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Brunswick Exploration Inc V.BRW

Alternate Symbol(s):  BRWXF

Brunswick Exploration Inc. is a mineral exploration company. The Company is focused on grassroots exploration for lithium. The Company is advancing its lithium property portfolio in Canada and Greenland. Its projects include Mirage Project, Elrond Project, Anatacau Main Project, Anatacau West Project, SMB (South Mountain Batholith) Project, Trans-Hudson Project and the Lake Athabaska Project, among others. The Mirage Project is located approximately 40 kilometers (km) south of the Trans-Taiga Highway. The Elrond Project is located about 12 km east of the Billy Diamond Highway in Quebec’s James Bay region. The Anatacau Property is located in the James Bay-Eeyou Istchee region of Quebec. The SMB (South Mountain Batholith) Project area is located in central mainland Nova Scotia. The Trans-Hudson Project is located around and in between the communities of Creighton, La Ronge, and Southend in central Saskatchewan. The Lake Athabaska Project is located about 75 km west of Uranium City.


TSXV:BRW - Post by User

Post by deepoil0808on Sep 07, 2023 10:22am
107 Views
Post# 35623931

Where is the SOURCE? I do not see it.

Where is the SOURCE? I do not see it.Looks like BRW is going all out on Mirage  with 26 drill holes, less than 200 meters per hole.    So much for diversification. 

I do not see any mention of a major source at Mirage.   

Risk is that pegmatities could be very shallow or if successful could yield a Anatacau West type of deposit.

BRW has alreday priced in a discovery (valued at $ 287 million with all shares fully diluted).   

Anything less than a PMET type of discovery and stock will be in trouble.

Too many promises unfortunately on having a big portofolio and business model had to be changed to one core project Mirage, like all the other lithium companies out there.   Change in business model has made BRW very risky.

Good Luck to shareholders. 
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