PLYN on the cusp of a major technical breakout

Published: Thu, 07/23/20


 

Subscribers,
 
We recently introduced you to PLYN and its been a wild ride with a lot of volatility.

And here we are again with PLYN on the cusp of a major technical breakout.

As you can see in the chart below, PLYN is in a flag formation with some overhead resistance at around $1.70 - $1.75.

With its trading range tightening, we think a breakout could be near. That's why we are imploring you to get PLYN on your trading screen immediately.



And in case you missed our initial profile a couple of weeks ago, here it is again...

 
 
Gold Investment Report 
 
PLYN Palayan Resources is an Active Mining Company Focused on World Class Gold Deposits; New Acquisition Brings Mineral Rights to a Promising Property in Kazakhstan

PLYN has ties to Cicero, which was co-founded by the Shark Tank’s Kevin Harrington.

                         Gold is the Sector to Invest in NOW
  • Active Mining Company Focused on High Value Gold Deposits.
  • Recent Acquisition of Netherlands Company with Very Promising Gold Mining Rights in Kazakhstan.
  • Experienced Management with In-Country and Business Connections.
  • Cicero Transact Group to Assist in Worldwide Business Development and Marketing.
The argument for being invested, directly or indirectly, in gold is perhaps stronger than it’s ever been for today’s generation of investors. Gold stocks are the simplest way for most individuals to gain exposure to the precious metal. As Warren Buffett said, “Bullion produces no income,” so it may be better to seek the upside potential of gold stocks of companies actively in the business of maximizing profits for their shareholders.
Palayan Resources (OTC: PLYN) is an exploration company focused on finding and developing world-class gold deposits. PLYN has positioned itself to capitalize on opportunities in Kazakhstan—enhanced by a team with extensive experience in mining and in-country government and business connections.
  • Palayan Resources Acquires Certain Mineral Rights in Kazakhstan
On June 19th PLYN and Scythian Mining Group Ltd. (“SMG”) announced the closing of a Share Exchange Agreement pursuant to which PLYN  acquired all of the issued and outstanding shares in the capital of SMG’s wholly owned subsidiary, SMG-Gold B.V., a Netherlands incorporated company. The parties are working diligently to satisfy all requirements of the Transaction, including the transfer of shares of SMG-Gold B.V. to the PLYN.

SMG-Gold B.V., a private company incorporated under the laws of the Netherlands, holds certain mineral rights through Altyn Kokkus LLP, a Kazakhstan limited liability partnership organized and existing under the laws of Kazakhstan, identified by a Subsoil Resources Use Contract No 2068 for land rights and underground mineral rights to the Kokkus Project, a gold and copper deposit in Kazakhstan (the “Kokkus Project”).

The Kokkus Project is a gold deposit located in the Karaganda Orblast, about 400 kilometers from the regional mining center of Karaganda. It consists of a Subsoil Resource Contract under Kazakhstan law covering approximately 16 square kilometers.
  • Palayan Resources Engages Cicero Transact Group to Assist in Business Development and Marketing Worldwide
On June 29th PLYN announced a business development and data management services agreements with Cicero Transact Group, Inc. ("Cicero"). Cicero will supply targeted data to PLYN  to assist the company with its marketing strategy within its industry verticals. Cicero will also assist in gold mining industry research and develop online and offline brand awareness content for the Company. 

The Cicero data management platform and network of company designated websites will target gold mining industry professionals, gold mining stock investors, family offices, and also multiple industry-related groups on social media. Those awareness efforts will provide a significant benefit to the company and help expand its brand recognition, including that of the recently acquired SMG-Gold B.V. ("SMG"). Cicero will not only provide PLYN access to direct industry targeted data, but it will also advise PLYN and its subsidiaries on how such targeted data can help execute their business strategy. Cicero will work closely with PLYN to help establish and assist with their core business objectives and lead generation campaigns.

For more information on PLYN visit visit www.palayanresourcesinc.com


All the best.

SmallCapMomo.com

picks@smallcapmomo.com
 
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