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What I think will happen is brne will do deal with another miner to take their lithium for processing. Other miners are working on gold & other minerals, do not have time to mess with processing lithium. I would expect a partnership where they set up a plant next to another miner to take their lithium and pay them a royalty or fee. win-win
If they went ahead and developed a complete mining operation they would encounter gold and other items. Better to work with existing miner who doesnt care about lithium.
Terry knows the players in Indonesia, he has done deals in Indonesia before, partnership would require less funding than a complete operation even though he has funding sources
Do you know if Indonesia have any lithium brine resources? BRNE happens to be a great symbol if they explore Lithium Brine at all (BRNE is pretty close to BRINE)
Thank you! Exciting times for the EV space, and to have a junior lithium player under $2M market cap is pretty much unheard of. I hope they come through with some solid plans and execution, and careful/targeted share structure management... if they do then the sky is the limit.
Looks like a good dip coming our way. Will be good opportunity to load while we wait a few more months for updates from the company.
Picked up some info, Terry is going to Indonesia for a month so the assumption with that is he will be doing something over there with BRNE.
He will be back in Dec so I would guess we will hear more about plans and deals in Dec.
Would be nice if he shared some ideas before he left.
He also said he will head back to Indonesia in Jan for a couple months. Again hopefully some of that time will be spent on creating some value for BRNE.
Other items were he mentioned it is easier to do mining, get permits, get workers and its cheaper to mine in Indonesia. Lots of mining currently going on there so the country is good for projects.
PR time BRNE why wait, let’s see this to where it belongs .10 on lithium news!
1 solid PR update and BRNE could go straight to silver .05+/share. Waiting game until the company says or does something.
I can’t believe ppl sleeping on this one. Sure there’s a risk they are irresponsible with the shares, but that’s ALWAYS a risk on OTC. This is a lithium operation with experienced CEO in charge here and the mkt cap is in the low single digit million $ range. Silly. Trading at the value of an empty shell basically. Hopefully they drop a PR and wake up the market.
Low float now so this will move with the volume, easy double today
Many long term holders from couple years ago waiting to make their money back. I am predicting the number of shares available are much smaller.
Would be good to put in sell order after your buy to minimize the short available.
anyone short this picked the wrong stock because of the share structure, this will run until they create some news
news will probably be on lithium mining plans as stated
Borneo Resource Investments Ltd. is an aggregator of proven EV metal and natural resource concession assets in the Republic of Indonesia.
BRNE pink current, looking good
Yield sign removed, Pink Current
https://www.otcmarkets.com/stock/BRNE/security
@Homebrew... Good info. Appreciate it. Thank you for sharing. I will be sure to bookmark this site for future reference. Thanks again :)
That crooked Click-Bait site intentionally misrepresents meaningless intra-day order processing VOLUME as shorts.
Short INTEREST are open short positions needing to be bought back at some point in the future.
https://otce.finra.org/otce/equityShortInterest
"...Otcshortreport..."
Waiting on “ Regulatory Approval”.. Then SHE BOOM… IMO
You have a broker that plays penny stocks? I would like to know them.
Or are you looking for a brokerage house such as TD Ameritrade who has processed all my penny trades very well. Actually get some good buy/sell prices when there is an advantage off the limit price that needs to be put in.
I am full up on this one so waiting for the Pink Current sign even though all paperwork is filed.
Then will be the news on a mining plan which again should draw some interest.
I think terry will hold the release of extra shares until the stock price has a good base over .01. Any selling now by the company should be minor to pay the lawyer/accountants.
Previous shareholders & the debtors will be in this for the longer term play otherwise terry would not have taken receivership of this project. They want to do a lithium mining deal in Indonesia. If they do their PR correctly this will be a very good investment at these levels
My broker doesn't allow me to buy BRNE. What broker are you using?
Should be going current any day now
I would like to see Reddit take this stock and start buying the hell out of it
Agreed. Otcmkts taking their sweet dang time with marking BRNE current... but it’s coming. Absurdly low valuation here, can easily be 10x or 20x higher with one strong PR. We will see.
Agree, filbert was recruited to this opportunity because he has all the contacts for mining in Indonesia,
I am sure one of the debtors brought him in and made it worth his time, I would imagine they laid out a plan for him, they probably took care of doing all the updated disclosures and becoming current as that is probably not filberts expertise.
with that in mind he just needs to go out and make deals to mine lithium.
If he is successful then the debtors will be paid or acquired the majority value in the re-born company.
In mining it is easy to create hype, mining is big in Indonesia, their country/govt supports it because it is a big export product And most of all they are going after the precious metal Lithium. I am sure they will find or mine other metals however the Lithium will create the noise/hype and draw in a bigger/better partner.
Going Pink is big because no partner would do a deal without it.
Being in US markets allows access to more $$ and better partners.
As news comes out the stock price should rise.
I’m pretty sure Filbert had nothing to with BRNE until he was brought in recently as Receiver. I could be wrong. Either way great SS here if they do something good with it. And it’s a pink so it comes with all the risks of a pink... invest carefully, and never more than I can afford to lose. This is essentially gambling. That said, I’m thinking .10 is plausible in the near future. Time will tell. Glty
There are no plans. How many years has Filbert had to get this turned around? Wtf is going? Makes me f’ing sick.
I'm not sure if groups adding is a bullish or not. Maybe. One thing that would DEFINITELY be bullish is a decent PR from the company about their plans...
Groups are in adding here..…. BRNE
Borneo Resource Investments Ltd. is an aggregator of proven EV metal and natural resource concession assets in the Republic of Indonesia.
Market Cap Market Cap
$1,437,015
10/07/2021
It just doesn’t get better than this. Absurd that this is sub penny imo
Next days ahead we go current.. BRNE
Any pr on lithium will blow.. BRNE.. SLOW AND STEADY GAINS…
Easy… Great day so far IMO… Showing higher lows
Somebody selling 45's now... if this gets current and a solid PR next week it will be .01+ in a heartbeat
I wouldn't call it a judgment against the company at this point, since the Receiver (CEO Filbert) is now in possession of the shell. It all depends on what they do with the A/S, what their business plan looks like, and how/if/when they increase the O/S. One good PR and this could see dimes on this float. Fingers crossed.
Patience is a scarce commodity apparently on BRNE
Our bernie is going ones again - trading @ $0.0053 (up 18%) and going!
The best kind. Fly under the radar and grow
GTSM looks as like there on board for the anticipated run up.. Watch them… BULLISH
I can see that the float hasn’t changed for several months now cording to OTC. It sounds like the logical thing to do if I was in his shoes. Thx
In Annual Report
https://www.otcmarkets.com/stock/BRNE/disclosure
If Terry does this correctly it should not be a problem however if he does not build something here it will become a dilution machine.
That is why I am looking for other people's opinion, has anyone seen this in stocks/companies they owned
My prediction is he creates news and drives stock higher before anything happens with the shares as he is in control of them initially.
I didn’t know they had a judgment against them.. I see they increased the a/s.
Looking for your input on post 9732 as you seem to have been following/posting on this stock
When outstanding shares go up how will this affect your valuation/price prediction?
Lithium news will be good here however Terry also needs to inform shareholders his intentions on the 10,000,000,000 share settlement
Thank you Liquid1974...but
any estimate on share price in the next 30 days.
Disregard previous post. Wrong country.. This is what I wanted to post… https://www.mordorintelligence.com/industry-reports/indonesia-battery-market
People selling under .005 when this is about to go current and awaiting initial update from the new CEO. You can lead a horse to water but can’t make him drink I guess.
Colossal easy $.50 with current s/s…. https://twitter.com/liquid1974/status/1446247683753189379?s=21
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