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Gold/Mining/Energy : Bitterroot Res. (V.BTT)
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To: Dan P who wrote (21)11/24/1996 9:19:00 PM
From: Carl Pinskey   of 107
 
Dan,
I expect the stock to continue to move toward C$2 with drilling starting the first week of December. Also expect a good increase after the San Francisco Gold Show where several analysts (including Bishop) may recommend BTT as a buy. The first hole will show nickle- question is what percent will the assays show. Michael Carr had a previous goal of having assay results by the time of the San Fransicso God Show, but delay in getting financing in place and the large backlog in getting assays performed will likely push that news into late December/early January. The question on BTT is not if it will become a 10-bagger, but when - what will the drill program be after the first hole, when will the newly acquired properties be tested, etc. In any event it will be playing out during all of 1997, and it is well worth an investment now. Carl
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