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Gold/Mining/Energy : Montello Resources

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To: UPTICK who wrote (3901)1/6/2000 11:48:00 AM
From: JP   of 4256
 
I see Birch Mountain is moving nicely today. JP

I got this off the Stockhouse thread.
<<What's up with all the repricing of shares??

On the proxy, they are repricing from 0.58-0.25 (2M shares) warrants granted to Redwood Resources.

This after the repricing on 09/09 from 0.23-0.15 (1.9M shares).

Any comments?? >>

My guess would be that they must be planning to start up on the Alberta properties again - but with a new partner -and the only way Redwood would play ball would be to have a better deal -just my speculation. JP
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