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Monday, 06/08/2015 1:38:44 PM

Monday, June 08, 2015 1:38:44 PM

Post# of 55227
DIN: Okay, and the key thing about Brazil Minerals is that it now owns 100 percent of Mineracao Duas Barras. What's the background of Duas Barras?

MF:
The Duas Barras property was developed by a Canadian company that was publicly traded when it began generating revenue from the property. Its run rate was about $10 million a year of revenue and it had a market cap on the TSXV of around C$400 million.



Wow! About 325M $USD market cap of the previous owner!!! And we are sitting at less than $500K right now! Room for PPS to grow, you think?


http://www.thestreet.com/story/12937096/1/brazil-minerals-pursuing-profitable-diamond-and-gold-mining.html


This post is my personal opinion. I do not provide investment advice.

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