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Trading under the symbol BRYN.PK.
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Xtremepicks.com alerted our members at $0.025 on BRYN - That's over 1500%!
Bryn Resources Inc. engages in the exploration and development of mineral resources primarily in Canada.
http://www.brynresources.com/
Over the past few months BRYN has started gaining the attention of the investing public and the stock has been on quite a run. The following chart shows massive volume pushing the stock up as investors realize that the decline in the U.S dollar, massive deficits being run by the U.S government and the safe haven status of GOLD will continue to reward all those long this space.
There are many ways to gain exposure to this sector and participate in this multi-year bull cycle. By far the most rewarding is in the junior micro cap arena and that’s where BRYN shines.
SHORTS ARE CAUGHT ON THIS ONE! They did not realize what was BRYN's potential. It seems that the shorts started shorting BRYN at around $0.20 and now they are in deep trouble.
Shorts are breaking down with every Press Release which is building BRYN into a solid Gold Producing Company.
BRYN has been very busy lately working on deals to secure over $83 million in Gold and Silver reserves:
November 12: BRYN announced “that it has finalized the form of a Letter of Intent with Cayenne Gold Mines Ltd. which it will sign today detailing the parameters within which it may enter into a Joint Venture Agreement (J.V.) with Cayenne to commence and complete a bulk sampling extraction from Cayenne's Windflower Property near Revelstoke British Colombia in the Kootenay Mining Division of B.C.”
November 13: BRYN said “the expectation for profits is greatly increased. It appears as though the Windflower property has approx. 30,000 oz. of proven gold mineralization which at present values would generate $33,000,000 subject to extraction costs.”
November 25: BRYN announced “that it has finalized the form of a Letter of Intent with Dominic Gingras the owner of 22 mining titles known as The Montauban 4 property, which cover 528.02 hectares North of Quebec City, Quebec.”
November 27: News was out that investigations undertaken in the Montauban 4 Properties in Northern Quebec “have revealed measured and indicated resources of 38,832 ounces of gold and 356,886 ounces of silver at which present values would generate $50,000,000 subject to extraction costs.”
November 30: BRYN released news “that the drilling program in respect of the Windflower Property has commenced with the dispatching of the drilling crew to the site this past weekend.”
BRYN is potentially sitting on $83 million in reserves and this is just the beginning . BRYN plans to build itself into a mining heavy weight, paving the way to new opportunities or possible buyout contention.
When asked about the recent interest in the company BRYN replied
“The recent surge in volume and the buying interest in the company's stock could be due to some of the recent meetings and calls held with institutional investors in the US and Canada”
“Bryn Resource Inc. was well received by those investors because of the company's new focus on acquiring producing and near producing properties. The company anticipates being able to deliver some more strong acquisition news in the next seven to ten business days. The company stated mission is to acquire North American gold producing properties. We believe we have identified a handful of new targets which would fit well into our timeline of 0 to 12 months development”
December 4: Shockwaves were felt when BRYN released news that “BRYN Resources Inc rescinds its agreement with DRLLC – 80 Million Shares to be cancelled" effectively reducing the shares outstanding by 75% and the stock more than doubled intraday in the following trading session!
December 7: As an encore to the December 4th release, BRYN announces” Management is committed to building value. Shareholders can expect news on drill results on our Cayenne JV, a new JV with a Canadian mining company listed on the CNSX, and the closing of our funding. Beyond the share reduction, Bryn Resources is also considering a dual listing in Canada as a further way to combat shorts.
As we look out into the future it is easy to conclude that more and more investors will soon realize the enormous profit potential with BRYN. There is going to be some big money looking to get a piece of a very small float which will translate into much higher prices from here.
Keep this rocket on your radar and stay tuned to Xtremepicks.com your penny stock connection.
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