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Yep, could be another 2 million BMXI share draw this month and another round next month. Twelve more months at 2 + million a month BMXI share draws and the O/S will balloon to half or more of the A/S. BMXI could then theoretically do a 10:1 split or a 1:10 split. imho
Worried about BMXI news? Up / down … "I don’t care… I’m a buyer. I’m an accumulator..." as someone has said.
You must be one of those in the know people too. What is your connection to BMXI?
No audit no news...no ticker price go up!!!!
imho
I think the CEO crawled back down his rabbit hole back in August. Been quiet around here the majority of the year. Without the BMXI Audit being filed, the ticker price is going down and you should be soaking shares up like bread in gravy as you have said. Why wait for news?
Ramfan, you be soaking up these cheap shares or maybe you should wait a bit and buy at two cents or wait for a penny or wait for subpenny or maybe you should just wait?
A gold mine making bank like BMXI should be doing would not need a lender in Canada to borrow two million dollars (Canadian dollars?) to advance the Moosehorn property in the Tintina Gold Belt, Yukon!
brookmountgold
@brookmountgold
Exciting developments at our Moosehorn property in the Tintina Gold Belt, Yukon! 🛠️
✅ Drafted $2M production budget for equipment & ground works
✅ 39,040oz of 43-101 compliant resource (12.1g/tonne)
✅ 100,732oz of non-compliant resource (11.4g/tonne)
✅ 2,000oz au estimated surface stockpile ready
Arranging financing from Canadian institution for production startup—stay tuned for more updates!
Who is/are the other Indonesian owners of the two gold mines that are scooping up millions in profits that BMXI is not putting in their bank? What is the AISC of mining gold there? Why is BMXI a gold mine in name only because they are not able to put money in their own bank?
These questions answered would go a long way in being transparent to shareholders worldwide imho.
Well that is just fantastic!!!!! Good for you. May all your investments and BMXI dreams come true!!! imho! I pray that you can buy all the BMXI shares that you can afford. May BMXI go to 0.0001 so you can load up.
imho!!!!
There is no volume because BMXI has little cash in the bank. Why is that? The quarterly report tells you. Where is the revenue money going too?
Anyone can make up a p&l report. Don't make it true. Numbers are easy to fudge. What is the AISC for mining the BMXI gold?
Why would you catch a falling knife? Let the stock fall more. Then you can buy more, if you are so inclined to do. imho
How many more years will it take to produce an audit? Been a few already!
The CEO has not demonstrated a confident and above board leader as the stock price is dropping and the company is not 100% transparent. Who are the beneficial Indonesian owners and what are they doing, with the millions in revenue because BMXI is not reporting those millions of dollars in their bank accounts?
Finally, this a public forum for all to post relevant information or questions as you have done. Disagree or agree that is the nature of stock boards. People ain't leaving the BMXI board so stop trying to "BULLY" posters. Let it go and be happy, with your investment and thanks for your perspective.
All in my humble and honest opinion.
I see no reason to buy BMXI as the ticker price continues to drop. You and others can!!!!!
If, and, but and assume. Terrible words to use in conjunction, with buckets of pink sheet wishes like BMXI. Take your chances or take your toys and go home. Never invest in something you know that the risk is to the down side, unless you are gambling (money you can afford to lose) for a large payoff that may not happen to begin with.
With all due respect. imho
Who are the owners, of the BMXI mines and what are they doing with the money? BMXI is not directly benefiting, from the revenues produced by gold sells (imho) and that is why the stock price is dropping. imho!!! One thing is making bank on gold mined, but another when the publicly traded company has no control on the money made by selling gold. BMXI appears to be a gold miner in name only so far as I can see. imho! BMXI has no control over cash flow from, the gold mines in Indonesia. imho
Dude you were way off on the BMXI buy low advice. You need to stick to bailing hay and looking for long lost needles. Stock Ticker price predicting does not seem to suit you. This BMXI ticker price is going to a penny by early 2024 the way things are going and is still probably not a low price in my opinion, unless a BMXI audit is filed which looks less likely as time goes on.
The CEO is not as transparent as he advertises. SEC should look into these misdirection plays imho! Misleading investors by promising an audit, stating an audit firm is doing the audit, changing auditors, publicly commenting that the audit is imminent and yet the audit never materializes. Seems that the CEO has a fiduciary duty to perform on the audit as it has been publicized for a reasonable period of time. Not good to mislead investors intentionally. That could be about an SEC investigation imho, but I am not lawyer or legal scholar. Just not too kosher in my way of thinking. All my personally and humble opinion as I have seen things play out with this BMXI stock so far.
Well, the world is getting crazier by the day. Spot gold has pushed above $2000/ounce. It is only a matter of time, before gold pushes to new all time highs and moves closer to $3000/ounce. Wars, rumors of wars, famine and disease will continue to promote gold's dominance on the world's economical stage. These factors are positives for any gold miner producing gold. It would stand to reason that a miner like BMXI would want to become more inclined to produce more gold; however, the opposite could be true too.
Why buy now? The ticker price for BMXI is going lower, if the CEO continues to hold back the audit filing in my humble opinion. Either that or as someone else has said the auditor refuses to sign off on the audit for whatever reason. The ticker price is going to fall even lower. One does not catch a falling knife. Just let it hit the ground and then pick up the knife. There is no ticker bottom, without the company filing an audit. imho. But as you say, it's your advice. Let the dice roll on!
BMXI needs 100% transparency.
Seems the beneficial owners (not BMXI) wish to remain anonymous for some reason, of which I can think of many.
When will the BMXI CEO expose those owners to the world? Public BMXI shareholders and potential investors need all owner-partners to be made public and not hidden by a cloud of non-transparency.
imho
Tell Mr. CEO that his operation and method of running BMXI is not putting much faith in shareholders and potential investors. These piece meal press releases are worthless at moving the ticker price positively. Seems to make the ticker price go down further. Not much confidence in the market place for a company that cannot be 100% transparent. Tell the shareholders you are going to finance the Moosehorn project, with company money and not toxic financing by an Canadian company and further advance the property in Alaska. That might help somewhat with the ticker price. Hard to say. imho Need drilling results, assay of tailings and bedrock/gravel samples. Do something that indicates you are actually a gold mining operation working in North America too.
By the time the audit is filed which is taking too long in my opinion, BMXI will most likely be selling at a ticker price, of under two cents a share. Really, a pathetic roi for long term shareholders. Don't see an audit in the near term and hard to imagine one next year as well. BMXI ticker price does not reflect the near term reality of a strong rise in share price due to an audit filing that would demonstrate a strong BMXI bottom line. Now, if the 13 million dollars was used to get the Moosehorn project going, without further financing, that would be a start but that appears to not be happening. I suspect monies, from the Indonesian gold mines, are being siphoned off for personal gain and not reinvested into BMXI locally (as the latest p/r indicates) nor BMXI's corporate plan to be a profitable mining operation over a larger non-regional area. imho
I am glad you succeeded in getting BMXI responses. You are a trooper. Hope you get some good responses in the future. Carry on!
Really, there is no audit trail to show money coming in and going out. Just take the word of a press release and a generalized filing. imho
The BMXI CEO is just tossing "bread crumbs" as I see it. This latest press release is a prime example. imho
It's ok what you want to post. No one that I know is posting here under their rightful name nor would anyone believe, if they said they did. I am posting on this board as it is a public board. I am sure that someone or some people have better connections than others with BMXI. I have emailed the i/r in the past with no results. No need to reach out to the CEO as I see it. He is as smart as we are and knows what is not being communicated to the shareholders and what is. He knows that he is misleading shareholders and holding back on important information that shareholders could glean through. imho The prime example is the often mentioned imminent audit that drags on and never materializes. Things like AISC for gold mine production, the other partner(s) names, their share(s) and disbursements, money actually spent on upgrades, CEO and staff individual salaries, Cash flow audit trails that tell shareholders where the money really goes towards. Shareholders need the audit to tell us the real value of BMXI. Me emailing the CEO is not going to get this information which could easily be provided by the BMXI CEO if he was so inclined to divulge. Finally, I enjoy posting questions here. May be others will read and make important decisions on how to spend their money. imho
Want to be truthful and transparent Mr. CEO? Tell us who your operating partner(s) is? More importantly, how are they investing money back into the operation, since BMXI is going to spend 13 million dollars on the mines in Indonesia too?
What the heck were they doing, with the cash they were getting from the gold sells to begin with? BMXI was not putting money back into their gold mining operation overseas? What a bunch of BS. All this pathetic p/r says is that 13 million dollars is going to be invested in gold operations in Indonesia only. Any small potatoes that BMXI may get in 2024 may be used elsewhere. This latest press is so stupid, it should have been released in the quarterly, unless this press release is not whole truthful in my humble opinion. Still no AUDIT mentioned!!!!!!!!!
...The supplemental agreement involves the retention and use of surplus cash generated from
operations at Talawaan and provides that the surplus cash held by the operating partner on behalf
of the Company as at November 30, 2022, approximating $13 million, be released in full, effective
immediately, and reinvested into a number of areas, including addition of high value gold
exploration properties, recapitalisation and expansion of gold mining assets in situ, as well as
upgrades of safety equipment and protocols and investment in additional upgrades of
environmental operating standards, including reinforced lining of tailing ponds, restoring and
replanting excavated areas of forest and other improvements to the Company’s environmental
footprint...
Still no mention of an audit. So, if this information is even remotely correct, 13 million owed to BMXI, why then do they need financing for the Moosehorn project they announced awhile back?
https://www.otcmarkets.com/otcapi/company/dns/news/document/70349/content
Call BS when I see it!
Exciting developments at our Moosehorn property in the Tintina Gold Belt, Yukon! 🛠️
✅ Drafted $2M production budget for equipment & ground works
✅ 39,040oz of 43-101 compliant resource (12.1g/tonne)
✅ 100,732oz of non-compliant resource (11.4g/tonne)
✅ 2,000oz au estimated surface stockpile ready
Arranging financing from Canadian institution for production startup—stay tuned for more updates! #MiningUpdate #GoldProduction $BMXI
There is no transparency with Bmxi. No wonder an audit will never be filed. Where are the revenue breakdowns? Where is a detail account, of how the money is spent or going too? Who is getting the net cash? Where is this information? No transparency!!!! Imho
No mention of the audit? What was the cost to mine the gold? Why are revenues being siphoned off and where is the money actually going to? Bmxi is just a name, and not benefiting from revenues as I see it. For all I know the local government is getting the lion's share of Bmxi revenues.
This last BMXI quarterly was anemic in my opinion. Not much to see in it. Without an audit filed, this stock is going to languish. Time to rethink my position in this stock. Gave it a good long while to make a move, but it is apparent to me this is not going to happen with BMXI. Time to move back into gold mining stocks that actually report their gold production and AISC. Looking at November to start/finish selling my position in BMXI. Good luck to those that remain to cheer or lament the direction of BMXI. There is always the next stock to buy and sell.
BMXI: Good news and the stock goes down. Bad news and the stock goes up? Will see how Monday goes on the ticker price. Bear trap or bull trap coming?
Since you and MsKitty1 are in contact with the CEO, could you or Mskitty1 ask the CEO on the status of the BMXI audit?
Quarterly Report
For the Period Ending: August 31, 2023
(the “Reporting Period”) https://www.otcmarkets.com/otcapi/company/financial-report/384108/content
Are you sure you know too?
https://www.otcmarkets.com/otcapi/company/financial-report/384108/content
Another couple of email BS lies from the BMXI CEO then, huh?
Well, we are waiting for the BMXI quarterly report. Did you two know or were you both fibbing to gain an edge on BMXI investors? Your true colors will be shown today either way.
Well, tommorow is the BMXI quarterly report day according to you, OTCMaguyver. Will see, if you are in the know or not! The clock is ticking!
Hard to value a gold mining company that posts profits and losses only, and does not report gold production. Anyone can produce a p/l report, but a gold mining company should share the production numbers of gold mined and the cost of those ounces produced. No wonder the quarterly report has no bones to stand on. imho
So, you and MsKitty1 are in the know. That is good. Two are better than none. So, tell me, when will the audit be filed cause the quarterly is not moving the ticker on BMXI. Also, may be you can ask the CEO why he does not post the quarterly and yearly production numbers, of gold and other possible metals and how many ounces were sold? What is BMXI"s AISC for their mining operation overseas? What is the AISC projection for the Moosehorn property in the Tintina Gold Belt, Yukon!? Asking for a friend who would like to invest in a gold mine company that actually produces production numbers and the cost of producing those numbers. imho
Thanks for your comprehensive answer.
Yep, and just like that the quarterly report rumor has not moved the ticker price much and now BMXI's share price is going backwards again it seems. Hard to imagine, but without the audit being filed, BMXI s/p will tick down again. imho
What happened MsKitty1? You're in the know.
May be the ceo is acting on
Behalf of the shareholders for a change. We
Shall see.
Just keep climbing on that ticker price. My 540k + shares are loving the move. Audit time would be very welcoming.
Well, Q3 results are to be released this week accord to MsKitty1. Also, the next CEO call date should be released too. That call should be a doozy, since the imminent audit will most likely be delayed again, and the CEO will most likely talk about mining operations in North America to deflect the pathetic lack of producing an filed audit. I could be pleasantly wrong. Could be right too! Again, the CEO will complain the audit filing is out of his hands, when in fact, the audit filing is actually controlled by the CEO telling the auditor to go ahead and file. Delaying the audit is a lack of fiduciary responsibility to shareholders. The CEO should resign, if he cannot full fill his duty to shareholders regarding the timely and promised manner of filing the audit that he has stated is imminent, yet is out of his hands. Well, if he cannot control his company's audit filing, he should step aside and yet someone else lead BMXI going forward. That is only my humble opinion. The audit should not be delayed because someone needs more investors (money). The shareholders deserve the audit filing and no more delays. Again, in my humble opinion.
It does not matter what anyone posts on this BMXI board barring TOS violations. Everyone here is a ghost writer. No one is using their real name. There is very very little chance anything written here regarding BMXI should be take as 100% truth. Really all these boards are for is entertainment purposes. There are some exceptions. I've learned to believe nothing I read and only half of what I see regarding BMXI. If you decide you want to banter, about what I post here on the BMXI, well knock yourself out. It's just entertainment anyway. You just never know, about the BMXI stock price. Up one day and down the next. Mostly down though.