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Re: aabidali post# 30657

Thursday, 08/21/2008 11:09:24 AM

Thursday, August 21, 2008 11:09:24 AM

Post# of 38879
Hi aabidali,
We have all been there brotha... Feel your pain.
I will post what I got from Overstock this morning about BWNR:

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BWNR head fake on the flag trade. Should bounce heavy today. Watch for trades in the 14 cent range.

Brownstone Resources Inc. reports that a total of five surface samples from the "LS GRANDE" property in northern Arizona were collected for the purpose of analysis for gold mineralization. The five samples were submitted for assaying, with all samples returning positive results indicating the presence of gold.

The five samples were submitted to a lab in Vancouver, BC for "gold (Au) by fire assay" from a 1 A.T. sample, with a "bead" sample type.

Based on the historical assay information provided to Brownstone, the estimated potential value range for gold on the LS GRANDE property could be somewhere between .10 - .20 ounces of gold per ton.

The upcoming drill program is designed to test these target areas at depth, to a maximum of 400 feet. The company is in the process of fulfilling the requirements as set out by the US Forestry Service, required to commence the proposed drill program, and additional sampling.

Management will continue to keep investors and shareholders updated as our field programs advance.

Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in Arizona. Details of Brownstones projects are available on the Company's website at www.brownstoneresources.com

Target: $2.00
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Sometimes overstock is good info, sometimes not...
As always do that DD before buying Any pennyland stock and try to get in at the dips...
You may want to sign up on some of the penny stock watch lists (if you have not already) and just use them as a reference. They usually post info at the beginning of runs... Some go up because they post something (and sometimes they go down when they post stuff!!) so just to be used as a source of DD...

Good Luck,
Cheers,
ThegoodlifeGeo