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No..but it's easier - if you want in at these levels .005 does not make much of a difference.
???They secured the $2M financing...that HUGE news!
I think this caught a lot of people off guard...look for a scramble here
...have my order in at .315 but they are not filling it!!!! I think the MM are holding on filling the order...damn
Nice! Pieces are falling into place...
He's spamming other boards....make you feel good when other boards are spamming on this one...show how much attention this is getting.
I agree...looking to pick up some more here...
...you have no clue...l8r
I believe we will see green...Gold at a new high! The higher the Gold price the more BRYN is worth!
If you check out this guy's posts they are all bashing posts...FYI PSC just said that they were not selling and waiting to the new year.
Me thinks he's short as well...need a shirt?
I think we will see green today atleast...
Looks like a healthly pull back on profit taking...look to bounce from here
News OUT! WOW....This thing going to fly Monday!!!!!
BRYN Resources Inc Provides Property Report on Cayenne's Windflower Property
TORONTO, Nov 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- BRYN Resources Inc (PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK). Further to Bryn Resources' previous news release today on the signing of the Windflower Property LOI, Bryn Resources is please to provide additional information relating to the Property.
A Report on the property, in compliance with the requirements of National Instrument 43-101, dated April 1, 2006, was prepared by Alex Burton, P.Eng., P.Geo. Consulting Geologist (and now a Director of the Company), and Brian Simmons, P.Eng., Consulting Mining Engineer. Printed below are extracts from the Report consisting of the "Summary" and "Recommendations".
SUMMARY
"The Windflower Project owned by Cayenne Gold Mines Ltd. consists of 14 contiguous Crown Granted Mineral Claims located in the Kootenay District of British Columbia.
The gold bearing quartz vein systems, the target of exploration on the property, appear to be structurally related to major shear zones, which strike northwesterly across the property. Quartz veining varies from a few centimeters to 6 meters in width. The quartz veins appear to be associated with the regional fault structures. The quartz veins carry siderite, pyrite and associated gold mineralization. The quartz veins appear almost as stockworks in some areas.
In 1903/04 production from the Goldfinch claim was 1,316 tonnes grading 15.9 grams gold/tonne and 4.3 grams silver/tonne. From 1985 to 1990. Granges Exploration Ltd. performed an extensive exploration program. Work consisted of geochemical, magnetometer and electromagnetic surveys, 209 surface & underground diamond drill holes, and 1206 meters of underground development.
The Dorothy (Main) and Dorothy North Zone have a Measured Mineral Resource of 142,600 tonnes at 6.2 grams/tonne gold. The East Zone has an Indicated Mineral Resource of 46,400 tonnes at a grade of 12.8 grams/tonne gold. The ore zones are steeply dipping and have a good mining width averaging over 3 meters.
Very little underground development is required to start mining the Dorothy (Main) Zone. The East Zones and Dorothy North Zone are in close proximity to the existing underground workings. With the additional 10 surface diamond drill holes drilled in the Dorothy North Zone in 1989/90, the Dorothy North Zone now has 6 ore grade drill intersections with good widths. The 1989/90 drilling was done after the Measured Mineral Resources were calculated. This drilling will add to the existing Measured Mineral Resources. Also, the Dorothy North Zone is still open at depth to the North.
The West, Goldfinch, and Menhinick Creek Zones are also good exploration targets that could add to the mineral resources. There is also a good chance of additional vein and possible stockwork exploration targets being found on the Windflower Project.
Gold recoveries greater than 90% can be expected using cyanidation or cyanidation of a bulk flotation concentrate.
With the carbonate minerals present the risk of acid mine drainage is low. Water samples analyzed from the historic workings and decline were in the pH range of 7.2 to 7.5. Existing reclamation work required on the Windflower Project is minimal. Road access to the Windflower property is good. Proximity to the nearest population center is only 1 1/2 hours by road.
With the current price of gold at $560 US/oz(1) and climbing, the wide mining widths of the ore zones, existing underground development, and good exploration potential, the Windflower Project is an advanced exploration project.
The Phase 1 work program in the qualified person's opinions will cost approximately $250,000. The work will consist mainly of site rehabilitation, relogging of diamond drill core, dewatering the underground workings and reviewing the geology to formulate an advanced exploration program. Contingent on positive results from Phase 1, Phase 2 would include an advanced exploration program to expand the existing mineral resources, and the mining of a test stope to confirm grade and mining conditions."
On the expectation of positive results from Phase 1, Phase 2 would include an advanced exploration program to expand the mineral resources and the mining of a test stope to confirm grade and mining conditions.
While the Report refers to the price of gold as $560 (U.S.) per ounce, the price has increased to an excess of $1,100 (U.S.) per ounce. As a result, 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.
It appears as though the Windflower property has great potential for realization of increased mineralization which has yet to be tapped.
Negotiations are being held to obtain financing for this project.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from to time in the Company's periodic reports filed with the Securities and Exchange Commission.
SOURCE Bryn Resources
www.prnewswire.com
Copyright (C) 2009 PR Newswire. All rights reserved
.22-.23 look like a run up to close.....gap Monday!
Maybe because there is rumor of big news after the close...keep your eyes peeled
...The reason for the small shares on the ask is that you are not able to sell short on a down tick...thus buy small at the ask to create an uptick then you can sell short.
Also, you can tell that insiders are not selling...the issues with the other stock that were pumped is that the insiders were selling and bringing down the market. Bryn insiders know the value of what they have...and are holding on.
...looks to me some shorting going on...and these guys need to cover soon...they know now that this has some $$s attached
...MM are just trying to confuse the market...
??? This shows that they will be pulling in some serious $$$s...what were you expecting? this was actually better than I expected. The Nevada details will come soon enough...But BRYN just went from exporation to a producing mining company!!!! At $1,100/oz nice!
...later today.
....Producing mine...this will be in substantial $$s this one alone is in the millions of $$s
WOW...NEWS!
BRYN Resources finalizes the form of a Letter of Intent with Cayenne Gold Mines Ltd
Nov 12, 2009 9:30:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesTORONTO, Nov. 12 /PRNewswire-FirstCall/ - BRYN Resources Inc (PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK). Bryn Resources Inc is pleased to announce 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.
The parties have undertaken to work together to formulate and finalize the J.V. within 60 days of today so that an initial sampling of 10,000 tons of rock can be completed. Historical samplings, on this area of the Windflower Property, have yielded results reflecting no less than 0.5 ounces of gold per ton of sample.
Once the initial sampling is financed by Bryn Resources and concluded pursuant to the J.V. Bryn Resources will have earned a 45% interest in the 14 contiguous Crown granted mineral claims (subject to a 2.5% net smelter return royalty) in which Cayenne holds a 100% ownership interest.
Bryn Resources views the re-focusing of its corporate efforts to British Colombia in an area of proven reserves as a forward looking business venture that will increase the shareholder value of it's stock. Bryn Resources continues to seek other proven mineralized properties and expects to expand its relationship with Cayenne in British Colombia.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from to time in the Company's periodic reports filed with the Securities and Exchange Commission.
SOURCE Bryn Resources
Is Gold in a Bubble? Short answer... Not even close!
BY CHRIS PUPLAVA | NOVEMBER 11, 2009
With gold reaching an all-time high, which by the way no other asset class can boast, some may be wondering if the bull market in gold is over as it has exceeded its prior peak. In terms of determining bubbles or significant peaks, relative valuation analysis has proven effective in identifying bubbles. As will be shown in the article below, no matter how you want to slice it, I believe gold is by no means close to a bubble, and can easily rally to higher triple-digit figures in the months and years ahead.
http://www.financialsense.com/Market/wrapup.htm
They also said that they will not receive it until next week...they must think this is going much higher - usually you get paid upfront first before they do any campaign...soemthing big must be coming...
Looks like we're bouncing from the .152 low (I was close)...I think this will close in positive territory.
Just picked up some more at $0.17....see what else I can get :)
...as for me...2 cents +/- is not much to risk - missing on the next wave is...
Solid support at 0.15...will bounce hard if it touches there than next level 0.30
...you mean go down in history as the best stock play this year! :)
lol...you must be talking to yourself...1st post...how many alias do you have? lol
I guess you did not read their press release today....millions of dollars in cashflow....hardly a hype about nothing....
Just dont lose too much on the way up on this stock....and hope you can cover your margin all the way to $2.00s
NEWS!..Better than I thought!
TORONTO, Nov. 9 /PRNewswire-FirstCall/ - BRYN Resources Inc (PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK). The company has received numerous shareholder inquiries in regards to recent activity in the company's share price. BRYN Resources Inc. has been actively discussing potential acquisitions with investment bankers, intermediaries and mining company principals in the United States and Canada.
The goal of these acquisitions is to develop a portfolio of properties that have high gold exploration potential and/or production potential. Management of BRYN Resources Inc. is proactively involved in closing a production deal at the time of this press release. We expect to be able to update our shareholders in the next ten business days or earlier.
BRYN Resources Inc. is committed to preserving the integrity of our shareholders interest in the company and to that end we have sought out acquisitions which will enhance and add to the value of the company. If we are able to close this production deal, we expect the cash flow to be in the several millions of dollars.
Lastly, we expect to be able to update shareholders about some new management and board appointments that will help the company move forward with the above mentioned goals. This new personnel will be mandated to integrate all new acquisitions and fast track the up listing of the company to a more senior exchange.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
SOURCE Bryn Resources
Hope you did not sell them all....this still has a long way to go...was $2 a few months ago....
Nice open!...$0.12 gapped up....
If you read their twitter or their site...they have not gotten paid for this as of today....Gold is hot and subscribers wanted a gold play and here it is!
I also would not be surprised if the company release a PR today...alot activity over the past few days....if the PR announces something good with $$...watch out!
BRYN - HUGE buzz today...gapping up!!!
I don't think you will see these prices again...something is brewing...
PSC and XP are predicting $1-$2 (YTD high)...they have been pretty good lately
Looks like we're gapping up this am ...my prediction is a $0.10 open.
I keep stocks on alert list that was once movers in the past but died down. I got this from a penny pick newsletter awhile back.