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BTU Metals Corp V.BTU

Alternate Symbol(s):  BTUMF

BTU Metals Corp. is a Canada-based junior mining exploration company. The principal business of the Company is the exploration of mineral properties. The Company's main assets are the Dixie Halo Project located in Red Lake, Ontario immediately adjacent to the Great Bear Project and the Echum and Hubcap properties in the active Wawa gold district. The Echum and Hubcap properties cover more than 750 mining claims over a total of 16,048 hectares. The Company also has an option agreement to acquire 70% interest in and to over 757 mining claims (12 boundary cell mining claims, three multi-cell mining claims, and 742 single cell mining claims) in the Kenora District of Ontario.


TSXV:BTU - Post by User

Bullboard Posts
Comment by Winwarrioron Aug 06, 2019 1:33pm
48 Views
Post# 29998144

RE:RE:RE:RE:RE:RE:Gold explosion

RE:RE:RE:RE:RE:RE:Gold explosion Agreed . . .  reality for BTU . . . broken drill put program off schedule, labs are choked up with core from a variety of explorers so not likely to see fast results . . .  BTU reports visible mineralization but NOT visible gold . . . so that means we likley will not get a one hole glory hole NR, but will get a ganged together - hey here is what the first 6 turned up . . . and that could take a while so for Kalt and others - who likely have .15 warrants attached to the shares they are selling a good reason to bail and to re-invest. Downside for the smaller retail investor is that many will not go under water and will need some really good news to recover . . . kind of lousey . . . but that is the risk of buying these high risk / high rewards stocks
Bullboard Posts