Brownstone Resources (PINKSHEETS: BWNR) reports that the company will proceed with plans to perform the limited ground geophysics program on the company's "LS Grande" property, located in the Coconino County of the Long Valley mining district of Arizona.
The company will now send out a request for proposal (RFP) to several qualified geophysical surveying companies. The RFP outlines the requirements of the company for the geophysics to be performed.
Once the RFPs have been received back to the company, management will select the preferred bid and look to set a start date for the program to commence.
Management will endeavor to report on the exploration and development of the LS Grande, in a timely manner, as they happen.
Brownstone Resources is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstone's projects are available on the Company's website at www.brownstoneresources.com.
Forward-Looking Statements:
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.
Contact: Investor Relations Brownstone Resources Inc. 866-365-4724
SOURCE: Brownstone Resources Inc.
Posted by brokes on :
I'm in.
Posted by Hot-Pepper on :
The volume has picked up
Posted by Smash on :
Did they put out the story yesterday? Can't seem to find it anywhere. Volume is huge though...
Posted by Hot-Pepper on :
No not yet
Posted by tbonee428 on :
How far you think this one will move
Posted by Hot-Pepper on :
Now at 10:13 a.m. central time, the volume is at 190,650,770. It could double at bthe end of the day, but no news yet.
Posted by Hot-Pepper on :
If they put out news and the volume is big, it could move to 0.0015 +, except it is hard to predict now given the volume, but it's good to watch it. My advise is for you to remember to do your own research before you do anything in the form of purchase. I plan to watch it for the rest of the week.
Posted by Love the Market on :
I got in at .0007 today and I'm up, so I'm happy. Actually, my sell is set for .0015! Been a good day for the subs today for me for once!
Posted by Hot-Pepper on :
Remember to watch "BWNR" tomorrow(08/12/09). The stock shaded 0.0002 and closed at 0.0006 today.
Posted by Love the Market on :
Are you out? I thought about it a few times today....
Posted by Hot-Pepper on :
No I am not out. I am still in and will be in 'till it strickes higher. Right now, it is building up momentum with volume.
Posted by up-stock on :
I think is a good price to get in... DO your own DD..
Posted by Hot-Pepper on :
Are you in for this one ? Yea the asking price is currently at 0.0005 today. I think it's a good stock. But as you said, do your own research too.
Posted by Lockman on :
Looks headed south, wait for it to fall below RSI 30 and then look for re-entry.
Posted by Lockman on :
.0001 or .0002 entry zone. Then flip back to .0005. jmo
Posted by Make In A Livin on :
Another one with lots of activity.....middle of the zone though
Posted by Love the Market on :
Boy you hit this one righ t on the head Lock - .0002 x .0003 now.
Posted by Hot-Pepper on :
I have picked up more at 0.0003. It may just begin to spring up some any day. The volume has picked up some too, but no news whatsoever. I do not know why...unless ofcourse they do not have a P/R dept.
Posted by Love the Market on :
I've had buy in at .0002 - no fill (I'm already in at .0007 - yuk!
Posted by Hot-Pepper on :
Expect a lot of activities today on this one...imo. I may jump, but please do your own research before any purchase.
Posted by Make In A Livin on :
Lot of volume today on this but not much movement. Seems to be lots of resistance. Anyone have any thoughts on how far this one will go once it breaks?
Posted by Love the Market on :
.0007 x .0008! I'm even (well - on this one at least)!
Posted by Make In A Livin on :
I got out and made a few bucks. Then watched it tick up another 2 notches!!! Grrrrrrrrrrrrr!
Posted by Hot-Pepper on :
It's now at 0.0007 on the ask with 0.0006 on the bid. It may move up some if profit takers do not set in.
Posted by Charbel on :
any news on this one? should i hold it or sell it? suggestions>? Posted by Make In A Livin on :
If you can get BWNR for .0002 or .0003, keep it. It averages around .0005 I've made money on this stock and just jumped back in at .0003.
Posted by Charbel on :
i got in at .0004 i guess just break even, loose commission call it good Posted by Make In A Livin on :
no.....i sold at .0006 last time i was in so if you can be patient it will pop for you.
Posted by Hot-Pepper on :
Isold at .0007 last time and made money. Hey have you check into "GVBP" ? it running today due to break through news.
Posted by Make In A Livin on :
Let hope this one pops .001 in the next day or two!!!
Posted by Make In A Livin on :
Only one MM left at .0004 and then on to the .0005's! Might make some money off this one today.
Posted by Charbel on :
i am with you on this one hopefully pass .0005 and higher Posted by Hot-Pepper on :
How low do we want this one to go ?
0.0002 on the ask and 0.0001 on the bid side with 612,118,242 on the volume. Who is dumping ? and why ?
Posted by Make In A Livin on :
I took a loss on this today and got out. Done wasting my time on this POS.
Posted by Hot-Pepper on :
I bought more at 0.0002, but don't know how long I am going to hold it. Usually tomorrow it will pick up big time speed...imo. I thought it was looking to establish a 52 week low at 0.0002 and some big players started dumping to avoid losses....again, there may have been a lot of convertibles too in my own opinion.....Let see what tomorrow or the next brings.
Posted by Runamuck on :
Pinksheets updated could see news today and it could run. Radar it.
Posted by Charbel on :
looks like is going up gl all am in Posted by Love the Market on :
Charbel - why do you think it's going up? Are you reading charts?
Posted by Charbel on :
heard it was getting ready to get pumped from some online chats? i was in at 0.0004 went down to .0002 and now at .0003. buy/sell book shows very few .0003 left than many 4's, 5's all they way to 8's... just my opinion. I just hope to play the pump action correctly and come out on the winner side Posted by Love the Market on :
I heard that last week too - but it never happened. I bought 1,500,000 more at .0003 to average down from 1,500,000 @.0007 - so now I have 3 mil. @ .0005 - so you're still in better shape than me!!! (Yeah - I've been here a while)!
Good Luck to us all. Steve in FL
Posted by Hot-Pepper on :
I am still waiting to see a run. I am hoping hat it will happen soon.
Posted by Love the Market on :
You and me both. Why do you like OPGX? I've has a sell in at .0015 for a long time but it never got over .0009 even with news this week.
Good Luck to us all!
Posted by Hot-Pepper on :
Hang in there in my own opinion. I actaully bought more shares yesterday at 0.0005, after selling at 0.0008. I ended up with more shares that will produce even more dough. It will produce. The maket indicators for this stock are pointing so. Patience is a virture ! Again, remember what I said about "CYCA" in early September and a couple of weeks ago many riped the reward.
Posted by Love the Market on :
Brownstone Resources LS Grande Update
TORONTO -- (Marketwire) -- 11/12/09 -- Brownstone Resources Inc. (PINKSHEETS: BWNR) announces start of work on the "LS Grande" geophysics survey.
Major Management Exploration will mobilize their crew to the site early next week and begin the proposed survey, originally announced in September.
Additionally, the US Forestry Service was contacted and notified of the upcoming proposed survey, and has given the go ahead to proceed with the project. The survey is expected to take 7-10 days.
Brownstone Resources will make results of the survey public once the full written report has been submitted for management review and recommendations. Dependent upon the results of the program, the company could, as part of the next phase, plan additional drill holes.
The LS Grande property is located in the Coconino County of the Long Valley Mining District in North Eastern Arizona.
In addition to the continued exploration and development of the LS Grande, Brownstone continues to evaluate other potential acquisition and partnership opportunities, as part of their ongoing business strategy.
Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstone's projects are available on the company website at www.brownstoneresources.com.
Forward-Looking Statement
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
Contact:
Investor Relations
Brownstone Resources Inc.
866-365-4724
Posted by Love the Market on :
Brownstone Resources Updates on Its LS Grande Property Brownstone Resources Updates on Its LS Grande Property TORONTO, Nov. 24, 2009 (Marketwire) --
TORONTO -- (Marketwire) -- 11/24/09 -- Brownstone Resources Inc. (PINKSHEETS: BWNR) announces that work is underway on site at the company's "LS Grande" property, located in the Coconino County of the Long Valley Mining District in North Eastern Arizona.
MMES will conduct an Electro Magnetic (EM-16) survey over the property by establishing baselines between the drill holes, and then cross lines to determine the structure of the mineralized zone.
It is anticipated that the work will take approximately one week to complete. The results of the survey will give Brownstone a better understanding of the geology and structure of the mineralized zone, and how the LS Grande might relate to other findings in the area.
Upon completion of the survey, MMES will provide a full written technical report to the company with recommendations that will assist management in the planning for the next stage of exploration on the property.
Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstone's projects are available on the company website at www.brownstoneresources.com.
Forward-Looking Statement
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
Contact: Investor Relations Brownstone Resources Inc. 866-365-4724
Posted by Hot-Pepper on :
Thank you Love The Market for posting the information. I hold a a lot of shares for this company and I want the stock to move higher instead of jittering around 0.0002 and 0.0003. I get tired of looking at the numbers everyday, except that I am having patience with it. Hopefully it will show us the worthwhile effort. The information they are releasing to us is no different in meaning from the one they put out on 11/12/09, which they stated the survey would be completed in 7 to 10 days. I guess they waited 10 days to put out the same information. I want to see them find gold tomorrow, so that the stock price can move higher instead of the same old stories. I guess many investors are wondering what is going on and are also running out of patience, therfore, the company decides to say something by repeating stories in a different form. In any case, let's wait to see what will come out of the story. Maybe by tomorrow the stock will get more demand and move on up.
Posted by Charbel on :
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