gitreal
1年前
These clowns at BYRK just issued a PR about a massive new lithium discovery east of the Midnight Owl https://finance.yahoo.com/news/brightrock-gold-corp-exploration-team-132300397.html
There's a link to a Youtube video https://youtu.be/UeykSBpoei8.
You have got to see the video to believe just how amateurish and clownish these guys are. The idiot who drove his jeep into some rancher's cattle corral and then started zapping random rocks with his spectral analyzer admitted he didn't really know what the numbers meant. And it is obvious he doesn't - how hard would it be to read the instruction manual? Reads the number in ppm, but when he tries to convert to percent, misses it by a couple orders of magnitude. And keeps referring to "lithium-bearing spodumene". Well, that's just idiotic.....all spodumene bears lithium, or it isn't spodumene. And a few tenths of a percent lithium is not spodumene. The rocks he was zapping were not in place, they appeared to be alluvium and did not appear to be pegmatitic rock at all, looks like weathered basalt to me.
I bet the rancher that owned that corral would not be happy with that idiot messing around his water tanks and piping.
Apparently there are many other videos of Steve Cyros stumbling around the hills north of Wickenburg talking about all the massive lithium deposits. What an idiot, he wouldn't know a chunk of spodumene if it hit him on the head.
Captain Black Bob Blanco
1年前
"the interpretation of imaging data collected by SpecTIR, LLC. "
Interpretation Lmao.
BrightRock Gold Corporation Announces the First-of-its-Kind Discovery of a Significant Spodumene Deposit at its Midnight Owl Location near Wickenburg, Arizona Using SpecTir Hyperspectral Data
GURNEE, IL / ACCESSWIRE / August 22, 2023 / BrightRock Gold Corp. (OTC Pink:BRGC) is pleased to announce the interpretation of imaging data collected by SpecTIR, LLC. The engagement of SpecTIR, LLC, has resulted in the production of a groundbreaking and first-of-its-kind discovery of a significant spodumene deposit at BrightRock's Midnight Owl Property near Wickenburg, Arizona, utilizing a long-wave infrared (LWIR) hyperspectral survey. This ground-breaking process has paved a new avenue for the exploration of hard-rock lithium resources. This is the very first time that spodumene-grade lithium has been directly detected in a commercial airborne survey. The hyperspectral imaging data collection was executed at a resolution of around 3 feet (1 meter), adhering to military-grade standards.
Midnight Owl is a lithium pegmatite exploration project located in the White Picacho Pegmatite District near Wickenburg, Arizona. The project is situated in a favorable location due to its mining history. Additionally, the project site is approximately 170 miles away from three lithium battery gigafactories. BrightRock owns 100% of the property, spanning 5005 acres, or 243 lode claims.
Summary of Results
SpecTIR has made a ground-breaking discovery of lithium-bearing pegmatites with their Long Wave Infra-Red (LWIR) Aerial Fixed Wing Survey. This study marks their first successful detection by SpecTIR of in-situ spodumene, the key lithium ore mineral. Spodumene can only be detected with a well-calibrated LWIR instrument, such as the Specim AISA OWL used in this study. As far as it is known, SpecTIR is the only company in the world to offer this unique and powerful tool for in-situ spodumene detection. Previously, SpecTIR has detected spodumene over disturbed ground, but now, with the Midnight Owl flight, undisturbed in-situ spodumene has been mapped from the air. This discovery is the first of its kind, opening a new frontier for the exploration of hard-rock lithium deposits.
Captain Black Bob Blanco
1年前
House of cards. Pumper finds claims , finds a friendly CEO , sells the CEO the claims, in exchange for shares and the CEO puts out the PR's while the pumper and his followers pump the stock on twitter and other sites. Wild storylines about fantastic historical assay numbers, and deals with other tickers that the pumper just happens to have similar setups with, etc, etc,etc
luring in the noobs and the uninformed to buy shares to inflate the pps and once the pumpers sell, look out below. All that's left are bagholders in the end.
gitreal
1年前
Lithium, nickel, cobalt? What about rare earths, did they forget that one? They're systematically hitting every strategic metal/mineral they can think of.....another chapter out of the penny stock playbook. Buy up claims with "occurrences", tiny prospects, and mined-out deposits. They're cheap. Then use them to promote a host of insider dilution OTC scam stocks.
There's a reason someone like Sunny can file for these claims, or buy them cheap. Nobody else wants them. It would be ironic if he happens to buy or stake a claim that ends up part of a Superfund cleanup someday....and gets brought into the chain of ownership, liable for cleanup. That would suck...for him.
gitreal
1年前
The White Picacho District is well documented, well-studied, and the presence of dikes, lenses, and pods is not a secret. Dikes, lenses and pods are all over that district, most of them are simple (and very small) pegmatites - essentially worthless (quartz, feldspar, mica), too small to mine, too remote, no infrastructure.
They will never drill. Right out of the penny playbook......drilling imminent!
Captain Black Bob Blanco
1年前
I just noticed this promo from March.
https://www.allpennystocks.com/specialreportsus/3237/miner-releases-plan-for-lithium-project?utm_source=advfn
Quote” Mac J. Shahsavar, P.Eng. Chief Executive Officer of BrightRock, stated "With a swarm of dikes, lenses, and pods, this leads our team to believe in the presence of extensive lithium mineralization in this geographic area. This report along with further geochemical and geophysical data will be used to guide upcoming drilling decisions."
gitreal
1年前
The noteholder of the toxic convertible notes is the CEO, Shahsavar?? So, he ends up being able to convert into millions of shares at the bargain basement price of $0.005? And he is also buying shares at a market price, and then filing Form 4's? Huh? Why buy shares at market price, when he can get all he wants at next to nothing? As management, he can't sell that many shares at a time, right?
Something about this really stinks.
Captain Black Bob Blanco
1年前
The BRGC CEO is the note holder. Lol
Check out this Pr from one of the 3 mining tickers
Red Beryl is Sunnyland’s mining company.
Look at the bottom in bold.
I would give odds that the Accredited investors are some of the core group in his invitation only discord chat room
I believe one of them was touting the Form 4’s here today.
XCana Petroleum Corp., Announces Purchase of Service Agreement with Red Beryl Mining Company, Inc.
Press Release | 09/06/2022
CHICAGO, IL / ACCESSWIRE / September 6, 2022 / XCana Petroleum Corp. (OTC Markets:XCPT) announced today that it has entered into a definitive agreement with Red Beryl Mining Company, Inc. and accredited investors to procure a 2000 acre mining property. The goal will be to obtain 100% ownership of a well documented Nickel Deposit within the United States. The state, county, & exact deposit for this target have already been pinpointed by the Red Beryl Mining team for filing & staking. The location & details of this target will remain confidential until we can ensure ownership is secured under the XCana Petroleum Corp name.
The Need for Nickel:
In a recent IEA (International Energy Agency) report they stated "Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030. The report concludes the industry needs to build 50 more lithium mines, 60 more nickel mines and 17 more cobalt mines by 2030 to meet global net carbon emissions goals. By 2030, nickel is facing the largest absolute demand increase as high-nickel chemistries are the current dominant cathode for EVs and are expected to remain so."
Mac J. Shahsavar, P. Eng. Chairman of the Company is quoted in saying, "with this agreement we have completed a trifecta of critical battery metal exploring companies. BrightRock Gold Corp, Xtra Energy Corp, and XCana Petroleum Corp are here to meet this historic demand. Batteries will power the future, and they will need minerals like Lithium, Antimony, and Nickel to make it possible."
The consideration for this agreement is 25,000,000 restricted common shares and no cash consideration to be paid to the parties being Red Beryl Mining Company, Inc. & Accredited Investors.
Captain Black Bob Blanco
1年前
Quote” No good for anything but promoting to gullible investors who know nothing about geology, exploration, or the economics of mining.”
Yep, claims acquired from Sunnyland’s mining company. Lol
He has teamed up with this same CEO on 2 other mining tickers. Same CEO, same setup with Sunnyland, BRGC-XCPT-XTPT
Debt conversions shares at .005 for the CEO? Millions of shares to Sunnyland for the mining claims.
Little to no cash but they are going to mine and build plants.
My guess is the only mining that is being done is the pockets of the noobs and the uninformed.
gitreal
1年前
BRGC has produced nothing, and will produce nothing in the near future, and in my opinion, probably never will.
You are correct. The Midnight Owl is a small lithium pegmatite, mined out half a century ago. It is nothing more than a geological curiosity. I believe the AGS or maybe AIPG took a tour group to the mine years ago, but have not tried to go back.....the road in is 6 miles of horrendous 4WD road up a wash, no power within miles. And being Federal lands, just try to get a permit to improve the road (it's in a "waterway", try permitting that). As for supplying lithium to some battery facility in the Phoenix area.....that's ridiculous.
No good for anything but promoting to gullible investors who know nothing about geology, exploration, or the economics of mining.