So I guess we should talk about BYRG.
BYRG, who at some point is expected to undergo a name and ticker change to reflect their Platinum-focused operations, is in the prospecting and staking stage of a historical-mining-resurrection type business. Their ultimate goal is not necessarily to produce metal product but to develop and prove their properties in the interest of a possible sale to a noble metals or rare-earths producer.
The focus of BYRG's operations has been to claim, re-commercialize, and prove, the surrounding site of the past producing New Rambler Mining District in southern Wyoming. It's known for its copper production in early 1900's, and an anomalous Platinum Group Metals deposit that was discovered in 1902. The platinum discovery, however, was never duly prospected or explored despite being heavily marketed to investors at the time. It continued to be a primary copper producer for decades until the mine experienced a fire in 1918. This happened during the onset of ww1, the accompanying nationalization of mines and smelting in the area, and has never properly recovered. A great deal of newspaper articles from the time of operation have covered this mine, and a multitude of scholarly articles have studied this area's geology, but the bulk of proprietary data from its days of production were sadly lost in the fire. It has been the subject of recent speculation that despite being on public land, now adjacent to residential, the company's claims contain the remnants of a largely un-prospected and valuable deposit of PGM's. Helpfully, unlike back in the day, the site is now within range of roads and other helpful infrastructure. WYGS and USGS continue to conduct airborne reconnaissance of this area in search of critical minerals, and this particular site has been the subject of ongoing special interest and sample collection for public study and documentation. Reporting and results these government-funded activities, including those under the EarthMRI program from the past year, should be released soon.
As far as I can surmise, Sunnyland has taken a prominent role in this company's operations for the last few years - until a more ideal situation can be attained and a appropriate and capable team is built. His company RBMC has been awarded shares for services, and talent from the RBMC team has been utilized at almost every juncture for some time now. These duties include but aren't limited to handling investor marketing, networking, on site prospecting and staking activities, sample documentation, and countless other tasks behind the scenes as evidence suggests. Notably, the resourcefulness and legal maneuvering of Sunnyland's group have been aiding Dave Bryant in tracking down "toxic" shares that could conceivably be canceled, gone astray during this stocks tumultuous and dark history. This is only a few years after 2021 when the outstanding share count exploded as a result of the renewed commitment to maintain pink current standing again. I expect share cancellations to continue and I remain optimistic that the 1.1 billion shares owned by Tristan Stonger (as seen in filings for services never rendered) can be returned. At that point, the OTC's 5% rule will no longer need to be circumvented, and Dave can begin returning chunks of if not all of that massive 6 billion share lot of his back to treasury. Its still a mystery to me how and why these two got hooked up in the first place, but nevertheless, the stock has come down a lot since this share structure expansion became realized and presents a valuable opportunity upon a successful reversal.
This comes at a time when an effort to build a real company with real assets and real operations is taking place. The need to grow the board with relevant expertise (beyond just Dave Bryant) has been apparent and so some additions have been made. After the recent train got wrecked at CAVR (another Sunny affiliated stock) we saw the addition of Grant Edwards to the board of BYRG. In addition, we saw a relative of Dave's, Summer Bryant added to the board..... but most interestingly, Justin Mistikawy, who was a junior geologist assigned to BYRG's property while working for Hard Rock Consulting, has been awarded shares and has been added to the board as well. It looks like Hard Rock Consulting will not be on full time like last season, but will only be utilized as needed, such as for future report writing and perhaps engineering.
Another development came in the form of Groundhog Mining and Milling, who was the former mining contractor at SDRC (Another Sunnyland affiliated stock), being brought on to begin working the site, propose and plan a drill campaign, and administer the permitting process thereof. This startup of operations comes at a time when the price of Platinum is within range of a multi-year trough. They are going against the grain presented by the market to make progress in bringing these properties back into relevance, and prepare the stock to be received by a higher profile audience some day. I think this is an indication of not only sincere intentions to build something real but determination to have that future leg up on the platinum market when it comes back into vogue (which may be years from now.) This is going to take a lot of work and time, and anyone serious about investing here should be aware of this. Assuringly, the platinum group elements are highly critical metals in emerging green technologies like hydrogen, and novel methods of water/air purification, but viable domestic sources of them are known to be rare, even unbelievable to most in the early stages. The mining, and metallurgy alone make this a very ambitious, risky, and arduous project, and the uncertainty on the corporate side makes this stock an even harder sell, but that can be an opportunity if it fits with your tolerance for risk.
I hope y'all appreciate my honest appraisal of BYRG. I know some of you have been aware of this stock for a decade or more, seen some ugly things (like the complete and utter mistake of ever getting involved with NVC Fund... or Tristan Stonger...), and have little trust for Dave Bryant, Sunnyland, or just generally find the uphill battle the history of this stock has necessitated hopeless or not worth it. I don't blame you. I reserve prejudice, and have more questions than answers about BYRG and Dave Bryant myself. Nevertheless, there is a clear effort being made on the part of people I have learned to at the very least respect, to give the exploration project a real shot under a stock worth investing in.
