Abstract: A cutting tool comprised of tool hardened steel having a holder end and an opposite end. A series of axially extending slots are provided on the tool at an outer circumference of the opposite end. The slots each have a radially extending slot wall positioned so as to extend in a plane that intersects a longitudinal axis of the opposite end. Each of the slots also have a generally radially and diagonally extending slot wall confronting the radially extending slot wall associated therewith. Jig ground pins mounted in the opposite end and extended across a radially inner end of the associated slot. A series of cutter bits are mounted in the slots and bottomed on the jig ground pins positioned at the radially inner end of the associated slot. A series of cutter bits with one of the bits in each of the said slots.