We are loving the trading action in BRYN over the past few days topping $0.10 today or 150% gains for the week – this definitely shaping up for some wild action to close out the week and heading into next week.

BRYN technicals just confirmed a bottom bounce play holding solid at support levels above the 50DMA with chart trends turning upwards towards a bullish breakout reversal pattern.

TREND REVERSAL

A change in the direction of a price trend. On a price chart, reversals undergo a recognizable change in the price structure. An uptrend, which is a series of higher highs and higher lows as we are seeing with BRYN. This can prove to be most profitable for investors jumping in on the ground floor of a major uptrend.

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The consensus in today’s economy is protecting yourself with GOLD investment as a looming currency crisis is just beginning – this will inevitably push the Gold Bullion to record highs.

The best risk reward trade-off is buying gold mining companies that will take advantage of this rising gold prices – and Bryn Resources (BRYN) is our Top Gold Play performer.

Buy Gold Because a Currency Crisis is Coming   by  Mark O’Byrne

BRYN is buzzing at the right time and the right place with the most to gain from rising Gold Prices as the company heads into the most active season for Gold Exploration.

 

No matter how you slice and dice it, BRYN is a money maker at its infancy and our picks have proven itself time and time again especially our monster winner DROP (+83,000%) which we definitely like to boast about and why not…this made some of our members millionaires from our original alert at $0.0015 and reaching our $1.25 target!

BRYN is literally sitting on a GOLD MINE and has the potential to become a huge cash cow. BRYN is aggressively pursuing other deals and we are expecting some market moving news including more company updates and additional acquisitions.

BRYN closed at $0.09 up 28.57% on the day and 100% in the last 2 trading. We are watching the wires very closely – stay tuned and don`t be on the sidelines on this play. 

BRYN’s Wine Harbour property already yielded 43,000 oz of Gold. At today’s prices, we are taking about $70 Million.

It’s not a question of if there’s GOLD its a question of how much!

RECENT PRESS RELEASES

Bryn Resources Inc. Further Cancels 4,500,000 Restricted Shares.

 Bryn Resources Inc. (PINK: BRYN) is pleased to announce that in addition to the cancellation of 59,000,000 restricted shares announcement (http://www.brynresources.com/wp/index.php/2011/08/bryn-resources-inc-cancels-59000000-restricted-shares/) it has further reduced another 4,500,000 restricted shares. The cancellation will reduce the overall outstanding shares to 51,266,260. Bryn Resources Inc. previously identified 1 (one) shareholder, Bastille Advisors Inc, that will have an equity [...]

And what make BRYN a solid play:

• BRYN Share reduction to 51M, less than half.
• BRYN float reduced to only 13M, lower by over 11.75 Million shares!
• BRYN announce to become fully reporting and up list to higher exchange.
• Non-dilutive Credit Facility of a minimum of $20 Million to maximum of $100 Million per property. The key here is 2 fold: Non-Dilutive, and per property. This means that this credit facility can be in the billions of dollars in total funding. With a % royalty per funded property, this can add significant revenues to Bryn’s bottom line.
• Geological service agreement with Trueclaim Exploration Inc, is a big step towards the progress on its current properties and moving towards a 43-101 where BRYN can tap into the credit facility and up to $100 Million in non-dilutive funding. This is a significant step for BRYN and will add much more value to the company and its target price. Also, Trueclaim’s technology is one of the most advanced in the industry which can complete analysis in a fraction of the time. Where it may take other companies months to complete, will only take Trueclaim a few weeks with their unique technology.
• Gold prices continuing at near all-time highs with recent close of 1,675/oz 

About Bryn Resources Inc.

Bryn Resources is a precious metals exploration company currently concentrating its efforts in Eastern Canada region holding 100% interest in Renfrew Nova Scotia that comprises of 62 Claims covering 2,480 acres, and 100% interest in Wine Harbour, Nova Scotia. These claims have historically demonstrated their mineralization and in the period between 1862 and 1939 yielded 42,726 ounces of gold from 83,000 tons of ore, for an average content of 0.52 ounces per ton. Bryn Resources Inc. continues to seek partnerships in proven mineralization which are close to the production phase

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BRYN is making a move exactly like we have seen when it soared to $0.80 from and inital alert price of  $0.04 on 2x the amount of shares outstanding, this can get real crazy quickly.

BRYN’s recent share reduction slashed in 1/2 will move prices even quicker

Bryn Resources Inc. Cancels 59,000,000 Restricted Shares.

Prices will not last long under a dime, with an update on their properties due any-time, investors are at the beginning of a major rally. Continue reading →

Something is brewing in BRYN land as today’s trading action is starting to make us think that something may just be right around the corner.

BRYN made an interesting move trading above the average volume and tacking on 70% gain to close out the session.

We are keeping a close watch on BRYN’s daily action, this is going to get real interesting.

BRYN is also in the best shape than ever with 2 recent share reduction slashing the outstanding to less than half and significant reduction in the float to 13 Million.

BRYN also recently entered into a Geological Service agreement with Trueclaim, a well-respected and top tier performer in the mining and metals industry!

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