“Our Indonesian project is proceeding nicely and we hope to have more news on this shortly. We are exploring several opportunities there in earth metals and in noble metals. We have received a letter of interest from the local chamber of commerce and have a clear path of development before us.” In British Columbia, we have several very solid prospects, currently requiring financing, where we have entered into negotiations to purchase and develop these prospects. Finally,Greenland, the last vast untapped northern remote island, has enormous promise and we are working on developing this prospect. We have seen very promising results and we have only tipped the iceberg.” he was quited as saying in a recent interview.
“With these prospects, BYRG’s goals are to execute in the very near term a business development program centered around increasing holdings and production of mineral reserves for both long term management and short term development and production that can be sold on the current market. This means bringing funding to bear on minerals that have immediate value, and bringing partnerships to those that have long term value. As various types of minerals are coming into play we want to maximize development for minerals reaching their market peak in value. Then we want to bank or hold long term those that have yet to reach their peak and may be several years away from doing so.” said David A. Bryant, CEO of BYRG.
BYRG and its advisors believe that strategic development of mineral rich lands will give the shareholders the best long term returns of any industry including government and municipal investment. BYRG is tailoring a specific financial reward system for its long term shareholders.
Completion of the proposed transactions are dependent upon important contingencies, including BYRG obtaining financing and guarantees, of which there is no assurance.
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