ANL 0.00% 0.1¢ amani gold limited

why you should consider byr immediately

  1. 122 Posts.
    I'm very surprised this is getting very little attention in the market. Results are due any minute now. If the open is strong, we could see this run really hard. I like this because:

    1) BYR think they have a potential IOCGU deposit at their Balatindi project and this could be a company maker. One of the world's largest mines is BHP's Olympic Dam and that's a IOCGU deposit. They have drilled 200m plus deep and results are due any minute now. They initially only drilled half the depth, but decided to double the drill depth. Companies don't do this if they have nothing in the first 100m.

    2) Directors currently doing a roadshow in Europe so many people are hearing about this and will jump on once they see it move/good results.

    3) PRU holds 19% and have $0.05 options that are way in the money. Once they exercise them, they will hold 30% and highly likely to takeover BYR. PRU just became a producer, so they will not have problems finding the cash. The PRU connection is v. significant.

    4) Their Mansounia project in Guinea is a proven 1 million oz of gold resource at 0.5g/t.

    5) On Tuesday a director just bought $100K of stock on market. This indicates they are confident of the results and results can't be far away.

    6) Market cap of BYR is around $90million which is ridiculous given all of the above.

    The stock reached $0.505 the last time we were expecting results and dropped back down when they were delayed. We're currently $0.395, and I can see us at at least $0.45 by next week prior to results. There will be a rush of people getting in on Friday for sure, as there's a high possibility of a trading halt on Monday. If results are good, I can see this easily doubling or more.

    I strongly recommend you see the 2011 Roadshow Presentation below:

    http://90.cdn.auroracms.com/resources/30/0000/3535/byr_roadshow_presentation-_feb_2011.pdf
 
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