BRYN – HUGE NEWS THIS MORNING – Another big acquisition for the company – THESE GUYS ARE BUILDING A HUGE PROPERTY PORTFOLIO
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Hi Subscriber,
THIS NEW ACQUISITION IS A BONANZA FOR BRYN. GOLD IS GOING CRAZY TODAY AND BRYN HAS NEVER LOOKED BETTER. BRYN closed @ .70 on Tuesday. The stock has been on a tear this week and has risen 75%. The stock is up 2313.79% since our initial alert @ .029 just three weeks ago. We think BRYN is going much higher still. The company put out strong news about another acquisition this morning. It looks like they are a acquiring a 60% interest in properties which have 38,832 ounce of gold and 356,886 ounces of silver. The gold is worth 38,832 X $1181.10 = 45,864,475.20M and the silver is worth 356,886X $18.68= 6,666,630.40M Bryn Resources Inc Finalizes the form of a Letter of Intent with holder of Mineralized claims in Quebec 2009-11-25 08:30 ET – News Release TORONTO, Nov. 25 /PRNewswire-FirstCall/ – Bryn Resources Inc (PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK) is pleased to announce that it has finalized the form of a Letter of Intent with Dominic Gingras the owner of 22 mining titles known as The Montauban 4 property, which cover 528.02 hectares North of Quebec City, Quebec. The Letter of Intent will be signed today and will outline the terms pursuant to which Bryn Resources will acquire a 60% interest in the aforementioned mining titles. It is the intention of Bryn Resources to carry out further exploratory investigations to complete the evaluation of the reserves in the property which investigation was started in 2003 by Mirabel Resources. The initial investigations undertaken have revealed measured and indicated resources including 398,033 tonnes at a grade of 3.02 g/t Au and 27.72 g/t Ag for a total of 38,832 ounces of gold and 356,886 ounces of silver. Bryn Resources intends to complete further bulk sampling of the property so as to confirm the resources estimated. Bryn Resources views this future acquisition as a forward looking business venture that will increase the shareholder value of its stock. Bryn Resources continues to seek other proven mineralized properties and expects to expand its holdings through future acquisitions. Bryn Resources CONTACT: Bryn Resources Inc, Paul Diana, (416) 399-7625 |
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