Posted AT 3:33 PM EST on 04/11/08
Birch Mountain shares plunge on creditor demands
CALGARY — Shares of Calgary-based Birch Mountain Resources Ltd. plunged 73 per cent Tuesday after the company announced its principal secured creditor, Tricap Partners LLC, has demanded repayment of its loans to the limestone and gravel development company, which operates in Alberta's oil sands region.
Birch Mountain stock fell 5.
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