Q: Any thoughts on this company as a spec investment? Thanks
5i Research Answer:
BYRG is a Canadian mining exploration company. The company focuses on uranium and lithium with three current projects. Its flagship project is Uranium focussed located in the Athabasca region. The company also has a Lithium project consisting of 12 multi-cell mineral claims covering an area of 4,413 hectares in Ontario. We like the long-term outlook for uranium and lithium, however, as with any miner as junior as BYRG, there is not much fundamentally to look for. We like its recent momentum, and we would prefer to see how the company continues to progress along its exploration plans.