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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 17, 2019 9:28am
33 Views
Post# 30039282

RE:RE:Not Ryan! BTU Pres holds RGLD!

RE:RE:Not Ryan! BTU Pres holds RGLD!As I've said before, his last sale was on August 7.  There was an nr later that night , stating this and that he held 5,538,900 shares.

SEDI currently shows this, and shows his last transaction on August 7.

As of this morning he holds 5,538,900 shares...

Ryan Kalt  3,052,900 shares

Kalt Industries. 1,341,000 shares

Phoenix Mining 1,145,000 shares

Total  5,538,900 shares 

Anyone could be doing it.  I do suspect, like I said yesterday, there's some just flipping it and playing the swings.  Check the tone of some even on this board.  A couple of days ago...all positive, board fills up with comments...then bam...switch to negative.  And it wouldn't take that many shares.

However this is more positive than Ryan selling.  These flippers can easily get caught and burned if there's a positive nr while they're not holding, and their selling resistance is not present.  Then it'll run and big time...and they'll be chasing the sp upwards. 

I think we'll head to mid teen level, as news becomes inevitable.  If they drill 2500 m, that's probably around 15-20 holes or more if shallow holes are drilled.  Release the results in a couple stages and we could very well head to 0.20 and beyond...easily.


Bullboard Posts