Näschster Uran Highflyer- Bitterroot Rescources - 500 Beiträge pro Seite

[gartenriese]

Hi hier haben wir es mit dem nächsten Highflyer zu tun.
http://www.bitterrootresources.com/s/Home.asp


www.tsx.com Kürzel BTT

ist auch in Deutschland handelbar.

Cameco ist dran beteilig.

Aber lest selbst.

Wenn ich seit habe kann ich was dazu schreiben.

gartenriese

[gartenriese]

Antwort auf Beitrag Nr.: 28.679.898 von gartenriese am 05.04.07 16:59:58

rei 9. Feb. 2007: GK Projekt: Hornisse-Zone - eindrucksvoller 2007 gebohrt zu werden Gold-inboden geochemische Abweichung, mehr…


Vereinfachtes vorbildliches für flüssige Zirkulation in den McArthur Fluss-, Dawn See- und Rabbit Seeablagerungen, entsprechend einem idealisierten Querschnittssenkrechten der Schubstörung. Flüssige Zirkulation Wege und die änderung und Mineralisierungzonen werden angezeigt.

Quelle:
Alexandre, P., Kyser., K., Polito, P. und Thomas D., 2005, Gesellschaft von Economic Geologists, Inc., ökonomische Geologie, Volumen 100:5, Feige 8, p.1560, innen; Änderung Mineralogie und beständige Isotop-Geochemie von Paleoproterozoic Keller-Bewirteten Unconformity-Art Uranium Ablagerungen im Athabasca Bassin, Kanada

Bitterroot Betriebsmittel Ltd. versieht Investoren mit multi-commodity, nordamerikanischer Mineralerforschungbelichtung. In Michigan besitzt Bitterroot notierte Mineraltitelinteressen an ungefähr 363 quadratischen Meilen Ländern und hat teilgenommen an einer Joint Venture der Erforschung mit Cameco Corporation, die einen 700 quadratischen Meile Bereich des Interesses umfaßt. Die Firma auch mietet Mineralgewinnungsrechte vom Zustand von Michigan und hält die Prospektierung von Erlaubnis auf US Bundes-besessenen Mineralgewinnungsrechten. Im Januar 2007 führte Bitterroot eine Siebenbohrung, bohrenprogramm von 1.300 Meter durch, um einige Uranziele zu prüfen. Probe Resultate sind schwebend. In Britisch-Kolumbien hat die Firma die Wahl, zum eines 75-Prozent-Interesses am hochwertigen Projekt des Mineralnebenflusses BC zu erwerben Gold, das 55 quadratische Kilometer nahe PortAlberni umfaßt. Bitterroot auch erforscht auch das GK Gold/das silberne Projekt, nahe Beaverdell in Süden-zentralem BC, das NordBrenda Molybdän/das kupferne Projekt lokalisierte 50 Kilometer westlich von Kelowna, BC und das grosse Southeaster Goldprojekt nahe PortAlberni, BC. Die Bohrung ist z.Z. unterwegs auf dem GK und grossen den Southeaster Projekten. Die Bohrung von 10 Bohrungen auf dem NordBrenda Projekt wurde im Januar Februar 2007 durchgeführt. Probe Resultate sind schwebend. Bitterroot hat an den Bezugsrechtsvereinbarungen, die 100-Prozent-Interessen an diesen Projekten zu erwerben teilgenommen.

[gartenriese]

Antwort auf Beitrag Nr.: 28.679.898 von gartenriese am 05.04.07 16:59:58

o Show printable version of 'President and Director' in a New Window Michael S. Carr
President and Director
Michael Carr, President and Director, has been the Company's president and CEO since 1992. Prior to joining Bitterroot, he was an investor relations consultant to Cominco Resources International Limited from 1988 to 1992. Mr. Carr was a registered representative of investment firm Burns Fry Limited in Vancouver, B.C. from 1985 to 1988. Prior to 1985, Mr. Carr worked for as an exploration geologist for a number of companies, including Billiton Metals Canada, JMT Services, SEREM Ltd and Denison Mines. He graduated from McMaster University in 1980 with a Bachelor of Science degree in geology.


o Terence S. Ortslan
Director and Secretary
Terence Ortslan, Director and Secretary, has been the Managing Director of T.S. Ortslan & Associates, an independent mining and metals research firm since 1996. He is also a Director of Maudore Minerals Ltd. and Niocan Inc. Prior to 1996, Mr. Ortslan worked as a mining analyst with a number of respected investment firms including BBN James Capel Inc., Loewen, Ondaatje McCutcheon Ltd., Merrill Lynch, Wood Gundy Inc., Jones Heward & Co. and Maison Placements Canada Inc. Mr. Ortslan obtained a Bachelor of Engineering and Applied Geophysics degree in 1972 and an MBA in 1974, both from McGill University.


o George W. Sanders
Director
George Sanders, Director, is the President of Goldcliff Resource Corporation. He is also a Director of SilverCrest Mines Inc. Mr. Sanders spent over 15 years as a registered representative and precious metals specialist with investment firm Canaccord Capital Corporation and its predecessor companies. Mr. Sanders has also held Corporate Development or senior management positions with Shore Gold Inc., Wescan Goldfields Inc., Richmont Mines Ltd. and Consolidated Cinola Mines.

[gartenriese]

Antwort auf Beitrag Nr.: 28.679.898 von gartenriese am 05.04.07 16:59:58

Die Umsätze steigen seit tagen. Die machen auch so gut wie keine werbung.


3 Months Close Prices
Date Ex : Sym Open High Low Close Chg Vol #Tr Bid Ask
2007-04-04 V : BTT 0.76 0.88 0.74 0.83 0.13 931,995 174 0.82 0.86
2007-04-03 V : BTT 0.69 0.75 0.69 0.70 0.01 164,800 38 0.70 0.73
2007-04-02 V : BTT 0.68 0.71 0.65 0.69 0.00 121,443 30 0.69 0.70
2007-03-30 V : BTT 0.66 0.71 0.62 0.69 0.03 109,000 25 0.63 0.69
2007-03-29 V : BTT 0.67 0.70 0.64 0.66 -0.01 272,100 19 0.66 0.70
2007-03-28 V : BTT 0.70 0.70 0.64 0.67 0.01 144,200 33 0.66 0.67
2007-03-27 V : BTT 0.68 0.68 0.66 0.66 -0.03 38,100 10 0.66 0.70
2007-03-26 V : BTT 0.71 0.71 0.66 0.69 0.02 38,700 14 0.68 0.69
2007-03-23 V : BTT 0.69 0.71 0.67 0.67 -0.02 48,500 19 0.67 0.70
2007-03-22 V : BTT 0.67 0.71 0.65 0.69 0.00 91,000 16 0.69 0.70
2007-03-21 V : BTT 0.67 0.69 0.65 0.69 0.02 181,313 25 0.68 0.69
2007-03-20 V : BTT 0.65 0.70 0.65 0.67 0.02 74,550 13 0.65 0.68
2007-03-19 V : BTT 0.65 0.65 0.65 0.65 0.00 89,976 18 0.65 0.68
2007-03-16 V : BTT 0.67 0.67 0.65 0.65 -0.02 31,665 14 0.65 0.66
2007-03-15 V : BTT 0.68 0.68 0.67 0.67 0.07 12,500 4 0.65 0.67

[gartenriese]

Antwort auf Beitrag Nr.: 28.679.898 von gartenriese am 05.04.07 16:59:58

wahnsinn. sind ganz schön ab gegangen.

ich denke das die noch im april irgendwelche bohrergebnisse rausbringen.

gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.685.909 von gartenriese am 06.04.07 08:05:43

schaut mal wer ich da in letzter zeit sich fett eingedeckt hat. waren alle in der geschäftsführung.

Insider Activity Review – latest 10 filings updated daily

For email alerts and more comprehensive insider filing information, visit www.inkresearch.ca for a two week free trial to Canadian Insider Alert Interactive.
Bitterroot Resources Ltd. (BTT)
As of April 4th, 2007
Filing Date Transaction Date Insider Name Nature of transaction Securities # or value acquired or disposed of Unit Price
Jan 25/07 Jan 19/07 Sanders, George Walter 50 - Grant of options Options 100,000 $0.700
Jan 23/07 Jan 19/07 Ortslan, Terence Srab 50 - Grant of options Options 100,000 $0.700
Jan 21/07 Jan 19/07 Carr, Michael Stewart 50 - Grant of options Options 480,000 $0.700
Jan 21/07 Jan 11/07 Carr, Michael Stewart 51 - Exercise of options Common Shares 100,000 $0.100
Jan 21/07 Jan 11/07 Carr, Michael Stewart 51 - Exercise of options Options -100,000 $0.100
Dec 21/06 Dec 20/06 Sanders, George Walter 16 - Acquisition under a prospectus exemption Common Shares 66,500 $0.750
Jul 10/06 Jul 07/06 Carr, Michael Stewart 54 - Exercise of warrants Warrants -19,500
Jul 10/06 Jul 07/06 Carr, Michael Stewart 54 - Exercise of warrants Common Shares 19,500 $0.400
May 08/06 May 02/06 Sanders, George Walter 51 - Exercise of options Common Shares 100,000 $0.100
May 08/06 May 02/06 Sanders, George Walter 51 - Exercise of options Options -100,000 $0.100

[gartenriese]

Antwort auf Beitrag Nr.: 28.685.926 von gartenriese am 06.04.07 08:13:15

Wow alle indikatoren zeigen auf 100% Kaufen.


BTT.VN - BITTERROOT RESOURCES LTD. [TIER (TSXv)
Date Open High Low Last Change Volume % Change
04/05/07 0.8800 0.9900 0.8400 0.9900 +0.1600 1194774 +19.28%

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 203109250

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 159434359

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 148518094

Overall Average: 100% - Buy

Price Support Pivot Point Resistance
0.9900 0.7900 0.9400 1.0900

[gartenriese]

Antwort auf Beitrag Nr.: 28.706.114 von gartenriese am 07.04.07 17:45:46

ich geh davon aus das noch diesen monat news kommen. die Umsatze sagen bände.

werde mich auf die lauer legen.


gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.679.898 von gartenriese am 05.04.07 16:59:58

NEWSSSSS


Bitterroot Resources drills 0.6 m of 75 ppm U

2007-04-10 01:03 ET - News Release

Mr. Michael Carr reports

URANIUM MINERALIZATION INTERSECTED IN MICHIGAN DRILLING

Analytical results received from Bitterroot Resources Ltd.'s recently completed seven-hole drilling program in Michigan's Jacobsville basin have returned a 0.6-metre interval which contains 75 parts per million uranium, including two 0.12-metre intervals which contained over 100 parts per million uranium. These intervals are considered to be significant as they confirm that uranium-bearing fluids have been active in the Jacobsville basin. The uranium-bearing interval occurs in altered (bleached) sandstone. The mineralized intersection occurs at a depth of approximately 162 metres downhole in an area believed to be proximal to basin-margin faults interpreted from geophysical surveys.

Bitterroot and its joint venture partner Cameco Corp. recently completed a seven-hole, 1,322-metre drilling program to test geophysical targets in the Jacobsville basin. Additional drilling is planned in the second half of 2007. Georgina Price, PGeo, is the qualified person responsible for the content of this release. Analyses were done at Saskatchewan Research Council in Saskatoon, Sask., by ICP-MS (partial digestion).

We seek Safe Harbor.

[gartenriese]

Antwort auf Beitrag Nr.: 28.736.700 von gartenriese am 10.04.07 11:18:46

Bitterroot-Mittel bohren 0.6 M von 75 ppm U 2007-04-10 01:03 UND - Pressemitteilung Herr Michael Carr meldet URAN MINERALIZATION DURCHGESCHNITTEN IN MICHIGAN, das Analytische Ergebnisse erhalten vom kürzlich vollendeten Sieben-Löcher-Bohrprogramm von . von Bitterroot Resources Ltd in Michigans Jacobsville Waschschüssel BOHRT, haben einen 0.6-Meter-Zwischenraum zurückgegeben, der 75 Teile pro Million Uran einschließlich zwei 0.12-Meter-Zwischenräume enthält, die mehr als 100 Teile pro Million Uran enthielten. Wie man betrachtet, sind diese Zwischenräume bedeutend, weil sie bestätigen, dass Uran tragende Flüssigkeiten in der Jacobsville Waschschüssel aktiv gewesen sind. Der Uran tragende Zwischenraum kommt im veränderten (gebleichten) Sandstein vor. Die mineralized Kreuzung kommt an einer Tiefe von etwa 162 Metern downhole in einem Gebiet vor, das geglaubt ist, zu von geophysikalischen Überblicken interpretierten Schulden des Waschschüssel-Randes proximal zu sein.

[gartenriese]

Antwort auf Beitrag Nr.: 28.736.700 von gartenriese am 10.04.07 11:18:46

ich glaub da wird die post heute abgehen.

gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.736.830 von gartenriese am 10.04.07 11:30:05

Das tolle dran ist das hier bei w:o noch keiner es gemerkt hat.

Die Jungs von btt machen so gut wie keine werbung. dort wird heimlich die arbeit vorangetrieben und ich glaube ich werde in den nächsten tagen und wochen und monate reichlich belohnt.

gartenriese

[gartenriese]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[gartenriese]

Antwort auf Beitrag Nr.: 28.737.078 von gartenriese am 10.04.07 11:48:26

3 Months Close Prices
Date Ex : Sym Open High Low Close Chg Vol #Tr Bid Ask
2007-04-09 V : BTT 1.07 1.20 1.06 1.10 0.11 995,575 312 1.08 1.11
2007-04-05 V : BTT 0.88 0.99 0.84 0.99 0.16 1,194,774 276 0.96 0.99
2007-04-04 V : BTT 0.76 0.88 0.74 0.83 0.13 931,995 174 0.82 0.86
2007-04-03 V : BTT 0.69 0.75 0.69 0.70 0.01 164,800 38 0.70 0.73
2007-04-02 V : BTT 0.68 0.71 0.65 0.69 0.00 121,443 30 0.69 0.70
2007-03-30 V : BTT 0.66 0.71 0.62 0.69 0.03 109,000 25 0.63 0.69
2007-03-29 V : BTT 0.67 0.70 0.64 0.66 -0.01 272,100 19 0.66 0.70
2007-03-28 V : BTT 0.70 0.70 0.64 0.67 0.01 144,200 33 0.66 0.67

[Maracash]

Antwort auf Beitrag Nr.: 28.737.209 von gartenriese am 10.04.07 11:56:39

wurd dein neuer thread grad gelöscht aus der hauptseite?

[Dragon2]

das hier ist nur für Zocker

[Dragon2]

leminge wurden abgezockt

[gartenriese]

Antwort auf Beitrag Nr.: 28.737.327 von Maracash am 10.04.07 12:02:45

ja wurde er. die mods sind hier echt sehr streng.

gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.737.396 von Dragon2 am 10.04.07 12:08:44

wieso sollte das hier ne abzocke sein. wenn ja dann kauf doch einfach nicht. ich hab selber heute nochmal zu 0,75 gekauft. schade das ich nicht damals bei 0,5 beherz zugegriffen habe.

ich denke bitteroot wird sehr interessant.

hier ist noch mal der link wo man sehen kann das sich die direktoren bereits im vorfeld richtig dick eingedeckt haben.

http://www.canadianinsider.com/coReport/allTransactions.php?…

[Dragon2]

Antwort auf Beitrag Nr.: 28.737.750 von gartenriese am 10.04.07 12:30:44

insider hat nicht eingedeckt, sondern als Grant of options bekommen

[gartenriese]

Antwort auf Beitrag Nr.: 28.737.970 von Dragon2 am 10.04.07 12:43:58

BITTERROOT RESOURCES
Der kanadische Uran-, Edelmetall- und Rohstoff-Explorer hat Cameco zum Partner, 5 Projekte in Nordamerika!

Bitterroot Resources hat seinen geographischen Fokus auf Nordamerika gerichtet und betreibt dort intensiv Exploration nach Uran, Edelmetallen und Rohstoffen.


Bitterroots hat ne Allianz mit cameco seit 2003 und betreibt dort die uran exploriation im bundesstaat Michigan.

Suche nach Gold, Silber, Kupfer und Molybdän in Kanada
Bitterroot Resources hat in British Columbia die Option auf 75% des hochgradigen Goldprojekts Mineral Creek mit einer Fläche von 55 qkm. Das Gelände liegt rund 55 km von Port Alberti entfernt.
Südlich davon bohrt Bitteroot Resources im Big Southeaster-Projekt nach Gold.


Exploration wird gleichfalls im GK-Gold- und Silber-Projekt nahe der Stadt Beaverdell im Süden von British Columbia sowie im North Brenda-Molybdäum-/Kupfer-Projekt in der gleichen kanadischen Provinz betrieben.
Bitterroot Resources plant Bohrungen im GK-Projekt für die zweite Jahreshälfte 2007. Die bisherigen Gesteinsproben ergaben hochgradige Anomalien von Silber und Kupfer.
Im North Brenda-Projekt werden seit Anfang 2007 vier Bohrungen durchgeführt, um im Anschluss daran vier Targets (Zielflächen) für die weitere Exploration festzulegen.



Bitterroot Resources ist besonders zurückhalten.

Präsident und Direktor Michael S. Carr übt diese Funktionen seit 1992 für den Explorer aus. Zugleich ist er Direktor von Wescan Goldfields. Zuvor war er Berater für Öffentlichkeitsarbeit für Cominco Resources von 1988 bis 1992. Carr arbeitete bis 1985 als Geologe für Exploration für Billiton Metals Canada, JMT Services, SEREM Ltd. und Denison Mines.
Direktor Terence S. Ortslan war geschäftsführender Direktor bei T.S. Ortslan & Associates, einer unabhängigen Research-Firma bis 1996. Er ist derzeit auch Direktor bei Maudore Minerals und Niocan Inc.
Direktor George W. Sanders ist zugleich auch Präsident und Direktor von Wescan Goldfields, Vize-Präsident von Shore Gold und Direktor von Goldclif Resource Corp. Er hält ferner Positionen bei Richmont Mines und Consolidated Cinola Mines.
Ordern Sie an der kanadischen Heimatbörse TSXV!
Die Marktkapitalisierung entspricht angesichts etwa 48 Mio. ausgegebener Aktien rund 22 Mio. €. Es stehen noch rund 4,7 Mio. Optionen sowie 6,64 Mio. Warrants aus, sodass sich – voll eingezahlt – insgesamt 59.346.708 Aktien ergeben.



gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.738.109 von gartenriese am 10.04.07 12:51:55

bin mal gespannt was die kanadier machen.

dort wird auch schon heißt diskutiert.

gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.738.109 von gartenriese am 10.04.07 12:51:55

grad aus dem bullboard gefunden


From Bob Bishop Newsletter Jan 04 2007 posted on BTT website:

Bitterroot's current market capitalization is approximately C$35 million, and in today's uranium share world, that is not a lofty number. There are a number of companies out there with pure exploration programs that are sporting market caps. in the $50-$100 million range, and almost without exception, their programs are not being funded by Cameco (CCO.T/$46.05 - CCJ/$39.32), the world's largest producer of uranium. Importantly, Bitterroot's joint-venture with Cameco has been in place since 2003, well before the current uranimania began to gather momentum.

There are three likely outcomes to the current exploration program: 1) uranium mineralization will be hit, and if comparables are any guide, BTT shareholders will have a $3-$4 stock ($150-$200 million market cap); 2) the recent drill program will prove to be at least a technical success, i.e., the right geochemical and alteration signatures will have been encountered, graphite bodies will explain the anomalies that defined the drill targets, and the right structure and setting for uranium deposition will have been identified; 3) Cameco is unimpressed with the results of the recent drill program and elects to terminate the joint-venture.






hier ins deutsche.


Vom auf der BTT Website am 4. Januar 2007 angeschlagenen Rundschreiben von Bob Bishop: Die gegenwärtige Marktkapitalisierung von Bitterroot ist ungefähr C$35 Million, und in heutigem Uran teilt Welt, die nicht eine hohe Zahl ist. Es gibt mehrere Gesellschaften dort mit reinen Erforschungsprogrammen, die Marktkappen stolz tragen. in den $50-$100 Millionen Reihe, und fast ohne Ausnahme werden ihre Programme durch Cameco (CCO.T/$46.05 - CCJ/$39.32), der größte Erzeuger in der Welt von Uran nicht gefördert. Wichtig ist die Gelegenheitsgesellschaft von Bitterroot mit Cameco im Platz seit 2003 gewesen, kurz bevor der Strom uranimania begann in Fahrt zu kommen. Es gibt drei wahrscheinliche Ergebnisse zum gegenwärtigen Erforschungsprogramm: 1) wird Uran mineralization geschlagen, und wenn comparables irgendwelcher Führer sind, werden BTT Aktionäre ein $3-$4 Lager ($150-$200 Millionen Marktkappe) haben; 2) wird sich das neue Bohrmaschine-Programm erweisen, mindestens ein technische Erfolg zu sein, d. h.. Auf das Recht geochemical und die Modifizierungsunterschriften wird gestoßen worden sein, Grafit-Körper werden die Anomalien erklären, die die Bohrmaschine-Ziele definierten, und die richtige Struktur und für die Uran-Absetzung untergehend, identifiziert worden sein wird; 3) ist Cameco mit den Ergebnissen des neuen Bohrmaschine-Programms unbegeistert und entscheidet sich dafür, die Gelegenheitsgesellschaft zu begrenzen.

[gartenriese]

Antwort auf Beitrag Nr.: 28.738.271 von gartenriese am 10.04.07 13:02:38

na so langsam kommt ja umsatz in deutschland rein.

der letzte kurs in canada war 1,10 can $ ca 0.73 € das war vor der news von heute.

Ich hoffe mal nicht das es zu einem sell bei good news kommt.

bin aber sehr zuversichtlich.

euer gartenriese

Ach ja schaut ruhig mal bei meine Topfavoriten fürs Jahr 2007 vorbei. Die haben auch mit Uran zu tun.

Enpar tech. Kürzel enp

[gartenriese]

Antwort auf Beitrag Nr.: 28.738.219 von gartenriese am 10.04.07 12:59:13

na da erholt sich der kurs wohl von der rally der letzten tage

[stepo]

Antwort auf Beitrag Nr.: 28.740.649 von gartenriese am 10.04.07 15:29:14

nu, erholung ist ja ganz nett, aber das ging doch ziemlich in den keller

[gartenriese]

Antwort auf Beitrag Nr.: 28.740.859 von stepo am 10.04.07 15:38:22

ja das hat mich doch wieder mal ganz kalt erwischt.

naja bleibe dran und kaufe nach.

gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.740.859 von stepo am 10.04.07 15:38:22

so werde mal selber kräftig nachlegen. das war ja ein geschenkt.

gr

hat sich an der lage nicht geändert. da haben sich einige wohl mehr von der news erhofft.

gr

[Schnuckelinchen]

Antwort auf Beitrag Nr.: 28.737.750 von gartenriese am 10.04.07 12:30:44

Tja, Gartenzwerg. Morgens gekauft und Abends schon mit einem Drittel im Verlust, das kann nicht jeder

Die Bohrergebnisse sind dann wohl doch nicht mit grosser Begeisterung aufgenommen worden. Meine paar Stück sind heute morgen jedenfalls ebenso wie die NUP noch passabel veräussert worden.

[gartenriese]

Antwort auf Beitrag Nr.: 28.747.094 von Schnuckelinchen am 10.04.07 21:16:49

ok ich finds auch nicht schön nun heißt es einfach aussitzen

gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.750.567 von gartenriese am 11.04.07 01:28:12

ich kann gar nicht verstehen wieso die so nervös waren. der bericht war doch ok. ich hoffe mal das die zocker raus sind.

gr

[_julaIn_]

[mfierke]

Antwort auf Beitrag Nr.: 28.808.496 von _julaIn_ am 14.04.07 13:29:08

[RMINCONSULT]

Antwort auf Beitrag Nr.: 28.738.271 von gartenriese am 10.04.07 13:02:38

Da ein BB im Forsys -Faktenthread für den erwerb des BB warb, um herauszufinden, welche geheimnisvolle "Uranrakete" hier abgehen soll, habe ich mir einmal den Hintergrund angesehen.

Untersuchungen der Universität Michigan über Urangehalte aus Brunnen für die Trinkwasserversorgung aus dem Grundwasserleithorizonz (Aquifer) im Jacobsville Sandstein (tektonische Struktur: Jacobsville Basin) könnten Bitteroot und Cameco veranlasst haben Bohrungen niederzubringen. Es ist nicht auszuschließen, dass diese Bohrungen zu eigenen Lasten für die Umweltschutzbehörde (EPA) durchgeführt wurden. Diese hatte einen neuen Grenzwert von 30ppb für den Urangehalt im Trinkwasser festgelegt. Untersuchungen der Universität Michigan haben in Brunnenwässern Gehalte von 0,01 bis 190ppb gefunden. Erhöhte Gehalte stehen im Gleichgewicht mit Uranmineralisation; dazu unternimmt die Universität Berechnungen mit dem Programm Phreeqc, welches vor Jahren vonm US Geological Survey entwickelt wurde und u.a. chemische Gleichgewichte zwischen Feststoffphasen (z.B. Uranmineralien) und wässrigen Lösungen, die mit diesen in Kontakt stehen berechnen lässt.
Die sieben niedergebrachten Bohrungen mit durchschnittlichen Tiefen von 200m (insgesamt 1322m) haben eine 60cm mächtige Zone mit 0.0075% U3O8 und eine 12cm ächtige Zone mit 0,01%(100ppm) U3O8 durchteuft. Da das Gebiet nördlich des Lake Superior ein alter Hochkraton ist mit Gesteinsschichten, die etwa zwischen 500 und 370Mill. Jahre alt sind, wurden alle Gesteine durch Bewegungsvorgänge in der Erdkruste (regionale Druck-Temperatur-Umwandlung auch mehrfach) überprägt. Daher ist es ganz normal, dass eine potenzielle Uranvererzung und sei sie noch so gering hier an Graphit gebunden ist. Das sind die durch die Thermometamorphose(Umwandlung der Gesteine unter erhöhter Temperatur bis mehrere 100°C)in Graphit umgewandelten ehemaligen Pfanzenreste an denen das Uran aus vagabundierenden Formationswäsern im jungen Sandstein durch Reduktion ausgefällt wurde.
Aber wer würde denn einen Bergbau offen oder wegen der extrem geringen Gehalte durch Laugung mit Säuren in einem Grundwasserleiter zulassen,der eine ganze Region mit Trinkwasser versorgt? Ist es nicht viel wahrscheinlicher, dass die Bergbaugesellschaft Bitteroot und Cameco einmal der EPA einen Gefallen tut, der sich bei anderen Genehmigungsverfahren vorteilhaft auswirkt?
Die Investoren in Kanada haben die Ergebnisse jedenfallsnicht vom Hocker gerissen.

[birkos]

..Oh je mal sehen was das hier wird..

[snowflyer1]

Da muss ich mal ne lanze brechen für gartenriese!


das es so hoch gehypt ist im april und der gewinn gleich wieder abgegeben wurde ich schlicht und einfach das branchen risiko, das kan so ziemlich jeden kleineren uran explorer treffen!


aber trotzdem BTT ist ein interessanter wert, da müssen nicht alle diesenda posten!

lest mal den link da:

http://www.swiss-gold.ch/php/artikel/uran_04152007.htm
man gibt cameco michigan und uranium auf googel ein und hatt den wert nach 2 sekunden enttarnt!

es ist 100% sicher >

Bitterroot !!

Herr friedrich lange hatt ein recht wenig bekannten BB, aber er trifft sehr gut mit seinen empfehlungen mit grosser trefferquote!

kursziel immerhin 300%. btt hatt ja noch meherer aussichtsreiche projekte.


ebenso hatt btt manch angelsächsischer bb auf der watch/dispo liste!

wen der bullenmarkt vorüber ist dann wird btt die 300% locker erreicht haben!

[schmiel]

Antwort auf Beitrag Nr.: 28.830.747 von snowflyer1 am 16.04.07 07:18:28

Hallo,

genau diesen Artikel vom Investor Verlag gelesen und bin genauso verfahren.
habe mir heute morgen direkt welche ins depot gelgt und schon 10% im Plus. mal sehen ob das so bleibt, aber da haben sicherlich einige so gehandlet.

Auf Arafura bin ich über die WErbung genauso gekoommen und habe sofort nach kurzer Recherge bei wO zugeschlagen. auch hier ein volltrffer, wobei ARt immr sehr gute verlässliche Analysen bereitstellt und den Tiel wohl schon als erster lange endeckt hat.

Vielleicht wird Bitterroot auch so ein Highflyer, wier werden es sehen.

Gruß JÖrg

[gartenriese]

Antwort auf Beitrag Nr.: 28.832.395 von schmiel am 16.04.07 09:52:17

moin jungs es ist 100% das denke ich bitterroots.
wenn ich zeit habe kann ich noch was schreiben.

gr

[gartenriese]

Antwort auf Beitrag Nr.: 28.832.593 von gartenriese am 16.04.07 10:03:44

BTT.VN - BITTERROOT RESOURCES LTD. [TIER (TSXv)
Date Open High Low Last Change Volume % Change
04/13/07 0.8200 0.8300 0.7900 0.8200 +0.0300 233500 +3.80%

Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM) Buy Weak Strongest

Short Term Indicators
7 Day Average Directional Indicator Buy Minimum Strongest
10 - 8 Day Moving Average Hilo Channel Hold Bullish
20 Day Moving Average vs Price Buy Weak Strongest
20 - 50 Day MACD Oscillator Buy Weak Strongest
20 Day Bollinger Bands Hold Bullish

Short Term Indicators Average: 60% - Buy

Medium Term Indicators
40 Day Commodity Channel Index Buy Minimum Strongest
50 Day Moving Average vs Price Buy Weak Strongest
20 - 100 Day MACD Oscillator Buy Weak Strongest
50 Day Parabolic Time/Price Sell Strong Weakest

Medium Term Indicators Average: 50% - Buy

Long Term Indicators
60 Day Commodity Channel Index Buy Minimum Strongest
100 Day Moving Average vs Price Buy Weak Strongest
50 - 100 Day MACD Oscillator Buy Minimum Strongest

Long Term Indicators Average: 100% - Buy

Overall Average: 72% - Buy

[RedScorpion]

Antwort auf Beitrag Nr.: 28.832.395 von schmiel am 16.04.07 09:52:17

Was hälst du von Lynas gegenüber Arafura..?

beide in Australien..Lynas scheint konservativerer Wert zu sein

Bitterroot wird abgehen..
bin heute auch rein

[KATZENHASSER]

Antwort auf Beitrag Nr.: 28.830.747 von snowflyer1 am 16.04.07 07:18:28

das war auch meine überlegung....bin seit heute auch(spekulativ)dabei

vor allen dingen ist D immer ein frühindikator für Can

[schmiel]

Antwort auf Beitrag Nr.: 28.833.709 von RedScorpion am 16.04.07 11:12:51

Hi
normalerweise hndle ich wenig mit rohstoffen, insofern bin ich hier nicht fit, aber wie man hier im aru thread lesen kann ist aru deutlich besser wahrscheinlich selbst jetzt noch.

Ich arbeite fast ausschließlich mit Optionsscheinen auf Trendfolgeaktie un dbin beim Proffe-Trendfogedepot, wobei ich die strategeie etwas abgewandelt habe.
Antizyklisch jeder Korrektur kaufen.
Das bringt richtig Spaß und da sind 300-1000% nicht selten und das oft in nur ein bis zwei Monaten oder noch schneller. siehe z.b. Adidas. Mit dem richtigen schein waren das 10005 in 3 Wochen.
Aber da braucht man mut und wirklich gutes timing, sonst geht es nach hinten los.

aber momentan will ich etwas diversifizieren und ähnliche performance kann ich eben nur mit den Rohstoffwerten machen.
Ich zocke hier abe nie . Alle trades gleiches volumen und dafür breit gestreut.
Jörg

[gartenriese]

Antwort auf Beitrag Nr.: 28.837.504 von schmiel am 16.04.07 15:06:59

toller umsatz heute sowohl hier als auch in can.

gr

[KATZENHASSER]

canada +8,6%

[kgunther]

Antwort auf Beitrag Nr.: 28.928.259 von KATZENHASSER am 20.04.07 23:52:07

Tja, ein Highflyer ist der Wert im Moment nicht.
Allerdings ist er vor etwa einer Woche sehr positiv von dem (teuren) Börsendienst Rohstoff-Investor besprochen worden. Es gibt eine Delle bei vielen Uranwerten, das liegt einmal an der Neueinführung von Futures und Derivaten (ab Mitte Mai), da fließt Liquidität aus den U-Aktien ab und in die Derivate hinein. Dann ist auch der Uranpreis allzu stark gestiegen. Manche Analysten und Experten sagen, aus Uran sei die Luft raus, man solle im Rohstoffbereich eher auf Seltene Erden (ARAFURA, LYNAS) setzen:

Geldanlage-Report-Kolumne:

Uran - Ist die Schallmauer durchbrochen?
– Teil 3*Nehmen Sie bei spekulativen Werten Gewinne mit

Wer im Januar unseren spekulativen Uran-Empfehlungen gefolgt ist, konnte im Schnitt hohe Gewinne einstreichen. Zwei der drei vorgestellten Werte entpuppten sich als Highflyer. Uranerz (WKN A0F5XB) stieg von 2,74 Euro auf aktuell 5,14 Euro.

Das entspricht einem Gewinn von über 75 Prozent. Fronteer Development Group (WKN 533050) kletterte immerhin von 7,61 Euro auf aktuell 10,60 Euro (+36 Prozent). Lediglich Pele Mountain (WKN 251717) notiert bei aktuell 0,66 Euro niedriger, als zum Empfehlungskurs (0,85 Euro; -22 Prozent).
Mein Vorschlag: Nehmen Sie nun zumindest Teilgewinne mit! Aktuell befinden wir uns in einer Übertreibungsphase. Speziell die Aktien von mittelgroßen Uran-Explorern mit relativ weit fortgeschrittenen Projekten sind zuletzt extrem gut gelaufen.

In der aktuellen Phase werden nun noch höchst spekulative Junior-Explorer gezockt, die sich in ganz frühen Projekt-Entwicklungsphasen befinden. Das ist typisch für eine bevorstehende Korrektur.

*Warum Cameco wieder interessant wird

Selbst Insider, die an steigenden Uranpreisen interessiert sind, werden nun skeptisch: "Wer jetzt noch in die Uran-Baskets der Banken einsteigt, wird sein Geld verlieren", sagt beispielsweise Kevin Branbrough, ein Analyst von Sprott Asset Management, einem der bedeutendsten institutionellen Player im Rohstoffbereich in Kanada. Farri Babikian, der Leiter der Minensparte beim französischen Atomriesen Areva (die gerade den deutschen Windenergie-Leader Repower Systems aufkaufen wollen) sagt: "Mittelfristig wird der Uranpreis auf 65 US-Dollar je Pfund fallen."

Kommt es tatsächlich so, dann wird die Euphorie für Explorer-Aktien beträchtlich nachlassen. Weiterhin profitieren dürften aber Unternehmen, die an der ganzen Wertschöpfungskette bei der Uranproduktion beteiligt und nicht unmittelbar von Preisschwankungen betroffen sind. Dazu gehört beispielsweise der Bereich Urananreicherung, der allerdings meist unter staatlicher Kontrolle steht. Uran-Marktführer Cameco ist eines der wenigen börsennotierten Unternehmen, die auch dort aktiv sind.

Die Aktie von Cameco kommt seit über einem Jahr kaum vom Fleck, nicht zuletzt auf Grund des Desasters bei der Cigar Lake-Mine. Doch inzwischen sind die schlechten Nachrichten wohl im Kurs eingepreist und die Bewertung der Aktie ist wieder auf ein vertretbares Niveau gesunken. Nach aktuellen Analystenprognosen liegt beim momentanen Kurs von 34,49 Euro das 2008er-KGV nur noch bei 14.

Mit einem Cash-Bestand von 334 Millionen US-Dollar haben die Kanadier zudem eine prall gefüllte Kriegskasse und können entsprechend zukaufen.

Nach dem auch charttechnisch nun endlich der Ausbruch auf neue Hochs gelungen ist und sich ein Rücksetzer ans alte Hoch angeschlossen hat, scheint die Aktie momentan einer der wenigen interessanten Uranwerte zu sein.

Ebenfalls interessant ist das Papier von Uranium Participation. Der einzige Geschäftszweck dieses Händlers besteht darin, physisches Uran zu kaufen und zu horten. Das heißt, es handelt sich hier ähnlich wie bei dem Silver oder Gold Exchange Traded Fund um ein Papier, mit dem sich quasi direkt in den Rohstoff selbst investieren lässt.

Am Dienstag gelang eine Kapitalerhöhung in deren Rahmen 6,5 Millionen Aktien zu 14,60 kanadischen Dollar verkauft wurden und damit Bruttoeinnahmen von 94,9 Millionen kanadischen Dollar erzielt worden sind. Das zeigt wie groß das Interesse institutioneller Investoren an dem Papier ist.

Allerdings war der Preis der Aktie zu diesem Zeitpunkt bereits weit davon geeilt und liegt auch jetzt noch bei 17,23 kanadischen Dollar 18 Prozent über dem Kurs zu dem die Kapitalerhöhung stattfand. Der Kurs der Kapitalerhöhung dürfte auch in etwa dem Net Asset Value (NAV), also dem tatsächlichen Buchwert je Aktie entsprechen.

Wer mittel- und langfristig von einem weiter steigenden Uranpreis ausgeht und relativ konservativ investieren möchte, für den ist Uranium Participation eine interessante Option.

Allerdings sollte vor dem Kauf abgewartet werden, bis der Aufschlag auf den fairen Wert des Papiers abgebaut wird. Meist passiert dies während einer Korrektur des Basiswerts.

MEIN FAZIT:

+ Angebots/Nachfrage-Missverhältnis spricht für weiter steigenden Preis

+ Zuspitzung der Situation wegen Minenschließung und politisch-strategischen Initiativen

+ Hohe Energieeffizienz von Uran

- Anzeichen einer Überhitzung am Markt (extrem viele Neuemissionen; Hedge-Fonds gehen in den Markt)

- Hohe Bewertung bei vielen Uran-Explorern

--> Vor einem Einstieg Korrektur abwarten!



Armin Brack ist Chefredakteur des Geldanlage-Reports. Gratis anmelden unter: www.geldanlage-report.de.

[RedScorpion]

bei diesem Wert tut sich aktuell immer noch nicht viel..

dabei ist dieses Unternehmen Betterroot so eine Perle..
ist eigentlich gut ..was dies steuertechnisch anbelangt -)

dieser wird bestimmt noch entdeckt, da ja Cameco für Aufsehen sorgen wird..

[kgunther]

Antwort auf Beitrag Nr.: 28.834.476 von KATZENHASSER am 16.04.07 11:59:44

Komisch, daß nun keiner mehr was schreibt, wo Bitterroot so kräftig abgetaucht ist. Ich habe den Wert auch über die ach so streng geheime Beschreibung im Investor daily gefunden und gekauft. Bis jetzt ein Drittel Verlust, woran kann das liegen?

Ich glaube nicht, daß die Recherche in den Suchmaschinen ein unzutreffendes Ergebnis gebracht hat, und ich glaube auch nicht, daß Investor daily sich da einen Irrtum oder einen Scherz geleistet hat. Zu hymnisch waren die Beschreibungen. Aber die Eröffnung des Futuremarktes hat erstmal viel Liquidität von den Minenwerten abgezogen, da viele lieber mit den futures spekulieren. Meiner Ansicht nach eine Strategie, die leicht nach hinten los gehen kann, wenn der U-Preis auch mal fällt. Demnach sind sehr viele Explorer erstmal gefallen, auch, zB ESO, Pan African Mining, Xemplar, u.a. Dieser Abverkauf geschah vermutlich nicht differenziert, viele haben ihre Explorer geschmissen, ohne weiter die Chancen zu prüfen. Also bleibt die "Investor-daily-Phantasie" bestehen und man wird abwarten müssen, bis sich die Bewertung normalisiert. Bitterroot kann durchaus noch explosionsartig steigen: HALTEN; NACHKAUFEN!

[RMINCONSULT]

Antwort auf Beitrag Nr.: 29.414.731 von kgunther am 22.05.07 10:51:33

Hallo kgunther,
lies nochmal mein posting #33 in diesem thread. Ich binzwar kein BB-Experte aber eben ein Fachmann.
In gleicher Weise hatte ich vor Golden Patriot gewarnt, aber manche glauben es immer noch nicht (siehe dort).
Glück Auf

[kgunther]

Antwort auf Beitrag Nr.: 29.414.731 von kgunther am 22.05.07 10:51:33

Friedrich Lange vom hochgeschätzten OXFORD-Club hat erneut Bitterroot beschrieben, so daß kaum Zweifel daran bestehen, daß wirklich diese Aktie gemeint ist. Das ist etwa der dritte Lobpreisungsartikel, der besonnene Chefredakteur dieses Börsendienstes wird das nicht tun, wenn nicht die Analysen tatsächlich hochpositiv sind.
Im folgenden Zitat aus dieser Lobpreisung habe ich Passagen fett und unterstrichen angemerkt, die für die Bewertung wichtig sind, rot jene Passagen, die deutlich auf Bitterroot hinweisen. In http://www.bitterrootresources.com/s/ManagementProfile.asp
können zB die Aussagen über das Management überprüft werden. Es gibt wohl keine andere Aktie mit genau dieser Management-Struktur, mit 4 kanadischen Minen, darunter Mineral Creek und einem 2000 qkm großen Abbaugebiet in Michigan, , das 2007 ein 7-Loch Bohrprogramm auf 1300 m niedergebracht hat. Auf der Hauptseite der Firma finden sich auch Zitate von Analysen(unabhängige?), die auf dem erniedrigten Niveau zum Einstieg raten.
Unser Kandidat heißt Bitterroot!


Uran - das neue Gold
Diese Szenarien machen unmissverständlich klar: Es wird zu einem weiteren, mit Sicherheit sogar extremen Preisanstieg beim Uran kommen. Anleger können vom Uran-Boom der nächsten Jahre primär über Uran-Explorer profitieren.

Doch es gibt dabei ein Problem:

In keinem anderen Explorer-Sektor gibt es so viele schwarze Schafe wie beim Uran. Inzwischen gibt es weit über 100 börsennotierte Uran-Unternehmen. Die derzeitige Angebotsknappheit scheint unseriöse Marktteilnehmer geradezu magnetisch anzuziehen.

Nach vertraulichen Informationen aus Vancouver, der Hauptstadt der Explorer, wird dort hinter vorgehaltener Hand folgende Zahl genannt:

Für einen Explorer, der es wirklich schafft, in Produktion zu gehen, gibt es 9 Explorer, deren Projekte in der Realität minderwertig sind, die pleite gehen, deren Geschäftsmodell nur heiße Luft ist oder die sogar Betrüger sind.

Bei einem so krassen Missverhältnis ist eine überlegene Recherche ein absolutes Muss.

Ich habe daher einen detaillierten Kriterien-Katalog entwickelt, um emotionslos die besten Uran-Aktien analysieren zu können (dazu gleich mehr).

In der Oxford Club Eil-Depesche präsentiere ich Ihnen nur die seriösen Explorer, die wirkliches Potenzial bieten. Jetzt gratis testen.

Mein Kriterien-Katalog schützt davor, einer unseriösen Firma auf den Leim zu gehen. Es ist kaum zu glauben, aber wahr:

Viele Uran-Unternehmen haben gar keine konkreten Pläne, ihre Uranvorkommen irgendwann auch wirklich einmal auszubeuten! Unter Uran-Experten geht der Spruch um, dass solche Unternehmen nicht das Uran, sondern die Börsen ausbeuten wollen ...

Kein Wunder:

Die Uranbranche ist durch den Cigar Lake-Unfall nervös geworden ... und jede Nachricht über zusätzliche, neue Uranfunde lässt die Kurse sofort steigen!

Wie schon gesagt: 10 % der Produktion sind durch Cigar Lake ausgefallen. Jede einzelne positive Meldung wird die Kurse massiv nach oben beeinflussen; so wie zuletzt Ende Oktober 2006.

Nachdem ich mehrere Unternehmen diesen Kriterien unterworfen hatte, stieß ich schließlich auf eines, dem ich aufgrund seiner fundamentalen Solidität mehrere 100 % Wachstum zutraue.

Meine aktuelle Empfehlung ist ein kanadischer Edelmetall-, Rohstoff- und Uran-Explorer mit 5 Projekten in Nordamerika. Kurspotenzial: 300 %Was dieses Unternehmen von der Masse unterscheidet:

Diese Aktie ist eine der ganz wenigen, mit der man nicht nur vom steigenden Uranpreis profitieren kann. Sondern gleichzeitig auch von Preisanstiegen bei Kupfer, Gold, Silber und anderen Rohstoffen.

Außerdem hat es den größten Uran-Explorer der Welt als Partner. Mit diesem Partner, der Cameco Corporation, wird im US-Bundesstatt Michigan nach Uran gesucht, in Kanada in vier anderen Projekten nach Edelmetallen und Rohstoffen.
Im kanadischen British Columbia hat man die Option auf 75 % des hochgradigen Gold-Projekts Mineral Creek erworben, welches eine Fläche von 55 qkm abdeckt. Im Süden davon bohrt die Firma nach Gold. Bei einem Projekt sind Bohrungen bereits für die zweite Hälfte 2007 geplant.Damit fährt das Unternehmen mehrgleisig, was es unanfälliger gegen Marktschwankungen macht. Mit Cameco ist das Unternehmen seit Jahren vertraut

Wichtig für die Seriosität: Keine reißerische Werbung!

Die Öffentlichkeitsarbeit des Unternehmens ist durch eine außergewöhnlich große Zurückhaltung geprägt. Dies ist eine Seltenheit in einer Szene, die oft durch große Werbung und unhaltbare Versprechungen geprägt ist.

Die Marktkapitalisierung (bei Redaktionsschluss) entspricht angesichts etwa 48 Mio. ausgegebener Aktien umgerechnet rund 25 Mio. € (35 Mio. kanadische Dollar).

Das Risikopotenzial im Falle eines stärkeren Kursrückgangs ist bis auf die Marke von 0,40 kanadische Dollar begrenzt, welche die nächste Unterstützungslinie bildet.

Die Analyse nach meinem Kriterien-Katalog hat folgendes ergeben:

KRITERIUM 1: wie hoch sind die Erfolgsaussichten des Projekts?

Es ist immer am lukrativsten, eine Uranminen-Aktie am Beginn ihres Wachstumszyklus zu kaufen.

Also dann, wenn die Aktie für Analysten und Fonds nicht im Fokus steht. Aber es umso stärker sein wird, wenn die Pressemeldungen über erfolgreiche Bohrungen veröffentlicht werden und sich plötzlich alle Analysten auf dieses Unternehmen stürzen. Außerdem:

Der erfahrene und finanzstarke Partner dieses Unternehmens, Cameco Corporation, kann und wird kaum von dem Projekt zurücktreten. Denn dann könnten sämtliche Anstrengungen und die ganze in das Projekt gesteckte Energie möglicherweise einem Konkurrenten in die Hände fallen. Kriterium erfüllt

KRITERIUM 2: Gibt es überhaupt genügend Uran-Vorkommen, um einen nachhaltigen und wirtschaftlichen Abbau zu gewährleisten?

In Michigan besitzt das Unternehmen Abbaurechte auf einer Fläche von 610 Quadratkilometern Land. Der Partner Cameco Corporation bringt weitere 1.176 Quadratkilometer potenzieller Abbaugebiete mit ein; zusammen also rund 2.000 qkm! Außerdem hat die Firma Abbaurechte vom Staat Michigan gekauft. Kriterium erfüllt

KRITERIUM 3: Welches Chance-/Risiko-Verhältnis hat das Unternehmen bzw. die aktuellen Projekte?

Im Januar 2007 wurde ein 7-Loch-Bohrprojekt mit 1.300 m Tiefe gestartet, um mehrere Uranvorkommen zu testen.

Sechs davon waren erfolgreich und ergaben hohe Graphit-Anteile im Gestein, was für einen hohen Urananteil spricht. Weitere Bohrungen werden in der 2. Jahreshälfte 2007 folgen.

Das (allerdings reichlich unwahrscheinliche) Worst-case-Szenario wäre: Der Partner Cameco ist unzufrieden mit den Resultaten der Bohr-Projekte und entschließt sich, das Joint-venture zu beenden.

Denn bei der derzeitigen Erfolgsquote von 85,7 % kann auf jeden Fall von einem Erfolg des Projektes ausgegangen werden. Kriterium erfüllt

KRITERIUM 4: Hat das Management genügend Erfahrung in der Branche - und war es in der Vergangenheit bereits erfolgreich?

Der Vorstandsvorsitzende übt seine Position bereits seit 1992 aus. Von 1988 - 1992 war er Berater bei Cominco Resources International Limited, einem wachstumsorientierten Abbau-, Projektentwicklungs- und Produktions-Unternehmen für Kupfer, Nickel, Gold und Zink.

Ein weiteres Vorstandsmitglied war tätig als Geologen für z. B. Billiton Metals Canada, JMT Services, SEREM Ltd und Denison Mines.

Ein dritter stand dem Unternehmen T.S. Ortslan & Associates vor, einem unabhängigen Minen- und Metall-Research-Unternehmen.

Der Aufsichtsratsvorsitende schließlich ist gleichzeitig noch Präsident von Goldcliff Resource Corporation und SilverCrest Mines Inc. Er bringt mehr als 15 Jahre Erfahrung als Edelmetall-Spezialist mit. Außerdem hat er vorher mehrere Managementpositionen bei verschiedenen Goldminenunternehmen innegehabt. Kriterium erfüllt

KRITERIUM 5: Wie solide ist die Aktionärsstruktur?

Es ist ein gutes Zeichen, wenn die Geschäftsführung selber Anteile am Unternehmen besitzt und damit an den eigenen Erfolg glaubt. Noch besser: Eine bekannte Großfirma einer benachbarten Branche besitzt Anteile dieses Unternehmens.

Ergebnis: es gibt wie schon erwähnt ein Joint-Venture mit dem Weltmarktführer Cameco. Dieser kann gegen Investitionen von 20 Mio. US$ in das Michigan-Projekt 65 %-Anteil erlangen. Kriterium erfüllt

KRITERIUM 6: ist das Unternehmen eindeutig unterbewertet oder besitzt es auf den ersten Blick nicht erkennbare Wettbewerbs-Vorteile?

Die momentane Marktkapitalisierung von etwa 35 Millionen kanadischen Dollar ist für die Uran-Branche nicht besonders hoch. Es gibt durchaus Konkurrenten mit einer Marktkapitalisierung von 50 bis 100 Millionen.

Doch nichtsdestotrotz hat mein Favoriten-Unternehmen einen klaren Vorteil: eben das Joint Venture mit Cameco, dem weltgrößten Uran-Produzenten.

Schon heute ist klar: das Unternehmen kann seine momentane Marktkapitalisierung allein durch das neue Uran-Projekt voll abdecken. Die Erlöse der anderen Abbau-Aktivitäten (Gold, Silber, Kupfer) kämen dann noch einmal dazu. Kriterium erfüllt

KRITERIUM 7: Befindet sich das Projekt in einer Anfangs- oder einer Reifephase?

Es ist immer besser, in eine Aktie einzusteigen, über die (noch) niemand berichtet und die niemand auf dem Radar hat. Denn gerade in diesen Phasen sind die höchsten Gewinnen möglich. Es ist eben leichter und wahrscheinlicher, dass eine Aktie von 2 Milliarden auf 10 Milliarden steigt als von 100 Milliarden auf 200 Milliarden.

Ergebnis: Dieses Unternehmen ist ein noch nicht entdeckter Uran-Wert, der bisher noch nicht promotet wurde und wird. Das Management ist dafür bekannt, Erfolgsmeldungen wie die kürzlich erfolgten Bohr-Projekte nicht überschwänglich in die Welt hinauszuposaunen. Kriterium erfüllt

KRITERIUM 8: Befinden sich die Vorkommen in einer Region, die Abbaufirmen gegenüber positiv eingestellt ist?

Die Genehmigungsvorgänge sind langwierig und teuer. Da kommt es dem Unternehmen durchaus zu pass, wenn Regierungen und Entscheidungsträger selber daran interessiert sind, ein solches Projekt voranzubringen - statt es zu boykottieren oder die Genehmigung in langen Debatten zu verzögern.

Ergebnis: die Abbau-Vorkommen liegen vollständig in den USA, und zwar im minenfreundlichen Staat Michigan. Kriterium erfüllt

KRITERIUM 9: Wie hoch sind die Finanzierungskosten und die Währungsrisiken für das Projekt?

Je niedriger die Kosten, desto geringer das Risiko des Projekts und desto höher die Erfolgswahrscheinlichkeit. Zudem können Währungsverluste die Gewinne gefährden.

Ergebnis: In diesem Fall gibt es keine Währungsrisiken, da es sich vollständig in den USA befindet. Der Partner Cameco Corporation finanziert das Uran-Projekt mit 20 Mio. US$. Kriterium erfüllt

Mein Fazit lautet also: ich empfehle nachhaltig den Einstieg in eine der wenigen wirklich seriösen Uran-Perlen. Ein Unternehmen, das zudem kaum bekannt ist und einen soliden Kursanstieg vor sich haben dürfte.

[emovere]

Antwort auf Beitrag Nr.: 30.424.005 von kgunther am 01.07.07 11:08:33

Ich bestätige es!! Aber was meinst Du dazu ?? Bitterroot ist schon empfohlen worden und ist nichts passiert!!!

[KATZENHASSER]

Antwort auf Beitrag Nr.: 30.424.005 von kgunther am 01.07.07 11:08:33

[RedScorpion]

Antwort auf Beitrag Nr.: 30.430.201 von emovere am 01.07.07 16:07:53

kennt jemand die neueste Empfehlung vom Frans-Josef Buskamp?

ein Unternehmen aus Hamburg

[RMINCONSULT]

Antwort auf Beitrag Nr.: 30.424.005 von kgunther am 01.07.07 11:08:33

Nochmals Verweis auf das posting #33; es gehört schon viel Optimismus dazu hier an eine nachhaltige Entwicklung zu glauben.
Die Bohrergebnisse sind nicht gerade berauschen.
Glückauf RMINCONSULT

[andimohr]

Tag Spekulanten

für Bitterroot sprich heuer in erster Linie die Empfehlung des BBs Oxford Club, dessen Empfehlungen in der Regel fundiert zu sein scheinen.

Man sieht auch am Chart, dass Ocford durchaus Kurse bewegt, hier die Empfehlungsdaten:

Bitterroot Resources/CAD CA0919011084 3 Ziel: 3,50
013/13.03.07 TSXV 14.03.07 0,63
013/13.03.07 TSXV 14.03.07 0,64
013/13.03.07 TSXV 14.03.07 0,60
017/03.04.07 TSXV 10.04.07 0,70

In dieser Zeit hat sich der Kurs von ca. 0,60 auf in der Spitze 1,10 CAD bewegt.

Ich bin in Bitterroot nicht (oder noch nicht) investiert, überlege es mir aber. Da ich andere hochspekulative Werte halte und meine Zeit mit Recherche für diese Werte aufbringen muss, sollte sich in diesem Thread mal den folgenden Report zur Brust nehmen und schauen was da so zwischen Zeilen steht:

http://www.bitterrootresources.com/i/pdf/2ndQ-2007.pdf

Und wenn er sich die Mühe gemacht hat sollten diese Ergebnisse hier Veröffentlicht werden.

Der heftige Rücksetzer am 13.07.2007 wurde in Kanada schon wieder gekauft. Solche Sonderangebote bieten sich als erstklassige Einstiegsgelegenheiten für langfrisitig Intersessierte Bitterroot überzeugte an. Vergleichsweise gute Einstiegsgelegenheiten wird es aber weiterhin geben solange die Nachrichtenlage so Dünn ist wie bei Bitterroot. Zum Zocken eignet sich dieser Wert ebesowenig, dazu fehlen einfach die Umsätze.

Für Bitterroot benötigt man ein gutes Bauchgefühl und einen langen Atem (heisst: wer bereit und fähig ist auch mal 50% Verluste Auszusitzen könnte hier gut aufeghoben sein). Wenn aber mal gute News kommen und andere nicht investierte finden in diesem Forum schon brauchbare Informationen vor wäre das eine wertvolle Sache...

Dieser Beitrag stammt von einem interessierten noch nicht investierten.

[kgunther]

Antwort auf Beitrag Nr.: 30.681.729 von andimohr am 14.07.07 10:46:33

Der Oxford-Club hat BB nun schon mehrfach hymnisch beschrieben, zuletzt Ende Juni (siehe meinen Beitrag vom 01.07.07). Der Kurs hat sich allerdings noch keineswegs um diese Hymnen gekümmert, ich bin etwa 35% im Minus.

Den Finanzbericht für das Quartal bis 30.04. habe ich schon mehrfach gelesen, ohne besonders schlau daraus zu werden.
Wie der Geologe in diesem Forum angemerkt hat, sind die Bohrergebnisse nicht gerade gut Uran im ppm-Bereich auf kurze Strecken). Die finanzielle Situation ist gar nicht schlecht, wenn ich den Bericht halbwegs verstanden habe. Die Situation ist auf längere Zeit eher unverändert, leichte Besserung. Es wird ja noch nichts verkauft. Wenn die Situation stagniert, dann bröckelt der Kurs ab.

Nun ja, wir haben da einen Explorer, der noch nicht viel gefunden hat, aber an vielen Stellen tiefe Löcher bohrt. Das kostet Geld. Es ist mir nicht so recht klar, worauf der OXFORD-Club seine Bewertung stützt (Text zitiert im Beitrag vom 01.07.), denn zur Zeit der Erstempfehlung waren die Bohrergebnisse ja keinesfalls vielversprechend. Der Geologe meinte ja, es handle sich bloß um eine geringe Verunreinigung des Brunnenwassers mit Uran-SPUREN!

FAZIT: Der Wert wird sicher steigen, die OXFORD-Leute werden sich ja vermutlich bei ihren Analysen etwas gedacht haben. Aber das wird erst der Fall sein, wenn die Gesellschaft fündig wird!

[Moe_]

Thu Aug 2, 2007
Mineral Creek Project Linda Zone Underground Bulk Sample Permit Received

--------------------------------------------------------------------------------

Bitterroot Resources Ltd.'s (BTT, TSX-V) joint venture partner Mineral Creek Ventures Inc. has received authorization from the British Columbia Ministry of Energy, Mines and Petroleum Resources to proceed with a 5,000 tonne bulk sample of the Linda Zone. The Linda Zone hosts bonanza-grade gold mineralization in several narrow veins which are typically less than 1.5 metres wide. In 2006, 44 holes were drilled into the Linda Zone, which identified high-grade gold mineralization along a strike length of 150 metres and an elevation range of 100 metres. The vein's dip-length is currently 45 metres and is open at depth. A highlight of the drilling results is an interval which returned 390.26 grams gold/Tonne (check assayed 395.19 grams gold/Tonne) over a 0.15 metre true width in the Lower Linda vein. Drilling also intersected a newly discovered parallel vein which initially assayed 25.88 grams gold/Tonne over a 0.10 metre true width, then returned check assays of 188.89 and 185.46 grams gold/Tonne. A third vein with visible gold in outcrop was discovered during construction of Drill Setup 8, which subsequently assayed 14.75 grams gold/Tonne over a true width of 0.15 metres. Detailed assay results are available in news releases and quarterly reports issued by Bitterroot during the past year (www.bitterrootresources.com).

The vein(s) will be mined using conventional mining methods followed by processing through a planned gravity circuit. The costs and revenues from the 5,000 tonne bulk sample will be shared equally by Bitterroot and Mineral Creek Ventures. The companies' geological consultant and project manager Mipoz Geological has begun preparing the portal site, with the goal of initiating mining within the next two months.

Mr. Michael Becherer, P.Geo is the Qualified Person responsible for the design and execution of exploration and bulk sampling programs on the Mineral Creek property.

ON BEHALF OF THE BOARD OF DIRECTORS

[bmh]

Antwort auf Beitrag Nr.: 31.067.376 von Moe_ am 07.08.07 17:45:14

hallo, hat jemand von Euch news, ist überhaupt jemand hier investiert ?

[jensdab]

Antwort auf Beitrag Nr.: 32.184.108 von bmh am 29.10.07 09:40:40

ja, leider

BITTERROOT RESOURCES LTD.

Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
tel [phone]

www.bitterrootresources.com

NEWS RELEASE
October 29, 2007
C$721,250 FINANCING COMPLETED
Bitterroot Resources Ltd. (BTT, TSX-V) has closed an over-subscribed non-brokered private placement of 2,060,714 units priced at $0.35 per unit. Each unit consists of one common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase an additional share at C$0.50, expiring October 5, 2009. The securities will be subject to a hold period expiring February 25, 2008.
The proceeds of the private placement will be used to fund mineral exploration in Michigan (uranium) and British Columbia (gold, molybdenum, copper) and for working capital.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

[bmh]

Antwort auf Beitrag Nr.: 32.212.110 von jensdab am 31.10.07 04:40:04

danke für die infos. -- ist das nun gut oder schlecht oder neutral zu werten ?

[Fritz77]

Es gibt News

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
tel [phone]
www.bitterrootresources.com
NEWS RELEASE
October 31, 2007
GK GOLD PROJECT – TRENCHING RESULTS
Bitterroot Resources Ltd. (BTT, TSX-V) has received assay results from the first seven
trenches excavated on the Blue Jay Zone at the GK gold project, located 10 kilometres
east of Beaverdell, BC. The Blue Jay gold-mineralized zone was identified by anomalous
soil geochemistry and by the presence of twelve previously undocumented exploration
pits. Grab samples collected from the pits in 2006 returned values of up to 28 grams
Au/Tonne. The summer 2007 excavator trenching program on the Blue Jay Zone
consisted of 7 trenches totalling approximately 500 m length, with 177 samples collected.
Results of the trenching, which are detailed in Figure 1, show that the Blue Jay zone can
be traced along a minimum strike length of 250 metres. The zone remains open in both
directions along strike and down-dip; apparent interruptions in the zone can be attributed
to the presence of cross-cutting alkalic pyroxene-feldspar porphyry dykes, as seen in
Trench BJ-04. In detail, the mineralization at Blue Jay consists of a sulphide-enriched
vein-breccia and stockwork in which the matrix and veinlets contain pyrite, arsenopyrite,
quartz and carbonate, along with subordinate tourmaline and chalcopyrite.
Trench From To Length Au Au
ID (m) (m) (m) (g/tonne) (oz/ton)
BJ - 01 42.00 50.00 8.00 3.32 0.097
including 44.00 47.00 3.00 4.99 0.146
BJ - 02 45.00 55.00 10.00 1.34 0.039
including 47.00 51.00 4.00 3.08 0.090
BJ - 03 24.00 33.00 9.00 6.75 0.197
including 27.00 29.00 2.00 22.95 0.670
BJ - 04 25.00 31.00 6.00 1.17 0.034
BJ - 05 39.00 55.50 16.50 0.60 0.018
including 45.00 54.00 9.00 1.08 0.032
including 45.00 51.00 6.00 1.47 0.043
BJ - 06 17.00 18.50 1.50 0.73 0.021
44.00 50.00 6.00 0.46 0.013
BJ - 07 27.00 31.00 4.00 0.75 0.022
Anomalous gold values were also returned in several trenches beyond the limits of the
main mineralized zone, indicating the presence of additional sub-parallel zones. West of
the main zone Trenches BJ-03 and BJ-04 returned 2.9 grams Au/Tonne over 3 metres and
1.17 grams Au/Tonne over 5 metres, respectively.
A second phase of trenching is underway to excavate an additional 560 metres of
trenches to further explore and extend the Blue Jay and other gold-mineralized zones on
the GK property. A drill rig will begin testing the Blue Jay zone during the week of
November 5, 2007. Approximately 2,000 metres of core drilling are planned.
Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and
execution of exploration programs on the GK project. Analyses were done at ALS
Chemex in North Vancouver, BC, by ICP-AES and fire assay/AA.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or
anticipated future events and/or financial results that are forward-looking in nature and as a result, are
subject to certain risks and uncertainties, such as general economic, market and business conditions,
regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties
resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s
ability to execute and implement its future plans. Actual results may differ materially from those projected
by management. For such statements, we claim the safe harbour for forward-looking statements within the
meaning of the Private Securities Legislation Reform Act of 1995.

[jensdab]

Sehr ruhig hier geworden, obwohl Bitteroot per e-mail viele neue news sendet.
hier die letzte von gestern:




BITTERROOT RESOURCES LTD.
[/b

Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
tel [phone]

www.bitterrootresources.com

NEWS RELEASE

November 23, 2007

BIG SOUTHEASTER PROPERTY – CLAIM ACQUIRED
Bitterroot Resources Ltd. (BTT, TSX-V) has entered into an agreement to acquire a 21- hectare mineral claim within its 100 percent-owned Big Southeaster property near Port Alberni, BC. Bitterroot will pay C$25,000 and issue 50,000 shares to the vendor in return for a 100 percent interest in the claim, subject to receipt of approval from the TSX Venture Exchange.
The Big Southeaster property is underlain by mid-Paleozoic Sicker Group volcanic rocks, hosting gold and polymetallic base metals sulphide mineralization. Samples from 15 holes drilled since September to test polymetallic mineralization have been submitted for analyses and results are expected within the next two months. Drilling is expected to continue for another two weeks.

ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995

[jensdab]

News - ob das den Kurs bewegt?


BITTERROOT RESOURCES LTD.

Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
tel [phone]
www.bitterrootresources.com

NEWS RELEASE

December 18, 2007
EXPLORATION UPDATE
Michigan Uranium Joint Venture
Bitterroot Resources Ltd. and Cameco Corporation’s US subsidiaries have been exploring for uranium in the Upper Peninsula of Michigan under an option/joint venture agreement since 2003. Cameco is in the process of earning a 65 percent interest in a 72 square-mile area of interest. Bitterroot, as project operator, has recently been notified by USDA Forest Service that permits for the next phase of drilling and geophysical surveys are subject to additional public comment. Based on current USDA Forest Service timelines, exploration is expected to resume in mid-2008.
North Brenda Molybdenum/Copper Project, BC
During October, Bitterroot’s drilling contractor completed 1398 metres of drilling in five holes on the North Brenda property. The drill holes are located approximately one kilometre north of the formerly-producing Brenda Mine open pit (159 million tonnes grading 0.049% Mo and 0.183% Cu), which is 30 kilometres west of the town of Westbank, in south-central British Columbia. The holes were drilled from two setups, testing a portion of the northern extension of the Brenda Mo/Cu mineralized trend, which is defined by highly anomalous Cu/Mo values in soil, Induced Polarization chargeability anomalies and mineralized outcrops.
All five of the drill holes contain molybdenite/chalcopyrite-bearing veins and fracture-controlled mineralization with styles and orientations typical of mineralization previously documented in the Brenda deposit. Bitterroot’s geological consultants interpret this part of the North Brenda property to be underlain by a northerly extension of the mineralizing system which generated the Brenda deposit. Farther north on the 100 percent-owned, 44 square-kilometre North Brenda property there are several other significant IP and geochemical targets which remain to be drill-tested.
Core-logging and sampling of the five North Brenda holes is expected to be completed in January, with assay results currently expected to be available in early 2008. Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the North Brenda project. Analyses are being done at ALS Chemex in North Vancouver, BC, by ICP-AES and fire assay/AA.
GK Gold Project, BC
During November and December, Bitterroot’s drilling contractor completed 3,428 metres of drilling in 17 holes. The Blue Jay zone was tested with 2,682 metres of drilling in 13 holes, while the Hornet zone was tested with 746 metres in four holes.
Drilling on the Blue Jay zone intersected sulphide mineralization in all 13 drill holes completed. Mineralization consists of sulphide-enriched vein-breccias and stockworks containing pyrite, arsenopyrite, quartz and carbonate, with subordinate tourmaline and chalcopyrite. Earlier in the year, trenching of the Blue Jay zone returned values of up to 6.75 grams Au/tonne over 9 metres within similar sulphide-mineralized rock (see BTT news release dated October 31, 2007). The Blue Jay Zone has been tested along a strike length of 250 meters and remains open along strike and down dip.
Drilling on the Hornet zone intersected sulphide mineralization in all four holes drilled. The mineralization at Hornet also consists of sulphide-enriched vein-breccias and stockworks containing pyrite, arsenopyrite, quartz and carbonate, with subordinate tourmaline and chalcopyrite. Trenching of the Hornet zone yielded values of up to 22.1 grams Au/tonne across 5.0 metres within similar sulphide-mineralized rock (see BTT news release dated November 12, 2007). Mineralization occurs in at least five sub-parallel, steeply dipping sulphide-bearing zones, the largest of which has a minimum strike length of 250 metres. All of these zones remain open along strike and down dip.
The 2007 GK drilling program was completed late last week and the drill has since been demobilized. Core logging, sampling and assaying are underway and are expected to be completed in early 2008. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the GK project. Analyses are being done at ALS Chemex in North Vancouver, BC, by ICP-AES and fire assay/AA.
Mineral Creek Gold Project, BC
During the second half of 2007, Bitterroot’s joint venture partner, Mineral Creek Ventures Inc. extracted approximately 200 tonnes of mineralized rock from an adit driven on the Lower Linda vein. Mining activities have been temporarily suspended due to the onset of winter weather and are expected to resume in the spring of 2008. A test-milling gravity circuit is currently being designed and equipment is being sourced. Milling of material from the Lower Linda vein is expected to commence in the first quarter of 2008. In addition, drilling of other structurally-controlled gold targets and volcanogenic massive sulphide targets in the Sicker Group is planned to resume in the spring of 2008. Mr. Mike Becherer, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project.
Big Southeaster Project, BC
During the past year, Bitterroot has drilled 40 holes totalling 11,286 metres on the Big Southeaster property. Of these, 22 holes (6,679 metres) tested targets associated with the gold-bearing Mineral Creek fault zone. Most of the assay results have been received, which have identified several hundred narrow quartz-carbonate vein, shear-breccia and fault-hosted intervals containing highly anomalous gold values (+0.2 grams Au/Tonne). Data compilation is currently underway.
The remaining 18 holes (4,607 metres) drilled on the Big Southeaster property tested polymetallic copper/zinc/gold mineralization in the Regina area. Drilling encountered basaltic flows containing sporadic chalcopyrite, sphalerite and massive pyrite intersections, sometimes associated with quartz veining.
Drilling has been temporarily suspended due to the onset of winter weather and is expected to resume in the spring of 2008. Core logging, sampling and assaying is expected to be completed in early 2008. Mr. John Wilson, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the Big Southeaster project. Analyses are being done at Acme Analytical Laboratories Ltd. in Vancouver, BC, by ICP-MS and fire assay/ICP-ES.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995

[jensdab]

Der Kurs explodiert heute um 44 % mit hohem Volumen und hier ist Schweigen.

Vielleicht haben sich hier schon aller vorher verabschiedet, aber die News mit den Goldvorkommen hören sich recht gut an.








News Releases

'Underground Sampling Returns Bonanza Gold Grades M...' in a New WindowEmail 'Underground Sampling Returns Bonanza Gold Grades M...'

Wed Feb 6, 2008

Underground Sampling Returns Bonanza Gold Grades Mineral Creek Project, BC

Bitterroot Resources Ltd.'s (BTT, TSX-Venture Exchange) joint venture partner, Mineral Creek Ventures Inc. has extracted approximately 200 tonnes of gold-mineralized vein from an adit driven on the Lower Linda vein. Five chip samples collected from underground faces across the mineralized vein returned assays ranging from 0.86 oz Au/ton up to 52.4 oz Au/ton. Results of the chip sampling have confirmed that the Lower Linda Vein hosts extremely high grades of coarse native gold. Previous core drilling has identified high grade gold mineralization in the Lower Linda vein along a strike length of 270 metres and 40 metres down-dip. The Lower Linda vein system presents a unique opportunity for Bitterroot and Mineral Creek Ventures to develop a low-capital cost, low-impact gold mine with the potential to generate extremely attractive economic returns. The Lower Linda vein is part of a series of gold-bearing veins which are present in the Linda area. There is excellent potential to expand the dimensions of the Lower Linda vein and define additional high-grade veins which have previously returned high gold grades in drill core (see attached map).

Location:
~ horizontal
distance from
portal
entrance Sample # Type Sample Length Au
Initial Assay
(30 gram fire
assay, with
gravimetric
finish) Au Check assay
(Au-Analysis -- Screen Metallics
Gold, Double Minus)
metres metres ppm ppm oz Au/ton
4.5 C209432 chip 1.50m 321 343 10.0
6.0 C209433 chip 1.60m 30.2 29.5 0.86
8.6 C209434 chip 0.70m 1,525 1,795 52.4
10.5 (centre) C209435 chip 1.60m 1,795 1,165 34.0
10.5 (lower right) C209436 chip 0.60m 1,020 1,000 29.2

All chip samples were taken across the vein, perpendicular to the dip of the veins/stringers. Sample material was 60% to 80% quartz vein and the remainder of sample material was altered wall rock. Visible gold grains approximately 1-2 mm diameter were seen in all faces.
Initial Analytical procedure: Au-GRA21, 30g Fire Assay, gravimetric finish (ALS Chemex, North Vancouver, BC). Check assay procedure: Au-SCR21, 1,000g Screen Metallics Gold, Double Minus. (ALS Chemex, North Vancouver, BC)
Sampled by: P.E. Michael Becherer, P.Geo
Conversion Factors: 1 ppm = 1 gram per (metric) tonne
1 gram per (metric) tonne = 0.02917 troy ounces per (short) ton
1 ounce per (short) ton = 34.286 grams per (metric) tonne

Approximately 200 tonnes of mineralized vein material have been mined to date, plus approximately 500 tonnes of unstable near-surface waste material were removed to establish the portal. Bulk sampling costs incurred to date by Bitterroot and Mineral Creek Ventures are approximately C$140,000. Bulk sampling activities have been temporarily suspended due to the onset of winter weather and are expected to resume in the spring of 2008. A test-milling gravity circuit is currently being designed and equipment is being sourced. On-site milling of material from the Lower Linda vein is currently planned to commence in mid-2008.

Mineral Creek Ventures Inc. has received all permits to allow extraction of a 5,000-tonne bulk sample from the Linda veins. Bitterroot and Mineral Creek will share the costs and proceeds from the first 2,500 tonnes mined on a 50/50 basis, with the costs and proceeds of the next 2,500 tonnes shared on a 55% Bitterroot/45% Mineral Creek basis. In addition, drilling of other structurally-controlled gold targets on the 60 square-kilometre Mineral Creek property is planned to resume in the spring of 2008. Mineral Creek Ventures is the operator of the bulk sampling and drilling programs on the Mineral Creek property.

Mr. P.E. Michael Becherer, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

File: http://www.bitterrootresources.com/i/pdf/NR20080206.p…


http://www.bitterrootresources.com/s/NewsReleases.asp?Report…

[jensdab]

Aus dem kanadischen bullboard;

I spoke to Michael S. Carr just a minute ago. I asked him why they do not release NR's on SH. They never have and may think about it. Does not matter to me.

He said he has meetings with large investor firms to get the story
out BIGTIME tommorrow!
The show in Toronto next week that he will be attending.

Lots of gold in dem der hills!




0,36 Canad. Dollar = 0,246 Euro

Bin mal gespannt, ob es da heute Umsätze gibt und ob das überhaupt jemand mitbekommt.

[bmh]

Antwort auf Beitrag Nr.: 33.304.345 von jensdab am 08.02.08 02:05:08

habe die befürchtung, dass das untergeht. wird auch mal zeit, dass sich da charttechnisch was tut. drück uns die daumen ... bmh

[jensdab]

Projekte mit Grafiken u.a. auch mit Arsen - passt zu Bitterroot


http://www.bitterrootresources.com/i/pdf/GK_HornetSoilGeoche…

[jensdab]

Antwort auf Beitrag Nr.: 33.322.358 von jensdab am 10.02.08 01:04:52

BITTERROOT RESOURCES LTD.




Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]


www.bitterrootresources.com

NEWS RELEASE

February 25, 2008

C$1,400,000 FLOW-THROUGH SHARE FINANCING
Bitterroot Resources Ltd. (BTT, TSX-V) has agreed to issue 4,000,000 flow-through common shares priced at C$0.35 in a non-brokered private placement to several Canadian investors, for gross proceeds of C$1,400,000. The proceeds will be used to fund drilling and surface exploration of Bitterroot’s gold and base metals projects in British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

[jensdab]

Immerhin ist der Aktienkurs des placement über dem jetzigen Kurspreis von 0,285 C$.


BITTERROOT RESOURCES LTD.

Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com



NEWS RELEASE

March 19, 2008

C$1,783,950 FLOW-THROUGH SHARE FINANCING COMPLETED


Bitterroot Resources Ltd. (BTT, TSX-V) has closed an over-subscribed private placement of 5,097,000 flow-through common shares priced at $0.35 for gross proceeds of $1,783,950. The securities will be subject to a hold period expiring July 14, 2008. The proceeds will be used to fund drilling and surface exploration of Bitterroot’s gold and base metals projects in British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.


FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995

[Kostolanys Erbe]

http://www.bitterrootresources.com/s/FinancialStatements.asp…

interessant ab seite 15: stand der projekte und was dieses jahr geplant ist...

kosto

[Kostolanys Erbe]

http://www.goldseiten.de/content/diverses/artikel.php?storyid=6907&seite=0

http://www.goldseiten.de/content/diverses/artikel.php?storyi…

2 nette seiten...

kosto

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 33.813.098 von Kostolanys Erbe am 04.04.08 19:10:14

...interessanter artikel...

http://www.goldseiten.de/content/diverses/artikel.php?storyi…

http://www.goldseiten.de/content/diverses/artikel.php?storyi…

[Kostolanys Erbe]

Moin Leute,

bis Ende April sollen eigentlich weitere Details (Bulk samplings) aus dem Mineral Creek Projekt kommen.

http://www.bitterrootresources.com/s/NewsReleases.asp?Report…


Charttechnisch haben wir haben wir das GAP bei 0,26 CAN$geschlossen, ansonsten will im Moment keiner an der Börse Explorer bzw. Juniors kaufen.

interessanter Artikel
http://www.sprott.com/pdf/investorsdigest/digest.pdf



http://www.sprott.com/pdf/investorsdigest/digest.pdf


kosto

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 33.924.930 von Kostolanys Erbe am 19.04.08 11:24:09

aus stockhouse...

...warten auf news..aus den projekten:

GK - Dec 18, 2007 - excerpt from press release.
The 2007 GK drilling program was completed late last week and the drill has since been demobilized. Core logging, sampling and assaying are under way, and are expected to be completed in early 2008. Mr. Greig, PGeo, is the qualified person responsible for the design and implementation of exploration programs on the GK project. Analyses are being done at ALS Chemex in North Vancouver, B.C, by ICP-AES and fire assay/AA.

North Brenda - Dec 18, 2007 - excerpt from press release.
Core logging and sampling of the five North Brenda holes are expected to be completed in January, with assay results currently expected to be available in early 2008. Charles Greig, PGeo, is the qualified person responsible for the design and implementation of exploration programs on the North Brenda project. Analyses are being done at ALS Chemex in North Vancouver, B.C., by ICP-AES and fire assay/AA.

Big Southeaser - Dec 18, 2007 - excerpt from press release.
Drilling has been temporarily suspended due to the onset of winter weather and is expected to resume in the spring of 2008. Core logging, sampling and assaying are expected to be completed in early 2008. John Wilson, PGeo, is the qualified person responsible for the design and implementation of exploration programs on the Big Southeaster project. Analyses are being done at Acme Analytical Laboratories Ltd. in Vancouver, B.C., by ICP-MS and fire assay/ICP-ES.

I guess the speculation factor is that early 2008 is pretty much reaching its limitations. ;-)

While I was digging I came accross that Mineral Creek Linda veing 54 gram sample news release. People must have short memories or they just don't get it. This is where the opportuninst in me really comes in handy. These are the situations that make me the really big bucks. BTT is the place to be

[Kostolanys Erbe]

hi leute,


endlich mal höheres volumen bei steigenden Kursen!
mal sehen wie es zum handelsende ausgeht.

leider noch keine news...aber anscheinend sammeln einige billig ein..eine aktie kostet nicht mal ein brötchen und bietet so viel potential.

Kurs in CAN$:
Volume Day High/Low
0.28 +0.025 +9.80% 116,737

kosto

[Kostolanys Erbe]

hi leute,

leider immer noch keine news...

kosto

also weiter abwarten...geduld haben!!!

[Kostolanys Erbe]

nice day!!!
anscheinend warten einige auf positive news!!!

Price Change % Change Volume Day High/Low 52 Week High/Low
0.31 +0.06 +24.00% 106,000 0.31/0.26 0.74/0.225

kosto

[Kostolanys Erbe]

hallo leute,

heute aktuell leicht im plus bei höheren umsätzen..

positiv: charttechnisch die 50-tage-linie bei steigenden volumen nach oben durchschritten...keine gaps nach unten zu schliessen

[http://stockcharts.com/c-sc/sc?s=BTT.V&p=DAILY&b=5&g=0&i=0&r=3794

200 Tage-Linie ist bei 0,325 CAN-Dollar...wenn die erstmal gepackt wird, dann haben wir ein dickes kaufsignal!!!

wichtig das erstmal die 0,30 Marke als Unterstützung hält...

denke, das einige vor den news einsteigen bzw. vielleicht schon etwas wissen...bzw. positives ahnen....

kurs aktuell:
Price Change % Change Volume Day High/Low 52 Week High/Low
0.315 +0.005 +1.61% 184,000 0.32/0.3 0.73/0.225


Bid
0.3 Ask
0.315

Bid Size
64,000 Ask Size
175,000

ask seite sehr hoch

Market Cap (Mil)
16.70
Share Out (mil)
53.03

http://www.bitterrootresources.com/s/Home.asp

kosto

[Kostolanys Erbe]

hallo leute,

heute 11% im Plus und über der 200 Tage-Linie!!!
klares Kaufsignal wenn wir darüber bleiben!!!!


http://stockcharts.com/h-sc/ui?s=btt.v


Price Change % Change Volume Day High/Low 52 Week High/Low
0.35 +0.035 +11.11% 69,000 0.35/0.305 0.73/0.225


Last Traded:
5/20/08 15:40 EST Transaction Volume
4,500

Open
0.305 Prev. Close
0.315

Bid
0.305 Ask
0.35

Bid Size
6,500 Ask Size
8,500

Market Cap (Mil)
18.56 Share Out (mil)
53.03

Industry:
BASIC MATERIALS - METALS & MINING


kosto

[jensdab]

Antwort auf Beitrag Nr.: 34.137.908 von Kostolanys Erbe am 20.05.08 22:13:21

Doch noch jemand an Bord!

Wird Zeit, dass sich da endlich mal was bewegt.



Es gibt News:

BITTERROOT RESOURCES LTD.

Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com


NEWS RELEASE
May 21, 2008

MICHIGAN EXPLORATION PERMITS APPROVED

Bitterroot Resources Ltd. (BTT, TSX-V) and its wholly-owned Michigan subsidiary Trans Superior Resources, Inc. (Trans Superior) have been notified that USDA Forest Service is in the process of issuing permits allowing the resumption of Trans Superior’s mineral exploration programs in Gogebic County, Michigan.
Trans Superior plans to resume geophysical surveys in early June, followed by core drilling. This work is being funded by a US subsidiary of Cameco Corporation under an option/joint venture arrangement. Several recent meetings held with representatives of Gogebic County and neighbouring Ontonagon County confirmed that mineral exploration enjoys strong local support.

ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

[Kostolanys Erbe]

danke jensdab,

wollte auch gerade die news posten....

...hatte aber mit anderen news gerechnet...und zwar auf diese u.g.
kopiere sie hier noch mal rein:

GK - Dec 18, 2007 - excerpt from press release.
The 2007 GK drilling program was completed late last week and the drill has since been demobilized. Core logging, sampling and assaying are under way, and are expected to be completed in early 2008. Mr. Greig, PGeo, is the qualified person responsible for the design and implementation of exploration programs on the GK project. Analyses are being done at ALS Chemex in North Vancouver, B.C, by ICP-AES and fire assay/AA.

North Brenda - Dec 18, 2007 - excerpt from press release.
Core logging and sampling of the five North Brenda holes are expected to be completed in January, with assay results currently expected to be available in early 2008. Charles Greig, PGeo, is the qualified person responsible for the design and implementation of exploration programs on the North Brenda project. Analyses are being done at ALS Chemex in North Vancouver, B.C., by ICP-AES and fire assay/AA.

Big Southeaser - Dec 18, 2007 - excerpt from press release.
Drilling has been temporarily suspended due to the onset of winter weather and is expected to resume in the spring of 2008. Core logging, sampling and assaying are expected to be completed in early 2008. John Wilson, PGeo, is the qualified person responsible for the design and implementation of exploration programs on the Big Southeaster project. Analyses are being done at Acme Analytical Laboratories Ltd. in Vancouver, B.C., by ICP-MS and fire assay/ICP-ES.


d.h. weiter warten...auf hoffentlich weiter gute bohrergebnisse. wie im februar:
Wed Feb 6, 2008
Underground Sampling Returns Bonanza Gold Grades Mineral Creek Project, BC

Bitterroot Resources Ltd.'s (BTT, TSX-Venture Exchange) joint venture partner, Mineral Creek Ventures Inc. has extracted approximately 200 tonnes of gold-mineralized vein from an adit driven on the Lower Linda vein. Five chip samples collected from underground faces across the mineralized vein returned assays ranging from 0.86 oz Au/ton up to 52.4 oz Au/ton.

ja leute OZ!!!!

Results of the chip sampling have confirmed that the Lower Linda Vein hosts extremely high grades of coarse native gold. Previous core drilling has identified high grade gold mineralization in the Lower Linda vein along a strike length of 270 metres and 40 metres down-dip. The Lower Linda vein system presents a unique opportunity for Bitterroot and Mineral Creek Ventures to develop a low-capital cost, low-impact gold mine with the potential to generate extremely attractive economic returns. The Lower Linda vein is part of a series of gold-bearing veins which are present in the Linda area. There is excellent potential to expand the dimensions of the Lower Linda vein and define additional high-grade veins which have previously returned high gold grades in drill core (see attached map).



aktueller kurs:
Price Change % Change Volume Day High/Low 52 Week High/Low
0.315 +0.01 +3.28% 165,000 0.315/0.305 0.73/0.225


Last Traded:
5/22/08 09:48 EST Transaction Volume
100,000

Open
0.305 Prev. Close
0.305

Bid
0.315 Ask
0.33


positiv stimmt mich, das wir bei fallenden kurse dünne umsätze sehen (z.B. gestern nur 28 K) und heute bei steigenden kursen grosse umsätze sehen wenn da nicht einer mehr weiss...
mal sehen wie wir heute abend schliessen.


kosto

[jensdab]

Antwort auf Beitrag Nr.: 34.153.241 von Kostolanys Erbe am 22.05.08 18:06:54

Hallo Kosto,

sieht nach einem Ausbruch aus mit SK auf Tageshoch, gutes Zeichen.

21.31 % Anstieg auf 0,37 mit ordentlichem Volumen und großem Kaufinteresse. Kauf - Verk. Verhältnis: 179000 : 46000

Vielleicht gibt das die entscheidende Wende, obwohl ich da noch etwas skeptisch bin, wenn man sich die Performance anschaut.

Hoffen kann man ja....

[Fritz77]

Hallo
Da gibt es doch noch eine News.

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com
NEWS RELEASE
May 22, 2008
MANITOBA QUARRY (COAL) EXPLORATION
PERMIT APPLICATIONS SUBMITTED
Bitterroot Resources Ltd. (BTT, TSX-V) has submitted Quarry (Coal) Exploration Permit
applications to the Mines Branch of the Province of Manitoba’s Department of Science,
Technology, Energy and Mines. These applications cover 14,700 hectares (approximately
55 square miles) of road or railroad-accessible lands hosting Lower Cretaceous coalbearing strata of the Mannville Group, or the Swan River Group, as it is named in
Manitoba (see attached map).
Goldsource Mines Inc.’s recent Border coal discovery in eastern Saskatchewan occurs in
Mannville Group sedimentary rocks, which also host coal and coal bed methane deposits
throughout western Canada. The Mannville Group is equivalent to the Lower Cretaceous
Luscar Group, which hosts large deposits of thermal and metallurgical coal in the Rocky
Mountain foothills. Goldsource’s Border coal discovery is extremely significant, as it
contains the thickest (+22 metres) coal seams yet reported in the Mannville Group, at
shallow (surface mine) depths.
The locations of Bitterroot’s Manitoba Quarry (Coal) Exploration Permit applications
were selected to coincide with:
•mapped subcrop of Mannville or Swan River Group sediments
•structurally-controlled sub-basin development
•road or railroad access
The Mines Branch of the Province of Manitoba’s Department of Science, Technology,
Energy and Mines has posted the location of Bitterroot’s Quarry Exploration Permit
applications on its website. The applications are currently being processed, with
completion expected in approximately 12 weeks. There are no assurances that all of the
applications will be granted. Bitterroot’s management believes that the majority of the
lands it has applied for will be available for coal exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of the contents of this news release.

Gruß Fritz

[Kostolanys Erbe]

hallo jensdab,

heute wirklich schön auf tageshoch geschlossen.

wenn eine aktie zu steil nach oben geht, dann werden natürlich auch schnell mal gewinne mitgenommen.
schön über der 200 Tage-Linie geschlossen...klares kaufsignal!! wie du schon sagtest! könnte ruhig noch mehr volumen sein.
charttechnisch ist bitterroot noch nicht überkauft.also noch luft nach oben....nur die 0,40 marke ist charttechnisch erstmal zu nehmen...vielleicht mit guten news ...frage mich wenn sie endlich die bohrergebnisse melden.




so ist hathor nach den news gelaufen...


anbei ein gedanke eines users aus stockhouse:

Considering the problems U308 juniors are having in Labrador and Newfoundland, plus now NIMBY protests in southwest US states - permit and good will is really great news. The US is looking for homeland energy opportunities. The jv with Cameco tells me if they find anything worthwhile a takeover would just be a matter of time

Trans Superior plans to resume geophysical surveys in early June, followed by core drilling. This work is being financed by a United States subsidiary of Cameco Corp. under an option/joint venture arrangement. Several recent meetings held with representatives of Gogebic county and neighbouring Ontonagon county confirmed that mineral exploration enjoys strong local support.

We seek Safe Harbor.

kosto

[Kostolanys Erbe]

hi jensdab,

nur noch eine kurze anmerkung zu hathor: die haben natürlich wirklich geniale bohrergebnisse auf uran geliefert.

solche daten wird bitterroot sicherlich nicht melden (da bin ich realist und bleibe auf dem teppich), aber wenn sie bei den nächsten bohrungen in michigan etwas vernünftige gehalte von uran melden + die anderen projekte ...dann ist die aktuelle bewertung mit knapp 20 mio Can$ .....

kosto

[jensdab]

Die haben u.a. Kohle gefunden und bei den Energiepreisen können wir aus der Kohle vielleicht auch Kohle machen?


Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com



NEWS RELEASE

May 22, 2008
MANITOBA QUARRY (COAL) EXPLORATION
PERMIT APPLICATIONS SUBMITTED

Bitterroot Resources Ltd. (BTT, TSX-V) has submitted Quarry (Coal) Exploration Permit
applications to the Mines Branch of the Province of Manitoba’s Department of Science,
Technology, Energy and Mines. These applications cover 14,700 hectares (approximately
55 square miles) of road or railroad-accessible lands hosting Lower Cretaceous coalbearing
strata of the Mannville Group, or the Swan River Group, as it is named in
Manitoba (see attached map).
Goldsource Mines Inc.’s recent Border coal discovery in eastern Saskatchewan occurs in
Mannville Group sedimentary rocks, which also host coal and coal bed methane deposits
throughout western Canada. The Mannville Group is equivalent to the Lower Cretaceous
Luscar Group, which hosts large deposits of thermal and metallurgical coal in the Rocky
Mountain foothills. Goldsource’s Border coal discovery is extremely significant, as it
contains the thickest (+22 metres) coal seams yet reported in the Mannville Group, at
shallow (surface mine) depths.
The locations of Bitterroot’s Manitoba Quarry (Coal) Exploration Permit applications
were selected to coincide with:
• mapped subcrop of Mannville or Swan River Group sediments
• structurally-controlled sub-basin development
• road or railroad access
The Mines Branch of the Province of Manitoba’s Department of Science, Technology,
Energy and Mines has posted the location of Bitterroot’s Quarry Exploration Permit
applications on its website. The applications are currently being processed, with
completion expected in approximately 12 weeks. There are no assurances that all of the
applications will be granted. Bitterroot’s management believes that the majority of the
lands it has applied for will be available for coal exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of the contents of this news release.


Unter diesem link kann man die PDF Datei herunterladen u.a. mit farbigen Karten etc.

Einfach auf den Download clicken, dann öffnet sich die Datei.

Ist übrigens sehr praktisch diese Möglichkeit, solche Dateien als link umzuwandeln. Man muss die Datei aber erst vorher auf seinem computer speichern.


http://www.datafilehost.com

Bitterroot NEWS PDF DATEI:

http://www.datafilehost.com/download-5e6aced7.html

Ich bin im Verteiler, deshalb bekomme ich die Datei per email zugeschickt.

[Kostolanys Erbe]

hier die übersetzung:

Bitterroot Resources Ltd. (BTT, TSX-V) hat Steinbruch (Kohle) Erforschungserlaubnis-Anträge zum Gruben-Zweig der Provinz von Manitoba \'s Abteilung von Wissenschaft, Technologie, Energie und Gruben eingereicht. Diese Anwendungen bedecken 14.700 Hektare (etwa 55 Quadratmeilen) der Straße oder für die Gleise zugänglichen Länder, die Tiefer Kohle tragende Kreideschichten der Mannville Gruppe, oder der Schwan-Flussgruppe veranstalten, weil es in Manitoba genannt wird (sieh beigefügte Karte). Die \'s neue Grenzkohlenentdeckung Inc. von Gruben von Goldsource in östlichem Saskatchewan kommt in Mannville Gruppensedimentgesteinen vor, die auch Kohlen- und Kohlenbettmethan-Ablagerungen überall im westlichen Kanada veranstalten. Die Mannville Gruppe ist zur Niedrigeren Luscar Kreidegruppe gleichwertig, die große Ablagerungen von thermischer und metallurgischer Kohle in den Felsigen Bergvorgebirgen veranstaltet. Goldsource \'s Grenzkohlenentdeckung ist äußerst bedeutend, weil es die dicksten (+22-meter-)-Kohlenflöze enthält, noch berichtete in der Mannville Gruppe, an seicht (meinige Oberfläche) Tiefen. Die Positionen von Bitterroot \'s Manitoba Steinbruch (Kohle) Erforschungserlaubnis-Anwendungen wurden ausgewählt, um zusammenzufallen, mit: Das kartografisch dargestellte Subgetreide von Mannville- oder Schwan-Flussgruppenbodensätzen strukturell kontrollierte Subwaschschüssel-Entwicklungsstraße oder Gleise greifen Auf den Gruben-Zweig der Provinz von Manitoba \'s Abteilung von Wissenschaft, Technologie, Energie und Gruben zu, hat die Position von Bitterroot \'s Steinbruch-Erforschungserlaubnis-Anwendungen auf seiner Website angeschlagen. Die Anwendungen werden zurzeit mit der in etwa 12 Wochen erwarteten Vollziehung bearbeitet. Es gibt keine Versicherungen, dass alle Anwendungen gewährt werden. Bitterroot \'s Management glaubt, dass die Mehrheit der Länder, darum es sich beworben hat, für die Kohlenerforschung verfügbar sein wird.


kosto

[jensdab]

Antwort auf Beitrag Nr.: 34.155.471 von jensdab am 22.05.08 23:31:16

Noch mal der Versuch mit dem link für die PDF Datei der NEWS von Bitterroot. Habe irrtümlich den link gelöscht.

Bitte um Antwort, ob der link funktioniert hat. Hoffe, das es diesmal klappt.

http://www.datafilehost.com/download-091db35f.html

[Kostolanys Erbe]

hi leute,

heute schönes volumen bei steigenden kursen

wieviel ist eigentlich die kohle in kohle $$$ wert?

wenn man die anderen projekte dazu zählt und hoffentlich bald bohrresultate liefert

Michigan -

GK -

North Brenda -

Big Southeaser -

und nun noch coal dazu,

dann ist die aktuelle bewertung von btt (20 mio CAN$) sehr günstig!!!


kost

[Kostolanys Erbe]

hi leute,

anbei noch mal ältere news...
quelle:
http://www.squidoo.com/junior-gold-mining-stocks


und auf die weiteren bohrergebnisse...die jederzeit gemeldet werden..bin ich ganz gespannt !!!

Bitterroot Resources - Bonanza Grade Gold
February 7, 2007
Bitterroot Resources Ltd.'s (BTT, TSX-Venture Exchange = BTT.V) and their joint venture partner, Mineral Creek Ventures Inc. has extracted approximately 200 tonnes of gold-mineralized vein from an adit driven on the Lower Linda vein.

Five chip samples collected from underground faces across the mineralized vein returned assays ranging from 0.86 oz Au/ton up to 52.4 oz Au/ton ~ yes folks that's ounces not grams!



Results of the chip sampling have confirmed that the Lower Linda Vein hosts extremely high grades of coarse native gold.

Previous core drilling has identified high grade gold mineralization in the Lower Linda vein along a strike length of 270 metres and 40 metres down-dip.

The Lower Linda vein system presents a unique opportunity for Bitterroot and Mineral Creek Ventures to develop a low-capital cost, low-impact gold mine with the potential to generate extremely attractive economic returns.

The Lower Linda vein is part of a series of gold-bearing veins which are present in the Linda area. There is excellent potential to expand the dimensions of the Lower Linda vein and define additional high-grade veins which have previously returned high gold grades in drill core.

Bitterroot Resources

This looks to be a significant discovery!

Bitterroot also has a joint venture with Cameco for Uranium exploration.


kosto

[Kostolanys Erbe]

nur noch mal zur info:
denke das weiss jeder der investiert ist...

1 ounce = 1/16 pound = 16 dram = 437,5 grains = 28,349523125 Gramm

Five chip samples collected from underground faces across the mineralized vein returned assays ranging from 0.86 oz Au/ton up to 52.4 oz Au/ton ~ yes folks that's ounces not grams!

kosto

[Kostolanys Erbe]

hallo leute,

heute aktuell gewinnmitnahmen nach dem schönen anstieg.

habe ich auch erwartet, jedoch für mich bleibt im moment das momentum dieser story im vordergrund und nach dem kaufsignal bleibe ich investiert, egal ob die aktie jetzt mal 10-20% minus macht.
denke, das wir auch in den nächsten tagen noch das gap bei 0,37 can$ schliessen werden, ausser es kommen noch weitere news zu den projekten und dann wäre es fatal nicht investiert zu sein wegen einer normalen korrektur nach diesem anstieg.

charttechnisch wäre es optimal, wenn wir das gap bei 0,37 schliessen und evtl. die unterstützung bei 0,35 can$ testen.
wichtig ist, das wir über der 200 tage-linie (0,325 can$) bleiben!




kosto

[Kostolanys Erbe]

http://www.24hgold.com/viewarticle.aspx?langue=en&articleid=…

kosto

[Kostolanys Erbe]

hi leute,

so habe ich mir das vorgestellt.


Price Change % Change Volume Day High/Low 52 Week High/Low
0.40 UNCH 0.00% 48,500 0.4/0.365 0.73/0.225

Last Traded:
5/29/08 15:50

bitterroot hat heute bei geringen umsätzen nach unten korrigiert und heute schön das GAP bei 0,37 can$ geschlossen und dann noch schön mit 0,40can$ aus dem Handel gegangen charttechnisch perfekt!!!


http://stockcharts.com/h-sc/ui?s=btt.v




hoffe, die 0,40can$ halten als unterstützung bis weitere gute news kommen...

kosto

[jensdab]

Antwort auf Beitrag Nr.: 34.181.877 von Kostolanys Erbe am 27.05.08 18:59:49

Da passen ja auch die News noch gut dazu.

Soeben per email bekommen.


NEWS RELEASE

May 29, 2008

MOLYBDENUM / COPPER MINERALIZATION
NORTH BRENDA PROJECT, B.C.

Bitterroot Resources Ltd. (BTT, TSX-V) has received the results of its initial drill test of
the North Brenda molybdenum/copper property, located 30 kilometres west of Westbank,
B.C. The 44 square-kilometre North Brenda property is located immediately north of the
Brenda Mine (177 million tonnes grading 0. 043% Mo and 0. 169% Cu), which operated
from 1970 to 1990.
Five diamond drill holes, totaling 1,397 metres, were completed in late 2007 to test
molybdenum and copper-in-soil geochemical anomalies coincident with Induced
Polarization chargeability anomalies. The anomalies occur north-northeast of the Brenda
open pit, along the previously documented Brenda mineralized trend (see attached
figures). Outcrops in the vicinity of the drill sites are mineralized with molybdenite and
chalcopyrite-bearing vein and fracture-controlled mineralization typical of that occurring
at the Brenda mine.
Hole
Number
From
(m)
To
(m)
Length
(m)
Cu
(%)
Mo
(%)
NB07-11 1.5 299.0 297.5 .058 .019
includes 120.0 260.0 140.0 .066 .026
includes 126.0 138.0 12.0 .165 .157
NB07-12 164.0 208.0 44.0 .059 .043
includes 192.0 200.0 8.0 .115 .201
NB07-13 1.0 306.3 305.3 .058 .012
includes 120.00 146.0 26.0 .061 .041
and 284.0 306.3 22.3 .123 .007
NB07-14 104.0 132.0 28.0 .049 .004
NB07-15 224.0 272.0 48.0 .064 .008
includes 234.0 252.0 18.0 .100 .008
Holes 11, 12 and 13 were drilled from a single setup located approximately 800m NNE
of the Brenda Mine open pit. All three holes were mineralized from top to bottom with
millimetre to centimetre-scale, molybdenum and copper-bearing veins emplaced into
what is inferred to be a continuation of the granitic intrusive body which hosts the Brenda
deposit. The tenor and orientation of the mineralization intersected in these 3 holes is
similar to that found in the Brenda ore body.
Drill holes 14 and 15 were drilled from a drill site located approximately 1300m NNE of
the first setup, in an area of with known molybdenum and copper-bearing veins in the
favourable granitic rocks (see attached figures). Both holes were weakly mineralized
throughout. The holes intersected an average of 2 to 3 veins per metre, but several
narrower sections, which averaged up to 5 veins per metre, yielded somewhat better
intersections, such as the 48.0m interval in hole 15 which averaged .064% Cu, .008%
Mo.
These initial drill results bode well for the discovery of additional mineralization
within a 1.5 kilometre-long trend defined by highly anomalous molybdenum and
copper-in-soil geochemistry and IP chargeability anomalies which are coincident
with the strongest soil geochemical values. Additional IP surveys and soil sampling
are planned for the upcoming 2008 summer field season. Drilling is currently
expected to resume in late 2008.
Reconnaissance soil sampling in 2007 has identified four other areas with anomalous
gold-in-soil on the northern part North Brenda property. These road-accessible targets
will also be followed up in the 2008 field season.
Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and
implementation of exploration programs on the North Brenda project. Analyses were
done at ALS Chemex in North Vancouver, BC, by ICP-AES and fire assay/AA.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or
anticipated future events and/or financial results that are forward-looking in nature and as a result, are
subject to certain risks and uncertainties, such as general economic, market and business conditions,
regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties
resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s
ability to execute and implement its future plans. Actual results may differ materially from those projected
by management. For such statements, we claim the safe harbour for forward-looking statements within the
meaning of the Private Securities Legislation Reform Act of 1995.



Kompletter Artikel mit Kartenmaterial:



http://www.datafilehost.com/download-12fc9907.html

[Kostolanys Erbe]

hallo leute,

aktuell weitere konsolidierung bei "winzigen" umsätzen von
11.200 Stck!!!
charttechnisch noch alles positiv. aktuell bei 0,35 can$ und somit weiter über der 200 Tage-Linie.

http://stockcharts.com/h-sc/ui?s=btt.v

Price Change % Change Volume Day High/Low 52 Week High/Low
0.35 -0.02 -5.41% 11,200 0.355/0.345 0.73/0.225


Last Traded:
6/2/08 13:49 EST Transaction Volume
6,000

Open
0.345 Prev. Close
0.37

Bid
0.35
Ask
0.395

Bid Size
4,000
Ask Size
10,500

Market Cap (Mil)
18.56 Share Out (mil)
53.03

kosto

mal sehen wie wir heute abend aus dem handel gehen....#

[Kostolanys Erbe]

neue news:

Tue Jun 3, 2008
Underground Bulk Sample And Surface Drilling Resumes At Mineral Creek, BC Gold Project

--------------------------------------------------------------------------------

Bitterroot Resources Ltd.'s (BTT, TSX-V) partner, Mineral Creek Ventures Inc. has resumed underground and surface exploration on the Mineral Creek gold property near Port Alberni, B.C. The Mineral Creek property hosts numerous high-grade gold-bearing vein occurrences. The most advanced of these targets is the Lower Linda quartz-carbonate vein, which hosts bonanza-grade gold mineralization (1,165 grams Au/tonne or 34.0 ounces Au/ton over a sample length of 1.60 metres, see BTT news release dated February 6, 2008). The Lower Linda vein is open along strike and down-dip. Mineral Creek Ventures Inc. has received permits to extract a 5,000 tonne bulk sample from the Linda veins. Prior to the onset of winter conditions in late 2007, Mineral Creek had mined approximately 200 tonnes of mineralized rock from the Lower Linda vein. Mining and processing by gravity-based gold recovery methods will commence in June. The Lower Linda vein system presents a unique opportunity for Bitterroot Resources Ltd. and Mineral Creek Ventures Inc. to develop a low-capital cost, low-impact gold mine which has the potential to generate extremely attractive economic returns.

Elsewhere on the Mineral Creek property, mobilization of surface diamond drilling equipment to test the Gap Zone has been initiated. The Gap Zone is part of the Mineral Creek fault system, which hosts a number of gold-mineralized quartz-carbonate veins. The Gap Zone has not been tested by drilling, despite its proximity to the Linda and Mineral Creek zones. In 2008, Bitterroot and Mineral Creek plan to complete over 4,000 metres of core drilling on the Gap Zone and several other gold-mineralized targets. Drilling will also test for extensions of the high-grade Lower Linda vein.

Mr. Michael Becherer, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

kosto

[Kostolanys Erbe]

und hier die übersetzung:

Bitterroot-Mittel Ltd. \'s (BTT, TSX-V) Partner, hat Mineral Creek Ventures Inc unterirdische und Oberflächenerforschung auf dem Mineralbach-Goldeigentum naher Hafen Alberni, B.C fortgesetzt. Das Mineralbach-Eigentum veranstaltet zahlreiche hochwertige Gold tragende Ader-Ereignisse. Die fortgeschrittensten von diesen Zielen sind die Niedrigere Quarzkarbonat-Ader von Linda, die Gold des sehr einträglichen Ranges mineralization veranstaltet (1.165-Gramm-Au/tonne oder 34.0-Unze-Au/ton über eine Beispiellänge von 1.60 Metern, sieh BTT am 6. Februar 2008 datierte Pressemitteilung). Die Niedrigere Ader von Linda ist entlang dem Schlag und unten-kurzen-Bad offen. Mineral Creek Ventures Inc hat Erlaubnisse erhalten, eine 5.000-Tonne-Hauptteil-Probe aus den Adern von Linda herauszuziehen. Vor dem Anfall von Winterbedingungen gegen Ende 2007 hatte Mineralbach etwa 200 Tonnen des Mineralized-Felsens von der Niedrigeren Ader von Linda abgebaut. Bergbau und Verarbeitung durch auf den Ernst gegründete Goldwiederherstellungsmethoden werden im Juni anfangen. Das Niedrigere Ader-System von Linda präsentiert eine einzigartige Gelegenheit für Bitterroot Resources Ltd and Mineral Creek Ventures Inc, um Niedrig-Kapitalkosten, Goldgrube des niedrigen Einflusses zu entwickeln, die das Potenzial hat, um äußerst attraktiven Wirtschaftsumsatz zu erzeugen. Anderswohin auf dem Mineralbach-Eigentum ist die Mobilmachung der Oberflächendiamantbohranlage, um die Lücke-Zone zu prüfen, begonnen worden. Die Lücke-Zone ist ein Teil des Mineralbach-Schuld-Systems, das mehrere Gold-Mineralized-Quarzkarbonat-Adern veranstaltet. Die Lücke-Zone ist nicht geprüft worden, trotz seiner Nähe der Linda und Mineralbach-Zonen bohrend. 2008 planen Bitterroot und Mineralbach, mehr als 4.000 Meter des Kernbohrens auf der Lücke-Zone und mehreren anderen Gold-Mineralized-Zielen zu vollenden. Das Bohren wird auch für Verlängerungen der hochwertigen Niedrigeren Ader von Linda prüfen.


kosto

[Kostolanys Erbe]

hallo leute,

Price Change % Change Volume Day High/Low 52 Week High/Low
0.395 +0.01 +2.60% 40,220 0.395/0.37 0.73/0.225

heute positiv bei geringen umsätzen geschlossen.

haben schön schnell das zweite "gap" geschlossen! charttechnisch alles weiter positiv! wie im vorwege beschrieben scheint die 0,40 marke doch momentan ein grösserer widerstand zu sein...als unterstützung dient die 0,35 marke ...vielleicht laufen wir in dieser bandbreite erstmal seitwärts bis news kommen...

http://stockcharts.com/h-sc/ui?s=btt.v

kosto

ps: aus dem stockhouseboard:
Nice to see some of the old "faces" still here.

Thanks for all the great posts, I won´t mention names in case I leave out someone, really good stuff.

I just talked to Michael, and the permits for the Michigan drilling were signed yesterday, and drilling to start in August.

Nice to see all that gold at Mineral Creek, that should make us some good money and negate the necessity of more financings, and hence dilution.

Anyway, before we get to August, we should see our share price move up nicely again, if history is a guide.

Good luck to all.

[Kostolanys Erbe]

hi leute,

Price Change % Change Volume Day High/Low 52 Week High/Low
0.385 -0.01 -2.53% 245,667 0.43/0.35 0.73/0.225

heute ordentliche umsätze bei btt. leider bei diesem umsätzen leicht im minus geschlossen. schwankungsbreite zwischen 0,35 und 0,43 can$.

ausbruchsversuch über die 0,40 marke leider gescheitert..vorerst.

schönes weekend.

kosto

[Kostolanys Erbe]

hallo leute,

noch ein kleiner nachtrag:

Mon Jun 9, 2008
Options Granted

Under the terms of its Stock Option Plan, Bitterroot Resources Ltd. has granted, effective June 9, 2008, incentive stock options to acquire 60,000 common shares at $0.40 per share, expiring June 8, 2013.

ON BEHALF OF THE BOARD OF DIRECTORS


Michael S. Carr
Director


aktuell nicht viel los:

0.40 +0.005 +1.27% 5,000 0.4/0.4 0.65/0.225


Last Traded:
6/11/08 09:40 EST Transaction Volume
5,000

Open
0.4 Prev. Close
0.395

Bid
0.38 Ask
0.425

Bid Size
1,000
Ask Size
5,000

Market Cap (Mil)
21.21 Shares Out (mil)
53.03

kosto

[jensdab]

Hab ich bei Stockhouse gefunden.

Vielleicht ist das der Grund für den enormen Anstieg wegen diesem Bericht:



Been in the bush the last little while, a man still has to work, but I have been paying close attention and, well, it sure has been a crazy. I knew this discovery was for real, but I never anticipated anything like this. I don’t anyone really did. I’ll go into this in more detail later, but this coal discovery in Saskatchewan could be as big, or bigger, than the diamond discovery in Northwest Territories.


As far as the companies involved, the market, like nature, is efficient at thinning out the herd and leaving only the ones that deserve to survive.


Everyone and anyone has staked in the province. Let me tell you, it’s almost goofy. Well over a million hectares (2.47 million acres) has been snapped up by various companies. When you look at a staking map its hard not to mistake it for the maps of the NWT (Northwest Territories) after the diamond discovery. They are staking EVERYTHING from the Manitoba border all the way to Prince Albert. I’ve got a feeling it’ll continue.


Coalpoke Hudson Bay Discovery Round-Up, In Order of Value


GXS

$13.00...do you really need to say anything more? But it could still go higher, a lot higher, here’s why.


The release they put out today should be read once, then again more slowly, then a third time to take notes. Here are the things that should slap you square in the face. First and foremost, these are conceptual estimates. Nothing is certain, know that from the beginning, but they drilling in a 17 x 9 km area with follow up drilling, extrapolation distance from these holes is as far as 3.6 km, and they are are calculating a resource estimate of 2.0 to 4.0 billion tonnes of coal (conceptual). To put it in perspective, if there is 4.0 billion tonnes of coal in the ground this thing is world over 500 billion dollars. This is why it is as big, or bigger, than the diamonds in NWT. And with only 17 million shares out (I think 18.5 million after their financing) even after a stock split this thing could go to a much higher price than it already has. Do the math, what is a $500 billion asset worth divided by 18 million shares? A lot more than just $13 dollars a share. This thing is scary and not just great for the market players, great for Canada.


I’ve never changed my tune on this one, you don’t get winners like this one very often.


SMI

Saturn Minerals is my new number 2. I’m still a fan of WGF, but SMI, I feel, just has a few more things going for it than WGF does. First off, the company has produced an update for its shareholders that is exceptional, it outlines what they have done and gives some fact about the coal industry. Any company that takes the time to send its shareholders something like that has to be professional. They finally put out a map on their website which give an approximate idea of where they have been staking and, as they stated, they are adjacent and surrounding Goldsource. But I still think they have the 3rd best land position after WGF, why they are my number 2 is because of share structure and the behaviour of their management. First off, Saturn has the smallest dilution (after SWR) of all the coal area players with only 34 million shares out. More value for each share you buy. Second, I just really like the way this company carries itself. They aren’t so showy but don’t lack exposure either, management keeps very quiet until they are sure of what they have to say and treat every phone call well. They are the first ones to update a coal page on their website laying out exactly what they have done and what they are waiting for. This is a company, I feel, that will behave the same why in exploration (ie. Actually doing the job right). So, SMI is my new number two, and I have added to my position in the company accordingly.


WGF

WGF has the best land position. Don’t make that mistake. And even though they are my number 3, it’s still a close race between them and SMI for that spot. It’s just the share structure here that bothers me. They are almost at 70 million fully diluted, and if they raise a bunch more cash, that number will be close to 80 million. That’s getting too close to rollback territory (where I have been before more than once, and trust me, it isn’t fun). Second, they seem a little too promotional for my tastes. But I’m an old gaffer who doesn’t like any sales pitch so maybe I’m just sour. All that being said, WGF has one hell of a land position to the discovery. Their management seems competent and they are already in Saskatchewan which counts for something. Truth be known, if this basin grows to what some old timers are predicting it to be, GXS, SMI, and WGF will all probably have some coal on their ground. This thing is that big.


SWR

I know, it’s pretty much the same company as SMI, but I think what makes this thing so great is also whats making it so disappointing. There are no shares for sale, only 4 million or so in their float. This is great if you have it a good price, but it only takes a few sellers and this thing can move quickly downwards. I’m being picky I know, SWR has winner written all over it because of its structure, but I think when some of that escrow stock comes free we’ll see more liquidity in the stock and a steadier price chart. The one thing that SWR does have is a certain member of their board who runs a private drill company in the Yukon with over 50 drill rigs. I don’t think SWR, or SMI, will have trouble finding a drill for Saskatchewan.


BTT

BitterRoot is a good company. They have good ground in Manitoba, a good exploration staff, a good ability to run programs, and a legitimate shot at another discovery in the area. They just don’t have the message in the market. This is a good and bad thing. Good because they have the potential to be a GXS and hit everybody blindside with a discovery hole, bad because its painful for longtime shareholders who are already long. This is still a winner, but the question is when. It’s just too bad the word Saskatchewan gets more air than Manitoba, it really only is about 10 km away, but that’s market perception for you.


NAG

Well, what can I say. Halting the stock for comfort letters was, I felt, the last straw. I know, I know, this Adamas joint venture thing they have going is great and all, but I get the feeling again and again that this management is only concerned about saying coal, never actually touching it. I’m not selling, they’re still a lot better than the other weasels that have popped up in the area that I won’t even include in my round-up, but they are definitely giving me the impression that they are more interested in promoting and less in exploring. I’m thinking the best thing for NAG to do is option off that million acres have staked and let other companies do the work for them


Summary

This coal discovery is for real and bigger than anyone expected. If GXS runs to the moon, each one int he area is going to be a star. 4.0 billion tonnes.


GXS – No explanation really needed at this point. Follow-up drilling will determine if this thing will let the longtime shareholders retire this year or not. One hell of a story for the grand kids. A winner in a league of its own.

SMI – My new number 2 based on share structure, land position, and management style. They have a good land position and a smaller float. A great shareholder update that made me into a bigger fan, and they have moved up.

WGF – Still the best land position, but just so many shares out gave them a little drag and let SMI BARELY nudge past them on my list. Still a good winner. To be honest, WGF and SMI are like two children, I can’t always pick which one I like best.

SWR – Great company, amazing share structure, nice board member with lots of drills, just not enough stock for liquidity. This is still could, I think, be the biggest winner when all is said and done because of that share structure, but at the time being my number 3.

BTT – Buy, hold, and forget about it. That’s all I can do when geologists are promoting their company. They have a great strategy in Manitoba and, even if the market won’t recognize that geology doesn’t stop at the border, science and share price will if they’re good move pays off and they find coal there too.

NAG – Joint Ventures and lots of noise, this company is good for that. Management quality and mine construction? I don’t care how many people you have on an advisory board, halting a stock for comfort letter news when four companies have already released them reeked of over-promotion to me. We’re not all lemming, just because you halt the stock doesn’t mean I’m chasing it.

As always, these are just my opinions, do do your own due diligence. Good Luck!




http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=BT…" target="_blank" rel="nofollow ugc noopener">http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=BT…



Last Trade: 0.52
Trade Time: 3:59PM ET
Change: Up 0.11 (26.83%)
Prev Close: 0.41
Open: 0.42
Bid: 0.52
Ask: 0.54
1y Target Est: N/A

Day's Range: 0.41 - 0.61
52wk Range: 0.23 - 0.64
Volume: 1,479,950
Avg Vol (3m): 76,209.2

[jensdab]

BROKERS NEWSLETTER

The junior miningmarket is in about as bad a shape as

we’ve seen for years.The uranium sector looks like it’s

going through somesort of death throes, gold stocks in the

main are ignoring thefact that gold still isn’t that far away

from $1000 an ounceand base metal stocks has just seen

zinc and lead losehalf their value in the last ten months or

so. It’s ugly. If itwasn’t for some potash and coal plays in

Saskatchewan, thewhole sector would be about as dead as

a doornail.

Which gets us to Goldsource Mines. It was just roughly

two weeks ago that theCoffin Brothers of the Hard Rock

Analyst did a piece onGoldsource and brought this

“Hollywood story” tothe world. Who would have thought a

little company withalmost no shares out, drilling in the

middle of nowhere inSaskatchewan for diamonds, could

create such astir...but they did. They didn’t find any diamonds,

but they foundsomething better (as no one cares

about diamonds thesedays) and that’s coal and lots of it.

They’ve only completedtwo holes so far, but what they

found at thenear-depth of 80 feet which (would give you an

unbelievable strippingratios) and huge widths of almost 30

metres, is some ratherdecent looking coal. And a company

with very littleshares outstanding, Eric Coffin tells us

today that he’samongst those that are more than a little

shocked at how quicklythis play has worked itself out. It’s

nice to see that therewas a good story out there somewhere

and I wish we had gonefor the play as well...but

there you go!

So Eric Coffin, freshfrom the past weekends Cambridge

House MiningConference inVancouver was asked again

our favoritequestion...if he could only buy or look at one

stock today, whatwould it be? Right away he decides to

gives us a hard timeby saying that he’d look at two.

One he suggests is Bitterroot Resourcesasa tag-on to the

coal discovery ofGoldsource. He suggests that Bitterroot

is run by Mike Carr,who he considers a great geologist, but

a rather terriblepromoter, but who does have coal experience.

He notes that this ison the Manitoba side of the border,

but within 10 km of Goldsource, which he suspects is

as close as you’regoing get for tag-ons to the main play.

They have three offour blocks and Eric does remind us

that things are alittle bit more expensive in Manitoba, but if

the sweet stuffextends onto their land...

[jensdab]

Schon wieder ein satter Anstieg um 21 % große Kaufbereitschaft mit ungewöhnlich hohem Volumen.

Sieht nach einem Ausbruch aus. Mal sehen, wie lange das andauert oder ob danach erstmal Gewinnmitnahmen kommen.

[geordie]

bin seit heute morgen mit an bord.

[lorenzo00]

btt und greencastle das könnte etwas die nächste zeit werden..immer die teilausführungen in ca, verdammt..

[jensdab]

Hier habe ich einiges Material aus dem Stockhouse bullboard gefunden, da gibt es etliches zu lesen, was den Kurssprung ausgelöst hat vor allem die Kohlen Permits und die verschiedenen Berichte.

Jetzt muss man schauen, wie viel heiße Luft da drin steckt und dies nicht nur ein kurzer push von einigen newslettern ist.

Das wird sich in den nächsten Wochen zeigen, ob dies nur ein kurzes Strohfeuer ist oder der Beginn eines kontinuierlichen Aufwärtstrends.

Die letzten Tage sprechen für ein weiteren Anstieg Richtung 1 Can.$.

Mit dem erneuten Kursfeuerwerk bin ich seit langem wieder leicht im Plus.


Einschätzungen sind willkommen, es ist Wochenende....und Fußball ist erst am Mittwoch.



http://www.foxbusiness.com/story/markets/industries/energy/g…


"Inhis Stock Talk Late Edition on June 18, 2008, Canaccord's David Pescodnoted:"It was just roughly two weeks ago that the Coffin brothers ofthe Hard RockAnalyst did a piece on Goldsource ..." When asked at therecent Cambridge MiningConference in Vancouver if he could only buy onestock today, what would it be?Eric Coffin said he would like to picktwo, but one would definitely beBitterroot Resources (TSX VENTURE:BTT).Mr. Coffin notes that Bitterroot hasfiled coal permit applications onthe Manitoba side of the border, but within 10km of the Goldsourcepermits. He further pointed out that being on the Manitoba border due east of Goldsource is "as close as you're going get for tag-ons tothe main play."

Get in before it goes over flies over 1 dollar. Coffin Brothers put a strong buy overnight, they picked Goldsource at $2 dollars, BTT is next.

Thu May 22, 2008
Hard Rock Analyst


Author: David Coffin and Eric Coffin

With the northern summer approaching we are in the process of updating companies that have been sidelined by seasonal realities. Included on that list is Bitterroot Resources (BTT-V; up 6.5 cents at $0.37 on 225 k shares) that has suddenly become more prominent based on two back to back news releases, even though neither deals with the reason we have had BTT on accumulate over the winter months. Yesterday's release was about permitting for its Michigan uranium joint venture, about which we have a bit more to say below. After the close today BTT announced that it has made coal applications on the Manitoba side of its border with Saskatchewan, and this we think offers a very low risk second entry into the area play generated by the Goldsource discovery. On the basis of the coal spec combined with work that should soon begin on the Linda high-grade gold vein we are moving BTT to the HRA list with an initial outlook of strong speculative buy.

The three coal permits Bitterroot is picking up in Manitoba are within the same geology as the Goldsource discovery, and all have either rail links or existing road access crossing through them; the road accessibility on the two southern blocks should allow some drilling of this ground during summer if permitting can get done in time. BTT president Mike Carr does have a coal background, so these areas have been chosen as knowledgably as current understandings of the play allows. One thing that distinguishes Manitoba from Saskatchewan is a significantly higher upfront entry cost in the former, largely refundable as work is done on the ground, which may explain in part why there has been less noise about applications there even though geological considerations would indicate this should be a cross boundary play. The relative lack of "rush" in Manitoba also means that permitting should be simpler since the government offices won't be overstressed as they are in Saskatchewan. Manitoba's mining culture, though more focused on hard-rock situations than soft-rock, is as strong as that in Saskatchewan and we see no reason at this point to favour applications in the overstressed Saskatchewan play over these well considered applications next door. We expect the market to have a similar view, but we are as interested in BTT for its other holdings and view the coal spec as a free punt on top of them at today's closing price.

The Bitterroot holding that is simplest to grasp hold of is the Mineral Creek -Linda (very high-grade) gold joint venture on Vancouver Island. BTT's private partner is the operator and will be gearing up for an initial bulk sample from the vein as quickly as snow conditions allow. We have laid out our thoughts on this in the past, but to quickly recap the essential point is that the 5,000 tonne bulk sample to be done here on a vein segment that has returned up to 50 oz/ton in recent sampling could very quickly generate a strong cash position for the company. The point of the bulk test is to determine whether there is enough gold distributed through this shoot to generate a small very high-grade operation and to get a better handle on how to treat results from further drill testing that will be done to test its extensions and several other targets on the property. This is however a situation in which a program with further upfront costs in the $100,000s might actually generate enough gold to supply a one-off 8 figures ($10 million+) revenue stream to BTT and outline a fairly simple route to revenue generation that quickly exceeds the company's current $21 million valuation. While we emphasise this is a test, we also have to say we would be surprised if this program did not generate sufficient revenue to at least pay for itself, and that is a rare enough occurrence on its own. We will have more to say on Mineral Creek as the program gets into operation and further exploration work is laid out, and we will have more to say on gold exploration programs the company is planning for later in the summer on its central British Columbia projects as they approach drill stage.

The third leg Bitterroot is standing on, and the one that has actually sustained much of its market interest over the past few years, is the uranium exploration joint venture in Michigan on which Cameco Corp (CCO-T) is earning in. Last year's work indicated this new exploration district has the right parts without having generated results of ore quality. Some further targeting work is planned here before the drill actually starts turning, but the permitting may generate some more lift for the stock before that. Again we will have more to say on this work as targeting is completed, but we think the combination of the coal acquisitions in Manitoba and the gold projects in British Columbia may supersede the uranium exploration for the time being at any rate. Bitterroot has about $3 million in cash. Warrants and options exercise would bring in a further $5 million and add a further 8+ million shares to the current 58 million on issue, but most of that dilution is at prices between 50 and 80 cents and therefore not an immediate issue. There could be selling from recent 35 cent placements as the share price moves up, but if the coal leases garner the same kind of attention seen in other companies these placements would not be a large issue. We think Bitterroot has a much better underlying asset base and asset to valuation base then other players we have noted in the coal play other then GXS, and hence our decision to move it the HRA list and strengthen its outlook.

http://www.bitterrootresources.com/


HRA Letter
Heres a small cut out of the letter.

The three coal permits Bitterroot is picking up
in Manitoba are within the same geology as the

Goldsource discovery, and all have either rail

links or existing road access crossing through

them; the road accessibility on the two

southern blocks should allow some drilling of

this ground during fall if permitting can get

done in time. BTT president Mike Carr does

have a coal background, so these areas have

been chosen as knowledgably as current

understandings of the play allows.

We think Bitterroot has a much better underlying
asset base and asset to valuation base then other
players we have noted in the coal play other then
GXS, and hence our decision to move it the HRA list.

've just spent some time to do the dd and found this one might be another GXS.

If we look back on GXS, we'll find something in common:
When GXS went to $0.78 from 0.375, few people noticed it;
When GXS went to $1.97 from $0.78, some people thought it might be a pump and dump;
When GXS went to $2.60 from 1.97, more people thought it would be a pump and dump...

Then, GXS went to $3.3, 4.6, 5.5.... alll the way up to $19.

This Coffin Brothers might be the greatest guys who have made a greatest call.

Now, watching it closely and ready to get in any time if it dips.

I think those GXS guys might be watching BTT closely, too. So those do institutionals and funds.


chart:

Bitterroot Resources;

http://stockcharts.com/c-sc/sc?s=BTT.V&p=DAILY&b=5&g=0&i=0&r…


Dies ist der Wert von GXS.V Goldsource Mines Inc. in Bezug zum Vergleich von Bitterroot. Da hat sich lange überhaupt nichts getan und dann einige Analysten oder Schreiber und dann plötzlich ein rasanter Anstieg, erscheint etwas suspekt meiner Meinung aber ich kenne den Wert nicht.

[parkinson76]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[dukezero]

Jun 26, 2008 08:00 ET

Goldsource Receives Additional Saskatchewan Coal Permits

dürfte die Area Plays beflügeln!!

[Kostolanys Erbe]

hi leute,

da ist unsere btt ja schön gelaufen...

achtung gap bei 0,67 und 0,40 can$


kosto

[Kostolanys Erbe]

hi leute,

erstes gap bei 0,67 can$ nach unten geschlossen...



fehlt nur noch das gap bei 0,40 can$...meine strong-buy-zone


kosto

[KMST]

Antwort auf Beitrag Nr.: 34.405.144 von Kostolanys Erbe am 30.06.08 16:44:17

da bin ich dabei. dachte der stock ist weg und ich habs verpennt aber die chance werd ich da nutzen

[jensdab]

BITTERROOT RESOURCES LTD.

Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]

www.bitterrootresources.com

NEWS RELEASE

June 30, 2008

NEW MANITOBA COAL EXPLORATION APPLICATIONS

Bitterroot Resources Ltd. (BTT, TSX-V) has submitted additional Quarry (Coal) Exploration Permit applications to the Mines Branch of the Province of Manitoba’s Department of Science, Technology, Energy and Mines.

These applications cover an additional 11,605 hectares (~48 square miles) of road or railroad-accessible lands which host Lower Cretaceous coal-bearing strata of the lower Cretaceous Mannville/Swan River Group. Bitterroot’s Quarry (Coal) Exploration Permits now cover approximately 25,400 hectares (~107 square miles) of prospective lands in the Pasquia and Swan River Basins.

Bitterroot’s Turnberry Block is located approximately 5 kilometres north of Goldsource Mines Inc.’s Border Property, where two drill holes located 1.6 kilometres apart intersected over 22 metres of continuous coal within a 32 metre-thick, flat-lying coal-bearing interval.

The Mines Branch of the Province of Manitoba’s Department of Science, Technology, Energy and Mines has posted the location of Bitterroot’s Quarry Exploration Permit applications on its website. The new applications are currently being processed, with completion expected in approximately 12-14 weeks. There are no assurances that all of the applications will be granted. Bitterroot’s management believes that the majority of the lands it has applied for will be available for coal exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995

[Mauci]

Antwort auf Beitrag Nr.: 34.408.501 von jensdab am 01.07.08 02:51:32

dass heisst dass BTT nur 5km von GXS entfernt ist?

[bluelake]

Hi, keiner mehr hier?

[bmh]

Antwort auf Beitrag Nr.: 34.468.387 von bluelake am 09.07.08 11:15:14

doch doch, ich beobachte genau, um den richtigen Wieder-Einstieg nicht zu verpassen - wahrscheinlich wie viele hier dies ebenso tun ...

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 34.469.406 von bmh am 09.07.08 12:49:20

hi leute,

naja waren verdammt dicht dran das zweite gap bei 0,40 can$ zu schliessen. bevor wir das nicht geschlossen haben, werde ich btt nur schön beobachten.

das erste gap bei 0,67 can$ haben wir ja sehr schnell wieder geschlossen.

http://stockcharts.com/h-sc/ui?s=btt.v

können natürlich evtl. auch noch die 200 tage-linie von oben testen....wer weiss?!



ps: btt hat das gap aus 2007 bei 1,05 can$ auch jetzt geschlossen:



nur wen es interessiert kann gap-schliessung evtl. bei "running fox" erwarten....wann?? weiss ich nicht!!! aber chancen sind aus meiner sicht gut.... gap noch offen bei 0,50 can$ und 1 Can$



evtl. bodenbildung "untertassenformation" abgeschlossen
bewertung von running fox: 13 mio can$
umsatz aus gasgeschäft ca. 6 mio can$
plus assets uran, öl+gasdienstleistung + gold

http://www.resourcemedia.de/comp/run.php

homepage:
http://www.foxgold.ca/
z.b.
Gold-Projekte:
Running Fox ist zu 50% am Brett-Gold-Projekt im Okanagan-Valley, British Columbia/Kanada beteiligt - die andere Hälfte gehört Mosquito Consolidated Gold Mines.
Auf dem ca. 20 km² großen Projekt wurden bereits umfangreiche Explorationsarbeiten durchgeführt; neben insgesamt 172 Bohrlöchern brachten im Jahre 1996 auch 291 Tonnen Gesteinsproben hohe Gold- und Silbergrade hervor (im Durchschnitt 27,74 Gramm Gold pro Tonne sowie 63,7 Gramm Silber pro Tonne).
Ein unabhängiger NI43-101-Report liegt vor und beinhaltet bei Bohrloch 93-19 folgende Werte: Durchschnittlich 35,79 g/T Gold auf einer Länge von 16,76 m, 57,88 g/T Gold auf einem Abschnitt von 3,048 m und 107,88 g/T Gold auf einer Länge von 4,57 m innerhalb der Staffelzone.
Das im Jahr 2004 durchgeführte Bohrprogramm brachte als Highlight auf einer Länge von 10,4 m durchschnittlich 10,39 g/T Gold und auf einem Abschnitt von 1,3 m sogar 176,3 g/T Gold, was 5,1 Oz Gold pro Tonne entspricht.
Bisher hat man sich nur auf einen kleinen Teilbereich des Explorationsprojektes konzentriert, so dass davon auszugehen ist, dass weitere ungeprüfte Anomalien zu zusätzlichen Goldentdeckungen führen werden.


charttechnisch aktuell die 50 tage-linie von unten nach oben durchschritten...mein erstes ziel: 200 tage-linie
http://stockcharts.com/h-sc/ui?s=RUN.V&p=D&yr=0&mn=6&dy=0&id…

dies stellt keine kaufempfehlung dar, aber bei dieser bewertung und potentialen der assets...für mich ein klares investment wie BTT nach GAP-Schliessung!!!!


kosto

[alpine110]

[KOC II]

Antwort auf Beitrag Nr.: 34.486.087 von alpine110 am 11.07.08 09:55:52

hallo

still und heimlich

gruss
koc

[dukezero]

Auf dem Weg nach oben!

[dukezero]

Sieht gut aus!

[Kostolanys Erbe]

hallo leute,

gestern wurde das gap bei 0,70-0,71 can$ geschlossen

fehlt nur noch aktuell das gap bei 0,40 can$




kosto

[Kostolanys Erbe]

hi leute,

gap bei 0,40 can$ so gut wie geschlossen.



sagte ich doch, das dort meine buy-zone liegt.

gaps gaps gaps tzeeee.
jetzt haben wir schön 2 gaps nach oben zu schliessen!

kosto

denke das dies der grund für den heutigen absturz...ausverkauf ist:

As well, shares of Goldsource Mines (TSX: V.GXS, Stock Forum) plunged 53% to $6 as the miner said it has completed the first drill hole and has begun drilling the second of seven additional core holes on its coal permits of the Border Property near Hudson Bay, Saskatchewan. The company said there were distinct differences in the nature of the overburden, "which suggests the possibility that an earlier glacial event may have removed a majority of the coal in this specific elevated location."

verdammt dickes gap nach oben zu schliessen...

[Kostolanys Erbe]

hi leute,

verdammt schnell das gap bei gxs geschlossen!

kosto

[Kostolanys Erbe]

aus stockhouse.

ps:danke für die gestrigen 10 k!

I am posting an excerpt from David Pescod's Newsletter, August 6 2008, which featured an interview with the Coffin Bros.


David Pescod: Now comes the best part of anyinterview

such as this…what would be the twostock picks both of

you would have that would be at thetop of your list at this

time?

<!--[if !supportEmptyParas]--> <!--[endif]-->

Eric Coffin: Two each? You usually just ask forone?

<!--[if !supportEmptyParas]--> <!--[endif]-->

David Pescod: We just want to see which brotheris the better

stock picker…

<!--[if !supportEmptyParas]--> <!--[endif]-->

Eric Coffin: I guess it depends on timelines.Dave and I will

probably agree on some of them. Oneof them certainly has

to be Hathor Exploration(HAT). Even with the current $3.00

price, I think it’s probably one ofthe safer bets out there.

We are very comfortable with the waythe exploration is advancing.

It’s a great looking project. Moredrill holes to

come and I think it will get to thepoint where it will just get

lifted to a higher level. Another onethat we talked about

recently that I like but it is alonger term one because it’s

going to have deliver some moreresults and the market is

probably going to have to care alittle more about gold explorers

which it doesn’t seem to at themoment, but for that

reason it’s cheap and that’s Riverstone Resources (RVS), which

is one we started following a whileback. It’s still trading at

about the same level. They have agood deal with Teck on

one of their projects that’s fundedthem.

They don’t have any money issues inthe short-term and

they should see another transfer ofmoney from Teck in the

next couple of weeks from that samedeal. They are drilling

on one project; they just finisheddrilling on another. They

have started a 43-101 calculation andwe are expecting a

million ounces plus in one of theirprojects. I think that if

the market comes around a little bit,exploration stocks like

these guys, could start generatingresults and new flow and

I don’t think you are going to gethurt buying it at this level.

<!--[if !supportEmptyParas]--> <!--[endif]-->

David Coffin: You know that I hate this question!But I will

do it anyways. One, getting back tothe Goldsource discovery

area, is a company called Bitterroot Resources (BTT). Bitterroot

has picked up some of the rightgeology for that coal

play, on the Manitoba side of theborder.

<!--[if !supportEmptyParas]--> <!--[endif]-->

Manitoba is a littledifferent than Saskatchewan in terms of acquiring

the coal tenure in that Manitoba has a much larger seriousness

bond that goes up frontwith the application, so staking

there has been somewhatmore limited. But as important

as the regional coalpotential is that Bitterroot is drilling at a

very high-grade goldsituation on Vancouver Island and doing a

bulk sample at the samelocation to look at near-term cash flow

potential from a smallportion of the deposit. Bitterroot has two

or three other projectsthat will get drilled this year, both for

gold and on a uraniumproject in Michigan that Cameco is funding

at a grass roots level.In terms of another pick, I would

actually suggest ageneral look at the juniors that are undervalued

and begin thinking interms of averaging down as a

strategy. Focus initiallyon new producers that are showing

you good cash flownumbers but have had share price deflation

due simply to themarket’s risk aversion

That, on our list,

would be stocks like Sherwood Copper (SWC) and Minera Andes

(MAI) which is a gold/silver play in Argentina.They have both

pulled back with theother juniors despite having generated

their first few initialquarters of good cash flow. I would say

let’s call these two apair – a base metal/precious metals pair –

since you’ve got twocompanies that are showing the cash flow

they had anticipated buthave share prices pulled back much

below the bottom lineexpectations for them as each pays off

its development capitalcosts over the next six to 12 months.

<!--[if !supportEmptyParas]--> <!--[endif]-->

David Pescod: Okay, the Hard RockAnalyst is having a little

get together weunderstand in about a week or so in Vancouver.

<!--[if !supportEmptyParas]--> <!--[endif]-->

Eric Coffin: We are doing asubscriber-only afternoon with ourselves

and Lawrence Roulston whohas been a good friend of

ours for many years andDavid Morgan. It’s taking place at the

Metropolitan hotel inVancouver on the afternoon of August 8th.

Basically we are justgoing to give individual presentations on

where we think things areat in the market right now.

It will be a question andanswer and some panel stuff and take

questions fromsubscribers. It is just a little get together and a

thank you for oursubscribers.

We realize its local to Vancouverand short notice so I am hoping

to organize having itaudio taped so we can post audio from

it on hraadvisory.com andpass it on to Lawrence and David so

our and their othersubscribers can listen in. Subscribers of

ours, David’s orLawrence’s who want to register or need more

information shouldcontact Sabrina at

[e-mail] who is organizing thingsfor the

event.

David Pescod: Thank you very much Eric and David.


kosto

[Kostolanys Erbe]

hi leute,

warten auf news......pendeln an der 200 tage-linie.

mal sehen, ob bald news aus dem goldprojekt mineral creek kommen

kosto

[Kostolanys Erbe]

http://www.goldseiten.de/content/diverses/artikel.php?storyi…




http://www.resourceinvestor.com/pebble.asp?relid=43730

[Kostolanys Erbe]

aus stockhouse vom user destinator:

All the price drops have been on low volume. It's not the analysts selling. Too much good news on the horizon. Linda bulk and coal in Manitoba is looking better with each passing day.



gebe ihm recht ! bei der börse geduld aufzubringen ist verdammt hart... ich liege hinten....aber ich möchte drin sein, wenn die news kommen....

kosto

[Kostolanys Erbe]

nur zur info.

GOLDINVEST-Kolumne: Expertenmeinung McEwen - Gold langfristig bei 5.000 USD 26.08.2008


Rob McEwen verfügt über 29 Jahre Erfahrung in der Rohstoffbranche und gilt in der Branche schon längst als Legende. Derzeit ist er Chairman & CEO von U.S. Gold. McEwen erwartet, dass der Goldpreis bald wieder glänzend dastehen wird.

Rob McEwen folgte seinem Vater in die Investmentbranche, wo er seine Leidenschaft für Gold entdeckte. Er wandelte die Goldcorp Inc. (ISIN: CA3809564097 , WKN: 890493) von einer Sammlung kleiner Unternehmen in einen Minengiganten um. Dabei stieg die Börsenbewertung des Konzerns von rund 50 Mio. Dollar auf über 8 Mrd. Dollar.

Die Aktionäre von Goldcorp freuten sich über einen durchschnittlichen Kursanstieg von jährlich rund 32 Prozent. Kein Wunder, dass Rob McEwen über ein beträchtliches Renommee in der Branche verfügt. In einem Interview mit "The Gold Report" erläuterte McEwen seine aktuellen Ansichten zum Goldmarkt.

So erläuterte der Experte, dass seiner Meinung nach Juniorunternehmen aus der Minenbranche einen baldigen Turnaround erleben würden. Aufgrund der Subprime-Krise in den USA hätten die Spekulanten ab August letzten Jahres den Sektor verlassen. Trotz des folgenden Goldpreisanstiegs seien die Preise für Minenkonzerne bis Februar nicht angestiegen.

Danach seien Börsengelder in etablierte Produzenten, die einen positiven Cashflow generierten, geflossen. Gleichzeitig hätten Investoren Engagements bei Juniorunternehmen mit negativem Cashflow gemieden. Es sei letztendlich um Risikovermeidung gegangen. Nun hätten die großen Goldproduzenten einen Anstieg ihres Cashbestandes gesehen, während gleichzeitig die eigenen Goldreserven zurückgegangen seien.

Die großen Minenkonzerne würden versuchen, ihre Reserven wieder zu erhöhen, indem sie ein Auge auf die Juniors werfen, so McEwen. Dabei könne eine große Entdeckung aus dem Explorationssektor der Auslöser für Einkäufe sein. Die Investoren würden aufwachen und endlich aus ihrer Lethargie hinaus treten.

Keiner wisse, wann dies passiert, so der Experte weiter, aber wenn es passiert, ginge es schnell. Ein Anstieg von 20 oder 30 Prozent, bevor man realisiere was vorgeht sei dann keine Überraschung. McEwen berichtet darüber hinaus, dass viele Juniorkonzerne den Markt enttäuschten, indem sie Projekte entwickelten, die die Erwartungen nicht erfüllten.

Auch spiele der Kostenfaktor eine große Rolle. Aufgrund der gestiegenen Kosten müsse man bei Unternehmen, deren Machbarkeitsstudie schon vier bis sechs Monate alt ist, die Kosten um rund 25 Prozent höher ansetzen, so McEwen weiter.

Es sei wichtig, so der CEO von U.S. Gold, sein Portfolio mit Juniorunternehmen zu diversifizieren und sich des Risikos bewusst zu sein, dass ein solcher Konzern trotz aller positiven Vorhersagen im Endeffekt durchaus auch einmal wirtschaftlich scheitern könne. Nun sei aber generell die Zeit, da die Kurse der Juniorunternehmen attraktiver würden.

Im Sommer sei die Nachfrage nach Gold traditionell niedriger und im Moment sei der Zeitpunkt, in der die Leute weniger auf Gold schauen, also ein gutes Timing um ein Investment in Betracht zu ziehen. Gold sei ein Hort der Sicherheit in schwierigen Phasen, wie derzeit im Finanzsektor. Aufgrund dessen erwartet McEwen viel, viel höhere Goldpreise als wir sie heute haben.

Robert McEwen prognostiziert bis Ende des Jahres 2010 einen Goldpreis von 2.000 USD. Bevor dieser Goldzyklus endet, solle der Preis sogar die 5.000 USD-Marke erreichen, was dann gleichbedeutend mit einem Ende der Hysterie wäre. Es werde mehr Leute geben, die sich fragen, wo das Geld sicher angelegt sei. "Gold wird wieder beginnen zu glänzen", so McEwen.

Chancenorientierte Investoren sollten unserer Meinung nach daher einen Blick auf Goldminenaktien werfen. Zu unseren derzeitigen Favoriten zählen Agnico-Eagle Mines (ISIN: CA0084741085 , WKN: 860325) und Kirkland Lake Gold (ISIN: CA49740P1062 , WKN: 157217) sowie unter den Explorern Dynasty Metals & Mining (ISIN:CA26813S1002, WKN:A0HFXY) und Monument Mining (TSX: MMY, WKN: A0MSJR ).


kosto

[Kostolanys Erbe]

Gold Rises as Dollar's Drop Spurs Demand; Platinum Extends Gain

By Claudia Carpenter

Aug. 28 (Bloomberg) -- Gold rose in London as the dollar'sdecline may spur more demand for the precious metal as analternative investment. Platinum climbed for a second day.

Demand was ``unprecedented'' by jewelers and other so-calledphysical buyers of gold in the past three weeks in Europe andAsia, especially India, UBS AG said in a report today. RandgoldRefinery Ltd., owner of the world's largest gold refinery inSouth Africa, ran out of Krugerrand gold coins after a largeorder from Switzerland last week.

``People are searching for an investment that is a long-termstore of value,'' said Ben Davies, who helps manage the HindeGold Fund in London. Gold ``supply is not readily available atthese prices.''

Gold for immediate delivery rose $9.20, or 1.1 percent, to$836.10 an ounce as of 12:01 p.m. in London. Prices have climbed1.7 percent in three days.

Mounting tensions over Russia have contributed to the demandfor gold as a haven, said Mark O'Byrne, managing director ofbrokerage Gold and Silver Investments Ltd. in Dublin.

French Foreign Minister Bernard Kouchner said European Unionleaders meeting in Brussels on Sept. 1 will discuss sanctionsagainst Russia after it recognized the independence of tworegions of Georgia. U.K. Foreign Secretary David Milibandyesterday accused Russia of trying to ``redraw the map'' ofEurope.

``It's making people a little bit nervous,'' O'Byrne said.

Premium Coins

Gold and Silver Investments is paying 3.2 percent extra forKrugerrands minted by the South African Mint, compared with fourweeks ago when there was no extra charge over the metal's price,O'Bryne said. ``We can get the coins in limited amounts. It'shighly unusual.''

Rand Refinery, supplier of blank Krugerrands to the SouthAfrican mint, had an ``unusually large'' order of 5,000 ounces ofKrugerrands last week from a company in Switzerland, wiping outRand's inventories until next week, said Johan Botha, a spokesmanfor Rand Refinery in Germiston, South Africa.

Silver for immediate delivery increased 29.5 cents, or 2.2percent, to $13.79 an ounce and platinum gained $27.90 to$1,471.40 an ounce. Palladium climbed $2.75 to $294.75.

The dollar fell as much as 0.5 percent against the eurotoday on speculation higher interest rates in Europe will drawinvestment from the U.S. currency. Last week, the dollar slid 0.7percent against the euro, the first weekly decline in six weeks.Gold advanced 4.5 percent last week, the most in six months.

To contact the reporter on this story:Claudia Carpenter in London [e-mail]

Last Updated: August 28, 2008 07:37 EDT

[Kostolanys Erbe]

..das alles ist aktuell nur 17,50 Mio CAN$ wert!!!!



SPN OVERVIEW

In early-2007, Bitterroot entered into an agreement to acquire a 100-percent interest in the SPN property, approximately 20 kilometres southeast of Barriere, British Columbia. The 467-claim (9,490 hectares) property was staked to cover a relatively unexplored, road-accessible area which is the source of multi-element (Au, Ag, Cu, Co, Pb, Zn and As) stream silt geochemical anomalies.

In 2007, stream-sediment sampling, prospecting and soil sampling identified several areas with highly anomalous polymetallic silver and base metals (Cu-Zn) geochemistry, suggesting that the SPN property has potential for volcanogenic massive sulphide (VMS) mineralization similar to that found elsewhere on the Adams Plateau. The 2008 exploration program at SPN will focus on defining targets for trenching and diamond drilling, beginning with cutting of a 45 line-kilometre grid, followed by soil sampling, prospecting and geologic mapping. A 300 line-kilometre, helicopter-borne Time Domain Electromagnetic Geophysical Survey (VTEM System) was flown in mid-August.

In exchange for a 100-percent interest in the SPN claims, Bitterroot paid the property vendors $10,000 and issued 50,000 shares upon signing, issued 50,000 additional shares and completed $50,000 of exploration expenditures before the first anniversary, will issue 50,000 additional shares before the second anniversary, and will issue common shares with a value of $50,000 prior to the third anniversary. The vendor will retain a two percent (2%) Net Smelter Returns (NSR) royalty on the property, of which Bitterroot can purchase half (1%) for $1-million.


BIG SOUTHEASTER OVERVIEW

In June 2006, Bitterroot entered into an agreement to acquire a 100-percent interest in the Big Southeaster property, near Port Alberni, British Columbia. The property adjoins the south side of the geologically-similar Mineral Creek property, hosting occurrences of stratiform and structurally-controlled polymetallic sulphide mineralization and structurally-controlled gold-silver mineralization. The Big Southeaster property is accessible by logging roads and hosts several undocumented test pits and short adits which tested surface exposures of gold and base metals mineralization.

In December 2007, Bitterroot completed a 40-hole, 11,286-metre diamond-drill program at Big Southeaster, with 22 holes (6,679 metres) testing a gold-bearing zone in the Lizard Lake area and 18 holes (4,607 metres) testing a cluster of polymetallic showings in the Regina area.

The 22 Lizard Lake area holes tested a 700 x 700-metre area associated with the Mineral Creek fault zone where drilling intersected several hundred narrow quartz-carbonate vein, shear-breccia and fault-hosted intervals which returned anomalous gold values exceeding 0.4 grams/tonne (g/t). The best gold results (greater than 1.0 g/t) were intersected by eight holes along a 250-metre strike length. This poorly-constrained zone is open along strike and down-dip.

The 18 Regina area holes tested Sicker Group volcanic rocks, returning narrow widths of high-grade copper (up to 3.2-percent Cu over 0.6 metres) and zinc (up to 5.7-percent Zn over 0.2 metres). The elevated copper and zinc values were generally recovered from one stratum of basalt flows, over an approximate horizontal width of approximately 200 metres, with a total strike length of at least 1,200 metres based on surface showings and recent and historic drilling. The presence of elevated gold values of up to 1.27 grams Au/tonne over 0.9 metres is also encouraging.

Studies are also underway to determine vectors toward higher grades and potentially economic concentrations of stratiform polymetallic sulphide mineralization and shear-related gold zone associated with the Mineral Creek fault the highly prospective Sicker Group stratigraphy.

In exchange for a 100-percent interest in the Big Southeaster claims, Bitterroot paid the property vendors $10,000 and issued 50,000 shares upon signing, issued 50,000 additional shares before the first and second anniversaries, completed $50,000 of exploration expenditures before the second anniversary, and will issue common shares with a value of $50,000 prior to the third anniversary. In late-2007, Bitterroot acquired a 100-percent interest in a 21-hectare crown granted mineral claim within its Big Southeaster property for C$25,000 and 50,000 common shares.

MANITOBA COAL OVERVIEW

Following disclosure of a significant coal discovery in eastern Saskatchewan by Goldsource Mines Inc., Bitterroot initiated land acquisition in adjacent parts of western Manitoba in April 2008. Quarry Exploration Permit applications have been submitted covering approximately 25,400 hectares (more than 100 square miles), selected based on their proximity to the Lower Cretaceous coal-bearing strata of the Mannville Group (or Swan River Group, as it is known in Manitoba) and transportation infrastructure.

The Goldsource discovery was made in Mannville Group sedimentary rocks, which host coal and coal bed methane deposits throughout western Canada and are equivalent to sedimentary rocks of the Lower Cretaceous Luscar Group, which host large deposits of thermal and metallurgical coal in the Rocky Mountain foothills. The Goldsource Border coal discovery is very significant, as it contains coal seams exceeding 22 metres thick, the widest yet reported in the Mannville Group, at surface-mineable depths.

The Mines Branch of the Province of Manitoba's Department of Science, Technology, Energy and Mines has posted the location of Bitterroot's Quarry Exploration Permit applications on its website. Although there are no assurances that the applications will be granted, Management believes that the majority of the lands that have been applied for will be made available to the Company for coal exploration. Drilling is currently planned for early 2009, subject to financing.


GK GOLD OVERVIEW

In 2003, Bitterroot was granted an option to acquire a 100-percent interest in the GK Property, near Beaverdell, British Columbia. The property consists of 20 claim units which cover the apparent source of multi-element (Au, Ag, Cu, Zn and As) regional stream silt geochemical anomalies. Management believes the property has the potential to host large-tonnage, intrusion-related gold deposits as well as possible high-grade gold, silver, and base metal bearing veins similar to those encountered at the nearby Highland Bell mine.

Since its acquisition, Bitterroot has conducted extensive geological mapping, geophysical surveys (IP and magnetics), and detailed soil sampling with more than 3,000 samples collected on 50-metre spaced grid intervals. In 2007, Bitterroot completed trenching and core drilling programs at GK, focusing on the Blue Jay and Hornet zones. Both zones exhibit mineralization consisting of sulphide-enriched vein-breccias and stockworks containing pyrite, arsenopyrite, quartz and carbonate, with subordinate tourmaline and chalcopyrite.

The Blue Jay Zone was identified by anomalous soil geochemistry, with grab samples returning gold assays of up to 28 grams Au/tonne. In mid-2007, approximately 500 metres of trenching established zone continuity over a minimum strike length of 250 metres, open in both directions along strike and down-dip, with samples returning gold assays of up to 6.75 grams Au/tonne over 9 metres. In late-2007, all 13 drill holes (2,682 metres) at Blue Jay intersected sulphide mineralization with several intercepts returning gold assays averaging 1 to 2 grams Au/tonne over widths ranging from 3 to 10 metres, including narrower intervals of somewhat higher grade, up to grams Au/tonne over 1.8 metres.

The geologically-similar Hornet Zone was discovered approximately 5 kilometres northwest of Blue Jay. Approximately 700 metres of trenching at Hornet established zone continuity over a minimum strike length of 250 metres, open in both directions along strike and down-dip, with samples returning gold assays of up to 22.1 grams Au/tonne over 5.2 metres. All 4 drill holes (746 metres) at Hornet intersected sulphide mineralization, returning more consistent and higher gold grades than drilling at Blue Jay, of up to 1.47 grams Au/tonne over 13.9 metres which included 7.13 grams Au/tonne over 2.6 metres.

The 2007 drill program at GK was the first since 2004, when Bitterroot drilled 1,879 metres of core in nine holes, intercepting narrow high-grade gold veins of up to 29.6 grams Au/tonne gold (with 19.2 grams Ag/tonne) over 0.3 metres and multi-phase, mineralized hydrothermal breccias intersected over a 106 metre-long continuous interval, which hosts an interval containing 0.43 grams Au/tonne over nearly 8 metres.

A follow-up program of infill soil geochemical sampling on the Hornet zone and reconnaissance stream silt sampling was completed in June 2008. The results of this work will help determine the scope of future exploration on the GK property.

Bitterroot acquired the GK property for a total of C$84,000 and 300,000 of its common shares, subject to a 2-percent net smelter returns (NSR) royalty, of which Bitterroot may buy back half (1-percent) for C$1-million.



Mineral Creek Property
Bitterroot Resources Ltd.'s (BTT, TSX-Venture Exchange) joint venture partner, Mineral Creek Ventures Inc. has extracted approximately 200 tonnes of gold-mineralized vein from an adit driven on the Lower Linda vein. Five chip samples collected from underground faces across the mineralized vein returned assays ranging from 0.86 oz Au/ton up to 52.4 oz Au/ton. Results of the chip sampling have confirmed that the Lower Linda Vein hosts extremely high grades of coarse native gold. Previous core drilling has identified high grade gold mineralization in the Lower Linda vein along a strike length of 270 metres and 40 metres down-dip. The Lower Linda vein system presents a unique opportunity for Bitterroot and Mineral Creek Ventures to develop a low-capital cost, low-impact gold mine with the potential to generate extremely attractive economic returns. The Lower Linda vein is part of a series of gold-bearing veins which are present in the Linda area. There is excellent potential to expand the dimensions of the Lower Linda vein and define additional high-grade veins which have previously returned high gold grades in drill core (see attached map).



Bitterroot Resources Ltd. has entered into an option/joint venture agreement with Cameco Corporation covering exploration targets within a 240 square mile 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 1,322 metres of core drilling in seven holes was completed in January 2007. Six of these holes intersected strongly graphitic conductive zones in basement rocks immediately below a Proterozoic unconformity. Follow-up drilling is planned to begin in late 2007.

Cameco has the option to acquire a 65% interest in the main area of interest by incurring additional expenditures of C$500,000 in the year ended August 2008.

The Cameco option excludes lands covering the 25 square-kilometre Echo Lake layered intrusion, which was drill-tested by Bitterroot in 1997. The Echo Lake intrusion has potential to host additional reef-type platinum/palladium mineralization along strike from the currently known mineralized zones and nickel/copper/PGE mineralization along its contacts and in satellite intrusions. Bitterroot has also identified other areas on its 100 percent-owned lands which host gold and copper mineralisation.

The Upper Peninsula of Michigan has experienced a resurgence of metals exploration in the past few years, with several companies currently drill-testing exploration targets. Of these, Kennecott Exploration Company's Eagle nickel/copper/PGE deposit has been the most significant discovery. The high-grade Eagle deposit is in the permitting stage and is expected to enter commercial production within the next two years. In light of Kennecott's recent exploration success and the resulting overall increase in exploration activity in Michigan, Bitterroot is continuing to acquire land in prospective areas and review potential acquisition targets.

Copper Range Lands
Keweenaw Peninsula, Michigan

Bitterroot Resources Ltd's Michigan subsidiary owns a 100% interest in 106 square miles of mineral rights in the Keweenaw Peninsula. The world-class native copper deposits of this region are known for their high native silver content. The following link shows silver-rich mineral specimens (http://www.minsocam.org/MSA/collectors_corner/vft/mi4a.htm) from mines in the Keweenaw Peninsula.

Bitterroot's geologic compilations and geophysical surveys have identified a number of copper/silver targets on its lands. Drilling is planned in late 2007.



Kosto

[Kostolanys Erbe]

hi leute,

schaut mal auf der homepage von bitterroot resources.

dort sind erste bilder vom drilling linda zone zu sehen



kosto

[Kostolanys Erbe]

zur info

Thu Sep 18, 2008
Options Granted

--------------------------------------------------------------------------------

Under the terms of its Stock Option Plan, Bitterroot Resources Ltd. has granted, effective September 18, 2008, incentive stock options to acquire 174,500 common shares at $0.26 per share, expiring September 17, 2013.

ON BEHALF OF THE BOARD OF DIRECTORS


Michael S. Carr
Director

[Kostolanys Erbe]

zur info:

http://www.bitterrootresources.com/i/pdf/2008Q3.pdf

http://www.bitterrootresources.com/i/pdf/2008Q3.pdf


kosto

[Kostolanys Erbe]

...nur ein kleiner auszug...

Construction of a small preliminary test-milling circuit to process mineralized rock mined from
the Lower Linda vein started in June. The company’s partner and project operator, Mineral
Creek Ventures Inc., has produced 620.2 grams (19.94 troy ounces) of coarse gold from
approximately 4.8 tonnes of rock. In addition, approximately 270 kilograms of gold-bearing
pyrite-rich concentrate of unknown grade remains to be processed. The rock was pulverized to
<10 mesh and tabled to produce the concentrate. Tailings are being stored for future analysis and
recovery. Throughput was limited by low crushing capacity and availability.

jetzt..genau lesen!!!!

Based on these
results, Bitterroot and Mineral Creek have purchased new crushing equipment with a
capacity of 1.35 tonnes per hour, for delivery in October. The upgraded crushing system is
expected to result in significantly higher throughput and gold production.



In August, a new quartz vein containing visible gold, known as the Ember Vein, was discovered
approximately 120 metres south of the Lower Linda Vein. The discovery outcrop of the Ember
vein has a true thickness of approximately 0.5 metres and was located by tracking gold-bearing
quartz float material uphill and digging through overburden. Three chip samples taken across the
lower, middle and upper parts of the exposed part of the Ember vein returned assays of 29.9,
41.6 and 69.7 grams gold/tonne (or 0.87, 1.21 and 2.0 ounces/ton gold).
As of the date of this report, the Company’s drilling contractor has completed approximately
5,100 metres of drilling in 20 holes. Extensive zones of alteration and quartz veining were
intersected along the Gap fault system although gold grades from assays received to date have
been below 1.0 gram gold per tonne. The drill rig has recently been moved to the Linda area to
test for extensions of the high-grade Lower Linda vein and the newly discovered Ember vein.
Assays are pending from these holes.
In August and early September, a 360 line-kilometre VTEM airborne geophysical survey was
flown over most of the Mineral Creek property. Upon completion of data processing, the survey
will provide magnetic and electromagnetic data which will be used to define additional gold and
base metals targets.
In the nine months ended July 31, 2008, Bitterroot spent $400,097 on the Mineral Creek project,
net of stock-based compensation, mainly on drilling and geological consulting. Mr. P.E. Michael
Becherer, P.Geo is the Qualified Person responsible for the design and implementation of
exploration programs on the Mineral Creek project.

kosto

[Kostolanys Erbe]

aus stockhouse...


Geologist still at it after 16 years

Call this a test.

Not of the emergency broadcast system, but of the audience for incumbent speculations.

Incumbent meaning “still in the doghouse,” like nearly everything else on this planet’s investment landscape, with the exception of overpriced shopping mall REITs (Simon Property Group (SPG) anyone? Not with my money.)

One of the incumbents in the tough-as-nails cosmos of gold and silver and uranium and coal mining is a small exploration company with its claws in five separate mineral claims across North America.

Now, I do not own shares of Bitterroot Resources (TSX: V.BTT, Stock Forum) / (OTO: BITTF, Stock Forum), a Canadian miner. I have no intention of buying any right now, either. I do not advise anyone to buy shares. Not just yet. Who knows? If the desecration of speculative equities continues for another day/week/month/year, then instead of 20 Canadian cents, one might be able to pay 10 Canadian cents for a slice of The Root.

But I have known about Bitterroot for many years, and I know its CEO, Michael Carr, a straight shooter who has worked his body to the bone trying to prove there is a “there” there in Bitterroot’s claims across Michigan’s Upper Peninsula, in British Columbia, in Quebec and around Manitoba.

Carr has been at The Root for 16 years now. The trained geologist could (or could not) be on the verge of a substantial uranium (and nickel and copper) dig in Michigan, among other things. The Root also owns partial or complete claims on Vancouver Island – for possible gold – and Manitoba – for possible coal. And, near Barriere in B.C., for possible silver. And so on. Like most miners, the company has slick maps and full descriptions of each of its claims and projects on the Internet.

Carr told me the other day he is quite hopeful about results forthcoming from Michigan and Vancouver Island. “As for market-friendly news, assays and the like coming up, I would look for ongoing gold production numbers from the Mineral Creek bulk sample, plus results from the long-awaited Michigan U. drilling program, which started last week,” he said.

Carr is an optimist, of course. But he is no promoter. Getting him to say getting that much takes a relationship that goes back almost 10 years. “Assuming the big markets stabilize in the next few months, I think 2009 will be a good year for us,” he says.

I asked Mike how such a small company can operate five camps that are spread across the North Country. “I have four very competent guys, each one living locally and running a project. I have generally known these guys for 20-plus years and respect their abilities. They hire their own crews and run things the way they want, with guidance from me. “

Mike Carr also relies on a vastly larger company, uranium dioxide and hexafluoride producer Cameco (TSX: T.CCO, Stock Forum) / (NYSE: CCJ, Stock Forum), for what he calls “valuable technical advice on the Michigan U. exploration program.” Cameco is footing most of the bill for The Root’s poking around on the Upper Peninsula’s possible uranium fields.

So there it is. I happen to know folks who own shares of Bitterroot Resources, but they have no expectations of anything happening overnight. Not after 16 years of searching. I also know the folks at Endeavour Financial, a Canadian merchant banker that helped The Root raise via private placements some of the money for its exploration programs.

Like I said, this is a test of the incumbent doghouse system.

Note: My cosmos in terms of holdings is listed on www.Stockhouse.com under the “portfolio setting.” I do not own, nor does anyone in my family, shares or any interest in Bitterroot Resources.

THOM CALANDRA REPORT: For investors who profited from a meteoric rise of commodities, mining and life sciences companies, Thom Calandra acted as a beacon. Thom helped his audience find value in a quagmire of investment choices. Yet he is not a titled investment adviser. He is, more than anything, a scribe who goes where the action is. Thom co-founded CBS MarketWatch and MarketWatch.com. As the voice of Thom Calandra's StockWatch and The Calandra Report, Thom beat bushes for prospects. He fancied $300-ounce gold before that metal became an investment rage. Thom visited numerous biomedical companies, metals mines, and even a haberdashery or two, not to mention thin-crust pizza joints across the planet in his search for profit, fashion and food. Thom's latest project, the novel PABLO BY NUMBERS, was completed in summer 2008. He and Stockhouse this autumn will offer a subscription report with all the bells and whistles. The service is tentatively titled Thom Calandra Report. Please stay tuned AND PRUNED to Stockhouse.com, ThomCalandra.blogspot.com and to ThomCalandra.com for more.

kosto

[Kostolanys Erbe]

kam gerade per email...news:

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com




NEWS RELEASE

October 27, 2008



C$120,000 FLOW-THROUGH SHARE FINANCING


Bitterroot Resources Ltd. (BTT, TSX-V) has agreed to issue 1,000,000 flow-through common shares priced at C$0.12 in a non-brokered private placement to several Canadian investors, for gross proceeds of C$120,000. The proceeds will be used to fund drilling and surface exploration of Bitterroot’s gold and base metals projects in British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.


ps: danke für die shares heute! :-)

kosto

[Kostolanys Erbe]

Resource investor John Pugsley speaks with The Gold Report

Ongoing education, excellent connections and a wealth of experience combine to give John Pugsley insights that are both compelling and provocative. Using analogies as diverse as dribbling basketballs and stocking up on tuna when it’s a bargain in the supermarket, he talks with The Gold Report about the importance of patience, a focus on fundamentals and the criteria he’s using to identify the next wave of winners.

The Gold Report: What’s your take of the gold market in these incredibly unstable financial times?

John Pugsley: Unstable is certainly a kind description of the current financial scene. Everyone is scrambling for a life preserver and the only thing that looks secure is U.S. Treasury debt. This is truly curious, since governments are addressing the crisis with the only tool they have: an avalanche of fiat money.

In spite of the misguided rush to the "security" of government debt, gold is doubtless the safest hedge around. That said, the short-term volatility of gold’s price is intense. As financial anxiety turns toward panic, most people succumb to their herd instincts, and the herd is running toward the cliff.

The prices of stocks and gold and silver and everything jerk up and down like a rapidly dribbled basketball. Anyone offering predictions of what directions prices will be going tomorrow morning, next week, or at any specific time are pretending to have a crystal ball.

I don’t believe it’s possible to predict short-term price movements on gold or any other asset. Short-term swings are unpredictable; however, one thing is predictable: over time, and regardless of temporary euphoria or panic, tangible, useful things will hold their exchange value relative to other tangible useful things. Likewise, intangible useless things like paper currencies will not.

Gold happens to be the most practical commodity one can hold as a hedge against the inevitable fall in the purchasing power of paper money, so it’s a natural long-term defense. In the next five years individuals will need some way to defend against price inflation. Holding tangible goods is the rational alternative to money, and gold is the most practical choice.

TGR: How do the other precious metals—silver, palladium, platinum, rhodium, titanium, for example—stack up in comparison?

JP: Basically, what is true of gold is, to some extent, true of silver. Historically, it has been the second monetary metal. However, there are industrial uses as well as decorative and monetary uses for silver, all of which affect demand and therefore price.

As you get farther away from gold and silver, you’re into the other metals you mentioned where almost all of the demand comes from industrial uses. I don’t closely watch the prices of platinum, palladium, and the other rare metals. Rather, I concentrate on the sector that I’m most interested in, which includes gold and silver, plus the more common industrial metals. Also, I don’t concentrate on the metals themselves, but on the companies that produce them. In particular, the junior explorers and producers are the ones that are most highly leveraged to the price of commodities, such as gold, so those interest me the most.

TGR: But most of those juniors have tanked over the past six months. Do you see them recovering?

JP: They’ve tanked over the past six months, but the slide has accelerated: they’ve really tanked over the past six weeks. There are 5,000 or so junior resource companies, but probably 5% or maybe even fewer of those companies have any credibility among people who really understand the mining business. A lot of them were born when promoters saw the bull market coming. They formed companies, gathered some properties, issued a bunch of paper, and hit buyers who were excited by the bull market. “Hey, we’ve got a prospect here that you’ve got to buy!”

In the past five years the market was hot and investors were scooping up anything with “resource” in the name, in the same way they were buying anything with .com in the name from 1995 to 2001. That ploy works fine for hot markets. You can be certain that there will be mass burials of 90% of the juniors in the coming months. A lot of them will become shells. As Rick Rule has pointed out, the market will bifurcate. The majority of juniors that were born out of the euphoria of easy credit, unscrupulous stock promoters and the naiveté of investors will go to share heaven, and the solid 5% will survive and prosper. The Stealth Investor has worked hard to filter out companies in the 5% of juniors that are more than just stock promotions.

Right now, investors are frightened and aren’t discriminating. This sector has experienced a bloodbath over the past months. Most of the juniors that have fallen through the floor are where they should be—they’re not worth anything. However, even the solid, well-funded and well-guided junior resource companies are getting sucked into the vortex. Investors are dumping the good along with the bad, at the very time they should be buying the good.

If you understand the dichotomy in the juniors market and are careful enough to sort out the few solid companies from the thundering herd of wannabes, this is perhaps the greatest period of opportunity in our lifetimes. The farther our chosen companies fall, the greater bargains they become.

TGR: What are your criteria for selecting among the juniors? Do you follow the price trend of the stock?

JP: Absolutely not. Trend following and technical analysis are money machines for brokers, but not for investors.

The most successful investors of the past century, names such as Ben Graham, John Templeton, Peter Lynch and Warren Buffett—with no exceptions that I’m aware of—ridicule the ideas of trend following and technical analysis. They are all fundamentalists. I’m a proponent of fundamentals.

What we’re looking for in a company is solid, experienced management, adequate cash and resources to reach the company’s goal, and prospective properties. As for price, we get most interested when we see that the price fallen, but the fundamentals remain strong. It’s not rocket science, it’s just common sense, and every investor has heard the clichés a thousand times—you accumulate shares when the price is down; you buy when blood is running in the streets.

But you asked about the criteria we use to select companies. My belief is that the independent investor can enjoy an arena that’s closed to the big players. So we start by looking at companies that are too small to interest institutions and brokerage firms, and thousands of others are legally verboten to licensed brokers because they are not fully registered with state and federal regulators. In general, we apply these criteria: First and foremost, we look for companies trading at a substantial discount to intrinsic value. As Warren Buffett said: "Intrinsic value is the only logical approach to evaluating the relative attractiveness of investments and businesses." Second, we search for smaller companies, micro cap or even nano cap. Generally, they’ll be under $50 million in market capitalization. Many are out there with market caps under $10 million. Third, we watch for companies that are thinly traded and not institutionally owned. This means less competition for information, and hence inefficient markets. Finally, we concentrate on companies ignored by Wall Street, and are most excited by companies that licensed brokers and advisors are prohibited from recommending because of regulatory censorship. Regarding the most important qualification, intrinsic value, we only want companies that are selling at deep discounts to book value.

In a nutshell, the companies we’re looking for must be small, and hopefully invisible to the big brokers and funds. They must have ample cash to fund their operations. They must have proven, frugal management. And they must concentrate on natural resources.

TGR: Could you give us an example?

JP: Sure. One that comes to mind is Altius Minerals Corporation (TSX: T.ALS, Stock Forum). It’s a wonderful company we added back in April 2006 when it was selling at C$6. When it hit C$20, we sold one-third of our position and recovered our capital. Right now it’s at C$4.50, which gives it a market cap of around C$140 million at the moment (a bit higher than our typical choice). It has current assets, that is, cash and cash equivalents, of $175 million, and in addition has an additional $175 million in other assets. If you could buy the entire company, you’d get an immediate 25% return on your cash, plus get all of the other assets for free. You could more than double your money by simply liquidating it. That’s what I mean by intrinsic value.

TGR: The market has been so wild. How are investors supposed to cope with that?

JP: You cope by recognizing what you don’t and can’t know. It’s not possible to know what breaking news is going to stimulate investors to buy or sell on any particular day in the future. You’d have to know that to be able to trade in the short term.

Use the approach that Graham or Buffet or Templeton would. When everyone is frightened, when blood’s running in the streets, when everyone else is selling, you help them out of their misery—you take the shares off their hands. Keep your powder dry; hold enough cash so you can continually add shares as prices fall.

The other advice I would have is, to paraphrase Omar Khayyam, pay cash and let the credit go. The most destructive illusion that investors have—and this is true in all sectors—is that they think that they can borrow money and invest it and magnify their profits. Leveraging through debt is great when markets rise, but when the credit cycle turns, leveraging is the road to failure. Look around right now. The financial battlefield is littered with the bodies of those who thought they were smart enough to get rich by leveraging. The companies we choose are not in debt, and not dependent upon borrowing to keep operations going. The majority of the prospect generators in the Stealth Investor portfolio have plenty of cash to meet their needs for months or years. They use their cash to do the preliminary exploration, take their discoveries to companies that have the deep pockets to handle developing and proving the resource. Those bigger companies take the project to the next stage. Eventually, when the resources are proven, the really big companies step in.

TGR: Cash is the big problem now. The prospect generators must be struggling to find those deeper pockets.

JP: In the natural resources sector, there’s more cash out there than you’d imagine. The big mining and oil companies—the BHPs (NYSE: BHP, Stock Forum), Barricks (TSX: T.ABX, Stock Forum), Rio Tintos (NYSE: RTP, Stock Forum), Exxons (NYSE: XOM, Stock Forum), etc.—have been raking in cash for a long time, and they’re flush. Even as their stock prices collapse in the current panic, they’re out making acquisitions. I was looking at BHP not long ago. The stock is down 50% in a few months’ time, but its net profit the last quarter was on the order of 29%. As a result, it’s cash rich and aggressively looking for new acquisitions to replenish its declining reserves.

Despite enormous hits to their share price, these big mining companies have plenty of cash to buy the little guys. All the little guys have to do is come up with the proven or probable resources, which they are doing all the time. Many of the small prospect generators have 10 to 20 prospects being explored and analyzed by their teams of geologists and geo-scientists. They’re taking samples, doing trenching, some drilling, and lots of analysis. Their cash outlay is very small. When their work suggests a high probability of a resource, they farm it out for cash or shares. This is a continuing process, so although these small prospect generators are using up cash, they’re also replenishing cash through farm-outs on a regular basis.

TGR: Some investors also may have knowledge like yours, but most of us might look at a balance sheet and maybe see a company with a good amount of cash and a favorable ratio of assets to market—but we aren’t geologists. We can’t weigh whether properties they’re prospecting will return anything. How do we know whether we can expect joint ventures and that a company will create cash flow going forward?

JP: Most investors use brokers that don’t understand geology any better than they do. Most stockbrokers have minimal knowledge of the companies they tout. One of the very few brokerage firms that knows this business is Global Resource Investments in Carlsbad, California.

Either work with an advisory service or broker that knows the industries, get on a plane or on the phone or email and talk to the people who working the project. Talk to disinterested parties who are watching these properties. Investors who want to get into the small resource companies as a genre have to find somebody, be they specialists or advisors, that they trust who are able to gather this information.

I admit that I’m not a geologist either, although I majored in it for the first two-and-a-half years in college. I’ve been in the investment business, focused on natural resources, since 1969, watching what’s going on, and writing about it. My studies in economics led me to recognize the importance of tangible wealth versus paper wealth, and that has solidified my trust in natural resources. Over the past four decades I’ve become acquainted with of hundreds of people in the industry. I have friends who finance these types of operations at the private-placement level, and friends who are geologists. I rely on others.

To be successful in this business, the investor should look for those in the industry who have a history of success over the years, and have a reputation for integrity. You find them by spending time and energy—attending conferences, talking to company managers, reading reports, and using common sense.

TGR: You mentioned Global Resource Investments. What are its credentials?

JP: It’s a remarkable company. Rick Rule founded the company and still owns it. Many of the brokers and others on the staff are geologists or mining engineers. They’re a great source for inside information and industry contacts. They have integrity, a tremendous track record, and they are fundamentalists. They don’t look for market swings and churn the market in order to earn commissions. It’s a great company, if you’ll pardon the unsolicited commercial.

TGR: Does your Stealth Investor focus pretty exclusively on mining?

JP: Not specifically. We focus on natural resources. This covers mining, energy, and any other resource that comes out of the earth. Mining would include precious metals, base metals, diamonds, phosphates for fertilizers, etc. On the other side, energy includes oil, gas, geothermal, and even low-head hydro.

As I said, I’m a believer that natural resources hold the ultimate values that society depends on. You and I and everyone else consume these things daily, and will be using them as long as we live. Although the demand for oil, gas, water, gold, copper, phosphate, etc., may fluctuate with the business cycles, the demand will never cease.

Companies always will need to find and produce those resources, and to do so they need to make a profit. That combination insures that natural resources must rise in price as the currency falls in value. That’s why I feel so comfortable with our strategy, even in the face of this credit meltdown. The meltdown affects the paper-debt markets but the real values are in things that human beings consume. They’ll always be needed.

TGR: Are you rebalancing your portfolio in light of what you see ahead in the next couple of years?

JP: Not in the sense of moving from one sector to another. I have zero confidence that society will abandon its love affair with paper money, so I’ll stick with natural resources for the foreseeable future. I’ll keep my antenna tuned towards signals from deeply undervalued companies. I don’t care what they’re looking for, whether it’s hydroelectric or phosphate or copper or gold. The prospect generator will be filling a critical role, and we’ll stick with them.

My niche is discovering companies that are small enough to be under the radar of the big funds and investment brokerage firms so that nobody knows about them. In fact, this is why we call our newsletter the Stealth Investor. We’re looking for companies that basically are unknown to broad markets.

TGR: You’re looking at the prospect generator component, which is find it, prove it, joint venture it, or sell it. If someone follows your portfolio strategies, are they looking to two or three years out before they get a return?

JP: Although we’ve had cases where we doubled or tripled our investment within a couple of months or a year, we always assume it will be eighteen months to three years before the companies we choose will meet their operating targets. No one should get into the Stealth Investor portfolio without the patience to buy and hold for at least two to three years. But to go back to your question, does it always take three years? No. Until this big credit crisis, our portfolio was showing 100%+ annual gains after the first year.

Subscribers who came in and cashed out anywhere along the way did extremely well.

This intense credit collapse has resulted in 50% to 80% drops in many companies in the portfolio. They are mouth-watering bargains. An example is Canplats Resources Corporation (TSX: V.CPQ, Stock Forum). We first bought it in June of 2006 at 22 cents Canadian and within a few months it 45 cents, so we sold half and recovered our investment. We’re still holding the other half. We were up over 1600% at one point, but kept holding because what the company was doing was clearly paying off. The company is doing exceedingly well, but the price has plunged from a high of $5.40 to around $1.25. I expect to see it at $10 when the dust settles.

These global price declines are terribly hard on the companies and their managements, but from my clients’ standpoint, it’s rather delightful. Just because the company stock is selling for half what it was six months ago, that doesn’t mean the value of the company has fallen. Not at all; it represents an opportunity. They’re sound investments and from a value viewpoint, they’re going to do very well. We’re adding to our positions in many of the companies in our portfolio.

TGR: How about some examples from your portfolio of companies that particularly intrigue you?

JP: Let’s see. One of them—a little larger than our normal company—is Sprott Resources Corporation (TSX: T.SCP, Stock Forum). We bought it in May 2006 at C$1.60. It went all the way up to $4, at which point we sold half, took some profit, and have held the rest. It’s a fabulous company with lots of cash. It’s now at about $1.80 and is a terrific bargain at that price.

TGR: Who else?

JP: Another company I like is Altius, which I mentioned earlier. They’re a little bit larger. The fellow who started it, Brian Dalton, is a genius. He was one of the discoverers of the Voisey Bay nickel deposit that Inco is now promoting. He wound up with a royalty from that, which he put in to Altius, so they have nice cash flow from this royalty.

The company has 31 million shares outstanding. At the current price of about C$4.50, it has a market cap of $140 million. It has $175 million cash in the treasury, plus another $75 million in solid assets. They are exploring in Labrador, and they have some phosphate properties. The value is tremendous, so we are a big supporter of Altius.

TGR: Do you follow Eurasian Minerals (TSX: V.EMX, Stock Forum)?

JP: Yes. It’s a well cashed-up property with good assets. The company has a current market cap of C$18 million, and has cash of $13 million, plus another $3 million in other assets, so it’s currently selling at about book value. Their activities in Turkey and Kyrgys Republic are solid, but the current promise lies in Haiti. They control over 500 square kilometers of some extremely prospective gold and copper properties there. We originally got into Eurasian about the same time we got into a couple of the others (like Sprott) back in May of 2006. We first bought it at $1.05 and then sold half of it when it got up to $2. So, basically, the remaining stock in our portfolio is free now. I do like Eurasian.

TGR: GoldQuest Mining Corporation (TSX: V.GQC, Stock Forum), too?

JP: GoldQuest has been in our portfolio only since August, so it’s a relatively new addition. We like the people and it’s small enough to fit our portfolio profile. It has really taken a beating, falling from a high of C$1.30 down to about 10 cents. Last time I looked, GoldQuest had $3 million in cash and another $5 million in properties, against a market cap of $5.5 million. So yes, a very, very solid undervalued little company.

TGR: How do investors look at two- to three- to four-year plays when they’ve just lost 25% to 30% of their asset base?

JP: Looking longer-term is the only rational way to invest, regardless of whether your portfolio has gone up or down in the short term. In the three years we’ve running the Stealth portfolio, someone who followed every recommendation would be about even, in spite of the enormous losses of the past months. In spite of our strategy being classed as speculative, the strategy has performed a heck of a lot better than the Dow and the S&P have done.

We’re very bullish about the future. We are scraping wonderful values off the bottom of the barrel at very low cost. Inflation will be the big problem ahead, but inflation is the very thing that’s going to guarantee that natural resources will be the big winner.

TGR: But won’t it also inhibit the juniors? If we have inflation, they will face two negatives—higher cost of production and lower demand.

JP: Looking at the short term, yes, demand is down. But in the intermediate term or longer, no resources will be developed unless companies can make a profit developing them. When you start losing money you go out of business. If producers go out of business, supply drops, yet there’s still a demand for copper. The price of copper has to go up. The prices of the commodities themselves must increase enough to pay for the cost of development and production.

It happened in the ’70s. In 1979 I wrote a book called The Copper Play. It argued that the cost of producing was 70 cents a pound on average and the metal is selling below that. The price of the metal had to go up. The strategy recommended in the books was to buy futures contracts on copper—a year, two years, three years out. Sure enough, boom! Eventually the supply-demand equation caught up. The companies were losing so much that they cut output, supply fell and eventually the price of copper shot up to $1.40. Those futures contracts paid off handsomely. We repeated that cycle the next time. It fell back down again, so we just went in and bought the metal again on the futures exchange. That’s the same thing that’s going to happen now.

TGR: Which brings us back to having a longer-term perspective on holding the natural resources.

JP: Yes. Don’t go in these things for the short term. That’s just a wild gamble. But anybody who goes in and has patience will see the kind of performance on a portfolio like this that will be equal over the longer term to what somebody like Buffett or Templeton achieved because they did exactly the same thing. They went in when blood was running in the streets, they kept doing that year after year after year, finding the things that were oversold, buying them at the low, and being patient. Just being patient and waiting.

TGR: You’ve been preaching the patience gospel for a long time, as well as practicing it.

JP: I’ve recently written several articles about the credit collapse, the markets, and this question of patience. I’ll put them on The Stealth Investor website as freebies for your readers. Maybe that will help them see past the hits their assets have been taking.

John Pugsley entered the investment business in the late 1960s, and started sharing some of what he’d learned through his first book, Common Sense Economics. The book sold more than 150,000 hardcover copies. The second book he penned—The Alpha Strategy: The Ultimate Plan of Financial Self-Defense for the Small Investor—spent nine weeks on the New York Times’ bestseller list and is considered a standard reference on stocking up on food and household goods as a hedge against inflation. He started Common Sense Viewpoint, an investment-economic newsletter covering political, economic and investment topics, in 1975 and published it for 10 years. At it’s peak it had over 30,000 subscribers. He then wrote and published John Pugsley's Journal, for another decade. A popular speaker and talk show guest as well as a prolific author and successful investor, he is currently pouring his experience and energy into The Stealth Investor, a weekly stock advisory that alerts subscribers to potential investments beneath the radar of the big funds and brokerage houses.

Read more Stockhouse articles by The Gold Report.

[Kostolanys Erbe]

Price Change % Change Volume Day High/Low 52 Week High/Low
0.17 +0.035 +25.93% 69,109 0.17/0.14 1.08/0.1


Last Traded:
11/4/08 15:54 EST Transaction Volume
5,000

Open
0.14 Prev. Close
0.135

Bid
0.155 Ask
0.17

Bid Size
24,500 Ask Size
7,000

kosto

ps: can$ hat in dieser woche ordentlich zugelegt.

[jensdab]

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com


NEWS RELEASE
November 5, 2008
C$129,600 FLOW-THROUGH SHARE FINANCING CLOSED


Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 1,080,000 flow-through common shares priced at C$0.12 for gross proceeds of C$129,600. The securities will be subject to a hold period expiring March 4, 2009. The proceeds will be used to fund exploration on Bitterroot’s gold projects in British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

[jensdab]

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com

NEWS RELEASE

November 5, 2008

MANITOBA COAL PERMITS WITHDRAWN, C$663,000 REFUNDED

Bitterroot Resources Ltd. (BTT, TSX-V) has withdrawn applications for Quarry (Coal) Exploration Permits covering approximately 26,000 hectares (64,000 acres) in the Province of Manitoba. Today the Mines Branch of Manitoba’s Department of Science, Technology, Energy and Mines refunded Bitterroot’s deposits totalling $663,000.

The Quarry (Coal) Exploration Permit applications were withdrawn to eliminate the associated near-term exploration funding obligations and conserve the Company’s cash reserves during this period of unprecedented declines in resource equity markets.

Bitterroot will retain its recently issued Coal Prospecting Permits covering 1,248 hectares (3,084 acres) in eastern Saskatchewan. These permits are located approximately 25 kilometres east of Hudson Bay, Saskatchewan and cover road-accessible occurrences of coal-bearing strata of the Lower Cretaceous Mannville Group.
Bitterroot’s management intends to continue funding the Company’s share of bulk sampling and exploration expenditures on the Mineral Creek, BC high-grade gold project. Drilling is also continuing on the lands subject to the Cameco uranium joint venture in Michigan.


ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

[Kostolanys Erbe]

http://www.sprott.com/pdf/marketsataglance/MAAG.pdf

interessanter artikel. viel spass beim lesen.

[Kostolanys Erbe]

http://www.thefinancialtube.com/video/1529/Max-Keiser-Comex-…

Max Keiser predicts the COMEX will crash as the huge amounts of shorts will not be able to deliver physical Gold and Silver when delivery is demanded. This will lead to huge spikes in the price of the precious metals with gold perhaps doubling in one day. It could happen.

[jensdab]

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com


NEWS RELEASE
November 18, 2008
DRILLING INTERSECTS 253 GRAMS GOLD/TONNE (7.4 OUNCES/TON) OVER 1.5 METRES (4.9 FEET) TRUE WIDTH IN EMBER VEIN

Drill-testing of the recently discovered Ember vein on Bitterroot Resources Ltd.’s (symbol BTT, TSX-V) 55%-owned Mineral Creek BC, property has intersected a continuously mineralized, 4.5 metre long high-grade core interval (1.5 metres true width) which grades 253.6 grams gold/tonne (7.4 ounces gold/ton), including one 0.5 metre-long interval which returned 719 grams gold/tonne (21 ounces gold/ton). Detailed drilling results are summarized in the table below.
Drill-location #3 – 2008, Linda-area / Ember Vein
DDH #
From (metres)
To (metres)
Interval (metres)
Estimated True Width (metres)
Au
grams/Tonne
Ag
grams/Tonne
Recovery (percent)
BTT-L53
56.3
57.0
0.7
0.35
5.75
3.8
100%
BTT-L54
49.9
51.7
1.8
1.25
7.64
1.7
100%
Including:
BTT-L54
49.9
50.3
0.4
3.08
1.2
100%
BTT-L54
50.3
50.6
0.3
28.4
3.9
100%
BTT-L54
50.6
51.6
1.0
1.12
0.7
100%
BTT-L54
51.6
51.7
0.1
28.8
7.2
100%
BTT-L54
64.3
68.8
4.5
1.5
253.6
51.7
90%
Including:
BTT-L54
64.3
65.3
1.0
480.0
81.3
100%
BTT-L54
65.3
65.7
0.4
26.0
12.6
100%
BTT-L54
65.7
66.2
0.5
719.0
170.0
100%
BTT-L54
66.2
66.7
0.5
99.0
22.7
100%
BTT-L54
66.7
67.6
0.9
35.9
8.2
80%
BTT-L54
67.6
68.1
0.5
132.0
10.4
100%
BTT-L54
68.1
68.8
0.7
205.0
53.7
50%
BTT-L55
43.85
45.3
1.45
0.9 to 1.2
10.75
3.45
100%
Including:
BTT-L55
43.85
44.85
1.0
9.8
2.0
100%
BTT-L55
44.85
45.3
0.45
12.85
6.7
100%
BTT-L55
49.25
49.5
0.25
0.13
29.0
9.3
100%
BTT-L55
53.6
53.7
0.1
0.05
60.0
3.9
100%
BTT-L55
58.35
59.75
1.4
0.7
18.05
4.01
100%
Including:
BTT-L55
58.35
58.75
0.4
46.7
11.7
100%
BTT-L55
58.75
59.2
0.45
0.607
0.5
100%
BTT-L55
59.2
59.75
0.55
11.5
1.3
100%
BTT-L55
101.3
102.2
0.9
0.5
3.0
0.9
100%
BTT-L55
123.2
123.55
0.35
0.22
42.7
10.0
100%

The discovery outcrop of the Ember vein is located approximately 120 metres south of the Linda adit. At the outcrop, the Ember vein has a true thickness of approximately 0.5 metres and was located by tracking gold-bearing quartz float material uphill and digging through overburden. Three chip samples taken across the lower, middle and upper parts of the exposed part of the Ember vein returned assays of 29.9, 41.6 and 69.7 grams gold/tonne (or 0.87, 1.21 and 2.0 ounces/ton gold).The Ember vein appears to be parallel to the Linda vein and is similarly comprised of a series of stacked, en-echelon gold-mineralized quartz-carbonate lenses and veins which trend up and down-hill from the discovery outcrop.
In the 2008 field season, 2,865 metres in 16 holes were drilled in the Linda zone from three set-ups. The best results received to date are from the third and final set-up (summarized in the table above), where eight drill holes tested the Ember vein and adjacent parts of the Linda veins. Results from the final five holes are pending. Earlier in the field season, 3,588 metres in 12 holes were drilled in three separate parts of the Gap Fault zone. This drilling intersected several narrow intervals (0.2 -0.5 metres true width) grading from 0.78 to 3.8 grams gold per tonne). Drilling has ceased for the winter, but additional drilling of the Ember vein and adjacent targets is planned to resume in the spring of 2009. Detailed results from the 2008 drilling program will be posted on the Company’s website (www.bitterrootresources.com).
In August and early September, a 360 line-kilometre VTEM airborne geophysical survey was flown over most of the Mineral Creek property. Upon completion of data processing, the survey will provide magnetic and electromagnetic data which will be used to define additional gold and base metals targets.
Bulk Sampling Update
Construction of a preliminary test-milling circuit to process +200 tonnes of mineralized rock mined from the Lower Linda vein started in June. Bitterroot’s partner and project operator, Mineral Creek Ventures Inc., has received permits to extract a 5,000 tonne bulk sample from the Linda area and has since produced approximately 620 grams (19.9 troy ounces) of coarse gold from approximately five tonnes of rock. In addition, approximately 270 kilograms of gold-bearing pyrite-rich concentrate of unknown grade remains to be processed. This material is being subjected to additional gravity-based
recovery methods prior to the first sale of gold-bearing material, which is expected shortly. Tailings are being stored for future analysis and recovery. In October, Bitterroot and Mineral Creek took delivery of new crushing equipment with a capacity of 1.35 tonnes per hour. This equipment was used to crush the remaining +200 tonnes of mineralized rock extracted from the Linda adit. This material has been moved to the Debbie tunnel, where it will be processed by milling during the winter months. A suitable mill is in the process of being ordered. Mineral Creek Ventures has cleared the site of the Linda adit of mined rock and is prepared to resume mining in the spring of 2009 or as weather conditions allow.
Mr. Michael Becherer, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project. The drill core from BTT-L55 was logged and sampled by G.A. Price, P. Geo; BTT-L53 and BTT-L54 were logged and sampled by Michael Becherer, P. Geo. Samples were assayed by ALS Chemex in North Vancouver, BC. Analysis consisted of procedure Au-AA 23 and ICP41. If Au was greater than 10ppm then samples were re-assayed by procedure Au-GRA21.

ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995

[Kostolanys Erbe]

wow! super bohrergebnisse!

http://www.bitterrootresources.com/s/NewsReleases.asp?Report…

[jensdab]

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com

NEWS RELEASE

November 25, 2008

C$420,000 FLOW-THROUGH SHARE FINANCING

Bitterroot Resources Ltd. (BTT, TSX-V) has agreed to issue 3,500,000 flow-through common shares priced at C$0.12 in a non-brokered private placement to several Canadian investors, for gross proceeds of C$420,000. The proceeds will be primarily used to fund additional drilling on the high-grade Mineral Creek gold project in British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

[jensdab]

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]
www.bitterrootresources.com

NEWS RELEASE
December 4, 2008
C$420,000 FLOW-THROUGH SHARE FINANCING CLOSED WITH MINERALFIELDS GROUP

Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 3,500,000 flow-through common shares priced at C$0.12 for gross proceeds of C$420,000. The shares plus 210,000 broker warrants will be subject to a hold period expiring April 3, 2009. The shares were placed with four limited partnerships administered by MineralFields Group. The proceeds will be used to fund additional drilling on the high-grade Mineral Creek gold project in British Columbia.
MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund that offers tax-advantaged super flow-through limited partnerships to investors throughout Canada and hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar hard dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both within, and outside of MineralFields Group.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

[Kostolanys Erbe]

great news:



mehr unter der homepage

http://www.bitterrootresources.com/s/NewsReleases.asp?Report…

Tue Dec 9, 2008
Drilling Intersects 283 Grams Gold/Tonne (8.28 Ounces/Ton) Over 1.25 Metres (4.1 Feet)

--------------------------------------------------------------------------------

Drilling of the recently discovered Ember vein on Bitterroot Resources Ltd.'s (symbol BTT, TSX-V) 55%-owned Mineral Creek, BC property has intersected a 1.25 metre core interval which grades 283 grams gold/tonne (8.28 ounces gold/ton), including one 0.35 metre (1.15 feet) interval which returned 998 grams gold/tonne (29.1 ounces gold/ton). This is the highest grade interval yet encountered in drilling of the Ember Vein (see attached map). Detailed drilling results are summarized in the table below.

<center>Drill-location #3 -- 2008, Linda Zone / Ember Vein


kosto

[Kostolanys Erbe]

...und thom calandra meldet sich...

http://www.stockhouse.com/Columnists/2008/December/10/-Excep…


Ticker Trax by Thom Calandra gave heads-up on B.C. vein

A small gold and uranium miner profiled in our Ticker Trax by Thom Calandra says it has unearthed evidence of a streak of thick gold in fresh drilling on its Vancouver Island vein, not far from the rustic town of Port Alberni.

Ticker Trax By Thom Calandra, our subscription service, profiled the company and the project with photographs and interviews one week ago.

Bitterroot Resources’ (TSX: V.BTT, Stock Forum) drilling returned grades at an average of eight ounces of gold per ton and as much as 29 ounces a ton. Mike Carr’s Ember vein on a property it owns 55% is “exceptional,” one highly noted gold expert tells me. The rich grades compare to larger deposits at Canada’s Red Lake in Balmertown, northern Ontario, at Bema Gold’s Russia property and at Barrick’s Eskay Creek in northern British Columbia.

Carr, Bitterfroot’s CEO, has been running the tiny Canadian company since the early 1990s and recently completed a small flow-through financing to keep the lights on at gold, silver and uranium projects in British Columbia, the U.S. state of Michigan and Canada’s Quebec.

What might set the Bitterroot property on Vancouver Island in British Columbia apart from other high-grade drilling one sees occasionally in company updates is the ease with which Carr says the rock can be turned to gold.

Indeed, Carr tells Ticker Trax, at length, that he already has arranged gold sales that will take place before the end of 2008.

“The numbers speak for themselves; they are exceptional,” Robert Bishop, the former newsletter editor of Gold Mining Stock Report, tells me.

I intend to provide more material in the next issue of Ticker Trax, a subscription service. Those who belong to the Ticker Trax service know I have yet to add the penny-ante shares of Bitterroot, whose market worth in Canada trading is less than $10 million, to the list of planetary prospects that offer extreme risk and possible rewards. (I do not own any Bitterroot shares.)

For that to happen, Ticker Trax members, who now belong to a Ticker Trax discussion group on Stockhouse, know what has to happen. (See: www.tickertrax.com.)

I’d like to take a quick moment to include here a reminder that the Ticker Trax price next week will rise from its charter price of $199 a year. Charter members, and there are a few now, will be included in a range of activities that Ticker Trax and Stockhouse plan to arrange over coming months and years. (Mmmmm, I can smell the thin-crust gorgonzola pizza already!)

For those who already are IN, I just wanted to say thanks -- xie-xie/spasibo -- for signing up for our new investors' service at the charter price of $199 (regular price $400). Once you complete the purchase of your subscription, you‘ll have access to 30-plus issues throughout the year, including our second issue: Welcome to our sub-culture, which is available now.

Those of you still sitting on the fence -- I understand. Even $199 (U.S.) can be a stretch for many of us. Still, remember that this special pricing is only being offered until next week.

I've already had folks -- new and former readers of mine -- sign onto Ticker Trax from Canada, the U.S., South Africa, and Indonesia. I hope you will, too.

I look forward to sharing ideas with all of you. We hope that Ticker Trax one day functions as a tightly knit group of folks from around the planet: people who are not ashamed of wealth, people who enjoy a good meal, and people who know how to value friendship and family.

I cannot guarantee the wealth part, but I am going to do everything in my power to deliver several powerful prospects during the course of 12 months. I can guarantee that I will be personally available to all of you: at conferences, here at home, with pizza and pancakes and of course, via telephone and electronic mail.

I hope to see many of you on the Ticker Trax. Again, dank je wel ... domo arigato ... and nos vemos!

Yours in Tiburon, California, THOM CALANDRA.


btt is the place to be!
kosto

[Kostolanys Erbe]

Fri Dec 12, 2008
C$240,000 Flow-Through Share Financing

--------------------------------------------------------------------------------

Bitterroot Resources Ltd. (BTT, TSX-V) has agreed to issue 2,000,000 flow-through common shares priced at C$0.12 in a non-brokered private placement to a Canadian investor, for gross proceeds of C$240,000. The proceeds will be primarily used to fund additional drilling on the high-grade Mineral Creek gold project in British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

[Kostolanys Erbe]

hi leute,

ticker trax 3 zu btt ist raus...daher heute die umsätze.

Price Change % Change Volume Day High/Low 52 Week High/Low
0.11 +0.005 +4.76% 152,500 0.12/0.105 1.08/0.09


Last Traded:
12/15/08 13:45 EST Transaction Volume
500

Open
0.12 Prev. Close
0.105

Bid
0.11 Ask
0.12

Bid Size
34,500 Ask Size
22,500

Market Cap (Mil)
6.41 Shares Out (mil)
58.30

kosto

[Kostolanys Erbe]

hi leute,

nettes finish heute bei btt:

Price Change % Change Volume Day High/Low 52 Week High/Low
0.185 +0.065 +54.17% 185,000 0.185/0.11 1.08/0.09


Last Traded:
12/30/08 15:56 EST Transaction Volume
3,000

Open
0.11 Prev. Close
0.12

Bid
0.12 Ask
0.2

Bid Size
60,000 Ask Size
3,000

Market Cap (Mil)
10.78 Shares Out (mil)
58.30

Signal
StockScore
48 Sentiment
StockScore
44

Industry:
BASIC MATERIALS - METALS & MINING

Das Jahr 2009 wird sicherlich ganz spannend mit BTT und ich denke sehr erfolgreich. Michael Carr und sein Team werden durch ihre Arbeit beweisen, das BTT mit seinen Projekten unterbewertet ist.
Schaut mal auf die Homepage von BTT!! der erste Goldbarren aus dem Mineral Creek Projekt wurde gegossen

Wünsche allen einen guten Rutsch ins neue Jahr 2009, vor allem Gesundheit und viel Erfolg mit BTT!

Kosto

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 36.010.358 von jensdab am 19.11.08 22:11:29

widerstand 0,25 can$ muss genommen werden....



kosto

ps: hoffentlich bei guten news und bei guten volumen !

[jensdab]

NEWS RELEASE
February 9, 2009

BITTERROOT INCREASES OWNERSHIP OF MINERAL CREEK PROJECT TO 75 PERCENT

Bitterroot Resources Ltd. (BTT, TSX-V) has increased its ownership interest in the high-grade Mineral Creek gold project near Port Alberni, British Columbia to 75 percent. Bitterroot has earned its 75 percent interest in the 6,960 hectare (17,200 acre) Mineral Creek property by completing over C$2,000,000 of exploration expenditures, making cash payments totaling C$260,000 and issuing 650,000 common shares to the vendor over a four year period.
In 2009, Bitterroot and its partner, Mineral Creek Ventures Inc., plan to;
1. continue exploring the high-grade Ember and Linda veins with a program of close-spaced drilling designed to establish a resource compliant with NI 43-101 reporting standards,
2. continue bulk sampling, processing and recovering gold from mineralized vein material from the Linda and other veins under existing permits which allow for extraction of up to 5,000 tonnes of material,
3. initiate the acquisition of permits to mine and process, by gravity-based recovery techniques, larger tonnages of high-grade gold-bearing vein material,
4. subject to financing, drill-test additional targets identified by previous drilling, prospecting and recently completed VTEM airborne geophysical surveys.
Field work is currently expected to begin in April and continue until November, as snow conditions allow.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

[Kostolanys Erbe]

aus stockhouse:

This is an excerpt from the recent project update that may have been easily missed by some readers. This is key to Bitterroot becoming self financing.


"...This material will be subject to grinding in a recently-purchased ball mill and processed by
gravity techniques to produce gold concentrates. The crushing and grinding system is expected to

sustain significantly higher throughput and gold production in 2009."

[Kostolanys Erbe]

auszug aus dem letzten bericht:
http://www.bitterrootresources.com/i/pdf/Q12009.pdf


Results of Operations

Mineral Creek Gold Project, British Columbia
Bulk Sample - In December 2008, 24 ounces of gold was sold and Bitterroot received C$12,146
for its 50 percent share of the proceeds. During the quarter, Bitterroot’s partner Mineral Creek
Ventures Inc. (MCVI) crushed approximately 200 tonnes of mineralized rock prior to the onset
of winter conditions. A ball mill with a throughput of approximately one tonne per hour is
currently being installed. In April 2009, MCVI plans to resume production of gold concentrates.
Mining at the Linda zone is expected to resume in May 2009, as snow conditions permit.
Bitterroot and MCVI share the costs and proceeds from the first 2,500 tonnes of material mined
from the Linda zone on a 50/50 basis, with the next 2,500 tonnes costs and proceeds shared on a
55% Bitterroot – 45% MCVI basis.
Exploration – Bitterroot has increased its ownership in the Mineral Creek property to 75
percent. Bitterroot earned its 75 percent interest in the 6,960 hectare (17,200 acre) Mineral Creek
property by completing over C$2,000,000 of exploration expenditures, making cash payments
totaling C$260,000 and issuing 650,000 common shares to the vendor over a four year period.
In 2008, the Ember vein was discovered approximately 120 metres south of, and striking
approximately parallel to the Lower Linda vein. Drilling intersected high-grade gold
mineralization, including a 1.25 metre core interval which grades 283 grams gold/tonne (8.28
ounces gold/ton). Detailed drilling results are summarized in the Company’s news release dated
December 9, 2008. Drilling of the Lower Linda and Ember veins is expected to resume in May
2009, as snow conditions permit. In calendar 2009, Bitterroot and Mineral Creek plan to:
1. continue exploring the high-grade Ember and Linda veins with a program of close-spaced
drilling designed to establish a resource compliant with NI 43-101 reporting standards,
2. continue bulk sampling, processing and recovering gold from mineralized vein material
from the Linda and other veins under existing permits which allow for extraction of up to
5,500 tonnes of material,
3. initiate the acquisition of permits to mine and process, by gravity-based recovery
techniques, larger tonnages of high-grade gold-bearing vein material,
4. subject to financing, drill-test additional targets identified by previous drilling,
prospecting and recently completed VTEM airborne geophysical surveys.
In the quarter ended January 31, 2009, Bitterroot spent $127,561 on the Mineral Creek project,
net of stock-based compensation and recoveries, mainly on option payments and geological
consulting. Mr. P.E. Michael Becherer, P.Geo is the Qualified Person responsible for the design
and implementation of exploration programs on the Mineral Creek project.


Michigan Uranium Joint Venture
In December 2009, Bitterroot and Cameco Corporation completed a 17-hole, 2,360-metre core
drilling program. Drilling tested several basement-hosted conductive (graphitic) zones which are
unconformably overlain by Proterozoic-age sandstones. Results from the drilling program are
currently being compiled and analyzed. Cameco has completed earning a 65% working interest
in a 56 square-mile area of interest, with Bitterroot retaining a 35% working interest.
In the quarter ended January 31, 2008, Bitterroot spent $509,087 on its Michigan projects, net of
stock-based compensation, mainly on drilling and consulting and professional costs. Cameco
refunded approximately $516,572 of exploration costs during the period. Mr. Jeffrey Lynott,
P.G. is the Qualified Person responsible for the design and implementation of exploration
programs on the Michigan Uranium joint venture.


North Brenda Copper/Molybdenum/Gold Project, British Columbia
Three areas with anomalous gold-in-soil on the northern part of the North Brenda property were
explored with soil geochemical surveys and geological mapping in late 2008. Follow-up
prospecting has identified mineralized quartz vein float which returned 0.8 g/t Au and 36 g/t Ag
from a sample of altered granodiorite with limonitic boxwork and quartz veinlets. This is the
type of alteration seen adjacent to the high-grade gold-bearing veins at the nearby Elk/Siwash
gold deposit. Trenching of these road-accessible gold targets is planned in the summer of 2009.
In the quarter ended January 31, 2009, Bitterroot spent $10,546 on the North Brenda project, net
of stock-based compensation, mainly on geological consulting. Mr. Charles Greig, P.Geo is the
Qualified Person responsible for the design and implementation of exploration programs on the
North Brenda project.


SPN Copper/Gold Project, British Columbia
The SPN property has potential for volcanogenic massive sulphide mineralization similar to that
found elsewhere on the Adams Plateau. Analysis of over 1,000 soil samples collected in 2008
has been deferred to the first half of 2009. Limited work is currently planned on the SPN project
in 2009 due to funding constraints.
In the quarter ended January 31, 2009, Bitterroot spent $12,661 on the SPN project, net of stockbased
compensation, mainly on an option payment and geophysics. Mr. Charles Greig, P.Geo is
the Qualified Person responsible for the design and execution of exploration programs on the
SPN project.

Big Southeaster Gold/VMS Project, British Columbia
Airborne geophysical (VTEM) surveys and analysis of previous drilling results has identified
several new drill targets on the property. No field work is currently planned on the Big
Southeaster project in 2009 due to funding constraints.
In the quarter ended January 31, 2009, Bitterroot spent $5,630 on the Big Southeaster project, net
of stock-based compensation, mainly on the acquisition of additional claims. Mr. John Wilson,
P.Geo is the Qualified Person responsible for the design and implementation of the exploration
program on the Big Southeaster project.


GK Gold/Silver Project, British Columbia
In early 2008, drilling on the Hornet zone returned several gold-mineralized intervals which have
been recommended for follow-up work. Limited work is currently planned on the GK project in
2009 due to funding constraints. During the year, the Company made its final $25,000 payment
to the vendors and now owns 100% of the GK claims.
In the quarter ended January 31, 2009, Bitterroot spent $8,546 on the GK Project, net of stockbased
compensation, mainly on geological consulting. Mr. Charles Greig, P.Geo is the Qualified
Person responsible for the design and implementation of exploration programs on the GK
project.

Saskatchewan/Manitoba Coal Project
Bitterroot holds Coal Prospecting Permits covering 1,248 hectares (3,084 acres) in eastern
Saskatchewan. These permits are located approximately 25 kilometres east of Hudson Bay, SK
and cover road-accessible occurrences of coal-bearing strata of the Lower Cretaceous Mannville
Group. The Company’s management is currently reviewing its options for exploring these lands.
In November 2008, The Mines Branch of Manitoba’s Department of Science, Technology,
Energy and Mines refunded Bitterroot’s deposits totalling $663,068, for previously withdrawn
Quarry (Coal) Exploration Permits.


Financial Condition
At January 31, 2009, Bitterroot had working capital of $2,289,385, which included accounts
receivable of $765,636 due from the BC Mineral Exploration Tax Credit (METC) program
(received after the end of the quarter), accrued interest of $20,367 and $63,414 due from GST
refunds. Resource properties had a book value of $13,558,265 compared to $13,887,432 at the
beginning of the quarter. The decline in book value was caused by the application of METC
refunds and other recoveries, which exceeded resource property expenditures during the period.
For the three months ended January 31, 2009, cash inflows exceeded cash outflows by
$1,144,312, which when combined with the $381,957 cash balance at the beginning of the year,
resulted in a cash position of $1,526,269. Cash outflows were comprised principally of resource
property expenditures of $674,031 (excluding recoveries from Cameco and METC) and
operating expenses of $71,465 (net of stock-based compensation and amortization).

[Kostolanys Erbe]

aus stockhouse:


WIth 5oz gold per ton and 5oz siver per ton (based on the 1rst 5 tons processed so far) you can calculate how much money BTT will take in with the bulk sample.

5000 tons x 5oz = 25,000oz X $900.00 = $22,500,000 Gold
5000 tons x 5oz = 25,000oz x $12.00 = $300,000 Silver

$22,800,000 x 55% (btt share) = $12,540,000.

Now that is a valuable bulk sample. Couple that with more confirmation via drill results and the numbers get more and more staggering.

BTT IS THE PLACE TO BE.

[Kostolanys Erbe]

CA:BTT Bitterroot Resources Ltd. (TSXV) Delayed quote data 4/24/2009
hide quote detailed quote options chain chart help


Last:
0.155 Change:
+0.035 Open:
0.125 High:
0.155 Low:
0.125 Volume:
118,500
Percent Change:
+29.17% Yield:
n/a P/E Ratio:
n/a 52 Week Range:
0.09 to 1.08

[Kostolanys Erbe]

Mal sehen, ob wir bald mal news bekommen...


Heute bei geringen Umsätzen aufwärts.

Price Change % Change Volume Day High/Low 52 Week High/Low
0.20 +0.035 +21.21% 34,000 0.2/0.17 1.08/0.09


Last Traded:
5/8/09 10:36 EST Transaction Volume
1,000

Open
0.17 Prev. Close
0.165

Bid
0.175 Ask
0.195

Bid Size
27,000 Ask Size
500

Market Cap (Mil)
13.07 Shares Out (mil)
65.37

Signal
StockScore
62 Sentiment
StockScore
60

Industry:
BASIC MATERIALS - METALS & MINING

kosto

[jensdab]

Antwort auf Beitrag Nr.: 37.132.901 von Kostolanys Erbe am 08.05.09 19:05:24

Da sind sie, die NEWS, nach Börsenschluss per email erhalten.

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
tel [phone], fax [phone]
www.bitterrootresources.com

NEWS RELEASE
May 11, 2009
BITTERROOT INCREASES OWNERSHIP OF MINERAL CREEK PROJECT TO 100 PERCENT

Bitterroot Resources Ltd. (BTT, TSX-V) and Mineral Creek Ventures Inc. have entered into an agreement whereby Bitterroot will increase its ownership of the Mineral Creek gold property in British Columbia from 75 percent to 100 percent. Bitterroot will acquire the additional 25 percent interest in the Mineral Creek gold property by issuing 2,000,000 common shares and granting a 0.5 percent net smelter returns royalty to Mineral Creek Ventures Inc.
Mineral Creek Ventures Inc. will retain the right to;

1. remove a 2,500 tonne bulk sample from the Linda Zone, with the costs and proceeds shared by Bitterroot and Mineral Creek Ventures Inc. on a 50/50 basis,

2. remove an additional 2,500 tonne bulk sample from the Linda Zone, with the costs and proceeds shared by Bitterroot and Mineral Creek Ventures Inc. on a 55/45 basis,

3. remove a 500 tonne bulk sample from the 900 Zone, with the costs and proceeds shared by Bitterroot and Mineral Creek Ventures Inc. on a 50/50 basis.

Bitterroot has also increased its ownership in four adjoining, privately-held claims from 75 percent to 100 percent by issuing 34,000 common shares to the vendor.

In April, Mineral Creek Ventures Inc. crews resumed work on the bulk sampling program. A ball mill with a capacity of approximately one tonne per hour is currently being installed. Mining, processing and exploration drilling activities are expected to resume in May. Drilling will test the high-grade Ember and Linda veins with a program of close-spaced drilling designed to establish a resource compliant with NI 43-101 reporting standards.

Bitterroot’s acquisition of the remaining 25 percent interest in the Mineral Creek property and adjoining claims is subject to the approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

[Kostolanys Erbe]

Das sind doch sehr gute news


genau richtig was das management macht...

destinator aus stockhouse beschreibt es...Selbstfinanzierung!

kosto

The amount of tons in the bulk sample have not changed. The original ownership of the bulk sample has not changed. What has changed is that we now own 100% of one of the highest grade gold finds I have ever seen. What I did not see coming is the increased ownership. That was a great surprise.

As for the bulk sample, originally it was announced as 5000 tons at Linda. See points 1 and 2 in the news release.

So far they have only processed 5 tons that pertain to point 1. They pulled approx 5 oz gold and 5 oz silver per ton from those 5 tons. They have crushed an additional 195 tons but not yet separated the gold. That is what the Ball mill is for. I presume that they will continue mining more ore once the remaining 195 tons are processed with the Ball mil. If they continue getting 5 oz gold and 5 oz silver and assuming that they work an 8 hour day at 1 ton per hour they will be getting 40 oz of gold and 40 oz of silver per day. Can you spell SELF FINANCING? Can you spell BIG PROFITS?


Point 3 implies that they added 500 tons to the bulk sample quantity to test another zone.

I think the NI43101 approach is a necessary step that is taking this company to the big times. While this part is not new the reafirmation of the intent including Ember is very good news indeed.

BTT IS THE PLACE TO BE.

[Kostolanys Erbe]

news:

Tue May 19, 2009
Bitterroot Resources And Westbank First Nation Sign Memorandums Of Understanding

--------------------------------------------------------------------------------

Bitterroot Resources Ltd. (BTT, TSX-V) and the Westbank First Nation (WFN) have entered into two Memorandums of Understanding (MOUs) covering Bitterroot's exploration activities on its North Brenda and GK gold and base metals exploration projects in south-central British Columbia. The North Brenda and GK projects are located within the WFN Harvest and Governance Areas which are part of the larger Okanagan Nation Traditional Territory. Bitterroot and WFN have entered into the MOUs to establish the basis for a positive long-term relationship founded upon:
respect for the legitimate interests of both parties,
consultation with WFN and
accommodation of WFN Aboriginal rights.
If Bitterroot's exploration activities on the North Brenda or GK properties lead to mine development, WFN and Bitterroot have agreed to negotiate an Impact Benefits Agreement with a view to creating economic, employment and social benefits for WFN and its members and providing for consideration of potential business relationships between Bitterroot and WFN.

The Board of Directors and management of Bitterroot Resources Ltd. wishes to thank Chief Robert Louie and the members of the WFN Council for their support of Bitterroot's exploration activities in the WFN Governance Area.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

[Kostolanys Erbe]

müssten bald news kommen...

In April, Mineral Creek Ventures Inc. crews resumed work on the bulk sampling program. A ball mill with a capacity of approximately one tonne per hour is currently being installed. Mining, processing and exploration drilling activities are expected to resume in May. Drilling will test the high-grade Ember and Linda veins with a program of close-spaced drilling designed to establish a resource compliant with NI 43-101 reporting standards.


kosto

[Kostolanys Erbe]

aus stockhouse

The drills are turning at Mineral Creek and have been for over a week.

This drilling program is to be used for a 43 101 compliant resource calculation

The Michigan Uranium results have just been received by the company and Cameco and a meeting will
be held shortly to go over the results and interpret same with BTT and CCO and then discuss where it goes from here.

The bulk sample processing is proceeding as we speak

Looking Good to me so keep the faith

Candykid

[Kostolanys Erbe]

aus dem letzten q-bericht vom 27.6.09


http://www.bitterrootresources.com/i/pdf/fsapril2009.pdf


Results of Operations
Mineral Creek Gold Project, British Columbia
Bulk Sample – During and subsequent to the second quarter, Bitterroot’s partner and project
operator Mineral Creek Ventures Inc. (MCVI) installed a 10 tpd ball mill and associated
electrical equipment and began processing stockpiled crushed mineralized rock from the Linda
zone. As a result, production of gold-bearing concentrates has resumed. MCVI anticipates that mining of high-grade material from the Linda zone will resume in July. Bitterroot and MCVI share the costs and proceeds from the first 2,500 tonnes of material mined from the Linda zone on a 50/50 basis, with the next 2,500 tonnes costs and proceeds shared on a 55% Bitterroot –45% MCVI basis.
Exploration – On May 11, 2009, Bitterroot increased its ownership in the Mineral Creek property to 100 percent by issuing 2,034,000 shares and granting a 0.5 percent NSR royalty to
the vendors. Drilling of the Ember vein resumed on May 29. Since that time approximately 1,200
metres has been drilled in eight holes, with assay results pending. In 2009, Bitterroot and Mineral Creek plan to;

1. continue exploring the high-grade Ember and Linda veins with a program of close-spaced
drilling designed to establish a resource compliant with NI 43-101 reporting standards,
2. continue bulk sampling, processing and recovering gold from mineralized vein material
from the Linda and other veins under existing permits which allow for extraction of up to
5,000 tonnes of material,
3. initiate the acquisition of permits to mine and process, by gravity-based recovery
techniques, larger tonnages of high-grade gold-bearing vein material,
4. subject to financing, drill-test additional targets identified by previous drilling,
prospecting and recently completed VTEM airborne geophysical surveys.

In the six months ended April 30, 2009, Bitterroot spent $201,129 on the Mineral Creek project, net of stock-based compensation and recoveries, mainly on option payments, milling and
associated equipment and geological consulting. Mr. P.E. Michael Becherer, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the
Mineral Creek project.

vg
kosto

[Kostolanys Erbe]

anbei noch mal die letzte news:

Wed Jul 29, 2009
C$218,790 Flow-Through Share Financing Closed

Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 1,287,000 flow-through common shares priced at C$0.17 for gross proceeds of C$218,790. The shares plus 54,000 broker warrants will be subject to a hold period expiring November 27, 2009. The proceeds will be used primarily to fund additional drilling on the high-grade Mineral Creek gold project in British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director



Müssten bald die news aus dem bulk sample kommen....

kosto

[Kostolanys Erbe]

Wir warten weiter auf news...

- Bulk sampling
- Drilling results
- Permits for expanded production
- 43-101 resource estimates


Drilling of the Ember vein resumed on May 29. Since that time approximately 1,200 metres has been drilled in eight holes, with assay results pending.

kosto

[Kostolanys Erbe]

NEWS:

Hier der Finanz- und MD&A Bericht:
http://www.bitterrootresources.com/i/pdf/july312009.pdf

News wurden negativ bei schwachen Volumen aufgenommen:
Kurz zusammengefasst:

- die 10 Tonnen/pro Tag Verarbeitungsmaschine schaffte nur im Schnitt 3- 5 Tonnen am Tag zu verarbeiten wg. Wasserkanppheit / sehr trockener Sommer

- noch keine news bzw. weitere Ergebnisse aus dem joint venture mit Cameco

- eine neue Ader wurde entdeckt
Recent drilling of the Ember vein has intersected another quartz vein approximately 0.5 metres thick, which contains visible gold. This new hanging-wall vein is located approximately 30m south of the Ember vein.

- Ergebnissen aus 24 Bohrlöchern stehen noch aus...
Assay results are pending for 24 additional drill holes.


- North Brenda Projekt zeigt Gold leider in keiner anderen news vorher berichtet.....so ist er der Mr. Carr....kein Promoter

The North Brenda property has demonstrated potential for the discovery of high-grade gold veins plus sizeable areas of disseminated copper-molybdenum mineralization. In July 2009, nine trenches were excavated to test two areas which host anomalous gold and silver in soil. The anomalies measure approximately 400 metres by 150 metres and are located about 500 metres apart, along a northeast-trending magnetic low that may be associated with a major fault zone. The soil anomalies are situated largely within clear-cut logged areas that have excellent road access.
In trench TR09-01A, a 30 centimetre-wide zone of clay-rich fault gouge, quartz veins and disseminated pyrite assayed 71.4 g/t gold and 24.4 g/t silver. Selected samples of the quartz vein material within this zone assayed up to 187.5 g/t gold and 71.8 g/t silver. The mineralized structure has been traced by trenching over a length of 170 metres within altered granodiorite host rocks

Bitterroot Resources Ltd
Symbol BTT
Shares Issued 69,432,044
Close 2009-10-01 C$ 0.12
Recent Sedar Documents



Bitterroot drills 3 m of 2.33 g/t Au and 4.12 g/t Ag


2009-10-02 02:44 ET - News Release

Mr. Michael Carr reports

MINERAL CREEK GOLD PROJECT UPDATE

Bitterroot Resources Ltd. has released an overview of its Mineral Creek gold project in British Columbia.

Bulk sample

During the spring and early summer of 2009, the bulk sample project operator Mipoz Geological Inc. installed a 10-tonne-per-day ball mill, table and associated electrical equipment, and began processing mineralized rock mined from the Linda zone at a rate of approximately three to five tonnes per day. Mipoz has since milled approximately 150 tonnes of stockpiled, crushed mineralized rock which had been mined in late 2008. This diluted mineralized rock graded approximately 0.5 ounce per ton to 0.75 ounce per ton gold. In August, 2009, a dore bar weighing 30.9 troy ounces was poured from 40.4 troy ounces of concentrate. The dore bar assayed 77.77 per cent gold and 18.47 per cent silver. The bullion was subsequently sold for gross proceeds of $24,283. A significant amount of gold is yet to be recovered from approximately one tonne of sulphide-rich concentrates, which is currently being processed. Since completion of processing of the stockpiled rock mined in 2008, an additional 70 metric tonnes of undiluted mineralized rock and 140 metric tonnes of waste rock have been mined. Mipoz has also drilled off another 60 metric tonnes of mineralized vein material which is ready for blasting. Crushing activities have resumed following re-establishment of the water supply. Mining and crushing activities are expected to continue until the onset of winter weather. Bitterroot and Mineral Creek Ventures Inc. share the costs and proceeds from the first 2,500 tonnes of material mined from the Linda zone on a 50/50 basis, with the next 2,500-tonne costs and proceeds shared on a 55-per-cent Bitterroot/45-per-cent MCVI basis.

Exploration

Definition drilling of the Ember vein resumed on May 29. As of the date of this report, over 6,000 metres have been drilled in 58 core holes and drilling is still in progress. Drill spacing is relatively tight, with a horizontal and vertical distance of 10 to 15 metres between holes. The Ember vein has now been outlined along a strike length of 130 metres and along a dip length ranging from 40 metres to 80 metres. The vein's thickness ranges from a few centimetres to two metres and gold grades vary from traces up to 200 grams of gold per tonne. Recent drilling of the Ember vein has intersected another quartz vein approximately 0.5 metre thick, which contains visible gold. This new hangingwall vein is located approximately 30 metres south of the Ember vein. Visible gold has been noted in additional drill holes intersecting the Ember vein, results are pending. During the remainder of the 2009 field season, Bitterroot plans to complete the Ember vein definition drilling program and drill test the area south of the Ember vein.


DRILL LOCATION NO. 1-2009 EMBER VEIN

DDH No. From To Interval Estimated Au Ag Recovery
(metres) (metres) (metres) true width (g/t) (g/t) (%)
(metres)

BTT-E01 98.8 101.8 3 2.9 2.33 4.12 100%
incl.
BTT-E01 98.8 99.5 0.7 1.16 2.6 100%
BTT-E01 99.5 100.2 0.7 1.46 1.4 100%
BTT-E01 100.2 100.8 0.6 2.5 2.1 100%
BTT-E01 100.8 101.3 0.5 4.51 1.5 100%
BTT-E01 101.3 101.8 0.5 2.75 15.1 100%
BTT-E01 105.15 105.32 0.17 0.15 11.25 5.1 100%
BTT-E05 108.4 108.6 0.2 0.1 7.79 3.9 100%
BTT-E05 110.6 111.1 0.5 0.2 14.65 2.8 95%
BTT-E06 98.8 102.4 3.6 2.8 14.33 8.29 95%
incl.
BTT-E06 98.8 99.1 0.3 23.8 4 90%
BTT-E06 99.1 100 0.9 0 0 100%
BTT-E06 100 100.6 0.6 0.376 0.2 100%
BTT-E06 100.6 100.75 0.15 200 79.6 100%
BTT-E06 100.75 101.75 1 1.365 0.2 100%
BTT-E06 101.75 102.15 0.4 29.9 40.6 100%
BTT-E06 102.15 102.4 0.25 3.26 0.6 100%
BTT-E07 105.5 105.75 0.25 0.15 55.7 12.3 100%
BTT-E08 118.25 118.5 0.25 0.1 7.35 1.8 100%
BTT-E09 123.15 124.25 1.1 0.9 2.04 0.6 100%
incl.
BTT-E09 123.15 123.35 0.2 1.115 0.9 100%
BTT-E09 123.35 123.8 0.45 0.977 0.5 100%
BTT-E09 123.8 124.25 0.45 3.52 0.6 100%
BTT-E10 101.3 101.8 0.5 0.5 9.11 3.3 100%
BTT-E11 105.55 105.75 0.2 est. 0.1 9.29 1.8 est. 80%
BTT-E12 108.6 110.5 1.9 1.9 1.49 0.55 100%
incl.
BTT-E12 108.6 109.4 0.8 1.43 0.5 100%
BTT-E12 109.4 109.9 0.5 0.552 0.2 100%
BTT-E12 109.9 110.3 0.4 2.6 0.8 100%
BTT-E12 110.3 110.5 0.2 1.86 1.1 100%
BTT-E13 114.6 115.2 0.6 0.45 17.45 2.2 100%
BTT-E14 121.6 122.2 0.6 0.4 11.85 1.3 100%
BTT-E15 119.45 119.75 0.3 0.15 5.72 1.9 100%
BTT-E15 128.35 128.7 0.35 0.25 3.23 1.4 100%

DRILL LOCATION NO. 2-2009 EMBER VEIN

DDH No. From To Interval Estimated Au Ag Recovery
(metres) (metres) (metres) true width (g/t) (g/t) (%)
(metres)

BTT-E17 65 65.15 0.15 0.1 31.8 4.3 100%
BTT-E17 76.95 79.6 2.65 2 1.56 5.98 95%
incl.
BTT-E17 76.95 77.5 0.55 1.89 9.8 100%
BTT-E17 77.5 77.9 0.4 1.855 12.8 100%
BTT-E17 77.9 78.5 0.6 1.375 2.4 100%
BTT-E17 78.5 78.75 0.25 1.72 6.9 95%
BTT-E17 78.75 79.3 0.55 1.03 1.7 100%
BTT-E17 79.3 79.6 0.3 1.77 4.1 95%
BTT-E18 64.8 66.3 1.5 1 7.41 2.03 100%
incl.
BTT-E18 64.8 65.6 0.8 9.95 1.7 100%
BTT-E18 65.6 66.3 0.7 4.5 2.4 100%
BTT-E23 55.7 56 0.3 0.3 17.1 2 100%
BTT-E25 64.2 67.6 3.4 2.5 1.52 0.8 100%
incl.
BTT-E25 64.2 64.9 0.7 1.035 0.9 100%
BTT-E25 64.9 65.9 1 0.905 0.7 100%
BTT-E25 65.9 66.3 0.4 1.295 1.2 100%
BTT-E25 66.3 67.6 1.3 2.34 0.7 100%
BTT-E26 53.2 53.65 0.45 0.4 8.65 1.4 100%
BTT-E30 63.1 63.35 0.25 0.2 63.8 16.1 100%
BTT-E31 66.7 67.1 0.4 0.35 5.59 1.1 100%
BTT-E34 57.75 59.75 2 1.2 8.27 20.73 100%
incl.
BTT-E34 57.75 58.5 0.75 3.26 3.8 100%
BTT-E34 58.5 59 0.5 8.76 65.8 100%
BTT-E34 59 59.75 0.75 12.95 7.6 100%


Michael Becherer, PGeo, is the qualified person responsible for the design and implementation of exploration programs on the Mineral Creek project. The drill core was logged and sampled by G.A. Price, PGeo. Samples were assayed by ALS Chemex in North Vancouver, B.C. Analysis consisted of procedure Au-AA 23 and ME-ICP41. If gold was greater than 10 parts per million, then samples were reassayed by procedure Au-GRA21.




Kosto

[jensdab]

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
tel [phone], fax [phone]
www.bitterrootresources.com

NEWS RELEASE
October 1, 2009
MINERAL CREEK GOLD PROJECT – UPDATE

Bulk Sample – During the spring and early summer of 2009, the bulk sample project
operator Mipoz Geological Inc. (Mipoz) installed a 10 tpd ball mill, table and associated
electrical equipment and began processing mineralized rock mined from the Linda zone
at a rate of approximately 3-5 tonnes per day. Mipoz has since milled approximately 150
tonnes of stockpiled, crushed mineralized rock which had been mined in late 2008. This
diluted mineralized rock graded approximately 0.5 to 0.75 oz/t gold. In August 2009, a
dore bar weighing 30.9 troy ounces was poured from 40.4 troy ounces of concentrate.
The dore bar assayed 77.77% gold and 18.47% silver. The bullion was subsequently sold
for gross proceeds of C$24,283. A significant amount of gold is yet to be recovered from
approximately one tonne of sulphide-rich concentrates, which are currently being
processed. Since completion of processing of the stockpiled rock mined in 2008, an
additional 70 metric tonnes of undiluted mineralized rock and 140 metric tonnes of waste
rock have been mined. Mipoz has also drilled off another 60 metric tonnes of mineralized
vein material which is ready for blasting. Crushing activities have resumed following reestablishment
of the water supply. Mining and crushing activities are expected to
continue until the onset of winter weather. Bitterroot and Mineral Creek Ventures Inc.
share the costs and proceeds from the first 2,500 tonnes of material mined from the Linda
zone on a 50/50 basis, with the next 2,500 tonnes costs and proceeds shared on a 55%
Bitterroot – 45% MCVI basis.
Exploration – Definition drilling of the Ember vein resumed on May 29. As of the date
of this report, over 6,000 metres have been drilled in 58 core holes and drilling is still in
progress. Drill spacing is relatively tight, with a horizontal and vertical distance of 10 to
15 metres between holes. The Ember vein has now been outlined along a strike length of
130m and along a dip-length ranging from 40m to 80m. The vein’s thickness ranges from
a few centimetres to two metres and gold grades vary from traces up to two hundred
grams of gold per tonne. Recent drilling of the Ember vein has intersected another quartz
vein approximately 0.5 metres thick, which contains visible gold. This new hanging-wall
vein is located approximately 30m south of the Ember vein. Visible gold has been noted
in additional drill holes intersecting the Ember vein, results are pending. During the
remainder of the 2009 field season, Bitterroot plans to complete the Ember vein
definition drilling program and drill-test the area south of the Ember vein.
The accompanying map and tables show the drill hole locations and significant
intersections to date. Assay results are pending for 24 additional drill holes

Drill-location #1-2009 Ember Vein
DDH # From Au Ag
(metres)
To (metres) Interval
(metres)
Estimated
True Width
(metres)
grams/Tonne grams/Tonne
Recovery
(percent)
BTT-E01 98.8 101.8 3 2.9 2.33 4.12 100%
Including:
BTT-E01 98.8 99.5 0.7 1.16 2.6 100%
BTT-E01 99.5 100.2 0.7 1.46 1.4 100%
BTT-E01 100.2 100.8 0.6 2.5 2.1 100%
BTT-E01 100.8 101.3 0.5 4.51 1.5 100%
BTT-E01 101.3 101.8 0.5 2.75 15.1 100%
BTT-E01 105.15 105.32 0.17 0.15 11.25 5.1 100%
BTT-E05 108.4 108.6 0.2 0.1 7.79 3.9 100%
BTT-E05 110.6 111.1 0.5 0.2 14.65 2.8 95%
BTT-E06 98.8 102.4 3.6 2.8 14.33 8.29 95%
Including
BTT-E06 98.8 99.1 0.3 23.8 4 90%
BTT-E06 99.1 100 0.9 0 0 100%
BTT-E06 100 100.6 0.6 0.376 0.2 100%
BTT-E06 100.6 100.75 0.15 200 79.6 100%
BTT-E06 100.75 101.75 1 1.365 0.2 100%
BTT-E06 101.75 102.15 0.4 29.9 40.6 100%
BTT-E06 102.15 102.4 0.25 3.26 0.6 100%
BTT-E07 105.5 105.75 0.25 0.15 55.7 12.3 100%
BTT-E08 118.25 118.5 0.25 0.1 7.35 1.8 100%
BTT-E09 123.15 124.25 1.1 0.9 2.04 0.6 100%
Including
BTT-E09 123.15 123.35 0.2 1.115 0.9 100%
BTT-E09 123.35 123.8 0.45 0.977 0.5 100%
BTT-E09 123.8 124.25 0.45 3.52 0.6 100%
BTT-E10 101.3 101.8 0.5 0.5 9.11 3.3 100%
BTT-E11 105.55 105.75 0.2 Est. 0.1 9.29 1.8 Est. 80%
BTT-E12 108.6 110.5 1.9 1.9 1.49 0.55 100%
Including
BTT-E12 108.6 109.4 0.8 1.43 0.5 100%
BTT-E12 109.4 109.9 0.5 0.552 0.2 100%
BTT-E12 109.9 110.3 0.4 2.6 0.8 100%
BTT-E12 110.3 110.5 0.2 1.86 1.1 100%
BTT-E13 114.6 115.2 0.6 0.45 17.45 2.2 100%
BTT-E14 121.6 122.2 0.6 0.4 11.85 1.3 100%
BTT-E15 119.45 119.75 0.3 0.15 5.72 1.9 100%
BTT-E15 128.35 128.7 0.35 0.25 3.23 1.4





Drill-location #2-2009 Ember Vein
DDH # From Au Ag
(metres)
To
(metres)
Interval
(metres)
Estimated
True Width
(metres)
grams/Tonne grams/Tonne
Recovery
(percent)
BTT-E17 65 65.15 0.15 0.1 31.8 4.3 100%
BTT-E17 76.95 79.6 2.65 2 1.56 5.98 95%
Including
BTT-E17 76.95 77.5 0.55 1.89 9.8 100%
BTT-E17 77.5 77.9 0.4 1.855 12.8 100%
BTT-E17 77.9 78.5 0.6 1.375 2.4 100%
BTT-E17 78.5 78.75 0.25 1.72 6.9 95%
BTT-E17 78.75 79.3 0.55 1.03 1.7 100%
BTT-E17 79.3 79.6 0.3 1.77 4.1 95%
BTT-E18 64.8 66.3 1.5 1 7.41 2.03 100%
Including
BTT-E18 64.8 65.6 0.8 9.95 1.7 100%
BTT-E18 65.6 66.3 0.7 4.5 2.4 100%
BTT-E23 55.7 56 0.3 0.3 17.1 2 100%
BTT-E25 64.2 67.6 3.4 2.5 1.52 0.8 100%
Including
BTT-E25 64.2 64.9 0.7 1.035 0.9 100%
BTT-E25 64.9 65.9 1 0.905 0.7 100%
BTT-E25 65.9 66.3 0.4 1.295 1.2 100%
BTT-E25 66.3 67.6 1.3 2.34 0.7 100%
BTT-E26 53.2 53.65 0.45 0.4 8.65 1.4 100%
BTT-E30 63.1 63.35 0.25 0.2 63.8 16.1 100%
BTT-E31 66.7 67.1 0.4 0.35 5.59 1.1 100%
BTT-E34 57.75 59.75 2 1.2 8.27 20.73 100%
Including
BTT-E34 57.75 58.5 0.75 3.26 3.8 100%
BTT-E34 58.5 59 0.5 8.76 65.8 100%
BTT-E34 59 59.75 0.75 12.95 7.6 100%
Mr. Michael Becherer, P.Geo is the Qualified Person responsible for the design and
implementation of exploration programs on the Mineral Creek project. The drill core was
logged and sampled by G.A. Price, P. Geo. Samples were assayed by ALS Chemex in
North Vancouver, BC. Analysis consisted of procedure Au-AA 23 and ME-ICP41. If Au
was greater than 10ppm then samples were re-assayed by procedure Au-GRA21.



ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of the contents of this news release.

[Kostolanys Erbe]

kam per mail:

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
tel [phone], fax [phone]
www.bitterrootresources.com

October 7, 2009
CORRECTION
The company’s news release dated October 1, 2009 contained an error in the drill hole location map. Drill Hole Location #2-2009 and Drill Hole Location #3-2009 were incorrectly labelled (reversed). The corrected map has been posted on the Bitterroot Resources website (www.bitterrootresources.com).
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

[Kostolanys Erbe]

Hi Leute,

habe vor kurzen eine email an Mr. Carr geschickt und heute eine Antwort bekommen. Habe meinen Namen XXX.
Unten meine email an Michael Carr.



Mr. XXX,
Thank you for your kind words regarding Bitterroot and our projects.
The Michigan U project results were described in previous MD&A.. Technical success, not a discovery yet. Future work depends on Cameco or other sources of funding.
At the Mineral Creek gold project, there are a large number of samples in the lab being assayed. Results are expected to be released in the coming weeks.
A progress update on the bulk sampling will also be disclosed at that time.
Regards,
Michael Carr



Dear Mr. Carr!

The current market prices is for me a subordinate rolls. I think, the work is many more important of them at the projects. I read any MD&A with interest,however since long I wait with very much on an expression of planning with your joint venture partner cameco for further execution. In your MD&A, it always stands in negotiations (We are in discussion.... Uranium research is difficult and lengthy, but the shareholders and I included expect more to this topic with clarity and truth.
I still remember at an interview, where they said, which will be the year 2009 a good year...

Carr told me the other day he is quite hopeful about results forthcoming from Michigan and Vancouver Island. "As for market-friendly news, assays and the like coming up, I would look for ongoing gold production numbers from the
Mineral Creek bulk sample, plus results from the long-awaited Michigan U. drilling program, which started last week," he said.

Carr is an optimist, of course. But he is no promoter. Getting him to saygetting that much takes a relationship that goes back almost 10 years."Assuming the big markets stabilize in the next few months, I think 2009 willbe a good year for us," he says.

When are comes results from your Michigan project?
Further much success with your Mineral Creek project and that Mipoz machines work 10 tons on the day. How much creates tons mipoz up-to-date?
Desires them and their team much success and above all they all remain healthy.

Best regards from a longterm-investor from germany
XXX

PS: I buy shares on this historical low prices. I believe in your company and in your shareholder-value! The projects are great and I still wait!

[Kostolanys Erbe]

http://michiganmessenger.com/30150/lawmakers-downplay-possib…

http://michiganmessenger.com/30150/lawmakers-downplay-possib…

kosto

[Kostolanys Erbe]

News:

Tue Nov 17, 2009
Bitterroot Intersects 4.2 Metres Grading 75.4 Grams Gold/Tonne

--------------------------------------------------------------------------------

(13.8 feet grading 2.2 oz gold/ton), DISCOVERS "HW-1" HIGH-GRADE VEIN

Michael Carr, President of Bitterroot Resources Ltd. (BTT, TSX-V) reports that a 4.2 metre-wide vein/breccia interval grading 75.4 grams gold/Tonne (13.8 feet grading 2.2 oz gold/ton) in hole BTT-E57 is a highlight of additional high-grade drill results from the 100 percent-owned Mineral Creek gold project near Port Alberni, BC. Close-spaced definition drilling of the Ember vein has returned high-grade gold intersections (table 1) and discovered at least one new high-grade gold/silver mineralized vein called the HW-1 vein (table 2).

Drilling of the HW-1 vein returned a 0.3 metre-thick interval grading 137.5 grams gold/Tonne (1.0 feet grading 4.0 oz gold/ton) in hole BTT-E53. A second interval possibly from the HW-1 vein also returned high-grade silver mineralization (1,170 grams silver/Tonne over 0.13 metres, or 0.43 feet grading 34.1 oz silver/ton) in hole BTT-E35. The HW-1 vein is the sixth high-grade gold-bearing vein identified to date on the Mineral Creek property, in addition to the Linda, Ember, 900, 1050 and Mineral Creek zones.

Drilling completed in 2009 has defined the Ember vein over a strike length of 150 metres and an elevation range of at least 90 metres. The more silver-rich HW-1 vein has been drilled over a strike length of 50 metres and an elevation range of 45 metres. These en-echelon veins demonstrate good continuity and pronounced nugget effect, which is typical of high-grade gold deposits. On the Mineral Creek property, high gold grades are often accompanied by visible gold grains. The Ember and HW-1 veins are both open along strike and down dip. The Linda, Ember and HW-1 veins appear to be associated with gold mineralization and historical small-scale underground workings in the Mineral Creek fault zone, which suggests there is good potential for the discovery of additional high-grade gold/silver-bearing structures on this part of the Mineral Creek property. Drill crews are currently in the process of completing the final hole (BTT-E68) of the 2009 exploration season and are expected to demobilize within a week.

Bulk Sampling

As a condition of the original property purchase agreement with the vendor, Mineral Creek Ventures Inc. is extracting a 5,000 tonne bulk sample, with the costs and proceeds split 50/50 with Bitterroot. Mining activities on the Linda vein are currently winding up for the winter. A 100-tonne stockpile of mineralized vein material is currently being crushed. This material will be milled and tabled to produce gold concentrates and sulphide-rich concentrates. A second table has been purchased to allow more efficient recovery of gold from sulphide concentrates. A dore bar containing 36 troy ounces of gold and 8.3 troy ounces of silver was poured on November 3, 2009. Milling of crushed mineralized vein material and tabling of concentrates is expected to continue until mid-December.

[Kostolanys Erbe]

Das heisst weiter auf news warten:

Leider hat der Kurs kaum auf die news reagiert. Irgendjemand drückt den Kurs bei 0,12 - 0,14 CAN$...

Mal sehen wie wir heute auf das neue ATH bei GOLD reagieren....
Wird langsam heiss für den Goldpreis, eine vernünftige (normale) Konsolidierung wäre wünschenswert beim Goldpreis, damit der Trend intakt bleibt!

Naja, vielleicht wolen die Ami`s die 1200 US-Dollar noch sehen und irgendwelche Short-Kontrakte implodieren lassen

Tue Nov 17, 2009
Bitterroot Intersects 4.2 Metres Grading 75.4 Grams Gold/Tonne

--------------------------------------------------------------------------------

(13.8 feet grading 2.2 oz gold/ton), DISCOVERS "HW-1" HIGH-GRADE VEIN

Michael Carr, President of Bitterroot Resources Ltd. (BTT, TSX-V) reports that a 4.2 metre-wide vein/breccia interval grading 75.4 grams gold/Tonne (13.8 feet grading 2.2 oz gold/ton) in hole BTT-E57 is a highlight of additional high-grade drill results from the 100 percent-owned Mineral Creek gold project near Port Alberni, BC. Close-spaced definition drilling of the Ember vein has returned high-grade gold intersections (table 1) and discovered at least one new high-grade gold/silver mineralized vein called the HW-1 vein (table 2).

Drilling of the HW-1 vein returned a 0.3 metre-thick interval grading 137.5 grams gold/Tonne (1.0 feet grading 4.0 oz gold/ton) in hole BTT-E53. A second interval possibly from the HW-1 vein also returned high-grade silver mineralization (1,170 grams silver/Tonne over 0.13 metres, or 0.43 feet grading 34.1 oz silver/ton) in hole BTT-E35. The HW-1 vein is the sixth high-grade gold-bearing vein identified to date on the Mineral Creek property, in addition to the Linda, Ember, 900, 1050 and Mineral Creek zones.

Drilling completed in 2009 has defined the Ember vein over a strike length of 150 metres and an elevation range of at least 90 metres. The more silver-rich HW-1 vein has been drilled over a strike length of 50 metres and an elevation range of 45 metres. These en-echelon veins demonstrate good continuity and pronounced nugget effect, which is typical of high-grade gold deposits. On the Mineral Creek property, high gold grades are often accompanied by visible gold grains. The Ember and HW-1 veins are both open along strike and down dip. The Linda, Ember and HW-1 veins appear to be associated with gold mineralization and historical small-scale underground workings in the Mineral Creek fault zone, which suggests there is good potential for the discovery of additional high-grade gold/silver-bearing structures on this part of the Mineral Creek property. Drill crews are currently in the process of completing the final hole (BTT-E68) of the 2009 exploration season and are expected to demobilize within a week.

Hier Bohrung im hochgradigen Goldgebiet von Mineral Creek!

Bulk Sampling

As a condition of the original property purchase agreement with the vendor, Mineral Creek Ventures Inc. is extracting a 5,000 tonne bulk sample, with the costs and proceeds split 50/50 with Bitterroot. Mining activities on the Linda vein are currently winding up for the winter. A 100-tonne stockpile of mineralized vein material is currently being crushed. This material will be milled and tabled to produce gold concentrates and sulphide-rich concentrates. A second table has been purchased to allow more efficient recovery of gold from sulphide concentrates. A dore bar containing 36 troy ounces of gold and 8.3 troy ounces of silver was poured on November 3, 2009. Milling of crushed mineralized vein material and tabling of concentrates is expected to continue until mid-December.

[jensdab]

Mal abwarten, was das für Auswirkungen haben wird.......


Bis jetzt ist der Kursverlauf sehr enttäuschend.



NEWS RELEASE

December 3, 2009

C$600,000 FLOW-THROUGH SHARE FINANCING

Bitterroot Resources Ltd. (BTT, TSX-V) has agreed to issue 5,000,000 flow-through common shares priced at C$0.12 in a non-brokered private placement to Canadian investors, for gross proceeds of C$600,000. The proceeds will be mainly used to fund ongoing exploration of Bitterroot’s Mineral Creek and North Brenda gold projects in British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

[Kostolanys Erbe]

hallo jensdab,

die kursentwicklung ist wirklich schlecht....

anscheinend ist die marktkapitalisierung zu klein...

aber wenn ich einige andere unternehmen in kanada sehe, die von börsenbriefen empfohlen werden oder wo wild rumgezockt wird z.b. dynasty gold (DYG) haben fast die gleiche marktkapitalisierung wie bitterroot, aber gerade mal 300.000 CAN$cash und keine properties!!!!!
VERRÜCKT!

Ich werde warten und die schwierigste Börsenregel einens Anlegers hier durchziehen: Abwarten und Geduld zeigen.

Michael Carr schrieb mir ja in der email, das Mitte Dezember noch news kommen sollen.
Ausserdem fehlen noch Ergebnisse aus Bohrlöchern! Die letzten Bohrlöchern sind aus dem hochgradige Goldgebiet von Mineral Creek.
siehe news vom 17. november

Drill crews are currently in the process of completing the final hole (BTT-E68) of the 2009 exploration season and are expected to demobilize within a week.

Milling of crushed mineralized vein material and tabling of concentrates is expected to continue until mid-December.


Wie weit die NI 43-101 sein wird, werden wir vielleicht aus den nächsten news oder aus der MD&A erfahren.

viele grüße & schönen 2.Advent
kosto

[Kostolanys Erbe]

Recent Trades - Last 7
Time Ex Price Change Volume Buyer Seller Markers
10:48:22 V 0.12 +0.01 13,500 79 CIBC 1 Anonymous K

10:48:02 V 0.12 +0.01 10,000 79 CIBC 1 Anonymous K

10:47:51 V 0.12 +0.01 10,000 79 CIBC 99 Jitney K

09:46:37 V 0.115 +0.005 90,000 79 CIBC 1 Anonymous K

09:30:00 V 0.115 +0.005 300 59 PI 85 Scotia E

09:30:00 V 0.115 +0.005 21,500 79 CIBC 85 Scotia K

09:30:00 V 0.115 +0.005 55,000 79 CIBC 33 Canaccord KL

kosto

[Kostolanys Erbe]

http://europe.theoildrum.com/node/5989#more

[jensdab]

BITTERROOT RESOURCES LTD.
Suite 101, 1590 Bellevue Avenue, West Vancouver, BC, V7V 1A7
Telephone [phone]

www.bitterrootresources.com
NEWS RELEASE
December 14, 2009
C$708,200 FLOW-THROUGH SHARE FINANCING CLOSED WITH MINERALFIELDS GROUP AND INDIVIDUAL INVESTORS

Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 5,901,666 flow-through common shares priced at C$0.12 for gross proceeds of C$708,200. These shares plus 250,000 broker warrants will be subject to a hold period expiring April 11, 2010. The shares were placed with a number of individual investors and three limited partnerships administered by MineralFields Group. The proceeds will be used to fund ongoing exploration on Bitterroot’s Mineral Creek, North Brenda and SPN gold/silver properties in British Columbia.
MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

[Kostolanys Erbe]

eine gue news...

investoren wie mineralfields (siehe homepage) sehen die langfristinvestition in ihren portfolio.

warte noch auf die news von mineral creek...

kosto

[Kostolanys Erbe]

noch news vom North Brenda:

Wed Dec 16, 2009
High-Grade Gold-Bearing Vein Discovered On North Brenda Property

--------------------------------------------------------------------------------

A recently completed program of excavator trenching on Bitterroot Resources Ltd.'s (BTT, TSX-V) 100 percent-owned North Brenda property has discovered a high-grade gold-bearing vein within a previously unexplored structural zone. The trenches tested gold-in-soil anomalies with several metres or more of glacial sediment cover.

Trench 09-01A (see attached map) cut a 25 centimetre-wide shear zone containing fragments of broken quartz veins and disseminated pyrite. The initial 10 cm sample across this zone assayed 71.4 g/t gold and 24.4 g/t silver. Stripping along trend exposed the vein for a length of 25 metres (Trench 09-01X). Five of the channel samples collected across the vein returned greater than 19 g/t gold over true widths ranging from 9 to 25 cm, with a high value of 57.6 g/t gold and 9.3 g/t silver over 11 cm (see attached table). Cross trenches have cut this mineralized vein along a strike length of 100 metres and have also intersected parallel mineralized quartz veins.

The presence of a strong hydrothermal alteration envelope around the veins and untested gold-in-soil anomalies along trend, all within a coincident magnetic low suggest the presence of an unexplored gold-bearing system on the road-accessible North Brenda property. The geological setting and style of gold mineralization are similar to the 650,000-ounce Elk gold deposit, located 20 km southwest of North Brenda.

A program of soil sampling and magnetometer surveying encompassing approximately 12 square km was undertaken in October to evaluate other prospective areas of the property. Several new gold/silver-in-soil anomalies were defined, as were two prominent copper/molybdenum-in-soil anomalies. Exploration of these targets will continue in 2010.

Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the North Brenda project.

North Brenda Trench Samples
Sample Number Sample
Type True Width
(cm)
Gold
(g/t) Silver
(g/t)
Tr09-01-R001 Grab 3 4.4 21.3
Tr09-01-R007 Grab 5 1.6 4.9
Tr09-01A-R001 Grab 4 187.5 71.8
Tr09-01A-R002 Channel 10 71.4 24.4
Tr09-01A-R004 Grab 3 65.3 20.9
Tr09-01X-R001 Channel 18 42.0 6.6
Tr09-01X-R002 Channel 12 0.8 0.3
Tr09-01X-R003 Channel 50 0.2 <0.2
Tr09-01X-R004 Channel 10 0.9 0.4
Tr09-01X-R005 Channel 15 2.1 1.0
Tr09-01X-R006 Channel 12 9.6 1.3
Tr09-01X-R007 Channel 16 0.6 <0.2
Tr09-01X-R008 Channel 9 19.6 6.1
Tr09-01X-R009 Channel 11 57.6 9.3
Tr09-01X-R010 Channel 23 3.6 1.2
Tr09-01X-R011 Channel 25 39.2 6.3
Tr09-01X-R012 Channel 42 0.2 0.3
Tr09-02-R008 Grab 4 9.7 43.9
Tr09-08-R011 Channel 30 1.2 5.4
Tr09-08-R020 Grab 2 1.0 3.4
Tr09-09-R002 Channel 25 1.0 1.5
Tr09-09-R004 Channel 12 8.7 2.5
Tr09-09-R016 Channel 27 1.3 1.2



ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

[Kostolanys Erbe]

Mon Dec 21, 2009
Options Granted

Under the terms of its Stock Option Plan, Bitterroot Resources Ltd. has granted, effective December 21, 2009, incentive stock options to acquire 755,000 common shares at $0.12 per share, expiring December 20, 2014.

ON BEHALF OF THE BOARD OF DIRECTORS


Michael S. Carr
Director


Bitterroot Resources Ltd. (BTT) As of December 28th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Dec 23/09 Dec 14/09 Ortslan, Terence Srab Direct Ownership Options 50 - Grant of options 100,000 $0.120
Dec 22/09 Dec 21/09 Carr, Michael Stewart Direct Ownership Options 50 - Grant of options 295,000 $0.120
Dec 22/09 Dec 14/09 Carr, Michael Stewart Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 250,000 $0.120
Dec 13/09 Dec 11/09 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 3,333,333 $0.120
Dec 13/09 Dec 11/09 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Dec 13/09 Dec 11/09 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 208,333 $0.120
Dec 13/09 Dec 11/09 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Dec 13/09 Dec 11/09 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 625,000 $0.120
Dec 13/09 Dec 11/09 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Dec 13/09 Dec 11/09 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report

kosto

[Kostolanys Erbe]

Hi Leute,

wünsche allen ein gesundes & glückliches neues Jahr!

Mal sehen, wie das Jahr 2010 für Bitterroot Resources wird???!!!
Kann ja nur besser werden.

Fertigstellung NI 43-101 für Mineral Creek?

Warte auf den Quartalsbericht...

Viele Grüße
Kosto

[Kostolanys Erbe]

2010: The Year for Gold Shares - Bob Moriarty 5 comments
by: The Report January 05, 2010


321gold founder Bob Moriarty returns to The Gold Report for a lively exclusive interview about what he sees as the best investments for 2010. "Last year it was gold," says Bob, "and this year I believe it will be gold shares." Noting that Bernanke 'destroyed the financial system of the world,' Bob sees two possible outcomes—a deflationary collapse wherein the U.S. refuses to pay back its $10 trillion debt, or hyperinflation. "Those are the only two alternatives," he says, "and either is pretty bad."

The Gold Report: Bob, when they announced Ben Bernanke as the Time magazine's Person of the Year, I was thrilled, because I knew I was going to be speaking with you. I just have to ask, how do you see Ben's place in the 2009 economy?

Bob Moriarty: Actually, it really scared the hell out of me. What it means is that I can no longer go to college football games.

TGR: Why is that?

BM: You know the president was awarded the Nobel Peace Prize.

TGR: Yes.

BM: We have three-and-a-half wars going and he was awarded the Nobel Peace Prize and then Time magazine came out and made Ben Bernanke the Man of the Year. Now that's the equivalent of being awarded the Nobel Prize for Economics. Stalin was Man of the Year.

It means that Bernanke had the most influence on the world last year, which is quite interesting because it means I cannot go to a college football game anymore.

TGR: Okay. I'm still missing the link.

BM: If I go to a college football game, at half time they give out awards and they do special things. If I go to a college football game, I'm bound to be awarded the Heisman Trophy.

TGR: I hate when they give those out.

BM: Ben Bernanke has done more to destroy the economy of the world. If there was one organization that is responsible for the financial chaos that exists today, it would have to be the Federal Reserve. Ben Bernanke has destroyed the financial system of the world and they're thinking he saved it by creating all this money. Well, wait a minute. That money has to go somewhere.

If you actually look at the numbers, the most accurate number that I've been given is a $23.7 trillion increase in U.S. liabilities. It's not necessarily the government that spent that. We're just on the hook for that kind of money in one year and that has to have an effect. Dubai has defaulted; Greece is not very far away from defaulting; Ireland is very close to defaulting; the U.K. is very close to defaulting; Japan is very close to defaulting; the United States is very close to defaulting; Spain is very close to defaulting. And the one thing that we know is they're going to. So we can either have a deflationary collapse where everybody says, okay, well, remember those $10 trillion that we owed the rest of the world? We're just not going to pay them. Or we can go into hyperinflation. Those are the only two alternatives and either is pretty bad.

Bernanke has guaranteed a collapse of the financial system. We're in the center of the storm, the eye of the storm right now. The hundred or so people in the world who actually understand what's going on are all going, "oh, shit." And Ben Bernanke's sitting there with a grin on the cover of Time magazine. Well, I can guarantee next year he isn't going to be sitting on the cover of Time magazine with a grin. He'll be sitting on the cover of Time magazine with a noose around his neck.

TGR: Do you think these relatively smart people—granted, you stick them in Washington and weird things happen—realize they're in the eye of the storm, and they're just trying to keep the panic down now and try to maneuver things behind the scenes or do you think they're totally oblivious to what they've created?

BM: There's a lot of total oblivion. These guys have all studied Keynesian economics. Keynesian economics simply doesn't work. Anybody who actually understands economics knows that, but that's what they were taught and because everybody around them was talking Keynesian economics, they think you can somehow buy your way out of failure.

Obama came up with this really wonderful quote early in December saying we're going to spend our way out of the recession. My question is—if we spent our way into this recession, how the hell are you going to spend your way out of this recession? Spending is what got us into trouble in the first place. There was another article released last week saying that the number of Federal employees with salaries in the six figures is higher than it's ever been. This is insane. We have 22% unemployment and we have hundreds of thousands of Federal employees earning over $100,000 a year. The 22% unemployment, those people who have no jobs are starting to get really, really pissed. And when they do, we got problems.

The gap between government employees and employees in general is higher than it's ever been. The unemployment in the United States is higher than it's ever been. So not only is the government employment increasing, unemployment's increasing for everyone else. Who do they expect to pay the taxes? And the answer to that is the 47% of people who pay no taxes at all are listening to Pelosi say, "Hey, I've got a great idea. We'll make the rich people pay for the health care." And then a week later she had another really great idea. "Hey, we'll make the rich people pay for Afghanistan." Unfortunately, nobody listened to her definition of rich people. Did you catch that? Did you hear what she said? "Rich people are those who still have a job."

It's the end of the empire. Democracy works until the voters learn to give themselves benefits. We have gone into never-never land. For Barack Obama to be awarded the Nobel Peace Prize after being in office for two weeks goes beyond absurd. The fascination with the sex life of Tiger Woods is all over the news and my question is who cares? Are they kidding? We've gone crazy.

TGR: So how are we going to be protecting ourselves investment wise? I'm going to ask a little bit about gold because you're a big gold bug. Gold ran up to above $1,200 and now had quite a decent pullback. You point out correctly that who wouldn't have expected a pullback when it's up for 13 days straight.

BM: We have not seen the top in gold, but corrections are perfectly normal and they're a good thing. Now why should you own gold? You should own gold for two reasons. One is it's an insurance policy. The things that Bernanke and the Federal Reserve and Tim Geithner have done are going to destroy the world's financial system in the end. I know that sounds really catastrophic, but it's going to be catastrophic. The United States is $100 trillion in debt. No sane person can come to me and say, "Bob, there's a way out of that." They can't, there is no way out of that. We're going to default. I don't care if we default next week or next month or next year or 10 years from now. We're going to default and it's going to be catastrophic.

Gold is an insurance policy. It's like an insurance policy on your car or your home or yourself. It's not something that you want to collect on, but for 5,000 years it has worked to protect people's assets. Second, as an investment, the general stock market would absolutely terrify me right now. It's so overbought and the P/E ratio has hit historic highs. It's just screaming to take everybody's money away when people wake up to what's really going on. So gold shares, silver shares, energy shares, food shares are a good, safe place to be. It used to be widows and orphans would buy GM and they would buy General Electric (GE) and they would buy Ford (F) and Chrysler. Widows and orphans should actually be buying Canadian juniors right now because they might preserve their wealth. They own FAO and Ford and GM and General Electric; they own companies that are walking zombies just waiting to die and be buried.

TGR: If the stock market does take another correction and even a massive one, could it take down even the Canadian juniors, too?

BM: I don't believe that's true. The Canadian juniors have already crashed. It happened last year and everybody had it absolutely wrong except Bob Hoye. Including me. I believed the Canadian juniors were going to be a safe place. But if you look at the ratio of the XAU over gold, the ratio is lower than it's ever been in history and it's been lower for a year. So Canadian juniors are not going to crash; Canadian juniors already have crashed.

The market is going to do whatever it has to do to surprise the biggest number of people and people are expecting a crash in the juniors if the market crashes. I don't think so. You have to have some place of safety. Last year it was gold and this year I believe it will be gold shares. I think that this year—this is a good time to bring it—I think that 2010 will be an extraordinary year for gold shares.

TGR: Does that mean it would be an extraordinary year for all gold shares and once the mania starts happening, will all gold companies rise in value?

BM: Well, that's what's really funny. The biggest piece-of-crap companies out there are going to go up fifty fold. I would be very hesitant to recommend that people buy into piece-of-crap gold companies. But when the wind is high enough, even the turkeys fly.

TGR: Do you think in a market place where most people don't understand mining to begin with, they're going to be able to differentiate the crap gold companies, as you call them, from the valuable ones? Why not just buy a market basket of gold companies?

BM: That's a really good move. There are some great funds out there—USAA Gold is a good fund. Frank Holmes does a good job with the U.S. Global Investors Funds; Eric Sprott does a good job with the Sprott Funds. There are some great gold funds out there and that removes the risk of having to make decisions. The reason I spend eight months a year traveling all over the world is I'm trying to give my readers the house advantage and we think we do. I've been doing this for eight years and we pick some pretty good stocks. That doesn't mean they don't go down. Some go up and some go down, but that just proves I'm honest.

TGR: If we look at 2010 and it's going to be this extraordinary year as you're predicting, will the markets be smart enough to recognize and reward better run companies?

BM: Strangely enough, the ones that'll go up the most are the crap companies run by absolute crooks that are selling for a penny and a half right now. You've got to remember going from a penny and a half to three cents is a 100% climb. Let me give you an example. I wrote about the International Tower Hill Mines Ltd. (THM) a year ago and International Tower Hill, I think, was US$1.04 and it's like $7.32 now. There are hundreds of companies that have gone up more than that, and Tower Hill has one of the best deposits in the United States and is run by one of the best guys in the industry. A stock going from $1.04 to $7.32 is no different than a stock going from two cents to 12 cents.

TGR: You're traveling around finding the good deals for eight years, which bodes well in that market place where better projects will reward. But in the market place, everyone's going to get rewarded because you happen to be in the right sector. What's your strategy?

BM: I invest in the best people that I can find. I try to find the best companies and the best people because, while you're waiting for the piece of crap companyto go from a penny and a half to 15 cents, it may go to a quarter of a cent. You don't know. I buy companies where I like their story, I like their management, I like their location, etc.

TGR: What do you see for silver?

BM: Silver is a commodity right now. When the financial system collapses—and it's going to collapse—and we go back to the gold standard, the metal that you need the most of is silver because of its value as money. In a gold system the money you need most will be silver. At that point it would go back to a historic ratio, somewhere between 15:1 and 25:1. Silver is an investment. It's very dangerous because there are always cheerleaders. The cheerleaders are the guys waving the flags and the pom-poms and showing their butt to everybody saying silver is going to go to $100 an ounce if we get into a war because this is the most critical war metal. Well, we're in three wars and silver has not gone to $100. The cheerleaders say we're going to run out of silver. We're not going to run out of silver. It's a commodity. At some price, it extracts itself from the ground. At $16 to $18 an ounce, there's plenty of silver and silver's supply and demand is in equilibrium. But to move it up relative to everything else, you have to have increased demand and the increased demand is only going to come from using it for coins.

TGR: So the increases we're seeing in gold now through 2010 probably will not reflect on silver?

BM: Actually, the ratio of silver to gold will go up as the economic situation gets worse because people recognize gold as being a safe haven and they don't recognize silver being a safe haven to the same degree. We could go back to a ratio of 90:1 or 100:1, but as for the idea that silver is somehow a better investment than gold, these guys have been wrong for 10 years. I can't understand why they keep arguing the same thing when all the facts show they're wrong.

TGR: So someone who's looking to the insurance policy or hedging or putting money on the sure bet that the economy and the financials are going to falter should really focus on gold, not silver.

BM: Focus on gold, but you want to hedge your bets, too. One of the possibilities that always exists is that maybe I'm wrong.

TGR: How would you hedge your bets?

BM: I own physical gold and physical silver and I own silver mining companies and I own gold mining companies.

TGR: You mentioned that you like to invest in the best people and so I'll assume you have certain companies that you feel have management that represents the best of the best. Can you share those with us?

BM: Sure. If you look at the website, we write about them all the time. Animas Resources came out with drill results as we're speaking and the drill results didn't appear to be good. The stock got hammered. Somebody sent me the drill results and I looked at it and said, hey, somebody's making a mistake because those are pretty good drill results. They're in the district and they've got really substantial management. In general, I tend to like Mexico. I like Timmins Gold (TMGOF.PK), I like Animas, I like Pediment Gold (PEZGF.PK). There are so many great stories there.

Endeavour Silver (EXK) has got some good deposits down there. Great Panther Resources has got some good deposits. Candente Resource and Canaco Resources are putting a company together. With Mexico you could pretty much throw a dart; I don't think you could lose there. There are some great companies and there's some great management down there.

TGR: Outside of Mexico are there any plays that you're looking at that are interesting?

BM: I wrote about one called EurOmax Resources in Eastern Europe, Serbia and Bulgaria and Macedonia. They've got a surplus of good projects and the stock's real cheap now. There are hundreds of companies. I'm not an expert. I go to a gold show and I see half the companies there are companies I've never even heard of before, but there are some real good guys in the industry who cover these and some good subscription services. Greg McCoach has got a good service and Brent Cook has a good service. Lawrence Roulston has a good service. There are some guys who can give good tips.

TGR: Are there any small caps outside of Mexico that you have a few thoughts on?

BM: Oh, dozens and dozens and dozens of them. For example, I happened to be on a trip with some of the people who were investors in Richfield Ventures (RCVTF.PK) before they announced their recent results. Richfield is up in B.C. and there's another company right next to them called Silver Quest Resources that had absolutely extraordinary results. You've got to give them credit for that.

I'm always hesitant to list companies that I like because there are hundreds of companies out there who have done extraordinarily well. We got cheaper in relative terms last September, October and November of 2008 than gold stocks had ever been in history. You could have thrown money at companies and made money.

My very favorite company right now is an energy stock. It's not one that anyone can buy. It's still private but it's going to be a very big deal. It will be the Google (GOOG) of investing. It's a company called Titan Oil Recovery Inc. It's run by one of the smartest and best managers I know, Ken Gerbino. Basically the company treats their prime oil fields with a patented bacterial process that essentially lowers the surface tension of the oil, making it easier for it to flow. Their tests on dozens of oil fields show increased oil production by over 100%. That's giant. In the oil business, most oil gets left in the ground. You can never recover all of the oil in a field. This process is going to be worth many billions of dollars. It's not a total solution to peak oil but it's sure better than anything else I've ever seen or heard of.

TGR: Well, you could have picked almost any of the resource stocks back then.

BM: Yeah, yeah—exactly. You could have picked the worst company in the business a year ago and made money. There were companies that were two cents then that are 60 cents now. But in relative terms, here's one thing I would like to point out. We started our website in the summer of 2001 and, like Frank Giustra of Endeavour Financial, we chose to get back into the industry right at the bottom and we said it was the bottom. We were very supportive of companies and we said this is a tremendous opportunity to invest. Of course, nobody believed us because gold was $252 an ounce. Well, people, we're not in Kansas anymore and gold is not $252 an ounce. It's $1,120 and change right now. It was $1,200 and change a month ago. The risk is out of it. Okay. There are some extraordinary stories out there and they're extraordinarily cheap. You should invest, one, because it's a safe place to invest—it's the only safe place to invest that I know of—and, two, because it's so cheap that you should have extraordinary returns.

TGR: Thank you very much for your time, Bob.

Wanting to give others a foundation for investing in resource stocks, Bob and Barb Moriarty brought 321gold.com to the Internet almost nine years ago, and later added a second resource site, 321energy.com, which covers oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on the current events affecting both sectors. Before his Internet career, Bob was a Marine F-4B pilot with more than 820 missions in Vietnam. A Captain at age 22, he was one of the most highly decorated pilots in the war.

DISCLOSURE:
1) Karen Roche, of The Gold Report, conducted this interview. She personally and/or her family own none of the companies mentioned in this interview.
2) The following companies mentioned in the interview are sponsors of The Gold Report: Animas Resources, Timmins Gold Corp., Pediment Gold, Great Panther Resources, EurOmax Resources and Richfield Ventures Corp.
3) Bob Moriarty: I personally and/or my family own the following companies mentioned in this interview: Canaco, Titan Oil Recovery and EurOmax. At 321gold.com, we receive money for advertising from the following companies: Animas, Pediment, Timmins, Endeavour Silver, Great Panther, Richfield Ventures and EurOmax.

[Kostolanys Erbe]

Hallo Leute,

da es sehr ruhig und leider nur eine Richtung des Aktienkurses von Bitterroot Resources gab, habe ich Mr. Carr geschrieben und eine Antwort erhalten.
Mein Englisch ist nicht perfekt, habe aber auf meine Fragen Antworten bekommen.



Dear Mr. Carr,
thanks for your email and your answer of my questions last year.
In my opinion is your company to many other exploration companies undervalued.
I like to see the private placement with MineralFields Group and that you take cash for your projects.
The market don`t realize your cash balance and your projects. Why?

I have not done a good job of graphically demonstrating to the market that the high-grade intersections at Mineral Creek represent mineralization which can become ore shoots.
We are currently addressing this by entering all of our drill data into the computer program MapInfo, which will aid geological interpretation, investor information, ore reserve calculation and guide future drilling in 2009.

The gold price is going higher and the share price of your company is falling to a historical low price.
See above.


Who is the seller of your company shares on this price level?
(I think MCV? )

Probably MineralFields as they owned 16% of Bitterroot after the last financing. MCV is also a possibility

You have finished the last drill hole at Mineral Creek (BTT-E68).
When are comes results from this drill hole?

We are compiling the data right now so hopefully in a week or two.
(darauf warten wir jetzt....)

Last year Bitterroot increase the ownership of Mineral Creek to
100-percent. On your homepage,there are no new updates on the project site. Please overwork your homepage with the news of all your projects.

You are correct. This work is being done right now and the website should be upsated soon.

Ja, da sind sie am arbeiten!!!!!! :-)schaut mal auf die homepage.

In Sedar I have read the news with MineralFields Group and how much shares they are holding of your company.
Please write me, when you can, where I can see the shareholder structure of your company. I look in Sedar and internet, but I don´t find a public prospect of the actually shareholder structure.( Insider, funds etc.)

This information is not usually available to the public. I estimate 25% Institutional, 25% Canadian retail, 45% US retail and the balance International investors like you.

With interesting I will take a look in your next MD&A and financial statement 4th Quarter Report. I hope it came out in February.

Yes, February 26, 2010


Is a NI 43-101 for Mineral Creek this year possible?
This is possible after the MapInfo compilation, assuming we have enough information in the key areas. If not, we will drill more to get to that point

>Best regards from germany

Thank you for your support,
Regards,
Michael Carr



Fazit:

=> Ausgabe neuer Aktien mit MineralFields Group sichert Projektarbeiten 2010 (MineralFields Group hat z.B. auch bei EFG = First Gold Exploration erst im November und Dezember 2009 shares zu sehr günstigen Kursen genommen!!!) MineralFields Group hat Expertisenn und Geologen an Bord; die werden nicht ohne weiteres die Aktien zu 0,12 CAN$ genommen haben und somit größter Aktionär.

=> aktuelle Bohreergbnisse werden ins Software Programm MapInfo eingearbeitet, um die Daten besser zu präsentieren
und zu interpretieren für Investoren

=> aktuell gibt es noch ein (aus meiner Sicht größerer Verkäufer / siehe ASK-Seiten / der anscheinend die Finanzkrise zu spüren bekommen hat und zu aktuellen Tiefstkursen verkauft, weil die Geld brauchen/ mein Gefühl sagt MCV -Mineral Creek Ventures, da sie bereit waren, Mineral Creek komplett abzugeben und Aktien dafür zu nehmen (2.000.000 shares)
Bitterroot Resources Ltd. (BTT, TSX-V) and Mineral Creek Ventures Inc. have entered into an agreement whereby Bitterroot will increase its ownership of the Mineral Creek gold property in British Columbia from 75 percent to 100 percent. Bitterroot will acquire the additional 25 percent interest in the Mineral Creek gold property by issuing 2,000,000 common shares and granting a 0.5 percent net smelter returns royalty to Mineral Creek Ventures Inc.

oder Cameco???

=> Bohrergebnis BTT-E68 sollte bald kommen!

=> am 26. Februar 2010 kommt der nächste Quartalsbericht

=> NI 43-101 für Mineral Creek dieses Jahr möglich


Hoffe, ich konnte für einige etwas POSITIVES vermitteln.
Bin gespannt auf die Bohrergebnisse und Q-bericht

Kosto

[Kostolanys Erbe]

MD&A und Financials news sind raus:

hier ein Auszug:

BITTERROOT RESOURCES LTD.
MANAGEMENT DISCUSSION & ANALYSIS
For the period ended October 31, 2009
As of February 11, 2009
SUMMARY OF ACTIVITIES
In the year ended October 31, 2009, the majority of Bitterroot Resources Ltd.’s Canadian exploration expenditures were on drilling, geological consulting and acquisition costs on the Mineral Creek gold project in British Columbia. In Michigan, the majority of exploration expenditures were for drilling and geological consulting costs incurred on the Cameco uranium joint venture. Exploration expenditures in the year, excluding recoveries and acquisition costs, were $2,321,639. Funding from Cameco Corporation contributed $676,244 to Bitterroot’s working capital during the year, while expenses (net of stock-based compensation and foreign exchange losses on US dollar holdings) were $344,037.
INTRODUCTION
Bitterroot Resources Ltd. is a mineral resource company engaged directly and indirectly through its wholly-owned subsidiaries, (collectively referred to herein as “the Company” or “Bitterroot”), in the acquisition and exploration of mineral properties. On Vancouver Island, BC, the Company owns a 100 percent interest in the Mineral Creek gold property near Port Alberni, BC. Bitterroot is also owns a 100 percent interest in the adjoining Big Southeaster gold/base metals project. In southern BC, the Company owns a 100 percent interests in the GK (Au) and North Brenda (Mo/Cu/Au) projects and recently completed the acquisition of a 100 percent interest in the SPN (base metals) project. In Michigan, Bitterroot’s wholly-owned subsidiary owns recorded mineral title interests covering approximately 363 square miles in the Upper Peninsula. Under the terms of an option/joint venture agreement with a US subsidiary of Cameco Corporation, Cameco has earned a 65% interest in a 56 square-mile area of interest. The Company also currently holds leases over 7,389 acres of state-owned mineral rights, most of which are subject to the Cameco joint venture.
During and subsequent to the year ended October 31, 2009, commodity prices and global equity markets rebounded strongly from lows recorded in late 2008. The Company is exposed to commodity price and equity market risk due to the cyclical nature of the mineral exploration business. Management currently seeks to minimize commodity risk by exploring for a number of mineral commodities (uranium, gold, copper, zinc and molybdenum) and seeks to minimize exploration costs and political risk by operating in mining-friendly road-accessible locations in North America (southern British Columbia, Vancouver Island and Michigan).
The following Management Discussion and Analysis (MD&A) should be read in conjunction with Bitterroot Resources Ltd.’s consolidated audited financial statements for the year ended October 31, 2009 and the audited annual consolidated financial statements and MD&A for the year ended October 31, 2008. This information and exploration results are presented in news releases available on www.sedar.com or on the Company’s website (www.bitterrootresources.com).
2
OVERALL PERFORMANCE
Results of Operations
Mineral Creek Gold Project, British Columbia
During the year ended October 31, 2009, Bitterroot increased its ownership interest in the 6,960 hectare (17,200 acre) Mineral Creek property from 75 percent to 100 percent by issuing 2,000,000 common shares and granting a 0.5% net smelter returns royalty to the vendor.
In 2009, the Company’s drilling contractor completed 8,646 metres of drilling in 68 holes. Although most of this drilling focused on defining the Ember vein, with the previously stated goal of establishing a mineral resource compliant with NI 43-101, this objective was not achieved in 2009. High-grade portions of the vein were identified, but the Company’s new Qualified Person has concluded that additional drilling is required in order to accurately define high-grade shoots hosting greater than 30 grams Au/tonne within the Ember vein. Drilling has defined the Ember vein structure over a strike length of approximately 150 metres and elevation range of at least 90 metres. A new mineralized vein (HW-1 vein) was also discovered in the hanging wall of the Ember vein. These en-echelon veins are offset or intruded by several mafic or ultramafic dykes. This year’s drilling intersected a number of high-grade intervals, including a 4.2 metre (13.8 feet) core interval which grades 75.4 grams gold/tonne (2.2 ounces gold/ton). Drilling of the HW-1 vein returned a 0.3 metre-thick interval grading 137.5 grams gold/Tonne (1.0 feet grading 4.0 oz gold/ton) in hole BTT-E53. A second interval from the HW-1 vein also returned high-grade silver mineralization (1,170 grams silver/Tonne over 0.13 metres, or 0.43 feet grading 34.1 oz silver/ton) in hole BTT-E35. The HW-1 vein is the sixth high-grade gold-bearing vein identified to date on the Mineral Creek property, in addition to the Linda, Ember, 900, 1050 and Mineral Creek zones. The late arrival of the spring thaw shortened the drilling season on the property and did not allow the previously planned drill-testing of several other outlying targets identified by historical drilling, prospecting and recently completed VTEM airborne geophysical surveys.
Bitterroot has retained C.J. Greig and Associates Ltd. to undertake a thorough and extensive GIS-based compilation of all exploration data collected during the past 30 years on the property from over 70,000 metres of drilling, plus surface and underground exploration data collected by Bitterroot, Westmin Resources and others. This data compilation is expected to take several months to complete. The Company’s objectives and strategy for the 2010 exploration program will be developed following the receipt of results from this data compilation.
As a condition of the property purchase agreement with the vendor Mineral Creek Ventures Inc. (MCVI), a company controlled by Michael Becherer, P.Geo, MCVI has the right to extract up to a 5,500 tonne bulk sample. The costs and proceeds of the first 2,500 tonnes mined from the Linda zone are split 50/50 by MCVI and Bitterroot. To date, MCVI has mined approximately 570 tonnes from an adit in the Linda vein. Sulphide concentrates derived from this material are currently being processed to generate a saleable gold/silver product. Sales of this material occur at the discretion of MCVI, the bulk sample project operator. As of the date of this report, Bitterroot has received $56,795 for its 50% share of proceeds from bullion sales. MCVI reports 3
that bulk sampling is expected to resume in the spring of 2010. The Company has deferred indefinitely the planned acquisition of permits to mine and process larger tonnages of high-grade gold-bearing vein material, pending the outcome of the data compilation and bulk sampling.
In the year ended October 31, 2009, Bitterroot spent $1,772,623 on the Mineral Creek project, net of stock-based compensation and recoveries, mainly on drilling, acquisition costs and geological consulting. Mr. Michael Becherer, P.Geo was the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project in 2009. Analyses were done at ALS Chemex in North Vancouver, BC, by ICP-AES and fire assay/AA methods. As of January 19, 2010, Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project.


LIQUIDITY
During the year ended October 31, 2009, the Company received;
• $794,400 (before share issue costs) from three private placements of a total of 6,620,000 flow-through common shares, all priced at $0.12,
• $676,244 of exploration cost recoveries and management fees from Cameco Corporation,
• $796,777 from BC METC refunds for exploration done in 2006 and 2007,
• $663,068 from Manitoba Mines Branch for withdrawn Quarry Exploration Permits,
• $218,790 (before share issue costs) from a private placement of 1,287,000 flow-through common shares priced at $0.17,
• $7,200 from the exercise of 60,000 share purchase warrants.
The Company’s working capital at October 31, 2009 was $1,125,240, compared to working capital of $1,277,505 at October 31, 2008. Current liabilities were $182,435, which consisted of accounts payable incurred in the normal course of the mineral exploration business, plus $85,000 accrued for accounting (covering six quarters for which invoices had not been submitted) and annual audit fees. The 2008 BCMETC refund of $376,479 was received on February 10, 2010.
At October 31, 2009, there were 628,800 share purchase warrants outstanding, which are exercisable at prices between $0.12 and $0.35. If exercised, the outstanding warrants would generate proceeds to the Company of $132,048. There were also 6,244,500 incentive stock options outstanding, which if exercised would provide proceeds to the Company of $2,560,245.
Bitterroot has sufficient cash reserves to fund its operating expenses in 2010. Budgets have not yet been approved for this year’s planned exploration programs on the 100 percent-owned Mineral Creek, SPN, GK and North Brenda projects in British Columbia, nor has a budget been approved for Bitterroot’s 35% share of funding for the Cameco joint venture in Michigan. Management believes that it would be prudent to source additional funding prior to the resumption of drilling on any of the Company’s projects. The budget for the Mineral Creek project will be established following completion of a comprehensive data compilation on the Mineral Creek project. The budget for the SPN project will be determined following completion and analysis of the gravity survey which is currently underway.
Bitterroot’s ability to meet its ongoing financial obligations will be determined by management’s success in acquiring mineral properties, obtaining equity financing, negotiating joint venture arrangements and facilitating the exercise of outstanding share purchase warrants and options. There can be no assurance that the Company will be able to continue to raise funds, in which case it may be unable to meet its obligations. Should Bitterroot be unable to realize its assets and discharge its liabilities in the normal course of business, the realizable value of its assets may be materially less than the amounts recorded on the balance sheets. Details of funding commitments on the Company’s resource properties are disclosed in Note 3 of the Consolidated Financial Statements for the year ended October 31, 2009.
10
FOURTH QUARTER
During the fourth quarter, the Company’s financial condition was not materially affected by extraordinary items or year-end adjustments. On the Mineral Creek gold project, exploration drilling continued until mid-November 2009. First-stage processing of crushed vein material from the bulk sample was suspended in December 2009, due to the onset of winter weather. Off-site recovery of gold from sulphide concentrates is continuing. A gravity survey was initiated on the SPN property. Trenching was completed on the North Brenda property in late October. Funds were consumed in the normal course of managing and executing these mineral exploration programs. Cash balances decreased by $872,380 during the fourth quarter as drilling and bulk sampling were occurring simultaneously at the Mineral Creek project and trenching was underway at the North Brenda property. Drilling at Mineral Creek was the largest expenditure incurred during the fourth quarter. The carrying value of the Company’s resource properties increased by $409,842 and no common shares were issued during the fourth quarter.

-- liest euch den bericht im ganzen durch

-- kein Ergebnis über die letzte Bohrung!

-- für 2010 durchfinanziert

-- sehr langsame verarbeitung der bulk sample durch mcv

-- neuer geologe an bord

ps: bin enttäuscht über diesen bericht und den kurs...aber das alles ist wohl schon im aktuellen kurs drin...kann nur noch besser werden.
sell on good news --- buy on bad news.

kosto

[Kostolanys Erbe]

Hi Leute,

anbei das letzte MD&A und Financials zum 31. Januar 2010:

cash ca. 1,40 Mio CAN$
=> die Projekte für 2010 sind finanziert

Habe mal Stichworte zu bestimmten Projekten eingearbeitet...und das MD&A etwas geküzt.

BITTERROOT RESOURCES LTD.
MANAGEMENT DISCUSSION & ANALYSIS
For the period ended January 31, 2010
As of March 26, 2010
SUMMARY OF ACTIVITIES
In the three months ended January 31, 2010, the majority of Bitterroot Resources Ltd.’s exploration expenditures were for drilling and bulk sampling at the Mineral Creek gold project and surface exploration on the North Brenda property in British Columbia. Capitalized exploration expenditures in the three month period, excluding recoveries and acquisition costs, were $294,514. Funding from bullion sales and Cameco Corporation contributed $36,189 to Bitterroot’s working capital during the period, while expenses (net of stock-based compensation) were $96,071.
- 2 -

MCVI verarbeitet die
OVERALL PERFORMANCE
Results of Operations
Mineral Creek Gold Project, British Columbia
In the quarter ended January 31, 2010, Bitterroot retained C.J. Greig and Associates Ltd. to undertake an extensive GIS-based compilation of exploration data collected during the past 30 years on the 100 percent-owned Mineral Creek property. This data includes over 70,000 metres of drilling, plus surface and underground exploration data collected by Bitterroot, Westmin Resources and others. The Company’s objectives and strategy for the 2010 exploration program will be developed in the second quarter of 2010, following the receipt of results from the data compilation.
Bitterroot’s drilling contractor demobilized from the property in November, after completing a total of 8,646 metres of core drilling in 68 holes in the 2009 exploration season. All significant drill results have been reported in the Company’s news releases. High-grade portions of the Ember vein were identified, but the Company’s new Qualified Person has concluded that additional drilling is required in order to establish a NI 43-101–compliant resource. Drilling has defined the Ember vein structure over a strike length of approximately 150 metres and elevation range of at least 90 metres. The HW-1 vein was discovered in the hanging wall of the Ember vein in 2009. The HW-1 vein is the sixth high-grade gold-bearing vein identified to date on the Mineral Creek property, in addition to the Linda, Ember, 900, 1050 and Mineral Creek zones.
As a condition of the original property purchase agreement, Mineral Creek Ventures Inc. (MCVI), a company controlled by Michael Becherer, P.Geo, has the right to extract up to a 5,500 tonne bulk sample. The costs and proceeds of the first 2,500 tonnes mined from the Linda zone are split 50/50 by MCVI and Bitterroot. Gold/silver sales occur at the discretion of MCVI, the bulk sample project operator. As of the date of this report, MCVI has mined approximately 570 tonnes from an adit in the Linda vein and Bitterroot has received $66,680 for its 50% share of proceeds from bullion sales. Sales of gold/silver recovered after the end of the quarter are expected to generate proceeds of approximately $29,000 for Bitterroot prior to the resumption of bulk sampling in April 2010.
In the quarter ended January 31, 2010, Bitterroot spent $190,517 on the Mineral Creek project, net of stock-based compensation and recoveries, mainly on drilling, geological consulting and labour. Mr. Michael Becherer, P.Geo was the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project in 2009. As of January 19, 2010, Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project.

Hier sollte noch einiges an cash flow (Geld) aus dem bulk sample kommen. Wird ein spannendes 2. Quartal

Michigan
Cameco Corporation has completed earning a 65% working interest in a 56 square-mile area of interest, with Bitterroot retaining a 35% working interest. Cameco has elected not to fund exploration in Michigan in 2010. Drilling, geophysical surveys and prospecting have identified
several areas which Bitterroot’s management believes warrant additional exploration, both within the area covered by the Cameco joint venture and elsewhere on Bitterroot’s 100 percent-owned mineral rights in the Upper Peninsula of Michigan. Bitterroot’s management is currently in discussions with potential partners to fund exploration on these targets.
In the three months ended January 31, 2010, Bitterroot spent $7,060 on its Michigan exploration projects, net of stock-based compensation and recoveries, mainly on mineral lease and permit costs.

nichts neues aus dem uran-projekt

North Brenda Gold/Copper/Molybdenum Project, British Columbia
In 2009, excavator trenching on Bitterroot’s 100 percent-owned North Brenda property discovered a high-grade gold-bearing vein within a previously unexplored structural zone. The trenches tested the sources of several gold-in-soil anomalies. Five of the channel samples collected across the exposed portion of the vein returned greater than 19 g/t gold over true widths ranging from 9 to 25 cm, with a high value of 57.6 g/t gold and 9.3 g/t silver over 11 cm. Cross trenches exposed the vein along a strike length of 100 metres and have also intersected parallel mineralized quartz veins. The presence of a strong hydrothermal alteration envelope around the veins and untested gold-in-soil anomalies along trend, all within a coincident magnetic low suggest the presence of an unexplored gold-bearing system on the road-accessible North Brenda property. The geological setting and style of gold mineralization are similar to the 650,000-ounce Elk gold deposit, located 20 km southwest of North Brenda. A program of soil sampling and magnetometer surveying encompassing approximately 12 square km was completed in November to evaluate other prospective areas of the property. Several new gold/silver-in-soil anomalies were defined, as were two prominent copper/molybdenum-in-soil anomalies. Exploration of these targets will continue in 2010.
In the three months ended January 31, 2010, Bitterroot spent $83,609 on the North Brenda project, net of stock-based compensation and recoveries, mainly on geological consulting and geochemical analyses. Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the North Brenda project.

wird sehr interessant die nächsten explorationen auf diesem Projekt

SPN Copper/Gold Project, British Columbia
The 100 percent-owned SPN property is prospective for volcanogenic massive sulphide mineralization similar to that found elsewhere on the Adams Plateau. Analysis of approximately 500 soil samples collected in 2008 has expanded the dimensions of previously identified soil anomalies. Geological mapping, prospecting and gravity surveying will resume in the summer of 2010.
In the three months ended January 31, 2010, Bitterroot incurred costs of $54,025 on the SPN project, net of stock-based compensation and recoveries, mainly on acquisition costs. Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and execution of exploration programs on the SPN project.


hier wir man auch tätig. also newsflows werden folgen

Big Southeaster Gold/VMS Project, British Columbia
No field work was conducted during the quarter on the 100 percent-owned Big Southeaster project. In the three months ended January 31, 2010, Bitterroot spent $894 on the Big Southeaster project, mainly on core storage costs.



GK Gold/Silver Project, British Columbia
In early 2008, drilling on the Hornet zone returned several gold-mineralized intervals which have been recommended for follow-up work. Additional claims have been staked in areas adjoining the Hornet zone. In 2010, Bitterroot’s management plans to resume prospecting and soil sampling on the Hornet zone and on the recently-acquired claims.

- hier wird man tätig

In the three months ended January 31, 2010, Bitterroot spent $563 on the GK Project, net of stock-based compensation and recoveries, mainly on geological consulting. Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the GK project.

Saskatchewan/Manitoba Coal Project
Bitterroot holds Coal Prospecting Permits covering 1,248 hectares (3,084 acres), located 25 kilometres east of Hudson Bay, Saskatchewan. The permits cover road-accessible occurrences of coal-bearing strata of the Lower Cretaceous Mannville Group. Management is reviewing the potential for acquisition of geophysical data. No significant expenditures were incurred on the project during the quarter.

Habe Herrn Carr über das Kohleprojekt noch mal gestern angemailt und warte auf Antwort. So wie es hier steht, haben sie weiterhin die Rechte an diesem Projekt!!!!!!
Dazu steht aber leider nichts auf der homepage! Abwarten, was mir Herr Carr schreibt...


Kosto

[Kostolanys Erbe]

aktuell Marketcap: 5,68 Mio.CAN$
cash-Bestand: 1,40 Mio.CAN$

Alle Projekte gibt es für ganze 4,28 MIO.CAN$!!!

Naja, jedenfalls hat das Management zu 0,10 CAN$ einige Aktien bezogen:
(Nicht viele, aber immerhin über den aktuellen Börsenkurs!)

Bitterroot Resources Ltd. (BTT) As of April 13th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Mar 26/10 Mar 22/10 Sanders, George Walter Direct Ownership Options 50 - Grant of options 100,000 $0.100
Mar 23/10 Sep 18/08 Carr, Michael Stewart Direct Ownership Options 50 - Grant of options 14,500 $0.260
Mar 23/10 Mar 22/10 Carr, Michael Stewart Direct Ownership Options 50 - Grant of options 320,000 $0.100
Mar 23/10 Mar 22/10 Ortslan, Terence Srab Direct Ownership Options 50 - Grant of options 100,000 $0.100

Kosto

[Kostolanys Erbe]

aus stockhouse bord:

I'm surprised that you are not getting answer. That said, since you are not getting a response, then I suspect that Michael is on the road and working to regroup. Something went wrong with the plan to provide shareholders with a resource estimate this past year and that needs to be corrected. The rate of the bulk sample processing is unacceptable and that needs to be dealt with. If someone has to go then so be it. Enough is enough.

As for what is happening with the bulk sample, if it is on target, it has resumed by now but unless they can pick up the pace significantly, it wont generate too much cash for us this year. That said, if they pick up the pace signifanctly then we could see several hundred thousand coming out of it this year. In total, I expect to see at least $6,000,000 coming to BTT with another $6,000,000 going to MCV from the bulk sample but at the current rate in the $100,000 reang per year that does not help thing which is why the pace needs to be picked up significantly.

In closing, I think it is quite likely that Michael has been on site which is why you may not have gotten hold of him.





After reading the recent MDA, I could not help but conclude that
If Mineral Creek bulk sampling project was a company, you could say that it is now under 'new management'.
That should be good news for all of us that have been patiently waiting for a turnaround. Expect things to pick up soon after spring. I'm betting BTT will surprise and reward us handsomely.
I backed up the truck this Friday and scooped up more BTT.

Rohstoffwährung CAN$ :

[Kostolanys Erbe]

email von Mr. Carr erhalten...


I hope to have the very good compilation report and news summary on the
website late next week, so you can read for yourself the potential.
Fiels season is just starting in BC now that the snow is melting at the
higher elevations.
I am optomistic that we can add significant value to our projects this
summer and have some very compelling drill targets for testing this fall.
MD+A will be out by June 29


...bin mal auf nächste woche gespannt...

[Kostolanys Erbe]

aus dem aktuellem MD&A:

Results of Operations

Michigan
Kennecott Eagle Minerals Company (KEMC) has recently received permits to drill-test the PGE-bearing Echo Lake layered intrusion at a site located approximately 200 metres from Bitterroot’s 100 percent-owned mineral rights. Bitterroot’s mineral rights cover approximately 50% of the 10 km-long and 3 km-wide magnetic signature of the Echo Lake layered intrusion. In 1997, Bitterroot’s drill hole EL 97-03 intersected 5.4 metres grading 1.01 grams Pt+Pd+Au/Tonne within a wider interval of 21.3 metres grading 0.52 grams/Tonne Pt+Pd+Au, starting at a depth of 994 metres. Twelve other PGE-enriched intervals containing greater than 0.1 grams Pt+Pd+Au/Tonne were also intersected. Subsequent to the end of the quarter, Bitterroot’s field crews initiated geophysical surveys on Ni/Cu/PGE exploration targets in the Upper Peninsula. No work is currently planned on lands subject to the Cameco joint venture.

On June 15, 2010, KEMC’s parent company Rio Tinto announced that it will invest US$469 million in the construction of KEMC’s Eagle nickel/copper project in Marquette County. This large capital investment represents a major commitment to the Upper Peninsula of Michigan by Rio Tinto. Rio Tinto, through KEMC, plans to expand its business presence in the region. Rio Tinto’s investment represents a major step forward for non-ferrous mining and mineral exploration in Michigan
In the six months ended April 30, 2010, Bitterroot spent $20,098 on its Michigan exploration projects, net of stock-based compensation and recoveries, mainly on mineral lease and geological consulting costs. Analyses reported above were done in 1997 at Chemex Labs Ltd. in North Vancouver, BC, by fire assay-ICP-AFS methods. Mr. Andy Bite, P.Geo is the Qualified Person responsible for the Company’s Ni/Cu/PGE exploration programs in Michigan.


Mineral Creek Gold Project, British Columbia
In the six months ended April 30, 2010, the company retained C.J. Greig and Associates Ltd. to complete an extensive GIS-based compilation of exploration data collected during the past 30 years on the 100 percent-owned Mineral Creek property. This data includes over 70,000 metres of drilling, plus surface and underground exploration data collected by Bitterroot, Westmin Resources and others. The compilation identified two areas of untested, strongly anomalous gold-in-soil geochemistry, located immediately to the north and northwest of the Mineral Creek Zone. These areas are characterized by two adjoining 300 metre-long, linear zones of anomalous gold-in-soils that suggest the presence of near surface gold mineralization, with supporting IP or magnetic responses. The gold-in-soil results received from these two areas comprise some of the higher values returned from the soil sampling done on the property by Westmin Resources. The data compilation also identified several extensive (~500-800 metres long), untested linear copper and copper/zinc-in-soil anomalies on the northern and western portions of the Mineral Creek property, which are prospective for intrusion-related or volcanogenic massive sulphide
- 3 -
mineralization. Exploration crews recently collected 390 soil samples to verify the tenor and location of several of these anomalies. Additional exploration is planned, subject to verification by the pending soil sampling results.
In June, Mineral Creek Ventures Inc. resumed bulk sampling activities on the Linda vein. In the six months ended April 30, 2010, Bitterroot received $62,386 for its 50% share of proceeds of gold and silver recovered from the bulk sample, all of which was derived from material mined in late 2009.
In the six months ended April 30, 2010, Bitterroot spent $242,293 on the Mineral Creek project, net of stock-based compensation and recoveries, mainly on 2009 drilling and ongoing geological consulting. Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the Mineral Creek project.
North Brenda Gold/Copper/Molybdenum Project, British Columbia
In 2009, excavator trenching on Bitterroot’s 100 percent-owned North Brenda property discovered a high-grade gold-bearing vein within a previously unexplored structural zone. The trenches tested the apparent sources of several gold-in-soil anomalies. Five of the channel samples collected across the exposed portion of the vein returned greater than 19 g/t gold over true widths ranging from 9 to 25 cm, with a high value of 57.6 g/t gold and 9.3 g/t silver over 11 cm. Cross trenches exposed the vein along a strike length of 100 metres and have also intersected parallel mineralized quartz veins. There is a strong hydrothermal alteration envelope around the veins and untested gold-in-soil anomalies along trend, all within a coincident magnetic low. These features suggest good potential for the discovery of an unexplored gold-bearing system on the road-accessible North Brenda property. The geological setting and style of gold mineralization are similar to the 650,000-ounce Elk gold deposit, located 20 km southwest of North Brenda. A program of soil sampling and magnetometer surveying encompassing approximately 12 square km was completed in November 2009 to evaluate other prospective areas of the property. Several new gold/silver-in-soil anomalies were defined, as were two prominent copper/molybdenum-in-soil anomalies. Trenching of several of these targets is planned in 2010.
In the six months ended April 30, 2010, Bitterroot spent $86,100 on the North Brenda project, net of stock-based compensation and recoveries, mainly on geological consulting and geochemical analyses completed in the first quarter. Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the North Brenda project.

[Kostolanys Erbe]

http://www.bitterrootresources.com/i/pdf/2ndQ10MDAfinal.pdf

hier das MD&A zum nachlesen.

Interessant ist auch das endlich MCVI weiter arbeitet.
Hoffe, es kommen bald neue news.

In June, Mineral Creek Ventures Inc. resumed bulk sampling activities on the Linda vein. In the six months ended April 30, 2010, Bitterroot received $62,386 for its 50% share of proceeds of gold and silver recovered from the bulk sample, all of which was derived from material mined in late 2009.

Da liegen noch so viele Dollars $$$$ zur Verarbeitung!


Kosto

[Kostolanys Erbe]

NEWS:

http://www.bitterrootresources.com/i/pdf/ExplorationReview-2…


All available results for gold, silver, arsenic, copper, zinc and lead were input. It was decided that the additional multi-element geochemical values provided by the ICP analyses should be processed for the north-central area of the property first, because it exhibits good geological potential for undiscovered VMS-style mineralization, as well as containing zones of strongly anomalous copper and zinc in soils.
If the multi-element results prove to be useful to help identify areas of potential mineralization then it would be beneficial to input the ICP results from all of the remaining sampled areas of the property into the GIS system.

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 39.785.225 von Kostolanys Erbe am 06.07.10 23:29:36

kleiner Nachtrag:

Fri Sep 3, 2010
Chief Financial Officer Appointed

--------------------------------------------------------------------------------

The Board of Directors of Bitterroot Resources Ltd. is pleased to announce the appointment of Mr. Barney Magnusson, CA, as its Chief Financial Officer. Mr. Magnusson has over 30 years of experience in corporate finance and the management of public companies. Mr. Magnusson is currently a director of SilverCrest Mines Inc. and Goldsource Mines Inc. This appointment is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS


Michael S. Carr
Director

[Kostolanys Erbe]

aus dem MD&A:

Michigan
Bitterroot’s field crews have resumed exploration for nickel/copper deposits in the Upper Peninsula of Michigan. Geophysical and geological surveys are currently underway, with the goal of defining drill targets which could be tested in the winter of 2010/2011, subject to financing. No work is currently planned on lands subject to the Cameco joint venture.
Kennecott Eagle Minerals Company (KEMC) (Tochter von Rio Tinto) recently drill-tested the PGE-bearing Echo Lake layered intrusion at a site located approximately 200 metres from Bitterroot’s 100 percent-owned mineral rights. Bitterroot’s mineral rights cover approximately 50% of the 10 km-long and 3 km-wide magnetic signature of the Echo Lake layered intrusion

In June, Mineral Creek Ventures Inc. resumed bulk sampling activities on the Linda vein. In the nine months ended July 31, 2010, Bitterroot received $62,386 for its 50% share of proceeds of gold and silver recovered from the bulk sample, all of which was derived from material mined and processed in the Company’s first quarter (late 2009). Subsequent to the end of the quarter, 30.5 ounces of gold were sold by the project operator at US$1,265. Approximately one tonne of gold-bearing sulphide concentrates are currently in inventory and will be processed over the next few months.
-


cash: 1,1 Mio.CAN$

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 40.271.179 von Kostolanys Erbe am 06.10.10 08:51:51

News:
October 27, 2010
BITTERROOT EXPANDS NORTH BRENDA LAND PACKAGE, COMPLETES AIRBORNE SURVEY
Bitterroot Resources Ltd. (TSX Venture: BTT) has completed a high-resolution airborne magnetic survey over its 100 percent-owned North Brenda property in south-central British Columbia. The Company has also added 28 new claims on the west side of North Brenda, bringing its total project area to 19,610 hectares (approximately 196 square kilometres or 76 square miles).
http://www.bitterrootresources.com/i/pdf/news2010-06.pdf


November 3, 2010
BITTERROOT COMMENCES AIRBORNE VTEM SURVEY
AT MINERAL CREEK, BC
Bitterroot Resources Ltd.’s (TSX Venture: BTT) geophysical contractor Geotech Ltd. has started a high-resolution airborne VTEM-LITE Time Domain EM survey over the 100 percent-owned Mineral Creek property near Port Alberni, British Columbia. The 400 line-kilometre survey will cover parts of the property which contain large untested zinc and copper-in-soil anomalies that are prospective for volcanogenic massive sulphide (VMS) mineralization in Sicker Group volcanic rocks. The Sicker Group also hosts the +30 million tonne Myra Falls polymetallic (zinc/copper/lead/gold/silver) VMS deposits which are located 80 km northwest of Mineral Creek.
http://www.bitterrootresources.com/i/pdf/news2010-08.pdf

Kosto

[jensdab]

Das sieht aus wie ein Ausbruch verbundeb mit großem Volumen - hoffentlich die Wende nach oben und kein kurzes Strohfeuer.

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 40.488.825 von jensdab am 10.11.10 00:44:56

hi jensdab,

das hoffe ich auch, das dies der startschuss ist. soviel volumen wurde in den letzten 2 jahren nicht gehandelt!

gutes management, gute projekte! hier braucht man etwas mehr zeit, aber alles unter 0,10 CAN$ ein klarer kauf.

nicht nur rio tinto`s tochter KEMC exploriert gerade in michigan...auch
ORVANA MINERALS CORP.: COPPERWOOD DRILLING AND SURFACE/MINERAL RIGHTS ACQUISITIONS

Orvana Minerals Corp. is commencing an 8,000-feet (2,500-metre) drill program at its Copperwood copper project,[b Upper Peninsula, Michigan,[/b] United States, through its wholly owned subsidiary, Orvana Resources U.S. Corp. The purpose of the drilling is to 1) upgrade resources along the eastern, western and northeastern edges of the Copperwood deposit, 2) better define geology to improve mine planning, 3) provide samples for final metallurgical testing, and 4) place exploratory water monitor wells in strategic positions for long-term control during any future mine operation.

Bitterroot hat Gold, Kupfer, Zink, Platin, Moly, Uran...und diese Preise steigen!

Geduld haben!

Gruss
Kosto

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 40.497.468 von Kostolanys Erbe am 10.11.10 23:16:45

November 12, 2010
C$704,000 FLOW-THROUGH SHARE FINANCING
Bitterroot Resources Ltd. (BTT, TSX-V) has agreed to issue 6,400,000 flow-through common shares priced at C$0.11 in a non-brokered private placement to Canadian investors, for gross proceeds of C$704,000. The proceeds will be mainly used to fund ongoing exploration of Bitterroot’s Mineral Creek and North Brenda gold and base metals projects in British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 40.517.035 von Kostolanys Erbe am 13.11.10 16:17:39

Mon Nov 29, 2010
C$770,000 Flow-Through Share Financing Closed With Mineralfields Group And Individual Investors

Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 7,000,000 flow-through common shares priced at C$0.11 for gross proceeds of C$770,000. These shares plus 329,454 broker warrants will be subject to a hold period expiring March 25, 2011. The shares were placed with four limited partnerships administered by MineralFields Group and six individual investors. The proceeds will be used to fund ongoing exploration on Bitterroot's gold/silver and base metals exploration projects in British Columbia.

[Kostolanys Erbe]

Antwort auf Beitrag Nr.: 40.618.016 von Kostolanys Erbe am 30.11.10 18:55:10

Heute mit schönen Volumen nach oben! +20%

[jensdab]

BITTERROOT RESOURCES LTD.

Suite 206-B, 1571 Bellevue Avenue, West Vancouver, BC, V7V 1A6
tel [phone], fax [phone]
www.bitterrootresources.com

NEWS RELEASE
June 13, 2011
C$200,000 UNIT FINANCING

Bitterroot Resources Ltd. (BTT, TSX-V) has agreed to issue 2,222,222 units priced at C$0.09 in a non-brokered private placement. Each unit will consist of one common share and one half of a common share purchase warrant. Each full warrant will be exercisable at C$0.15 for a period of 24 months. The C$200,000 proceeds will be used for working capital and to fund copper/nickel exploration in Michigan.
ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

[jensdab]

Bitterroot benötigt Geld und verkauft Minen claims.

Aktie ist in einem desolaten Zustand.

Es ist hat einen 5 Jahres Tiefpunkt erreicht!


BITTERROOT RESOURCES LTD.
Suite 206-B, 1571 Bellevue Avenue, West Vancouver, BC, V7V 1A6
tel [phone], fax [phone]
www.bitterrootresources.com


NEWS RELEASE
April 23, 2012
BITTERROOT RESOURCES SELLS MINERAL CREEK PROJECT FOR
US$1,000,000 AND ARRANGES C$500,000 UNIT FINANCING
Bitterroot Resources Ltd. (BTT, TSX-V) has agreed to sell the mineral claims comprising its
Mineral Creek Project and the related data and equipment for a purchase price of US$1,000,000.
In conjunction with the sale, Bitterroot has also agreed to issue 10,000,000 units priced at C$0.05
in a non-brokered private placement to the purchaser of the Mineral Creek Project. Each unit
consists of one common share and one half of a common share purchase warrant. Each full
warrant will be exercisable at C$0.10 for a period of 12 months. The financing is subject to the
acceptance of the TSX Venture Exchange.
The proceeds from the private placement will be used for working capital and to fund
exploration of the Company’s Windy gold project in Nunavut.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or ant


http://www.bitterrootresources.com/i/pdf/2012-04-23_NR.pdf

[jensdab]

News - Tuesday, May 01, 2012
Bitterroot Resources Closes Sale Of Mineral Creek Claims And Financing

--------------------------------------------------------------------------------
Bitterroot Resources Ltd. (BTT, TSX-V) has closed the sale of the mining claims comprising its Mineral Creek Project and related data and equipment for C$1,000,000.

In conjunction with the sale, Bitterroot Resources Ltd. has also closed a non-brokered private placement of 10,000,000 units priced at C$0.05. Each unit consists of one common share and one half of a common share purchase warrant. Each whole warrant is exercisable at C$0.10 for a period of 12 months. The common shares and any shares issued on exercise of the warrants are subject to a hold period expiring August 25, 2012.

A referral fee of 5% was paid in conjunction with the sale of the Mineral Creek claims and a finder's fee of 6% plus 600,000 warrants with the same terms as the common share purchase warrants were paid in conjunction with the private placement.

The proceeds from both the sale of the Mineral Creek Project and the private placement will be used for working capital and to fund exploration of the Company's Windy gold project in Nunavut and its Michigan properties.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr

Director


Heute 12,5 % Anstieg auf 0,45 $


Noch ein sehr weiter Weg bis zu den alten Kursen.




In der Spitze waren es schon mal fast 1,80 Canad. $

[jensdab]

Gibt es noch jemand, der dabei ist?

Heute ein großer Sprung und großes Volumen
Mal sehen, ob das nicht nur ein Strohfeuer bleibt.


0,066Euro +0,042
+175 %


News - Wednesday, September 05, 2012
New Ni/Cu/PGM Targets Identified In Michigan

--------------------------------------------------------------------------------
Following recent drilling and land acquisition activities by Rio Tinto on parcels adjoining Bitterroot Resources Ltd's (BTT; TSX-V) mineral rights in Michigan, a Bitterroot-commissioned aeromagnetic survey has been completed. Analysis of data from the aeromagnetic survey has identified a number of new targets located on Bitterroot's 100%-owned mineral rights. Several of Rio Tinto's drill collars are located within 180 metres of Bitterroot's mineral rights, testing the area shown as "Target 2" on the attached map.

The new targets have potential to host conduit dyke systems which are favourable for the accumulation of high-value Ni/Cu/PGM-bearing sulphides similar to Rio Tinto's high-grade Eagle deposit (3.2 million tonnes @ 3.89% Ni and 3.04% Cu). The Eagle deposit is located in a similar geological setting, approximately 75 km northeast of the area covered by Bitterroot's aeromagnetic survey. The Eagle mine is under construction and is expected to be in full production in 2014.

The attached map shows magnetic signatures and land ownership on four of Bitterroot's Ni/Cu/PGM targets, which are similar to the magnetic signature of the Eagle deposit. Other targets manifest themselves as more tabular features which may represent the remnant keels of larger intrusive bodies.

Bitterroot controls a growing portfolio of nickel/copper/PGM exploration targets within its 360 square miles of wholly-owned mineral rights in the Upper Peninsula of Michigan.

Management is currently assessing various financing and industry-related options for the exploration of these targets.

Mr. Charles Greig P.Geo is the Qualified Person responsible for the technical content of this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

http://www.bitterrootresources.com/s/newsreleases.asp?Report…

[jensdab]

News - Monday, September 10, 2012
Title: Aeromagnetic Surveys Completed at Windy Gold Project, Nunavut

--------------------------------------------------------------------------------
Bitterroot Resources Ltd.'s (BTT, TSX-V) geophysical contractors have completed airborne magnetic surveys over the Company's 100 percent-owned Windy Gold Project in southern Nunavut.

The survey has identified the continuation of structural and stratigraphic trends which are present on Prosperity Goldfields' adjoining Kiyuk Gold Property. Results from the survey will be used to plan Bitterroot's 2013 exploration program on the Windy property. Drilling by Prosperity Goldfields on its neighbouring Kiyuk property has identified four encouraging zones of gold mineralization, each with multiple gold-bearing intervals. Several encouraging new prospects have also been identified on the Kiyuk property following property-wide surface sampling and prospecting.

A detailed analysis of aeromagnetic, VLF-EM and radiometric data from Bitterroot's high-resolution 5,722 line-kilometre survey is expected to be presented to management in October. The aeromagnetic survey covered a 460 square-kilometre area underlain by Paleoproterozoic sedimentary rocks of the Hurwitz and Kiyuk Groups.

Bitterroot management's current focus for its shareholders is advancement of the Michigan Ni/Cu/PGM targets. Management is assessing various corporate options for the exploration of these road accessible targets. Gravity surveys are planned to begin over selected targets in late September.

Mr. Charles Greig P.Geo is the Qualified Person responsible for the content of this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr

Director

[jensdab]

Schöner Anstieg von 23,8 % auf 0,13 Canad. $ in Toronto.

Langsam kommt Bewegung in diesen Minenwert. Im Chart deutlich die Zunahme im Volumen, nachdem sie monatelang vor sich hindümpelte....

Am 10.9.12 war 52 Wochen Hoch


Performance
Zeitraum Performance Ø Volumen pro Tag
1 Woche +216,67% 9.200
4 Wochen +261,90% 2.091
52 Wochen +72,73% 494

Hoch/Tief
Zeitraum Hoch Tief
Intraday 0,11 (12.09.2012) 0,07 (12.09.2012)
Jahr 2012 0,10 (10.09.2012) 0,01 (29.06.2012)
52 Wochen 0,10 (10.09.2012) 0,01 (29.06.2012)

[hadesitem]

Antwort auf Beitrag Nr.: 43.598.135 von jensdab am 13.09.12 00:03:21

schöner anstieg.....was ist hier zu erwarten..?
für einen kleinen 3 zeiler sage ich danke im voraus

[jensdab]

Antwort auf Beitrag Nr.: 43.606.517 von hadesitem am 14.09.12 16:51:22

Wie es mit Bitterroot weitergeht, ist schwer, einzuschätzen. Auf jeden Fall ist nach dem enormen Anstieg zu keinem erheblichen Rückschlag gekommen.

Ich vermute, dass sich die Aktie zumindest auf diesem Niveau hält oder weiter steigen könnte. Aber das ist nur Spekulation. Auf jeden Fall ist eine enormed Aktienvolumen entstanden, das war seit 4 Jahren nicht mehr so stark.
Das ist ein Zeichen, dass Bitterroot z.Zt. begehrt ist und bei weiteren guten news es aufwärts gehen könnte.

Hier ist ein 4 Jahreschart:




und ein Lanzeit 10 Jahreschart, da war BTT noch bei 1,40 C$ wert.




Auch heute wieder ein schöner Aufwärtssprung von + 15 % auf 0,15 C$

Über 1 mill. Kaufvolumen und 260000 Verkäufen.

Ich bin ziemlich zuversichtlich über den weiteren Verlauf....

[jensdab]

Noch mal ein Anstieg von 13 % auf 0,17 $

Der Aufwärtstrend ist immer noch vorhanden mit weiteren Käufen und einigen Gewinnmitnahmen.