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cl001

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Alias Born 12/31/2004

cl001

Re: None

Friday, 01/12/2007 9:57:18 AM

Friday, January 12, 2007 9:57:18 AM

Post# of 585
My pick BTT.v
This is a wild wild card, I wouldn't put it in my PSL5 because its risks is too high. However, if things go well, it could easily be the next 10 bagger in 2007! I will either be the laughter(80+%) of VM DD or the winner.
Why? CCJ is drilling for URANIUM on its land. They started the drilling in Dec, the results should be out by February. If there is a hit or a hint of hit, the BTT will explode.

"Bitterroot Resources Ltd. has entered into an option/joint venture agreement with Cameco Corporation covering exploration targets within a 780 square mile (2,000 square km) area of interest in the Upper Peninsula of Michigan. Geophysical surveys conducted by Bitterroot and Cameco have identified a number of untested conductive EM targets within the project area. Approximately 930 feet of core drilling in three holes was completed in June 2004. These holes intersected a strongly graphitic conductive zone and several geochemically anomalous intervals. Follow-up drilling is planned in the second half of 2006, subject to receipt of minerals leases.
Cameco has the option to acquire a 65% interest in all targets within the area of interest by incurring total expenditures of C$23,600,000 (approximately US$20,000,000) over the next 14 years. Portions of the area of interest are subject to earn-in levels ranging from C$1,000,000 to C$10,000,000. Cameco must incur annual expenditures of C$500,000 in each of the next two years to maintain the right to exercise the option. Minimum annual expenditures increase to C$1,000,000 per year for all subsequent years."
(The drilling was delayed till Dec 06 because of permit issues.)

On its website, BBT has the following share info:
Shares Outstanding: 34,253,011
Options: 2,915,000
Warrants: 500,000
Fully Diluted: 37,668,011
As of January 24, 2006
The recent Private offering of 55c and 75c increased it shares outstanding by about 9 million. Currently it is trading at about 70c.
BTT also owns other potential base metal and precious metal properties in BC.
Website for additional info: http://www.bitterrootresources.com

Buy cheap, undiscovered stocks!

Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
Please post stock symbols first in all your posts.

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