BMIX The business model of BMIX in the medium term is to control a certain number of attractive, profitable or near-term profitable operating mines, while partnering on other projects. We use capital judiciously in part given the founder’s past experience as a venture capitalist. We like to diversify our risk across minerals. We intend to maintain a small operation, outsourcing as much as possible, so as to become profitable as soon as possible. We like many aspects of the business model of Royal Gold (Nasdaq: RGLD), a very successful company in the mining and minerals sector.
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