Please add BYRG (Buyer Group International) to your 'Watch Lists' immediately. Watch for the big news!
I have made BYRG an official pick for Thursday, since I believe this stock could be in play for a major breakout as recent developments point to significant projects ahead!
BYRG is primarily focused on new opportunities in precious metals. The Company made a major announcement recently, upgrading reports of its minority interest in Wyoming from 10 acres of a 50-acre claim to now 21 claims encompassing 440 acres! This is a massive project upgrade!
In addition, BYRG has also reported that it has received a letter of interest from KADIN or the Indonesian Chamber of Commerce and Industry regarding joint development of projects in Indonesia! BYRG has a history of rapid upward movement!
The last time BYRG traded near these current levels was in January of this year. BYRG rallied quickly to reach the $0.20 mark overnight and stayed in that range to hit a recent high of $0.21 per share in February for a 250% gain!
BYRG is now at the rock bottom even with 14% up already at closing earlier today. When the huge news come (anytime soon), with a possible sudden spike in volume from the last session, the increased activity could propel BYRG straight up!
BYRG may not stay at current levels of just $0.0065 per share for much longer. The correction in precious metals looks like it could be nearing its end and we might see another upward rally soon. So many factors could play a part in Bringing YouRich Gains; so let's keep our eyes glued to this ticker and ready for BYRG action Thursday morning!
About BYRG
The Buyer Group International Inc. (BYRG) is a Texas-based Mining company that engages in the Acquisition, Exploration, and Development of Natural Resource and Precious Metal Properties in the U.S. and abroad.
BYRG's mission is to build a sustainable mining development management business that delivers high shareholder returns under the umbrella of stewardship that values safety, environmental best practices and social responsibility for stakeholders from all walks of life.
BYRG to Acquire Majority Interest in the Greenland Caribou Corporation With Aalasoq Processing Station, Lands and Resources
BYRG has acquired option rights to the majority interest in Caribou Greenland, Corporation (GCG) based near the town of Isortoq, Greenland, including lands and surface rights approximating 360,000 acres, and a 50% interest in the meat processing facility, equipment and small hydro facilities, and live herd, all valued at approximately $4,000,000. The valuation was done by local accounting firm BK Revisions ApS. (Read More)
BYRG to Release Drill Program Reports For Wyoming
The reports generated in 1994 and confirmed in 2001 are indicative of the depth of the test drilling and level of materials sampled.(Read More)
BYRG to Upgrade Reporting of Interest in 440 acres in Wyoming
BYRG CEO David Bryant announced that the company has reviewed its interest in the property in Wyoming as a potential for upgrade in the reporting of mineral occurrences. The CEO cited drill logs and assay reports saying that the original program was undertaken in 1981 and since then information packets have lapsed. In the course of proper diligence, the CEO of BYRG spoke with the driller, who indicated proper chain of title was undertaken with the 1994 program by Longyear Company and the samples sent to the labs for assay. "Those samples, we believe, support a full scale drill program that can be implemented fulfilling the Guide 7 requirements for a full valuation. I personally believe this will prove what we've come to accept all along, that there's gold in those hills," Mr. Bryant said.
Original estimates attempted to value 10 acres out of a 50-acre claim area. New information indicates that the total of 21 claims actually encompasses 440 acres on the project area (Read More)
BYRG Newsletter to Shareholders - Message from the CEO
Buyer Group International, Inc. announced, "The past several weeks have been very exciting for BYRG. We have been actively negotiating several large deals and are close to knocking open the doors to signing commitments granting BYRG exclusive ownership rights to interesting metals and mineral property. These locations are extremely valuable and have superior long-term levels of potential. Part of the value proposition that BYRG has proposed includes bringing in financing to commence operations on these lands." (Read More)
Industry News
Barclays Capital provided a more optimistic near-term outlook early last week having maintained their first quarter price forecast of $1,710 an ounce and a full-year average of nearly $1,780. Citing tame inflation and a break from the eurozone crisis for the current price weakness, Commerzbank commodities analyst Eugen Weinberg predicted that gold buying will rise sharply in the second half of the year and push prices toward $2,000 an ounce.
It's impossible to know whether I've seen the worst of the price declines for gold and silver, but one thing seems certain - lower prices will attract more buying in Asia and evidence of stepped up demand from cost sensitive buyers in the Far East will soon emerge.
BYRG's Projects
Exploration & Propertiess
Wyoming - Preferred Class B Shares for .1% of Holdings
Gold, Silver, Platinum and Rhodium - 51 Acres
Assays, Core logs, Drill reports available online soon.
British Columbia
Tungsten Property - 2600 meter strike
Silver Galena Property - 150,000 estimated ounces excavated
Gold Ore Bodies - 200,000 est. oz.
Exploration Stage
Greenland
Executed Letter of Intent - $2 million loan for 40% Interest Isortoq Area - 375,000 Acres...Contains FeO, Titanium, Vanadium rich ores materials
Drilling program underway, 43-101 and Assays completed and to be posted soon..
Gryphon Production Ltd. is a jointly held limited partnership film company with over 30 years in the business of film and television distribution.
Founded by Jack Weis, Gryphon and BYRG are proud to collaborate on the redistribution of these classic tales and many future projects currently in development. The redistribution of these films provide a unique opportunity with 25% of net investment returning to BYRG.
BYRG Technical Indicators
BYRG is currently trading at just $0.0065 per share after bouncing up14% from near historic lows of $0.057 per share, and could be on the verge of another major rally with any news!
Historically, BYRG saw a pullback at the close of 2012, and opened this year at around $0.06 per share, to rally up to $0.20 per share within a single week, and $0.21 per share in less than a month for a 250% increase.
Momentum could be gaining and BYRG has seen trading activity increase significantly in the last session, with volume reaching close to 710,000 shares!
Both the 20-100 Day MACD Oscillator and the 50-100 Day MACD Oscillator show upside momentum increasing, while the100 Day Moving Average vs. Price Chart shows recent price action has moved above an upward moving average signaling an uptrend as well.
BYRG is trading very close to the lower end of its historic trading range and if history does repeat itself, investors who move quickly could potentially score some serious gains!
This play saw some crazy swings in the past providing day-traders a ton of opportunities to make gains!! Now we think this play could start to have some crazy swings tomorrow so I would like everyone to put it on your radar!!
Keep in mind that this play could trade heavy volume in the morning and just jump up and down so it is a play for those Day-Trading Gurus out there! I believe BYRG could be on the verge of new major highs judging from the charts current bullish uptrend.
The stock is currently trading near all time lows, but does have a history of rapid upward movement. Closing at $0.0065 in the last session, anything is possible.
As always, please do your own research this evening, and keep an eye on BYRG throughout the week.
Begin your BYRG research immediately by reviewing their Corporate Website at: http://www.buyergroupint.com
