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To Liquid1974:
Just your guesstimate...
Where do you estimate this running to...
Lithium reserves in India:
Researchers at the Atomic Minerals Directorate( under India’s Atomic Energy Commission) have estimated lithium reserves of 14,100 tonnes in a small patch of land surveyed in the Southern Karnataka’s Mandya district recently. Also to be India’s first ever Lithium deposit site found.
India currently imports all its lithium needs.
A “Khanij Bidesh India” has been setup to source and acquire mines in Argentina, Bolivia and Chile.
The exploratory work is meanwhile also on to possibly extract lithium from the brine pools of Rajasthan and Gujarat and the mica belts of Odisha and Chhattisgarh.
Evolution of Lithium’s production and usage:
First application: In high-temperature lithium greases for aircraft engines in the wake of World war 2.
Then came Lithium soaps.
Advanced applications:
Lithium-6 and lithium-7 produce tritium when irradiated by neutrons ie in nuclear fusion weapons and inside hydrogen bombs in the form of lithium deuteride.
Consequently during Cold war, US became the prime producer of lithium between 1950s to 1980s. At the end, the stockpile of lithium was roughly 42,000 tonnes of lithium hydroxide and it got depleted by 75%.
With the surge of lithium demand in batteries in the 2000s, its demand increased significantly and so does the number of new companies to get their hands onto the Lithium business….BRNE
AL today, looks like BRNE going OTC Pink current next week
Borneo - Got little wings today guys. Coming from $0.0037 seeing half a cent as we speak on volume spike.
Their attorney published a second letter. To be viewed here if you whish:
https://www.otcmarkets.com/stock/BRNE/overview
No change!
Outstanding Shares
319,336,594
10/05/2021
I see you are correct. I thought they were current.... must be coming soon with those amended filings.
It has the yield sign on otc markets?
PR soon? Why get current and then stay silent... I think we hear something from BRNE soon.
Will be interesting to see if this changes on next update.
Outstanding Shares
319,336,594
09/29/2021
They submitted all items for Pink, https://www.otcmarkets.com/stock/BRNE/disclosure
Attorney letter went in on 9/14, now just waiting for processing
Looking at financials/disclosures they paid accountants/bills via shares so they have some bills to pay, was surprised to see them unload now, looks to be smaller amounts.
Too bad there is not more expose on this as those sells should not move a stock that much but they did.
The key in my opinion will be the Small Float on this.
I believe with Terry's contacts in Indonesia and connections with baru gold they will find a deal if they have not already.
otherwise there was no reason to bring this current and go through the trouble unless he was going to make something happen.
Still looking for jfkspire opinion
Don't fully understand the dumping. Yes, the A/S was finally updated to 14.4B. But companies usually can't dilute without positive and good news to increase interest. BRNE isn't even pink current.
I could be wrong, but IMO something is going to happen here before the dilution starts.
This makes sense to me. Hope we get a solid update/ biz plan here. EV metals are huge. Do you know more about Potential lithium sources in that part of the world? I’m in another stock looking at Brine lithium
Looking for your input on post 9732 as you seem to have been following/posting on this stock
Ragging squirrel has good point so I will buy more today, averaging down as I am now a bagholder
Been seeing lots of articles on growing demand in next 10+ years for Lithium so the hope is any company announcements will include that word
I believe you have an excellent point here sire.
The illiquidity of the thing would make it drop (or soar) in a heartbeat the moment a chunk of shares would be offered/bot.
The drop here is nothing more or less then a couple of bag holders losing their patience. With almost double the average of traded shares, the total amount reaches 125k USD. Hardly worth the effort to sell and let go for any investor.
I'd say excellent buy opportunity to reload at discount levels. The price be in it 50's before mid-week again.
How does this sound, Judgement against company in 2015 was $millions, which company could not pay, so in 2019 agreement was reached to convert the debt into 10,175,239,689 shares, 0.0009 conversion rate, the Receiver is Terry, who runs baru gold. That is when they had to increase the Auth Shares from 400,000,000 to 14,400,000,000.
My opinion is Terry brought the company current so he could exercise the judgement and the shares due. Whoever Terry is representing will effectively own this company when they execute the judgement and shares.
They know the only way to make back their money is to increase the share price/value. Selling now would drop the price so quick they would be sitting as they were before, with nothing. My opinion is they will build something here, with the mining contacts they have in Indonesia. They can quickly create a company with some value because there are alot of existing mining operations in Indonesia. They are targeting lithium because it is in demand and popular metal now.
My belief and reason for buying now is Terry will probably not sell any of their shares until they execute their plan for a bigger payoff. I am sure they will sell some shares to fund operations but I think those 10bil shares will stay off the market until they run up the price and execute most of their plan.
I thank you in advance for your info and feedback
I just did figure it out
Why don’t you tell us the plan?
14bill added to the AS I think we know the plan and drill here
Bot more last two days, starting to look like I have a position
Main reason is they became pink current quickly for a reason,
as soon as they tell us this will be worth more than a $1-2mil market cap.
Seems easy to buy just on the market cap
Hope they dont partner with baru as they are stuck in holding pattern
Terry needs to start this from beginning and with his experience, hopefully doing the correct partnerships, they will make some noise.
Foreign mining companies love to hear US stock exchange company wants to do a deal. Terry just needs to make sure its a good one.
Just needs an update about their plans. Especially if they address the question about when/how they will use the Authorized share, it seems like it could be a good runner if they have a real plan
https://barugold.com/investors/investors-presentation/
Pretty interesting, seems pretty likely they are going to be connected in some way with BRNE
Where is a Company Source of Info to research?
I am not interested in their sister company news or youtubers providing opinions and guessing what minerals they may mine for.
I can see they have all the paperwork in to be Pink Current.
I can see they have an extremely low market cap for a company ready to have the yield sign removed. That alone is where your 10x will come from.
I can see the lower # of shares.
Looking to buy more so What else?
thanks in advance for your info
Yes, they need some PR, a published plan, where to find that? Wondering if their is another news source to justify my purchase of this stock?
I would think the sister company Terry has will take all the gold, but where is the news about any other mineral finds by the sister company? They talk about drilling program however I do not think it has started so would need proof that something other than gold exists.
maybe jfk will do some more homework this weekend?
thank you for the information you find to help us with this one
$BRNE in Stealth Mode!! Many will wonder why they missed out!!
EV Sector and Precious Metals!!
indonesia largest #gold mine in world with forecast $15 billion EBITDA 2021 at $60B EV thanks
@GoodreidInvest
@BNNBloomberg
look for new #gold mine $BARUF
@CapitalJemini
Indonesia get a mention with $FCX Freeport McMoran thanks to #copper exposure and #indonesia largest #gold mine in world with forecast $15 billion EBITDA 2021 at $60B EV thanks @GoodreidInvest @BNNBloomberg look for new #gold mine $BARUF @CapitalJemini pic.twitter.com/j8Hwpc3k0l
— BaruGoldCorp (@baru_gold) September 17, 2021
Thats it? Your buying because of barchart?
Who said the CEO is smart? most of the smart CEO's I play golf with are already rich and retired. Is he retired and rich, not saying that is the only qualifier for being smart.
He has been in mining for 16 years? thats it? I would think he needs to have more under his belt than 16 to be a really smart industry person?
I golf with guys who turned 3-4-5 businesses in 16 years.
If he was smart why isnt baru a multi million dollar company already? it looks like he has had a lot of time to work on that and its only at $15mil market cap.
I like going pink current. I bot in based on that.
What else do you have? lots of hype and wind in the sub pennies so looking for more facts to invest more.
thanks in advance for your info
$BRNE I'm Buying !! Easy to 10X my investment!!
Smart CEO!! Pending Pink Current Status!! Pending updates!!
->.
OK should I buy the sister baruf?
Why have two public mining companies in the same place?
Is this a wait and see what Terry wants to do with brne? Or is there a plan out there somewhere that I should look at?
thanks in advance for your info
#indonesia largest #gold mine in world with forecast $15 billion EBITDA 2021 at $60B EV thanks
@GoodreidInvest
@BNNBloomberg
look for new #gold mine $BARUF
@CapitalJemini
Indonesia get a mention with $FCX Freeport McMoran thanks to #copper exposure and #indonesia largest #gold mine in world with forecast $15 billion EBITDA 2021 at $60B EV thanks @GoodreidInvest @BNNBloomberg look for new #gold mine $BARUF @CapitalJemini pic.twitter.com/j8Hwpc3k0l
— BaruGoldCorp (@baru_gold) September 17, 2021
$BRNE The Sister Company ""BARU GOLD"" is a good Start!!
-->
Indonesia get a mention with $FCX Freeport McMoran thanks to #copper exposure and #indonesia largest #gold mine in world with forecast $15 billion EBITDA 2021 at $60B EV thanks @GoodreidInvest @BNNBloomberg look for new #gold mine $BARUF @CapitalJemini pic.twitter.com/j8Hwpc3k0l
— BaruGoldCorp (@baru_gold) September 17, 2021
Sources Please for your info, please share
I am sure you can share some factual information if you have it, the source would be helpful so we could all book mark that source for our own reference in the future.
I am sure they will do alot with this stock when it turns pink current
Went the extra mile with already 300k above 50 cents to offer.
BRNE mines brine which makes lithium. *****EV play*****
Biggest thing that matters is what their plans are for the business and the A/S. Just needs a PR. Tiny float will take care of itself imo!
$BRNE
If every shareholder would put in sell orders 10x above the actual bid,,,the Shorts would have no shares to borrow!!
A TD Ameritrade Rep told me that Shorts do borrow shares that are not in any pending order!!
Very true!! ,,,Hence, I put all my shares for sale at .10Cents Good Till Cancelled and immediately the price of the Stock rose up!!
$BRNE
AMONG the lowest entry for EV sector. Added more. $ BRNE
$BRNE this is it!!!.
$BRNE going Pink Current !!
#DDAmanda doesn't predict that. That's up to you. All #DDAmanda does is find these, and alert to a probable run in the stocks she finds.....
She does indicate the strength of the run by keeping track of $Traded, and she is unique in that aspect.
z
I heard theirs some BIG news coming for $BRNE this week and coud end the week .01+
I'm not surprised at all!!
Take a look at these guys advice:
https://stockinvest.us/stock/BRNE
Big movements in Borneo Resource Investments Ltd. stock price on Monday moving 78.05% between high and low
(Updated on September 20, 2021)
Buy or Hold candidate since 2021-08-11 Gain 53.85% PDF
The Borneo Resource Investments Ltd. stock price gained 50.00% on the last trading day (Monday, 20th Sep 2021), rising from $0.0040 to $0.0060. During the day the stock fluctuated 78.05% from a day low at $0.0041 to a day high of $0.0073. The price has risen in 5 of the last 10 days and is up by 81.82% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 40 million more shares were traded than the day before. In total, 43 million shares were bought and sold for approximately $257.98 thousand.
The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 32.1% during the next 3 months and, with a 90% probability hold a price between $0.0032 and $0.0109 at the end of this 3-month period.
$BRNE Barchart says STRONG BUY!!
.https://www.barchart.com/stocks/quotes/BRNE/overview.
Price Targets according to Barchart:
1st Resistance Point 0.0075
2nd Resistance Point 0.0090
3rd Resistance Point 0.0107
There is a weak hand or Beer day trader looking for Tomato Money ,hence, selling into the BID !!
How foolish!!
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