Yet another ridiculous paid promotion by a third party on this company. See below:

“Good Morning Member,

Our new gold alert, Brazil Resources (BRIZF & TSXV:BRI), hit highs of $2.21 yesterday before closing the day at $2.12. We believe this could just be the beginning for Brazil Resources (BRIZF) as they just received a more than 100% price target above the current price from a highly regarded research firm. This new price target was derived from Wednesday's news of the where results showed a 146% increase in Brazil Resources' global gold resource.

In this new development yesterday, issued an updated resource report on Brazil Resources and raised their price target to $5.65(4.29 US). Cantor Fitzgerald was founded in 1945 and has more than 5,000 institutional clients.

, Cantor Fitzgerald Canada's Senior Analyst, was an analyst on the Brazil Resources research update and has covered the metals and mining space for over eight years. His experience includes managing $3 billion in assets as a director of research/portfolio manager at Middlefield Capital, where his primary resource portfolio outperformed its direct peer and benchmark by over 28% and 18%, respectively.”

And so it goes. The promotional email continues further but you get the point from the snippet above. My favorite part of these is always the “DEISCLAIMER” at the bottom (which should be bolded, underlined and highlighted in BRIGHT RED, if I had my way). Again, this is just a snippet:

“Third parties and/or affiliates of SmallCapLeader.com may at any time have a position in the securities mentioned herein and may increase or decrease such positions without notice which will negatively affect the market. Smallcapleader.com has been compensated ten thousand dollars by a third party (TSX Ventures LLC) for an investor awareness campaign regarding Brazil Resources Inc. (BRIZF). Any compensation received constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company.”

I am not going to comment further because most of these guys a much higher number of attorneys at their disposal than I do. But you can see where this was $10K in compensation for the promoter. This isn’t the first time this has been promoted but this latest bout has been very, very successful. From $0.26 to $2.27 is an incredible return (although a chunk of that was probably from speculation over higher gold prices). I’d be willing to wager this run up is short lived. AVOID.