Borneo Resource Investments Ltd (BRNE)

[SmittyInvestor]

Thank hardlesson for this info
https://www.proactiveinvestors.com.au/companies/news/964656/lake-resources-initiated-by-euroz-hartleys-with-a-price-target-of-1-28-964656.html

Talks about another lithium miner who is just getting started, great valuation and they havent mined yet, meaning the valuations are high for companies playing in this space. Money is going into this metal and all miners are being financed.

Actually mining stocks have been & will do well with commodity prices going up. They love inflation which democrats love creating.

brne is realistically sitting at $42mil market cap as a current pink with no news. When they come out with some news on their mining plan (my guess is late Nov or early Dec) this stock should move to $100mil cap. So opinion is this will hit .01 by end of year. For me, a double in 2-3 months is a good trade.

From there I can re-evaluate the news.