This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Buyer Group International Inc. (BYRG.PK) Receives Letter Of Interest For 2013 Exclusive Joint Business Development With Indonesia Business Development Organization

AUSTIN, Texas, Feb. 4, 2013 /PRNewswire/ -- Buyer Group International, Inc. (OTCPINK: BYRG) ("BYRG" or the "Company") today announced it has received Letter of Interest for joint development of projects in Indonesia from business development organization Indonesia Chamber of Commerce and Industry (KADIN).

Company information available at:

"We are excited to be moving into this accelerated phase of business development.  The indication in writing by the chamber to establish a joint venture and provide exclusive support through their organization is a capstone for our business development strategy," said BYRG CEO Dave Bryant.  He further stated, "Indications are that KADIN wishes to be the sole regional supporter for Buyer Group International.  This is a testament to the fundamental strength of our approach to business development and capitalization in the region.  The projects they have indicated support for is focused towards mineral benefication including shelter, infrastructure, energy, and financial and capital services development exported by our organization to assist their government with providing job programs."

Some of the lands that will be considered for development include areas from the mineral rich Sumbawa district, consisting of three groups with indicated showings.  Area of 15 Hectares (Ha), has two confirmed areas with sampling showing .36 gr/t of Au, 120 gr/t of Ag, 5.05 Ha including 35 samples, 23 rock surface samples, showing 13.8 gr/t Au, 15.5 gr/t Ag, and 183 ppm of Mo, and finally, 31.25 Ha with 3000m of trending copper gold with values showing 879 gr/t of Cu, 4.13 gr/t Au, 19 gr/t Ag, plus .93% Zn, and 5.53% Pb.

BYRG and its advisors believe that strategic development of mineral rich lands will give the shareholders the best long term returns of any industry including government and municipal investment. 

Completion of the proposed transactions are dependent upon important contingencies, including BYRG obtaining financing and guarantees, of which there is no assurance. 

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs