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Good volume, highest on over last two months.
Things starting to happen. https://www.otcmarkets.com/otcapi/company/dns/news/document/80014/content
Borneo Resource Investments Ltd. Announces Mining Agreement
WEST JORDAN, UT/February 3, 2025/ -- On January 23, 2025, Borneo Resource Investments Ltd.’s (OTC Pink: BRNE) (the “Company”) subsidiary Silica Scientific Corporation (“Silica Scientific”) signed a Mining Agreement with Suku Passi, NV, a Suriname corporation (“Suku”). The Mining Agreement was effective on February 1, 2025. By this Mining Agreement, Silica Scientific received an exclusive license to explore, test, prove-up, mine, wash, grade, upgrade, sell and export silica sand from Suku’s Concession 815-A_15 in Suriname.
Under the terms of the Mining Agreement, Silica Scientific will be acting as a contractor to Suku. Suku has four concessions for gold and other minerals. Silica Scientific has been engaged to remove the silica sand from one 9,845-hectare concession, to expose the underlying saprolite that may be gold bearing. Silica Scientific has the option to expand the Mining Agreement to the other Suku concessions. Silica Scientific will fund the work necessary to prove-up the quality and quantity of the silica sand, and market and sell the products. Silica Scientific will pay Suku a royalty on sold and exported silica sand material of $0.30 per metric ton.
Mr. C. Robert Ripplinger, President of the Company, commented, “I am thrilled and humbled to be able to secure such a high quality silica sand concession, especially for our first acquisition. What an incredible opportunity for us to begin operations and with people we have a great relationship with, in a part of the world we know well. This week we began shipping the auger drilling equipment from the USA for the sampling program, and look forward to sharing the results in the future. We will utilize the results of the sampling program to prepare a NI43-101 on the asset that will indicate the value of the project.”
Good to get clarity on the acquisition! But it also left me hanging on what's next? Is there a name change? How much cash do they have? Are they revenue producing? Lots of questions. But I guess more value now than just the brne shell. Also not clear is how this series of stock differs from common shares?
Holding steady here even with 300% increase
wonderful!
Yes that’s the change of control we’ve been talking about. Exciting stuff. Question is how far will this go with a actual business in the trading vehicle
Thanks. Did you or did they mention anything about what properties/status of them are part of this deal? This could be a big multi bagger if there’s properties of significant resources and use, profits.
was there any mention who the CEO will be?
Looks like Filbert is also a Director/CEO of another company Baru Gold, with assets in Indonesia, pending permit to mine gold. That BAru Gold was previously East Asia Minerals with 3.14m oz gold in a project called Miwah, but collapsed when the government put it into forest protection.
This seems interesting as both are Filbert, both have high upside available. Baru is $3m market cap Canadian vs what’s in their website as properties with millions of ounces of gold .
Lots of chatter in twitter world about this being just the beginning. Without knowing the assets being part of the new entity and what stage of revenue generation this is, may be hard to put a value to it. But it’s more of an asset than current brne.
Lots of chatter in twitter world about this being just the beginning. Without knowing the assets being part of the new entity and what stage of revenue generation this is, may be hard to put a value to it. But it’s more of an asset than current brne.
7.1m traded early on, up 7%
Thanks for the info! Anyone able to find any info about this Silica Scientifica and what they do? Great that something is happening but is this going to just a otcbb/linksbeet reverse takeover for the sake of something happening or something bigger?
Change of control? That had impact on todays rise?
Last funds raised is for legal fees towards the permit. If the obtain it to get to production status, we finally will have mine operations!
Very positive!
Consistent volume on moon from last week. Little by little getting snatched up and price increasing.
Another good looking pr on surface sampling. Getting better by the pr.
Baru finds new gold targets. Getting sexy. Money in bank for drilling while getting ready for gold pour
Looks good. Company putting more eyeballs on corporate events!
New interview. Assays results February
Looks good with the recognition this is bigger than current market cap. Still cheap.
$2100 gold. Baru will benefit as producing gold. https://www.cnbc.com/2022/01/05/investing-in-gold-fat-prophets-analyst-says-gold-could-test-new-highs.html?__source=iosappshare%7Cph.telegra.Telegraph.Share
Prepare for assays results. Last PR hints at “massive sulphides” from new lens. https://bluemoonmining.com/wp-content/uploads/2021/11/News-Release-Drilling-Discovers-Additional-Zone.pdf
New VMS zone found. If haven’t read the PR, definitely worth a read. https://www.juniorminingnetwork.com/junior-miner-news/press-releases/517-tsx-venture/moon/109964-blue-moon-discovers-additional-zone-west-of-current-mineral-zone.html
Nothing really yet exciting for me. But I think the Pfizer effect will soon be coming. It’s too under valued to not happen. Lol
Great interview. Land acquisition, construction, gold pour, drilling. Boom x4 to price appreciation.
No doubt about it. Whoever sold to 0.09 didn’t do their own dd and panicked. Whoever bought was a genius.
Great story, unknown. When it’s known everyone wants in and 2-5x here. Drilling will be a teaser also until results come back and confirms.
Glad u found us! More will come.
Anyone else seeing potential here like I do?
Great discounted shares here. Pls hold it for longer so I can buy more Baru!
Break 0.085 tomorrow when zinc prices continue to move higher? Looking great here! http://www.kitcometals.com/charts/Zinc.html
I see 51k vol on frankfurt
$moon chart is ready to break out. https://schrts.co/URmNcXWE