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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 SuneeDazeon Aug 16, 2019 10:18am
37 Views
Post# 30036179

RE:RE:RE:PAC vs BTU Market Cap

RE:RE:RE:PAC vs BTU Market CapComparing real estate prices in the same neighbourhood.  They are the prime land holders around Dixie.  All have promising historic results, but none have produced any drill results to date.  We don't know which or if any will hit.  So, I just like to look at their value on a comparitive basis...determine if any are undervalued.

PAC- have a huge land package in Red Lake area that stretches from Dixie towards Madsen Mine and toward Red Lake.  They only have a small portion of the northern Dixie contiguous boundary.

RGLD - has large land package that adjoins the northwestern boundary of Dixie.  What is interesting is the LP fault and felsic rock types from Dixie clearly trend onto their property.

BTU- borders Dixie to the South and most of East.  Like I said yesterday; has important D2 fold structures on it and mafic rocks from Dixie trend onto property

Anyway, I look over geology (I'm an ex geologist), land position and market cap of the companies.  

I currently hold BTU and RGLD...watching PAC but float and market cap is a lot higher than BTU and way higher than RGLD.

Hope this helps.  HAve a good day!
Bullboard Posts