03:56:21 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Brazil Resources Inc
Symbol BRI
Shares Issued 84,168,429
Close 2015-08-31 C$ 0.56
Market Cap C$ 47,134,320
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Taylor refreshes Brazil Resources buy

2015-08-31 22:58 ET - In the News

Jay Taylor, in the Aug. 12, 2015, edition of Gold, Energy & Tech Stocks, says buy Brazil Resources Inc., recently 53 cents. Mr. Taylor said buy three times from Aug. 15, 2012, to July 16, 2015, at prices ranging from 52 cents to $1.05. Assuming a $1,000 investment for each of the three buys, the $3,000 position is now worth $2,259. Brazil has picked up another intriguing property. For 3.5 million shares, it has acquired the Whistler gold-copper property and related assets in south-central Alaska from Kisku Metals. Kisku previously completed a resource estimate on one of the property's deposits, reporting an indicated resource of 2.25 million ounces of gold equivalent and an inferred resource of 3.35 million ounces of gold equivalent. Mr. Taylor is eager to see what Brazil does with Whistler. He reminds readers that in last month's newsletter, he talked about another of Brazil's properties, a high-grade uranium project in Saskatchewan's Athabasca basin. Notable drill results include five metres of 17.7 per cent triuranium octoxide (U3O8) and half a metre of 54.5 per cent U3O8. Mr. Taylor concludes, "Keep your eyes peeled on BRI and Mr. [Amir] Adnani [the chairman], who is building BRI into a company of some significance."

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