10:23:15 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Brazil Resources Inc
Symbol BRI
Shares Issued 80,668,429
Close 2015-08-04 C$ 0.59
Market Cap C$ 47,594,373
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Taylor says buy Brazil Resources

2015-08-04 21:22 ET - In the News

Jay Taylor, in the July 16, 2015, edition of Gold, Energy & Tech Stocks, says buy Brazil Resources Inc., recently 52 cents. Mr. Taylor said buy on Aug. 15, 2012, at $1.05 and on Nov. 15, 2013, at 72 cents. Assuming a $1,000 investment for each of the two buys, the $2,000 position is now worth $1,216. Brazil Resources, led by Amir Adnani (whom Mr. Taylor admires), holds nearly four million ounces of gold resources in Brazil. It also recently acquired an interest in the high-grade Rea uranium project in Canada's Athabasca basin through its takeover of Brazilian Gold Corp. Intriguing intersections at Rea include 1.7 metres of 4.7 per cent triuranium octoxide (U3O8) and five metres of 17.7 per cent U3O8. Brazil Resources expects to test new uranium targets at Rea this year or in 2016. Mr. Taylor, who already liked the company's management, fundraising abilities and Brazilian gold projects, has reached new levels of enthusiasm thanks to Rea, which he reckons is "a huge bonus and could be the biggest prize of all."

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