Ray Dirks Research Issues Coverage on Borneo Resource Investments With a Buy Rating
10 Janeiro 2014 - 10:00AM
Marketwired
Ray Dirks Research Issues Coverage on Borneo Resource Investments
With a Buy Rating
BOTHELL, WA--(Marketwired - Jan 10, 2014) - Borneo Resource
Investments Ltd. (OTCQB: BRNE) (the "Company" or "Borneo"), a
mining company that mines gold and develops producing gold mines as
well as coal mining properties in Indonesia, today announced that
Ray Dirks Research has issued coverage on Borneo with a "buy"
rating. The report can viewed in full at:
http://www.cpreports.com/2014/01/09/market-alert-ray-dirks-research-borneo-resources-investments-ltd-brne-january-9-2014-by-ray-dirks.
About Ray Dirks Ray Dirks has been a respected analyst on Wall
Street for decades. He came to Wall Street with Goldman, Sachs
& Co. in 1963 where he was established as the leading insurance
stock analyst dealing with institutional investors and high-net
worth investors both in the U.S. and internationally. Over the
years Ray has expanded his stock market research to include
Healthcare Stocks and Special Situations, including Heavily Shorted
Stocks. Ray has written two books, "The Great Wall Street
Scandal" and "Heads You Win, Tails You Win," published by
McGraw-Hill and Bantam Books respectively.
About Borneo Resource Investments Ltd. Borneo Resource
Investments Ltd. (OTCQB: BRNE) is a mining company that mines gold
and develops producing gold mines as well as coal mining properties
in the Republic of Indonesia. Borneo's current assets include three
gold properties, two of which are producing gold. Cash
flow-producing investments in gold properties help fund Borneo's
operations and investments in gold, while the Company develops high
value, longer-term investments in thermal "coal concessions," which
are properties that can be mined for coal. Borneo currently has one
coal concession in the Borneo region of Indonesia. Indonesia
was the 8th largest gold producing nation in 2012 and the world's
largest exporter of coal, with $25 billion exported in 2012.
Forward-Looking Statements This press release contains
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995
and federal securities laws. Words such as "believe", "estimate",
"will be", "will", "would", "expect", "anticipate", "plan",
"project", "intend", "could", "should" or other similar words or
expressions often identify forward-looking statements. All
statements other than statements of historical fact are
forward-looking statements, including, without limitation,
statements regarding our outlook, projections, forecasts or trend
descriptions. These statements do not guarantee future performance,
and we do not undertake to update our forward-looking
statements.
For example, we are using forward looking statements when we
discuss the indications that estimate the potential revenue that
may be generated from this property. These forward-looking
statements are based on the current expectations of the management
of Borneo Resource Investments Ltd. only, and are subject to a
number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking
statements. The following factors, among others, could cause actual
results to differ materially from those described in the
forward-looking statements: changes in the price of natural
resources, a change in the estimate of natural resources on our
concessions, a change in the ability to extract the natural
resources, changes in Indonesian law, risks associated with
counterparty default in any of our agreements and the ability to
acquire funding. Except as otherwise required by law, Borneo
Resource Investments Ltd. undertakes no obligation to publicly
release any revisions to these forward-looking statements to
reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.
Please join our email distribution list by contacting us at
ir@borneore.com. Related Links: http://www.borneore.com
Investor Relations Contacts: Borneo Resource Investments Ltd. R.
Scott Chaykin CFO schaykin@borneore.com or Corporate Profile, LLC
Dilek Mir Managing Director 310-591-5619
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