... it's a big blue watery road ...
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Nice to see you again, Pete! Big things are finally happening to BMIX!
10x average daily volume today! Wow!
BMIX
For every 2M dump there was 4M ask slap today - thus is the 78% green close. Supply vs demand, my friend.
BMIX
Everyone here is welcome to form their own opinion based on the best available data. Your opinion noted ;)
BMIX
First leg was just a trial ;) We have PRODUCTION now ;)
BMIX
Wow! What just happened?
Thanks! We need more eyes on BMIX DD for sure!
Easily. Welcome to the board! Start with the DD compilation below - it was updated today:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152203171
I encourage everyone to educate themselves on the comprehensive DD available below and make up their own mind on whether BMIX is a scam:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152203171
BMIX
Touched 30's.
BMIX
4x the 10-day average in first 3 hours... pitiful, indeed ;)
BMIX
$BMIX ALL-IN-ONE DD **START HERE** 11/11/19
*** NEW in this update: 1) The photo of the FIRST DIAMONDS mined at the Pandaiba site added to "The Projects" section! 2) Updated the float from the OTC website to reflect the most current count of 725,031,299 shares. 3) Added references to the company's expansion into Rare Earth minerals. 4) Referenced the news release about Jupiter's NEW INSTITUTIONAL INVESTOR.
TABLE OF CONTENTS
1) The Company
2) The Projects
3) The People
4) Frequently Asked Questions
1) The Company
Brazil Minerals, Inc. (BMIX) has a business model focused on: 1) mining specific areas for diamonds and gold, and 2) advancing projects from its portfolio of high-quality mineral rights for transactions leading to royalties and/or equity positions, such as its stake in Jupiter Gold Corporation (JUPGF). Brazil Minerals, Inc. has projects in lithium (17,000+ acres), rare earths (12,000+ acres), titanium, nickel, iron, and placer diamonds and gold.
BMIX's first equity holdings from their exploration project generation strategy is Jupiter Gold Corporation. Jupiter Gold has been a public company since December 16, 2016.
Share Structure:
Float: 725,031,299 as of 10/01/19
O/S: 1,091,637,662 as of 11/01/19
A/S: 1.2B as of 11/01/2019
https://www.otcmarkets.com/stock/BMIX/security
Shares held by the CEO Marc Fogassa (He is actively converting his deferred salary into COMMON shares of BMIX): 365,201,226 as of 7/26/19
Shares held by other company affiliates: 265,428,637 as of 7/26/19
Brazil Minerals Website: http://www.brazil-minerals.com/
Jupiter Gold Website: http://www.jupitergoldcorp.com/ - (BMIX owns 47% of Jupiter Gold) - Jupiter's New Institutional Investor PR
Twitter: https://twitter.com/bmixstock
YouTube Channel: https://www.youtube.com/channel/UChcTI9t1v-E-9MJ7mMtH_tA
Facebook: https://www.facebook.com/brazilmineralsbmix
LinkedIn: https://www.linkedin.com/company/brazil-minerals-inc-
2) The Projects
I. PINDAÍBA PROJECT - FINAL MINING APPROVAL ANNOUNCED ON 06/04/2019! THE PHOTO OF THE FIRST MINED DIAMONDS REVEALED ON 11/11/2019!
Minerals: Gold (50% of revenues belong to Brazil Minerals and 50% to Jupiter Gold) & Diamonds (100% of revenues belong to Brazil Minerals)
Location: Olhos-d'Água, state of Minas Gerais
Area: 1,310 acres
Highlights:
• Extensive drilling campaign conducted by Brazil Minerals and concluded in Q3 2018.
• 35/35 of drill holes were visually positive for gold.
• 57% of drill holes had high-probability diamond recovery; a “diamond-rich” zone was identified in the area.
• Results support open-sky mining.
• The target area studied in this drilling campaign is an alluvial plain along the Jequitinhonha River Valley, an area known for placer mining for gold and gem-quality diamonds for over two hundred years.
• Pindaíba is a storied mineral rights area which at one point had thousands of settlers along its river margin prospecting for diamond. Old settler activity is usually a strong indication of robust mineralization.
• Old settler activity does not diminish the recoverable gold and diamonds from Brazil Minerals’ Project, as settlers prospected at the river margin with rudimentary tools and, by law, regulated mining must be done at least 100 meters from the margins of this river.
• A royalty agreement with Jupiter Gold by which Brazil Minerals will use Jupiter Gold’s recovery plant for processing entails that Brazil Minerals will keep 50% of the revenues from gold and 100% of the revenue from diamond with respect to the Pindaíba Project.
In September 2018, Brazil Minerals announced the conclusion of an extensive drilling campaign of a portion of the mineral right of the Pindaíba Project. It was reported that Brazil Minerals drilled 35 holes spaced 30 to 50 meters utilizing a Banka 4-inch drill. All 35 holes were positive for fine gold as observed by our drilling team, and samples were collected for quantitative geochemical analysis. The average depth for the auriferous gravel layer was 8 meters and with a thickness between 1.5 to 9.3 meters.
Brazil Minerals also announced that this extensive drilling campaign yielded alluvial material with a high likelihood for diamonds in over 57% of the drill holes executed. Further analysis of the campaign’s results and inspection of collected samples indicated the existence of a diamond-rich zone within the drilled area. Satellite markers for diamonds, such as limonite, rutilite and tourmalinite, among others, were observed in all samples recovered within this diamond-rich zone.
On 11/11/2019, the company revealed the first diamonds mined at this site:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152202237
II. JEQUITINHONHA PROJECT
Minerals: Gold, Diamonds, Sand (for construction)
Location: Olhos-d'Água and Diamantina, state of Minas Gerais
Area: 26,645 acres
Highlights:
• Brazil Minerals owns 9 mining concessions and 10 pre-mining concessions. A mining concession if the highest level of mineral right title in Brazil. It permits mining in perpetuity as long as environmental licensing is kept current and mining guidelines are followed.
• This collection of mineral rights covers more than 60 miles of mineral rights alongside the banks of the Jequitinhonha River, a well-known area for gold and diamonds for over 200 years.
• Gold and diamonds appear together in alluvial material; mining is open-sky, year-round.
Brazil Minerals, through subsidiaries, has 31 mineral rights for diamond, gold, and sand, on and near the margins of the Jequitinhonha River in the state of Minas Gerais in Brazil. The Jequitinhonha River valley is a well-known area for diamond and gold production; it has hosted alluvial production since the 18th century.
One of our mineral rights, covering 422 acres, is called “Duas Barras”, a mining concession for diamond, gold and sand. Our concession, awarded by the Brazilian federal government through the Brazilian mining department, is the highest level of mineral right in Brazil. It permits us to mine in perpetuity provided that environmental licenses are kept current and that mining guidelines are followed.
Mineralization
Vaaldiam, the previous owner of this mining concession, and at that time a publicly-traded Canadian company, performed detailed geological studies leading to the publication of an NI 43-101 technical report in 2007, with an update in 2008, as required by the rules of the Canadian securities administrator and filed in SEDAR. The NI 43-101 report describes the existence of mineralized materials amounting to 1,639,200 cubic meters with the following concentrations: 0.16 carats of diamonds per cubic meter and 182 milligrams of gold per cubic meter. Vaaldiam also submitted a bankable feasibility study to the Brazilian mining department in accordance with local regulations.
The link to the resultant NI 43-101 is below. Keep in mind that the official study was done for only 7% of the Duas Barras total concession area. There is still a 93% chunk of the property that has not been officially assayed.
https://xmbl.files.wordpress.com/2014/07/duas-barras-ni-43-101.pdf
What the heck is NI 43-101? Read below:
https://en.wikipedia.org/wiki/National_Instrument_43-101
Excerpt from the BMIX NI 43-101:
To fully appreciate the magnitude of the BMIX potential in just of their projects - Duas Barras - it is useful to look at the performance of the previous owner:
"Vaaldiam launched production at Duas Barras in September 2007 and produced 33,385 carats of diamonds valued at an average $165 per carat in the first 11 months of operation. Gross sales revenues from the mine to date, including 1,036 ounces of gold recovered for the period September 2007 through July 2008 reached $6.5 million."
http://www.diamonds.net/news/NewsItem.aspx?ArticleID=23120
Moreover, during February 2008 a 15.68 carat diamond was recovered at the Duas Barras mine which is the largest diamond recovered to date at this mine. This diamond was sold in the second quarter for US$78,400 or US$5,000 per carat.
http://globaldocuments.morningstar.com/documentlibrary/document/29cf493380fe9217.msdoc/original
Recovery Plants
We have two working recovery plants for diamonds and gold. Our subsidiary, Jupiter Gold owns a modular recovery plant which utilizes a large centrifuge for recovery, currently deployed in this concession area. During 2017, this plant was completed, tested and made operational. The plant uses centrifugation as the primary method of gold separation. Material identified as potentially containing diamonds is retrieved and further processed in specific high-precision equipment for detection of diamonds, located in our large plant, as described below.
See the modular gold & diamond recovery plant in action here:
#4 on breakout boards - getting noticed!
BMIX
28x29... We are just warming up...
BMIX
3's are inevitable today, imo!
BMIX
BMIX is as real as pennies get. Read the entire DD compilation below (updated today):
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152203171
Those are from the "small" particle batch too ;)
BMIX
We have been sliding down for too long, so folks are just being cautious. But the greed will ultimately push people to just on board! Today’s PR, in my mind, solidified the long-term potential of BMIX!
6M volume in only 10 minutes. Average daily volume is 5M!
Very nice buying action!
BMIX
26 x 27 here we go!
We have a real shot at #1 here. Let’s spread the word about today’s PR on other boards!
BMIX
One has to know what the own. The DD available for BMIX is second to none.
BMIX
#8 breakout boards and #40 most read. Let's keep this going!
BMIX
$BMIX finally dug up real diamonds - TODAY'S PR PIC BELOW:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152202237
$BMIX finally dug up real diamonds - TODAY'S PR PIC BELOW:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152202237
$BMIX finally dug up real diamonds - TODAY'S PR PIC BELOW:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152202237
$BMIX finally dug up real diamonds - TODAY'S PR PIC BELOW:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152202237
I would imagine they would not want to use all of the good news at one - I would love to see weekly PRs like the one today. This would propel BMIX to over a penny very quickly.
There was a lot of consolidation ongoing for months in mid double zeroes - this should fly easily from here to high double zeroes now that BMIX is in ONGOING PRODUCTION!
BMIX
$BMIX ALL-IN-ONE DD **START HERE** 11/11/19
*** NEW in this update: 1) The photo of the FIRST DIAMONDS mined at the Pandaiba site added to "The Projects" section! 2) Updated the float from the OTC website to reflect the most current count of 725,031,299 shares. 3) Added references to the company's expansion into Rare Earth minerals. 4) Referenced the news release about Jupiter's NEW INSTITUTIONAL INVESTOR.
TABLE OF CONTENTS
1) The Company
2) The Projects
3) The People
4) Frequently Asked Questions
1) The Company
Brazil Minerals, Inc. (BMIX) has a business model focused on: 1) mining specific areas for diamonds and gold, and 2) advancing projects from its portfolio of high-quality mineral rights for transactions leading to royalties and/or equity positions, such as its stake in Jupiter Gold Corporation (JUPGF). Brazil Minerals, Inc. has projects in lithium (17,000+ acres), rare earths (12,000+ acres), titanium, nickel, iron, and placer diamonds and gold.
BMIX's first equity holdings from their exploration project generation strategy is Jupiter Gold Corporation. Jupiter Gold has been a public company since December 16, 2016.
Share Structure:
Float: 725,031,299 as of 10/01/19
O/S: 1,091,637,662 as of 11/01/19
A/S: 1.2B as of 11/01/2019
https://www.otcmarkets.com/stock/BMIX/security
Shares held by the CEO Marc Fogassa (He is actively converting his deferred salary into COMMON shares of BMIX): 365,201,226 as of 7/26/19
Shares held by other company affiliates: 265,428,637 as of 7/26/19
Brazil Minerals Website: http://www.brazil-minerals.com/
Jupiter Gold Website: http://www.jupitergoldcorp.com/ - (BMIX owns 47% of Jupiter Gold) - Jupiter's New Institutional Investor PR
Twitter: https://twitter.com/bmixstock
YouTube Channel: https://www.youtube.com/channel/UChcTI9t1v-E-9MJ7mMtH_tA
Facebook: https://www.facebook.com/brazilmineralsbmix
LinkedIn: https://www.linkedin.com/company/brazil-minerals-inc-
2) The Projects
I. PINDAÍBA PROJECT - FINAL MINING APPROVAL ANNOUNCED ON 06/04/2019! THE PHOTO OF THE FIRST MINED DIAMONDS REVEALED ON 11/11/2019!
Minerals: Gold (50% of revenues belong to Brazil Minerals and 50% to Jupiter Gold) & Diamonds (100% of revenues belong to Brazil Minerals)
Location: Olhos-d'Água, state of Minas Gerais
Area: 1,310 acres
Highlights:
• Extensive drilling campaign conducted by Brazil Minerals and concluded in Q3 2018.
• 35/35 of drill holes were visually positive for gold.
• 57% of drill holes had high-probability diamond recovery; a “diamond-rich” zone was identified in the area.
• Results support open-sky mining.
• The target area studied in this drilling campaign is an alluvial plain along the Jequitinhonha River Valley, an area known for placer mining for gold and gem-quality diamonds for over two hundred years.
• Pindaíba is a storied mineral rights area which at one point had thousands of settlers along its river margin prospecting for diamond. Old settler activity is usually a strong indication of robust mineralization.
• Old settler activity does not diminish the recoverable gold and diamonds from Brazil Minerals’ Project, as settlers prospected at the river margin with rudimentary tools and, by law, regulated mining must be done at least 100 meters from the margins of this river.
• A royalty agreement with Jupiter Gold by which Brazil Minerals will use Jupiter Gold’s recovery plant for processing entails that Brazil Minerals will keep 50% of the revenues from gold and 100% of the revenue from diamond with respect to the Pindaíba Project.
In September 2018, Brazil Minerals announced the conclusion of an extensive drilling campaign of a portion of the mineral right of the Pindaíba Project. It was reported that Brazil Minerals drilled 35 holes spaced 30 to 50 meters utilizing a Banka 4-inch drill. All 35 holes were positive for fine gold as observed by our drilling team, and samples were collected for quantitative geochemical analysis. The average depth for the auriferous gravel layer was 8 meters and with a thickness between 1.5 to 9.3 meters.
Brazil Minerals also announced that this extensive drilling campaign yielded alluvial material with a high likelihood for diamonds in over 57% of the drill holes executed. Further analysis of the campaign’s results and inspection of collected samples indicated the existence of a diamond-rich zone within the drilled area. Satellite markers for diamonds, such as limonite, rutilite and tourmalinite, among others, were observed in all samples recovered within this diamond-rich zone.
On 11/11/2019, the company revealed the first diamonds mined at this site:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152202237
II. JEQUITINHONHA PROJECT
Minerals: Gold, Diamonds, Sand (for construction)
Location: Olhos-d'Água and Diamantina, state of Minas Gerais
Area: 26,645 acres
Highlights:
• Brazil Minerals owns 9 mining concessions and 10 pre-mining concessions. A mining concession if the highest level of mineral right title in Brazil. It permits mining in perpetuity as long as environmental licensing is kept current and mining guidelines are followed.
• This collection of mineral rights covers more than 60 miles of mineral rights alongside the banks of the Jequitinhonha River, a well-known area for gold and diamonds for over 200 years.
• Gold and diamonds appear together in alluvial material; mining is open-sky, year-round.
Brazil Minerals, through subsidiaries, has 31 mineral rights for diamond, gold, and sand, on and near the margins of the Jequitinhonha River in the state of Minas Gerais in Brazil. The Jequitinhonha River valley is a well-known area for diamond and gold production; it has hosted alluvial production since the 18th century.
One of our mineral rights, covering 422 acres, is called “Duas Barras”, a mining concession for diamond, gold and sand. Our concession, awarded by the Brazilian federal government through the Brazilian mining department, is the highest level of mineral right in Brazil. It permits us to mine in perpetuity provided that environmental licenses are kept current and that mining guidelines are followed.
Mineralization
Vaaldiam, the previous owner of this mining concession, and at that time a publicly-traded Canadian company, performed detailed geological studies leading to the publication of an NI 43-101 technical report in 2007, with an update in 2008, as required by the rules of the Canadian securities administrator and filed in SEDAR. The NI 43-101 report describes the existence of mineralized materials amounting to 1,639,200 cubic meters with the following concentrations: 0.16 carats of diamonds per cubic meter and 182 milligrams of gold per cubic meter. Vaaldiam also submitted a bankable feasibility study to the Brazilian mining department in accordance with local regulations.
The link to the resultant NI 43-101 is below. Keep in mind that the official study was done for only 7% of the Duas Barras total concession area. There is still a 93% chunk of the property that has not been officially assayed.
https://xmbl.files.wordpress.com/2014/07/duas-barras-ni-43-101.pdf
What the heck is NI 43-101? Read below:
https://en.wikipedia.org/wiki/National_Instrument_43-101
Excerpt from the BMIX NI 43-101:
To fully appreciate the magnitude of the BMIX potential in just of their projects - Duas Barras - it is useful to look at the performance of the previous owner:
"Vaaldiam launched production at Duas Barras in September 2007 and produced 33,385 carats of diamonds valued at an average $165 per carat in the first 11 months of operation. Gross sales revenues from the mine to date, including 1,036 ounces of gold recovered for the period September 2007 through July 2008 reached $6.5 million."
http://www.diamonds.net/news/NewsItem.aspx?ArticleID=23120
Moreover, during February 2008 a 15.68 carat diamond was recovered at the Duas Barras mine which is the largest diamond recovered to date at this mine. This diamond was sold in the second quarter for US$78,400 or US$5,000 per carat.
http://globaldocuments.morningstar.com/documentlibrary/document/29cf493380fe9217.msdoc/original
Recovery Plants
We have two working recovery plants for diamonds and gold. Our subsidiary, Jupiter Gold owns a modular recovery plant which utilizes a large centrifuge for recovery, currently deployed in this concession area. During 2017, this plant was completed, tested and made operational. The plant uses centrifugation as the primary method of gold separation. Material identified as potentially containing diamonds is retrieved and further processed in specific high-precision equipment for detection of diamonds, located in our large plant, as described below.
See the modular gold & diamond recovery plant in action here:
We'll just have to wait and see, don't we ;)
BMIX
I am sure he is saving the gold for the separate PR ;) Let's not use all of the ammunition at once here ;)
BMIX
Jupiter's Paracatu Mining License Picture - courtesy of TRAPPER JIM on BMIX Board!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151516929
I anticipate gap up for sure. Those are real, tangible diamonds that are pictured! We are not "exploring" anymore, we are not "drilling" anymore, we are not "waiting for permits", we are not "getting ready to mine" - WE ARE MINING! BMIX crew is physically pulling diamonds out of the ground now! If you don't already have a position here, today will be the last call for cheap shares!
BMIX
We are already #28 on the breakout board, and after PR like this, we are bound for the top 10 today!
BMIX