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Beartooth delists from American market

Company Online Stock Trading by Armando Duke - Senior Staff Reporter

When you are overseas buying and selling stocks, you have to be aware of the time zones. It may be market opening time in London, but that does not mean that the NASDAQ is open for trading. So time zones do come into play when you are stock trading and you have to take these into effect when you are stock trading.

Online Trading Stock And Citing excessive costs as its reason, Vancouver BC based Beartooth Platinum (TSX.V: BTP) delisted from the US stock market following a change in control and CA$1 million dollar financing.

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Foreign countries are never left out of the online stock trading world. There are stock markets all over the world; England and Japan are two prime examples of these foreign stock markets. People all over the world are free to take part in stock trading, just so long as they have the Internet companies ready in their country. They can then buy and sell shares from companies all over the world. You can be in London and buy shares from a company on the NASDAQ or you can be in Los Angeles and buy shares from a company in the FTSE 100. The ability to do this is a great advantage as it means that you don't have to keep going to Wall Street to take part in stock trading.

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Stock Investing Game February 9, 2004 (AXcess News) Vancouver BC - Beartooth Platinum Corporation (TSX.V: BTP) announced Monday the completion of a CA$1 million dollar financing to a group of investors, led by Forbes & Manhattan, Inc. and the simultaneous delisting from the American stock market.A total of 10,000,000 Units were issued consisting of one common share and a warrant. The Unit's issue price was $.10.

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Market Stock Trading The proceeds will be used by Beartooth for exploration purposes at its gold property in Idaho and its Platinum Group Metals property in the Stillwater Complex of Montana as well as for general corporate purposes.In addition, the previously announced sale of 9,285,800 shares and 2,037,268 warrants owned or controlled by Ted Tomasovich to the investors was simultaneously completed with the closing of the financing.

Online Stock Trading Canada As part of the restructuring, Delbert W. Steiner, Theodore Tomasovich, James Clucas and Reid Keays resigned as directors of Beartooth but will continue to serve as consultants to Beartooth.

Stock Investing Basics When asked why Beartooth delisted, Mr. John Andrews, director, said, "We should never have been there in the first place. Its horrendously expensive."According to Andrews, the Company had completed a CA$1 million dollar private placement in 2000 and a promise had been made to investors to register their shares in America. The costs exceeded US$350,000, which was almost half the capital raised.

Day Online Stock Trading Beartooth's new investor, Forbes and Manhattan, is controlled by Gerry McCarvill and Stan Bharti who are also directors of Desert Sun Mining Corp. (TSX: DSM, BSE: DRT) and Crowflight Minerals (TSX.V: CML), two companies that are also in precious metals. Forbes and Manhattan now represents over 40% control of Beartooth, after buying out its largest shareholder and investing, according to Andrews.

Online Stock Trading Game Forbes and Mahattan's knowledge of Platinum and Gold mining lends itself to Beartooth's properties and capabilities and with the change of control, lower regulatory costs through U.S. delisting and the infusion of capital, Andrews is optimistic towards his company's future.

Stock Investing Software TSX.V: BTP last trade on Monday at 2:23pm ET was CA$.37, up CA$.05 or 15.6%, on heavy volume of 560,050 shares. The 90-day average daily volume was reported to be 138,498 shares and its 52-week hi/lo was CA$.045 to CA$.345. BTP had broken past its 52-week high on news of its financing being completed.

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