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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Martin Wormser who wrote (65388)5/25/2009 3:29:40 PM
From: Giraffe   of 78416
 
Bitterroot (BTT-V) is not yet technically a producer, but it's a below-the-radar company that's worth keeping an eye on: they have a truly spectacular bonanza grade property at Mineral Creek BC where the gold is shallow and easily recovered (i.e. using gravity and water). They're only doing bulk samples right now, but if the grades hold (5 OUNCES per ton) they'll effectively be making as much money on the current 5,000 ton bulk sample as a small producer.

Permits for full production are in process, capex should be trivial. A 43-101 will be completed later this year.

They also have a JV with Cameco for a Uranium prospect in Michigan. That property looks interesting but information is scarce.
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