... it's a big blue watery road ...
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Looks like a group is looking to pump here after front loading during the two days of high volume recently.
Volume has increased dramatically lately - on both sides of the tape.
Wow. Dumping at $0.75 is impressive. 15K still on the ask after dumping 12.5K already.
The volume has definitely picked up since the last PR, but someone is giving up their shares in $0.60-$70 range too easily for the ticker price to go up.
They may be onto something here. 3.7 million tons x $2,000 per ton = potential $7.4 BILLION worth of easily-extractable commodity reserves.
JUPITER GOLD ADVANCES TOWARDS ITS FIRST MINE
BELO HORIZONTE, BRAZIL -- (November 30, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF, “Jupiter Gold” or the “Company”) announced that it has filed with the Brazilian mining department the application for an initial mining license for its 100%-owned quartzite deposit in the state of Minas Gerais, Brazil. The Company was searching for gold in one of its properties and identified a large quartzite formation in July 2020. Thereafter, Jupiter Gold expeditiously proceeded with several geological field studies which both confirmed the quality of the deposit and indicated the potential for 3.7 million tons of quartzite. The Company is planning a simple open pit operation which could become profitable within a few months.
Quartzite mining in Brazil is known to have the potential for high profitability since the extraction is low-cost and straightforward while the current price for quartzite is approximately US$ 2,000 per ton. This mineral is sought after by Brazilian enterprises as well as representatives of foreign buyers, particularly from the U.S., China, and Italy. Quartzite slabs have a variety of uses in architectural projects, including counters and tiles.
Marcellus Torres, Jupiter Gold’s mining engineer with expertise in quartzite mining, added: “From finding this deposit only a few months ago to devising a mining operation around it, we have moved very fast. Most importantly, the studies performed so far indicate the presence of a commercially attractive and desirable end-product.”
Photographs of parts of the deposit and details on the types of quartzite that it has follow below.
JUPITER GOLD ADVANCES TOWARDS ITS FIRST MINE
BELO HORIZONTE, BRAZIL -- (November 30, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF, “Jupiter Gold” or the “Company”) announced that it has filed with the Brazilian mining department the application for an initial mining license for its 100%-owned quartzite deposit in the state of Minas Gerais, Brazil. The Company was searching for gold in one of its properties and identified a large quartzite formation in July 2020. Thereafter, Jupiter Gold expeditiously proceeded with several geological field studies which both confirmed the quality of the deposit and indicated the potential for 3.7 million tons of quartzite. The Company is planning a simple open pit operation which could become profitable within a few months.
Quartzite mining in Brazil is known to have the potential for high profitability since the extraction is low-cost and straightforward while the current price for quartzite is approximately US$ 2,000 per ton. This mineral is sought after by Brazilian enterprises as well as representatives of foreign buyers, particularly from the U.S., China, and Italy. Quartzite slabs have a variety of uses in architectural projects, including counters and tiles.
Marcellus Torres, Jupiter Gold’s mining engineer with expertise in quartzite mining, added: “From finding this deposit only a few months ago to devising a mining operation around it, we have moved very fast. Most importantly, the studies performed so far indicate the presence of a commercially attractive and desirable end-product.”
Photographs of parts of the deposit and details on the types of quartzite that it has follow below.
Volume has dried up but at least there is clearly no dilution.
Holding steady. Would need some news to move.
A lot more volume lately in the $0.60 to $1 channel.
JUPGF
Now that we have touched $0.0007, the convertible debt will be flushing out at $0.0004 or even $0.0003. Not a good kind of momentum here.
Where do you see that website is being updated? If anything, both websites look somewhat abandoned - Jupiter website, for instance, does not even reflect many of the most recent PRs.
6099 share ask slap today. Not bad. Heavy day for Jupiter :)
Jupiter Gold Discovers Substantial Quartzite Deposits
Belo Horizonte, Brazil--(Newsfile Corp. - September 21, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or the "Company") announced that it has identified white and light grey quartzite deposits in one of its 100%-owned mineral rights in southeast Brazil. Preliminary calculations indicate a potential aggregate of 3.7 million tons of quartzite, a mineral which is widely used for countertops and tiles; Brazil is a leading producer and exporter. Current prices for the type of quartzite identified range from $1,200 to $2,000 per ton when sold at the quarry. Because of the possibility of potential cash flow with a relatively simple quarry, Jupiter Gold has been investigating this opportunity with a mining engineer with substantial expertise in both quartzite mining and its commercialization.
A photograph from an aerial survey of a part of Jupiter Gold's project area is found below; the contours drawn in the picture indicate the four areas with most quartzite outcroppings.
Aerial Survey
Photographs of a retrieved quartzite sample and of an outcropping in Jupiter Gold's mineral right are found below.
Quartzite Sample
Mineral Right Outcropping
The Company plans focused field studies and, if results continue to be positive, to expeditiously enter with the necessary permitting for an open surface mining operation.
Source: https://www.newsfilecorp.com/release/64232
Jupiter Gold Discovers Substantial Quartzite Deposits
Belo Horizonte, Brazil--(Newsfile Corp. - September 21, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or the "Company") announced that it has identified white and light grey quartzite deposits in one of its 100%-owned mineral rights in southeast Brazil. Preliminary calculations indicate a potential aggregate of 3.7 million tons of quartzite, a mineral which is widely used for countertops and tiles; Brazil is a leading producer and exporter. Current prices for the type of quartzite identified range from $1,200 to $2,000 per ton when sold at the quarry. Because of the possibility of potential cash flow with a relatively simple quarry, Jupiter Gold has been investigating this opportunity with a mining engineer with substantial expertise in both quartzite mining and its commercialization.
A photograph from an aerial survey of a part of Jupiter Gold's project area is found below; the contours drawn in the picture indicate the four areas with most quartzite outcroppings.
Aerial Survey
Photographs of a retrieved quartzite sample and of an outcropping in Jupiter Gold's mineral right are found below.
Quartzite Sample
Mineral Right Outcropping
The Company plans focused field studies and, if results continue to be positive, to expeditiously enter with the necessary permitting for an open surface mining operation.
Source: https://www.newsfilecorp.com/release/64232
While still low, the volume has certainly been picking up lately... Perhaps that Belgian report had something to do with it.
JUPGF
Mr. Fogassa was not paid any cash compensation for his service as Chief Executive Officer and Director of Jupiter Gold from July 2016 and until March 2020. Instead, Mr. Fogassa was remunerated monthly with five-year options to purchase 30,000 shares of JUPGF’s common stock at $1.00 per share.
https://smallcaps.us/reports/CR_JUPGF_2020_Q3.pdf
Jupiter Gold’s initial NI 43-101 for the Alpha Project is expected in Q42020. In parallel, the Company has started the planning of the regulatory studies needed for an initial gold production license.
https://smallcaps.us/reports/CR_JUPGF_2020_Q3.pdf
My focus has shifted to Jupiter because I still think that the concept of gold in Brazil has a lot of potential going forward, but I am no longer interested in watching convertible debt fuck up my investment day by day. Jupiter has no debt and now has the same property that I originally invested into BMIX because of, for which geo report is coming in Q4. In my mind, it’s just a better and more stable play.
Jupiter Gold: An Undiscovered Gold Gem in Brazil
Jupiter Gold Corporation (US: JUPGF – $1.05) has 100%-ownership to mineral projects in development and exploratory stages aggregating 145,668 acres in Brazil. In particular, Jupiter Gold has eight gold projects and one quartzite quarry project. Reasons to own Jupiter Gold stock:
1. Highly focused on gold projects in Brazil, an excellent mining jurisdiction that its team knows extremely well.
2. Its gold projects are located in important and well-known gold mining districts thus providing significant risk diversification.
3. Potential for early revenues from several potential sources: a) its own mining of saprolite-colluvial deposit in Alpha Project; b) quartzite quarry product sales.
4. Additionally, significant potential to measure/grow gold resources/reserves as geological studies are completed.
5. No debt, low share count, management with deep local experience.
Jupiter Gold owns multiple mineral rights in some of Brazil’s leading gold mining provinces, including “Quadrilátero Ferrífero”, Alta Floresta, Paracatu, Crixás, Bahia, and the Amazon. In these regions, major companies inclduing Kinross Gold [NYSE: KGC], Yamana Gold [NYSE: AUY], and AngloGold Ashanti [NYSE: AU] are producing the yellow metal.
One of its several projects, Jupiter Gold’s Alpha Project has undergone extensive geological studies by a predecessor which demonstrated gold mineralization of 64,000 ounces, worth over US$120M at the current price of gold. This original report only covers the top colluvial and saprolite layers and only a fraction of Jupiter Gold’s current mineral rights in this project and therefore potential for material upward revision exists.
We initiate coverage of Jupiter Gold with a buy recommendation and an initial price target of us$2.00, which is ~90% above today’s stock price.
https://smallcaps.us/jupiter-gold-an-undiscovered-gold-gem-in-brazil/
The Third Quarter 2020 Jupiter Gold Report (PDF file)
https://smallcaps.us/reports/CR_JUPGF_2020_Q3.pdf
Jupiter Gold: An Undiscovered Gold Gem in Brazil
Jupiter Gold Corporation (US: JUPGF – $1.05) has 100%-ownership to mineral projects in development and exploratory stages aggregating 145,668 acres in Brazil. In particular, Jupiter Gold has eight gold projects and one quartzite quarry project. Reasons to own Jupiter Gold stock:
1. Highly focused on gold projects in Brazil, an excellent mining jurisdiction that its team knows extremely well.
2. Its gold projects are located in important and well-known gold mining districts thus providing significant risk diversification.
3. Potential for early revenues from several potential sources: a) its own mining of saprolite-colluvial deposit in Alpha Project; b) quartzite quarry product sales.
4. Additionally, significant potential to measure/grow gold resources/reserves as geological studies are completed.
5. No debt, low share count, management with deep local experience.
Jupiter Gold owns multiple mineral rights in some of Brazil’s leading gold mining provinces, including “Quadrilátero Ferrífero”, Alta Floresta, Paracatu, Crixás, Bahia, and the Amazon. In these regions, major companies inclduing Kinross Gold [NYSE: KGC], Yamana Gold [NYSE: AUY], and AngloGold Ashanti [NYSE: AU] are producing the yellow metal.
One of its several projects, Jupiter Gold’s Alpha Project has undergone extensive geological studies by a predecessor which demonstrated gold mineralization of 64,000 ounces, worth over US$120M at the current price of gold. This original report only covers the top colluvial and saprolite layers and only a fraction of Jupiter Gold’s current mineral rights in this project and therefore potential for material upward revision exists.
We initiate coverage of Jupiter Gold with a buy recommendation and an initial price target of us$2.00, which is ~90% above today’s stock price.
https://smallcaps.us/jupiter-gold-an-undiscovered-gold-gem-in-brazil/
The Third Quarter 2020 Jupiter Gold Report (PDF file)
https://smallcaps.us/reports/CR_JUPGF_2020_Q3.pdf
Jupiter Gold Advances Its Apuí Gold Project
Belo Horizonte, Brazil--(Newsfile Corp. - September 10, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or the "Company") is pleased to announce that it has concluded an important phase of geological studies of its Apuí Project located in the state of Amazonas in Brazil in the so-called "Amazon Gold Belt." As with all of the other projects of the Company, Apuí is 100% owned by Jupiter Gold and encompasses three mineral rights for gold with total surface area of approximately 69,330 acres. This project is reached from Apuí, a city of 19,000 in the southeast region of Amazonas state with the necessary infrastructure to support the setup of a mining project.
The Amazon region of Brazil in a relatively new gold frontier. Primary gold deposits identified in this region are usually greater than 1M ounces. The Apuí Project is inserted in the NW portion of the Juruena-Teles Pires Gold Province. According to geological studies, the area has great potential for epitermal, primary and secondary gold deposits. In fact, Jupiter Gold's technical team identified the existence of prior settler gold mining operations two miles from the Apuí Project.
The work performed at the Apuí Project geological mapping and target identification. Geochemical sample surveys were carried out near magnetic anomalies identified by available geophysical mapping, which can indicate viable gold deposits. However, there could be several other minerals present including copper.
In other news, Smallcaps Investment Research, based in Brussels, Belgium, has recently published its initial report on Jupiter Gold, which is available at Smallcaps' website at https://smallcaps.us/jupiter-gold-an-undiscovered-gold-gem-in-brazil/. Smallcaps has been retained by the Company to help increase the availability of its information to European and North American investors.
About Us:
Jupiter Gold Corporation (OTCQB: JUPGF) has 100% ownership in several gold projects in development and exploration in Brazil. In particular, Jupiter Gold owns 100% of both the Alpha Gold Project, with over 28,000 acres of mineral rights for gold is in the state of Minas Gerais, and the Alta Floresta Gold Project, with over 24,000 acres of mineral rights for gold in the state of Mato Grosso. Both of these projects are currently under geological exploration by the Company.
More information on Jupiter Gold is available at www.jupitergoldcorp.com. Follow it on Twitter: @JupiterGoldCorp
https://www.newsfilecorp.com/release/63554/Jupiter-Gold-Advances-Its-Apu-Gold-Project
Jupiter Gold Advances Its Apuí Gold Project
Belo Horizonte, Brazil--(Newsfile Corp. - September 10, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or the "Company") is pleased to announce that it has concluded an important phase of geological studies of its Apuí Project located in the state of Amazonas in Brazil in the so-called "Amazon Gold Belt." As with all of the other projects of the Company, Apuí is 100% owned by Jupiter Gold and encompasses three mineral rights for gold with total surface area of approximately 69,330 acres. This project is reached from Apuí, a city of 19,000 in the southeast region of Amazonas state with the necessary infrastructure to support the setup of a mining project.
The Amazon region of Brazil in a relatively new gold frontier. Primary gold deposits identified in this region are usually greater than 1M ounces. The Apuí Project is inserted in the NW portion of the Juruena-Teles Pires Gold Province. According to geological studies, the area has great potential for epitermal, primary and secondary gold deposits. In fact, Jupiter Gold's technical team identified the existence of prior settler gold mining operations two miles from the Apuí Project.
The work performed at the Apuí Project geological mapping and target identification. Geochemical sample surveys were carried out near magnetic anomalies identified by available geophysical mapping, which can indicate viable gold deposits. However, there could be several other minerals present including copper.
In other news, Smallcaps Investment Research, based in Brussels, Belgium, has recently published its initial report on Jupiter Gold, which is available at Smallcaps' website at https://smallcaps.us/jupiter-gold-an-undiscovered-gold-gem-in-brazil/. Smallcaps has been retained by the Company to help increase the availability of its information to European and North American investors.
About Us:
Jupiter Gold Corporation (OTCQB: JUPGF) has 100% ownership in several gold projects in development and exploration in Brazil. In particular, Jupiter Gold owns 100% of both the Alpha Gold Project, with over 28,000 acres of mineral rights for gold is in the state of Minas Gerais, and the Alta Floresta Gold Project, with over 24,000 acres of mineral rights for gold in the state of Mato Grosso. Both of these projects are currently under geological exploration by the Company.
More information on Jupiter Gold is available at www.jupitergoldcorp.com. Follow it on Twitter: @JupiterGoldCorp
https://www.newsfilecorp.com/release/63554/Jupiter-Gold-Advances-Its-Apu-Gold-Project
We can disagree on this, but the chart means nothing in a $0.0008 penny stock with $700K of debt that is actively converting into shares. The supply-demand ratio here is unnatural and there is no chart that can predict/reflect that.
A merger or a buyout would certainly be a good exit strategy for Marc. He has a sizeable stake in both companies, and after nearly a decade of trying they are failing to become profitable on their own. With gold prices being where they are today, both BMIX and JUPGF may be tempting targets for some of the bigger boys. Of course, that would require the companies to put in a bit more PR work out there. Jupiter in particular is a ghost in broader market right now.
No sellers here. No dilution.
JUPGF
Losing support here.
BMIX
As per my post below, BMIX currently has 7.7% ownership stake in Jupiter.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157310680
JUPITER GOLD ADVANCES ANOTHER GOLD PROJECT: ALTA FLORESTA IN CENTER-WEST BRAZIL
BELO HORIZONTE, BRAZIL -- (August 18, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF, “Jupiter Gold” or the “Company”) is pleased to announce that it has concluded an initial phase of geological studies of its Alta Floresta Gold Project located in the state of Mato Grosso in center-west Brazil. This project is 100% owned by Jupiter Gold and encompasses 3 mineral rights for gold with total surface area of approximately 24,395 acres. Two of the areas shows intense tracks with prior artisanal and superficial gold mining activities associated with robust production of gold. They also displayed similarities of their geophysical signatures with known nearby gold deposits. The third area shows strong potential for gold, copper and manganese according to the technical team that visited and studied the area; Anglo American has recently announced a large copper project nearby.
Areli Nogueira, a senior geologist with the Company, commented: “Our Alta Floresta Gold Project is showing indications of being a potentially promising location for gold. One of our areas is next to a producing gold mine and with the studies just completed, we have now identified several high potential targets in our areas.”
The aforementioned mineral rights are geologically located in the mining district known as “Província Aurifera Alta Floresta” or Alta Floresta Auriferous Province. This region shows occurrence of gold deposits of both epithermal gold and porphyry types, as well as deposits with widespread gold mineralization in stockworks sheeted veins and sulfide granites.
Jupiter Gold’s next phase of work in its Alta Floresta Gold Project will include detailed geochemical sampling via auger drilling and/or trenching in several high prospect targets, as well as further geophysical studies given that the project area is extensive.
https://finance.yahoo.com/news/jupiter-gold-advances-another-gold-100000634.html
JUPITER GOLD ADVANCES ANOTHER GOLD PROJECT: ALTA FLORESTA IN CENTER-WEST BRAZIL
BELO HORIZONTE, BRAZIL -- (August 18, 2020) - Jupiter Gold Corporation (OTCQB: JUPGF, “Jupiter Gold” or the “Company”) is pleased to announce that it has concluded an initial phase of geological studies of its Alta Floresta Gold Project located in the state of Mato Grosso in center-west Brazil. This project is 100% owned by Jupiter Gold and encompasses 3 mineral rights for gold with total surface area of approximately 24,395 acres. Two of the areas shows intense tracks with prior artisanal and superficial gold mining activities associated with robust production of gold. They also displayed similarities of their geophysical signatures with known nearby gold deposits. The third area shows strong potential for gold, copper and manganese according to the technical team that visited and studied the area; Anglo American has recently announced a large copper project nearby.
Areli Nogueira, a senior geologist with the Company, commented: “Our Alta Floresta Gold Project is showing indications of being a potentially promising location for gold. One of our areas is next to a producing gold mine and with the studies just completed, we have now identified several high potential targets in our areas.”
The aforementioned mineral rights are geologically located in the mining district known as “Província Aurifera Alta Floresta” or Alta Floresta Auriferous Province. This region shows occurrence of gold deposits of both epithermal gold and porphyry types, as well as deposits with widespread gold mineralization in stockworks sheeted veins and sulfide granites.
Jupiter Gold’s next phase of work in its Alta Floresta Gold Project will include detailed geochemical sampling via auger drilling and/or trenching in several high prospect targets, as well as further geophysical studies given that the project area is extensive.
https://finance.yahoo.com/news/jupiter-gold-advances-another-gold-100000634.html
Both of the transactions traded at the bid, so more like someone decided to get out. On the bright side - there WAS a bid haha.
JUPGF
Precisely. Nobody knows that it exists. Even though every PR has a reference to their Twitter account, last tweet on that account is from 8 months ago... Their official website is not reflecting the most recent PR and shows outdated share structure.... Jupiter could certainly use a dedicated PR person to keep things up-to-date and perhaps an investor awareness campaign, but I am sure they have larger issues to currently focus on, and that's ok.
The most important thing is that the company is alive and well, as evidenced by recent uplisting to OTCQB.
BMIX potentially could, depending on how the remainder of the convertible debt clears. For Jupiter, on the other hand, there are zero reasons to R/S at the OS of 5.5M and $1 PPS.
Very low interest and volume here - tiny trades cause 50% swings... The company needs to engage a professional PR person to start spreading the word around to generate some volume. Last tweet from Jupiter's Twitter account was 7 months ago! Last PR is still missing on the website.
All of Jupiter’s properties and reserves will mean nothing if nobody knows about them.
JUPGF
NEWS: Jupiter Gold Corp. (JUPGF) Moves up to OTCQB
https://finance.yahoo.com/news/jupiter-gold-corp-jupgf-moves-093000364.html
NEWS: Jupiter Gold Corp. (JUPGF) Moves up to OTCQB
https://finance.yahoo.com/news/jupiter-gold-corp-jupgf-moves-093000364.html
This means they are going to uplist to OTCQB in near future which is more respected than Pink Sheets and will be easier to attract serious investors.
JUPGF
No need to guess - see my sticky post about JUPGF going to OTCQB for the exact number ;)
BMIX
It will never be the kind of runner that BMIX has the potential to be, but $2-$5 is very possible here within a year with good developments.
Jupiter Gold Corporation submitted OTCQB certification yesterday!
https://www.otcmarkets.com/stock/JUPGF/overview
https://backend.otcmarkets.com/otcapi/company/financial-report/253290/content
Full share structure disclosure below - tiny float of only 693,157 shares!
List of directors and largest shareholders below. Marc holds a respectable 16.6% ownership stake, BMIX owns another 7.7% and it looks like there is a new institutional investor, HSP Resources LLC, holding a large 16.23% stake in the company.
DD on Brian Potiker -- managing member of JUPGF's new institutional investor:
http://firstphysicianscapitalgroup.com/about_us_board_directors.html
Mr. Potiker has served on the Company’s advisory board since May 2007 and is manager of SMP Investments I, LLC, the Company’s largest shareholder. He is the Chief Investment Officer and a Manager of HSP Group, LLC, a private investment business that he co-founded in 1992 to manage interests in real estate, energy, private equity, and other alternative investments. Mr. Potiker is also Vice Chairman and a co-founder of ARF Financial, LLC, a leading provider of short-term working capital loans to merchants and retailers nationwide, and serves on a number of other management boards, including Entertainment Publication Holdings LLC.
Convertible debt disclosure for JUPGF - NONE!
I believe things will begin moving a lot faster for Jupiter from here on!
JUPGF