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Re: WealthyKing post# 5010

Monday, 08/22/2011 12:48:42 PM

Monday, August 22, 2011 12:48:42 PM

Post# of 6427
WealthyKing, make sure your DD includes the amount of time it takes a company that just holds Gold leases to actually develop a mine and start producing gold. On avg I believe the number is anywhere from 3 to 7 years and million and millions of dollars. BRYN will need to obtain permits, excavate, build a mill, buy equipment etc. etc. I assume, from looking at their data, that this is their intent. For those lease holders that go through the process and are successful at producing gold those who got in in the early stages make tons of money. This is the early stages for BRYN.