News Focus
News Focus
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rebeccaha

12/06/09 11:24 AM

#3286 RE: granddra9on #3285

22cents x 4 = 88 cents. I've just saved myself some beer money.
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Chunky Munky

12/06/09 11:31 AM

#3287 RE: granddra9on #3285

Well that is the tricky part Granddra9on. PSC has a mission when they are hired, and that is to get volume high enough so the party who pays them can *NORMALLY* sell off shares.

My gut tells me this one is different for some reason. Bryn is a relatively new company with very little actual mining exprience as a company. They are aggressively persuing mines where the extraction can be realized in 0 - 12 months.

When PSC receives information from the company that is not released to the public, it prevents them from trading shares of that company as it would be Insider Trading... and the SEC frowns on that.

With that said, generally PSC sells their shares either before the promotion or immediately following the promotion so they can avoid trouble.

This time they are holding their shares until February. To me this indicates that PSC has some knowledge of information that will happen in that time, so they can not legally sell their shares. This may cooincide with good news which is going to dramatically increase share price, so it makes sense to hold.

So what could this news be? Seems to me there are only 3 choices.

1. Current mine starts production and they bring gold out of the dirt.
2. Another huge acquisition with more potential for gold extraction.
3. Portfolio has increased in size and company enters discussions to be bought out by someone who is more capable of extracting the gold.

My HUMBLE OPINION is that you will see 1 or 2 more acquisions along with PRs stating the composition of these mines. Then in late January or early February there will be discussions on a buyout. This could also explain the 80m shares cancelled, since a buyout is on a PPS basis usually.

PSC has also said that there is no insider sell off. So the possibility for a buyout would make sense too, as the buyout price is part the value of the portfolio and part the current share price. Those inside would benefit tremendously from a higher share price at the time of a buyout.

I do not see Bryn actually extracting but I may be wrong here.


The initial Pump is over. The stock skyrocked, and those with shares should have dumped somewhere on the way up if they wanted a shorter term play. Now its time for the longs.

There is no way to guess what the PPS will get to between now and February, as it will depend on the company's holdings, if it is extracting or being sold... too many variables.

As for charts, they are all well and good, but PERSONALLY I do not see them being worth as much on Pinks or OTC stocks as NASDAQ or NYSE stocks. The reason being is that Pinks and OTC stocks are driven on News. A beautiful chart can be demolished by bad news, while a horrible chart can be altered by great news. Moreso than in Blue Chip Land.

I think I will watch this one for a few more days, see what happens to the price, but I'll tell ya what, now that the majority of the dump is over, I'll be back in.

DISCLAIMER: I do not work for PSC, have any knowledge of any potential buyout or even own a single share of this company. I do not have any short position either. This is simply a GUESS on my behalf. Should you buy on the above statement and get burned, please do not blame me. Again, this is my GUESS.