Member Info for Miner1

I bought in at 210.089p. It seemed the sensible thing to do.

The directors need to come up with evidence that their recent investments are worth anything and the money they got from the warrants has gone into developing the company.

LTI

'I have never bought any AIM stocks.'

Very wise. They can be very risky, but think of the excitement if you did, and it took off.

Dusty

What do you make of this?

Stichting Depositary Plethora Precious Metals Fund Reports Early Warning Report in respect of Bitterroot Resources Ltd. (TSXV: BTT)

UTRECHT, Netherlands, April 04, 2022 (GLOBE NEWSWIRE) -- Stichting Depositary

Plethora Precious Metals Fund (“Plethora”) announces that on March 31,

2022 it has acquired, by way of private placement, 5,000,000 Units of

Bitterroot Resources Ltd. (the “Company”) at a price of $0.10 CAD per

Unit, for gross proceeds of $500,000 CAD (the “Transaction”). Each

Unit consists of one common share (a “Share”) and one-half of one common

share purchase warrant (each whole common share purchase warrant, a

“Warrant”) of the Company. Each whole Warrant is exercisable into a Share

at a price of CAD $0.20 expiring on March 31, 2024. The Transaction resulted

in the acquisition of more than 20% of the issued and outstanding common

shares of the Company by Plethora.

Prior to the Transaction, Plethora owned 8,600,000 Shares of the Company and

4,200,000 Warrants of the Company, representing 10.69% and 15.12% of the

Company’s issued and outstanding common shares on an undiluted and partially

diluted basis respectively. Following the Transaction, Plethora now owns or

controls an aggregate 13,600,000 common shares, and 6,700,000 common share

purchase warrants, representing 21.32% of the Company’s issued and

outstanding common shares on a partially diluted basis. On an undiluted basis,

Plethora’s ownership after the Transaction represents 15.36% of the

Company’s issued and outstanding common shares.

In satisfaction of the requirements of National Instrument 62-104 –

Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early

Warning System and Related Take-Over Bid and Insider Reporting Issues, an

early warning report respecting the acquisition of securities by Plethora will

be filed under the Company’s SEDAR Profile at www.sedar.com.

The Transaction was completed for investment purposes. Depending on market and

other conditions, Plethora may from time to time in the future increase or

decrease their ownership, control or direction over securities of the Company,

through market transactions, private agreements, or otherwise.

Plethora is incorporated under the laws of the Netherlands and its head office

is located at Prins Hendriklaan 26, 1075HD, Amsterdam, Netherlands. The

principal business of Plethora is a Management Fund.

The chart indicates that MET1 may be oversold.

I have great faith in what charts say, provided they are backed up by factual evidence. Unfortunately, factual evidence for MET1 actually being oversold is a little thin on the ground at the moment.

If what the directors say is true, this is a definite buy. After all when have any of us ever come across lying directors?

It's just a question to myself really. Because I have actually come across directors who have lied when they said their company was doing great things, when it was actually going down the pan. My gut feeling tells me to be wary of what the directors of this company are saying.

They need to come up with solid evidence that their investments are worth anything and all the money they got from the warrants has gone into developing the company.

Dusty

BTT looks good

Sell on Friday and buy back when it reaches bottom? That takes finesse. I'm not sure I can do it. I'll probably sell at the bottom and buy back at the top.

I think the offer is low and not the best deal for ordinary investors like us. Perhaps IPF is holding out for more?

The new deadline is Sept 24

That head and shoulders formation that some people mocked me for because I pointed it out, has lived up to its reputation as the harbinger of bad things to come. Apart from a temporary lift soon after the head and shoulders ended, the share price went into a downward trend from which it shows no signs of recovering. The problem with the MET1 sp is that it was low even before the head and shoulders, so if the downward trend continues, the share price might actually drop to under 1p without any guarantee that it won't keep on going down, even from there.

It's not what I'm hoping for and I really do hope that the sp doesn't go there, but will recover, and recover soon.

But I'm only an amateur chartist, not an expert.

I hope so. At the moment it has gone below 4p

In my day, the bottom drawer was where girls would keep their sexy lingerie ready for when they got married. That made their bottom drawer somewhat special. Perhaps the meaning has changed?

I wonder if he is still holding any of these shares? Maybe not

Thanks MrRSoul

I deliberately made my message general in the hope it would attract the attention of Dusty or someone who was generally interested in miners and metals.

I'm trying to research the whole field, or as much as I can, to find the best prospects.

Mrninjazx6

Thank you for your response. However, I posted on here because I was asking the question of some people who post on here and not necessarily on the Serabi Gold chat site. They know who I am and might respond if they see my post on here.

I hope that clarifies things for you

Anyone got an opinion about Serabi Gold?

For anyone interested in metals. think Serabi Gold is worth taking a look at. It's doing well and has been doing well for quite a while. It also pays a dividend

I sold all my MET1 shares so am just watching from the side lines. I still like the company's story, provided it's genuine. I may buy back in if I see things improving.

I'm a bit bothered about the management. Partly because of the recent interview that most people have probably seen. I was especially concerned by the performance of Craig Moulton. I felt that he looked and spoke as if he was wishing that he was anywhere else but in front of the camera. The only other time I've seen a company director come across in that way in an interview, she was lying through her teeth and all the wonderful things she was saying about her company were untrue. As we discovered not long afterwards. The company still exists but it's a long way from being the world beating company that we were told it was going to be.

LTI

The dividend varies with the share price. It was 11% when I first bought.

Thanks Dusty

I'll check them out. And I'll still keep an eye on MET1.

The concern I expressed resulted from discovering so many people on here seeming very upset at what had happened. But apart from the sp having dropped further, I couldn't make out what was wrong. I assumed that there'd been some devastating news, like the company going out of business. I even did a trade to see if it would work. It did.