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Could be the last hour to get cheap shares before next Tuesday. imho. Something gotta give by the BMXI conference. Got my shares locked and loaded: 460k + shares.. By the end of the Second quarter is the Audit release time frame according to a prior press release. There's something to followup on!!!
Don't you read the BMXI press releases and the financial statements? I thought you did. My bad. You need to brush up on reading BMXI info. imho! You are behind the eight ball here on BMXI information and etc...
I got that info from a previous press release. You can look it up too!
Monday is a holiday in the US. Memorial Day. Waiting patiently for insiders to jump on board. Could be later today or Tuesday, before the BMXI conference call. Either the Audit is done or will be done by June 31st. If it is the end of June, I will buy more BMXI. Personally I believe the Audit will be done in June. No reason to think Leonite will sit idly by, while stock appreciation could be quite magnified after the Audit is filed. imho!!
What's up with this clue? Due Diligence Virtuoso
@stock_hacker
$BMXI Word is that Drone did a fly by when you were signing off on the audit! No need for suspense, just file the Form 10 Nils.
Does this mean the mining agreement will be signed more or less in June of this year?
Press Release | 02/09/2023
https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Gold-Corp-Brookmount-Explorations-Inc-Enters-Into-a-Binding-Agreement-to-Acquire-a-Producing-Gold-Mine-in-Bra?id=389382
$4.5 million in cash to be paid on signing of a definitive Acquisition Agreement, which will take place within 60 days from signing of the binding MoU or such other date as agreed between the Parties.
https://s3.amazonaws.com/content.otcmarkets.com/media/1882297210/ObucNlUzANZfYBt/doc.pdf
Press Release | 02/09/2023
An initial cash investment in The Tocantins Gold Mine of US$4.50 million to be completed by Brookmount within 180 days to support the ongoing development of the Tocantins Gold Mine.
Is this reported post or pre sells or buys? Does the public see this right away or after the fact?
Your confidence is high on this as I can see on BMXI, but you do not stand behind this confidence with your real name. I say the odds are high that insiders sell into the first four to six months as well as waiting for four to six months. I will be selling into any heavy movement in price appreciation. I stand to gain on a sure thing and not a projection on where BMXI will be in four to six months. I can always buy in, once the stock sinks again, before any more significant BMXI news may show up down the road into the future. A sure gain is better than a hypothetical future gain. Buy low sell high.
Good luck to you!!!
We that do not use our real names on the BMXI board are just ghost (anonymous) writers.
So, you are saying my 460k+ shares will make me 7 million dollars? That right there is a stretch. Heck, if I had my druthers, I would aim for 20 to 100 dollars a share. More palatable for my banks to swallow.
Not insulting you, but these numbers are fantastical imho. I patiently wait for the audit to be filed. I am looking north of 75 cents a share to sell into.
Ihub is updating. Have you seen this? Delete if needed
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171899661
Got til the end of June as was stated in a previous press release for the audit filing. Until then, BMXI s/p should be a gift. Que up the insiders to load up over the next two to six weeks. imho
More press releases could show up, before the audit is finally released as well.
Definitely a loading zone. imho!
If some weak hands sell off on the cc postponement, I'm going to buy some BMXI shares at 8 or 9 cents/share. Opportunity knocks and I ready to buy more. Think I will top off at 500k shares.
Personally I am glad you are using aa reptabel site like Yahoo for BMXI information. I hope you can answer the "if no one uses Yahoo why did the company send them the PR" question to your satisfaction. I also hope you are using multiple portholes to gather BMXI information and not just Yahoo to triangulate and collate financial information to make the most informed decision, about investing in any stock and not just BMXI. In conclusion using aa reptabel site like Yahoo for BMXI information for your personal financial source is better than not using any source; however, I personally believe gleaning multiple portholes are better. Don't you think so too?
Did you verify those numbers on Yahoo? Their (Yahoo) o/s for BMXI is 102 million to 105 million shares. Mc = s/p x o/s. Current o/s for BMXI is 58,703,370.
EPS TTM = (Net Income Last Twelve Months – Dividends Paid Last Twelve Months) / Outstanding Shares
How did you find dividends paid out by BMXI?
Using Yahoo's numbers: eps ttm = (n/i (Net Income Last Twelve Months) - dividends paid out last 12 months)/103,000,000 = -.07
n/i would be -7,210,000.
Yahoo finance is not a great place to get info, certainly on pink sheet stocks, in my humble opinion, but hey, everyone has their own sources to get financial information from.
eps ttm = (n/i - dividends paid out last 12 months)/ 58,703,370 = -0.07. Solve for n/i
I got -4,109,235.9 for n/i using current BMXI o/s data. That is providing that BMXI did not pay out dividends for the trailing twelve months.
Negative net income looks suspect to me.
My math could be wrong though. You can verify my numbers.
https://finance.yahoo.com/quote/BMXI?p=BMXI&.tsrc=fin-srch
MM could gradually raise the ask and bid, leaving some unaware, then suddenly the BMXI s/p is off to the races. Just a thought, since mm have kept the stock down so others could load up on shares. imho!!!! Got today, tomorrow, Monday and Tuesday prior to the BMXI CEO conference call on Wednesday morning. We wait!!!
Looks that way from level 2. We wait!
Bid and ask firming up. Is the dam finally about to burst? Still waiting patiently!
That's spot price. Not what I posted. Already have that url. Thanks! Real time data too.
Neither one!!!!
That clock stopped long ago, but it does tell the right time twice a day.
Gold has a very bright future.
I bought at the ask but was filled at the bid. Buy at the ask and fill at the bid mm definitely not wanting the share price to go up.
Account: XXXX-xxxx
Order Number: 1048
Order type: Buy
Security: BMXI
Term: Day
Price type: Limit at $0.107
Execution price: $0.1052
Quantity: 171
I agree with your assessment, but cannot count what warm bodies are doing, with regards to buying or sell BMXI stock other than mms. lol
I can say I did buy today that is all I can say.
Hal
I have almost a half million shares of BMXI. Just a doubling will suit me just fine. Whether a multiple or 1X^X happens...well that would be gravy. I am looking for a double, from what I have paid. I just patiently wait my time as I have done since August of last year. Sell high buy back low. Right now I would personally say price is low. imho!
Just picked up some more cheap shares. 10.52 cents/share
I use this url to follow gold and silver futures. Gold is located here that is of interest to BMXI's share price. I do not own this site nor make money promoting it. Just a great all around url for futures.
https://www.investing.com/commodities/gold
Could be 3x to 9.4X or higher. The information is on the internet.
..and that is not counting a valuation multiple for the precious metal mining industry.
Gold is seeking $2100/oz right now and it is almost summer. That is somewhat unusual, but this economy and it's machinations are basically cooked books. BMXI's value is going up as gold goes up. Over shoot $2100/oz and $2250/oz is next.
Watching for a large increase in volume this week that will tell me the audit is complete and more news will flow towards the conference call next Tuesday the 17th. imho!!
Love it when a plan comes together.
Exciting news from Brookmount Gold! Our CEO Nils Ollquist just signed an extension of the operating agreement for our Talawaan gold mining operation in Indonesia. The signing took place in Manado at the office of the Company’s Notary.. more updates following.. $BMXI… pic.twitter.com/sj6NBwMP4b
— Brookmount Gold (@brookmountgold) May 8, 2023
...and just like that BMXI news begins to flow!
The most current BMXI unrestricted shares are 32,346,442 as of 5/6/2023. Any major buying pressure, would send BMXI to new highs. This would unveil the true value of this gold mining company. A value that would make 14 cents a share a far distance memory. Large money inflows would make mm happy to oblige an increase in s/p. aimho!!!
There are seven trading days left, before the 17th of May BMXI CEO conference call. I think there is a better than chance probability that the Audit will be released prior to the conference call. Discussion of the audit, forward looking events and other goals will be talked about on the conference call. imho
I could be wrong, but I have seen these conference calls given, after p/r events to increase s/p and increase shareholder awareness. More importantly, the up list to a higher exchange should be second highest on the list, of events talked about after the filed audit. imho
Something must have changed on the cash staying put because they are considering expanding and improving operations in Indonesia. Must have an agreement being considered to move money. BMXI, according to their financial statements, is doing quite well and very profitable as they have reported. Making money off of what you call pump and dump is normal for all investors as I see it. Certainly in otcbb penny land. A Company promotes and sells its stocks to increase the company's cash flow and to make themselves attractive for a potential buyout from another company or etc... As a retailer investor, that is how I make money in penny land. Buy low, wait for the promotion, ride the wave up on buying pressure and then sell for a nice profit. Not 100%, but has worked well for me with BMXI. I am looking for another wave to go up to May 17th. Will see what the CEO says and the audit reads, once it is released to the public. imho!!!!
Lunch time is over on the east coast and BMKX 1 pm selling becomes the "soup de jour." So obvious to me.
Got some more cheapies on 5/3 for 0.11695. Best I could do this time around. Now, if people would continue to buy what I consider still cheap shares, the s/p would go up and we can all make some money! imho! It's all about making a market...buying and selling...
Of course the converse is true, if selling over comes the buyers....looks ripe for a move up....imho Just biding my time, til the audit is filed. I am patiently waiting.
I've got 460k...I'm good.
Once the audit is completed, I think volume will start picking up until the audit is filed. Those in the know will start jumping in. Just thinking out loud.
As related to gold and BMXI. Fed raises rate 0.25%. Future raises are uncertain. Fed to speak at 2:30 pm. Looking to a future FED pause. FED ain't got a clue. Rate cut probability later in year going up (as early as September). I think that is good for gold as banking system stinks! imho!!!!