local opposition in my opinion. Thank you.
Kind Regards,
JA_P