... it's a big blue watery road ...
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$BMIX ALL-IN-ONE DD **START HERE** 7/27/19
*** NEW in this update: 1) Updated the share structure to reflect the CEO's increased stake - he now owns nearly 30% of all COMMON shares of BMIX. 2) Re-calculated the estimated float to arrive a laughably small number of 284,155,054 for a penny stock trading in double zeroes. 3) Added the news release about the company's newest Lithium project.
TABLE OF CONTENTS
1) The Company
2) The Projects
3) The People
4) Frequently Asked Questions
1) The Company
Brazil Minerals, Inc. with its subsidiaries has two components to its business model: (1) growing a portfolio of mineral rights in a wide spectrum of strategic and sought-after minerals, from which equity holdings and/or royalty interests will develop, and (2) mining certain specific areas for gold, diamonds, and sand.
The company's progress as an exploration project generator has been steady. In early 2013 Brazil Minerals owned mineral rights for gold and diamonds. Since then the company has grown several-fold its bank of high-quality mineral properties to currently include mineral rights for gold, diamonds, cobalt, copper, lithium, manganese, nickel, precious gems (aquamarine, beryl, tourmaline) and sand.
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:
O/S: 914,784,917 as of 7/26/19
https://www.otcmarkets.com/filing/html?id=13554592&guid=FYGIUFYs560sH3h
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
Estimated float (Total outstanding count minus all affiliate shares accounted for in the official filings): 914,784,917 - 365,201,226 - 65,428,637 - 200,000,000 = 284,155,054
A/S: 1.2B as of 7/26/2019
Brazil Minerals Website: http://www.brazil-minerals.com/
Jupiter Gold Website: http://www.jupitergoldcorp.com/ (BMIX owns 47% of Jupiter Gold)
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! AURIFEROUS & DIAMONDIFEROUS GRAVEL PROCESSING TO BEGIN AFTER 6-8 WEEKS OF INITIAL EXCAVATION!
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.
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:
Some relentless ask slapping going on here. We are sitting on a powder keg, just waiting for that one PR to seal the deal...
BMIX
JUPGF is in a much better position - only 250,000 shares in the public float. Why play this one? I'm rooting for both too, but the clear choice to me is Jupiter Gold.
Why would a hedge fund buy this stock unless they had a pretty good feel for the production numbers?
The start of gold and diamond production can be announced literally any day now.
BMIX
Hitting the ask is the way to go here, hardly any shares being sold at the bid anyway ;)
BMIX
Excellent article, bala! As the gold prices surge, larger producers will be looking for places to invest capitals - for smaller enterprises with a lot of virgin and high-potential claims. I believe BMIX may become a prime buyout target for some of the big boys in the future.
BMIX
Damn, I was actually hoping to snag more $0.90's over the next week - but it looks like it may not even happen now.
Welcome aboard! I love all the new interest here on Jupiter board. And all it took is an institutional investment fund entering first ;)
BMIX
Welcome! The most notable thing about Jupiter is NO CONVERTIBLE DEBT EVER - it is written out in their bylaws.
Finally seeing some volume in Jupiter!
The word is getting out ;)
BMIX
You can buy at $0.90. In fact, I am slowly accumulating JUPGF myself ;)
Over 50% up on mere 20M volume - there is NO DILUTION here!
BMIX
Yeap, selling here before the big news is the apex of short-sightedness.
BMIX
2.4M block at 70 being eaten up like its nothing. BMIX has some serious money pouring into it!
Agreed on BMIX! All-in-one DD post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150169873
Agreed on BMIX! All-in-one DD post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150169873
Agreed on BMIX! All-in-one DD post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150169873
Agreed on BMIX! All-in-one DD post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150169873
Management: CEO - Dr. Marc Fogassa
https://www.linkedin.com/in/marcfogassa
DD on Dr. Fogassa by iHub veteran stervc:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112766681
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:
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:
I. PINDAÍBA PROJECT - FINAL MINING APPROVAL ANNOUNCED ON 06/04/2019! AURIFEROUS & DIAMONDIFEROUS GRAVEL PROCESSING TO BEGIN AFTER 6-8 WEEKS OF INITIAL EXCAVATION!
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.
Share Structure:
O/S: 914,784,917 as of 7/26/19
https://www.otcmarkets.com/filing/html?id=13554592&guid=FYGIUFYs560sH3h
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
Estimated float (Total outstanding count minus all affiliate shares accounted for in the official filings): 914,784,917 - 365,201,226 - 65,428,637 - 200,000,000 = 284,155,054
A/S: 1.2B as of 7/26/2019
It looks like I updated by DD complication just in time for the next leg ;)
BMIX
$BMIX ALL-IN-ONE DD **START HERE** 7/27/19
*** NEW in this update: 1) Updated the share structure to reflect the CEO's increased stake - he now owns nearly 30% of all COMMON shares of BMIX. 2) Re-calculated the estimated float to arrive a laughably small number of 284,155,054 for a penny stock trading in double zeroes. 3) Added the news release about the company's newest Lithium project.
TABLE OF CONTENTS
1) The Company
2) The Projects
3) The People
4) Frequently Asked Questions
1) The Company
Brazil Minerals, Inc. with its subsidiaries has two components to its business model: (1) growing a portfolio of mineral rights in a wide spectrum of strategic and sought-after minerals, from which equity holdings and/or royalty interests will develop, and (2) mining certain specific areas for gold, diamonds, and sand.
The company's progress as an exploration project generator has been steady. In early 2013 Brazil Minerals owned mineral rights for gold and diamonds. Since then the company has grown several-fold its bank of high-quality mineral properties to currently include mineral rights for gold, diamonds, cobalt, copper, lithium, manganese, nickel, precious gems (aquamarine, beryl, tourmaline) and sand.
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:
O/S: 914,784,917 as of 7/26/19
https://www.otcmarkets.com/filing/html?id=13554592&guid=FYGIUFYs560sH3h
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
Estimated float (Total outstanding count minus all affiliate shares accounted for in the official filings): 914,784,917 - 365,201,226 - 65,428,637 - 200,000,000 = 284,155,054
A/S: 1.2B as of 7/26/2019
Brazil Minerals Website: http://www.brazil-minerals.com/
Jupiter Gold Website: http://www.jupitergoldcorp.com/ (BMIX owns 47% of Jupiter Gold)
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! AURIFEROUS & DIAMONDIFEROUS GRAVEL PROCESSING TO BEGIN AFTER 6-8 WEEKS OF INITIAL EXCAVATION!
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.
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:
I will not be surprised if the next "institutional investor" news are about BMIX given all this buying pressure!
BMIX
45% UP AND THE MAIN NEWS WE ARE WAITING FOR ARE NOT EVEN OUT YET!
BMIX
Jupiter Gold Corporation Welcomes New Institutional Investor
BELO HORIZONTE, Brazil, July 29, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Jupiter Gold Corporation (OTC: JUPGF) (“Jupiter Gold” or the “Company”) today reported that it has received an initial equity investment from U.S. institutional investor Warberg Asset Management LLC.
Marc Fogassa, CEO of the Company commented, “We’re excited about value creation in the next several months, and honored to have Warberg as shareholder.”
Jupiter Gold has never issued any debt, relying only on equity capital. Jupiter Gold is a gold royalty company and it also fully owns several exploratory-stage projects in gold, palladium, and platinum. Its first royalty project is the Pindaíba Project in Minas Gerais, for which it receives 50% of the gold revenues. Additionally, Jupiter Gold owns 100% of several other gold projects, one of which also has potential for palladium and platinum. In aggregate, the Company’s owned mineral rights total over 100,000 acres.
Jupiter Gold’s annual financial statements are audited by a U.S. auditor. The Company files required periodic reports with the Securities and Exchange Commission. Its common stock trades in the U.S. over-the-counter market under the ticker symbol JUPGF and its shares may be transacted through various brokers-dealers such as TD Ameritrade, Inc., Glendale Securities, Inc. and Charles Schwab Corp.
Brazil Minerals, Inc. (OTC: BMIX) currently holds a 47% ownership stake in Jupiter Gold.
About Us
Jupiter Gold Corporation (OTC: JUPGF) is a gold royalty company and it also fully owns several exploratory-stage projects in gold, palladium, and platinum. More information on Jupiter Gold can be found at www.jupitergoldcorp.com and it can be followed on Twitter @JupiterGoldCorp.
https://www.globenewswire.com/news-release/2019/07/29/1892733/0/en/Jupiter-Gold-Corporation-Welcomes-New-Institutional-Investor.html
Excellent news today! BMIX keeps surprising its critics day in and day out! There is more to come ;)
BMIX
Huge news today! Institutional investors are starting to notice Jupiter and BMIX!
JUPITER GOLD CORPORATION WELCOMES NEW INSTITUTIONAL INVESTOR
BELO HORIZONTE, Brazil, July 29, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Jupiter Gold Corporation (OTC: JUPGF) (“Jupiter Gold” or the “Company”) today reported that it has received an initial equity investment from U.S. institutional investor Warberg Asset Management LLC.
Marc Fogassa, CEO of the Company commented, “We’re excited about value creation in the next several months, and honored to have Warberg as shareholder.”
Jupiter Gold has never issued any debt, relying only on equity capital. Jupiter Gold is a gold royalty company and it also fully owns several exploratory-stage projects in gold, palladium, and platinum. Its first royalty project is the Pindaíba Project in Minas Gerais, for which it receives 50% of the gold revenues. Additionally, Jupiter Gold owns 100% of several other gold projects, one of which also has potential for palladium and platinum. In aggregate, the Company’s owned mineral rights total over 100,000 acres.
Jupiter Gold’s annual financial statements are audited by a U.S. auditor. The Company files required periodic reports with the Securities and Exchange Commission. Its common stock trades in the U.S. over-the-counter market under the ticker symbol JUPGF and its shares may be transacted through various brokers-dealers such as TD Ameritrade, Inc., Glendale Securities, Inc. and Charles Schwab Corp.
Brazil Minerals, Inc. (OTC: BMIX) currently holds a 47% ownership stake in Jupiter Gold.
About Us
Jupiter Gold Corporation (OTC: JUPGF) is a gold royalty company and it also fully owns several exploratory-stage projects in gold, palladium, and platinum. More information on Jupiter Gold can be found at www.jupitergoldcorp.com and it can be followed on Twitter @JupiterGoldCorp.
https://www.globenewswire.com/news-release/2019/07/29/1892733/0/en/Jupiter-Gold-Corporation-Welcomes-New-Institutional-Investor.html
Agreed on BMIX. All-in-one DD below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150169873
BMIX
Agreed on BMIX. All-in-one DD below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150169873
BMIX
True, but I suppose his point was that even if they do, the impact would be extremely negligible. To the point of us being able to say that there is virtually a guarantee of no significant dilution over the next 2 weeks...
BMIX