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Gold/Mining/Energy : Bitterroot Res. (V.BTT)

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To: Marc L. Greenberg who wrote ()4/9/1997 8:02:00 PM
From: Ray DeMoss   of 107
 
To all interested BTT shareholders,

I called Michael Carr today to find out what was happening with the
share price of BTT. He said there was a large shareholder with Dominion Securities that had to liquidate all his position because of
the BreX mess [probably a margin call]. I will bet there was more than
one that got caught with margin. Time to pickup some quality at
bargain prices.

Drilling should begin in a couple of weeks, the rig has been sitting there waiting on permits. You know this ain't some podunk country
we are operating in. I can tell you what they find in Michigan will
be the real thing it won't be salted samples.

I also hold a bunch of BTT and am adding big time to my position!

Now I am off to the Atlanta Investment Conference.

Later,
Ray DeMoss
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