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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 Detonator66on Jun 11, 2013 9:01am
180 Views
Post# 21510140

RE: Bitterroot Arranges $1.53-million Private Plac

RE: Bitterroot Arranges $1.53-million Private Plac

 

"Obviously the decision to go it alone has been made, which not only shows confidence but means any hits will be 100% to Bitterroot's benefit."

No - the decision to "go it alone" was made FOR THEM because there were ZERO takers. Now there are 174,000,000 shares o/s so if they make a discovery, @ $.30 they are capped north if $50m. Show me a discovery in these markets that gets ANY cap room...This is a desperation move to bail out the "ins" that loaded the gun up to $.15 thinking they had a BIG SUGAR DADDY to fund them. Good luck with that...

Bullboard Posts