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This is at the bottom of every PR.Read it very carefully.
Safe Harbor Statement
This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.'s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward- looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions, geopolitical events and regulatory changes, availability of capital, Brazil Minerals, Inc.’s ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. We advise U.S. investors that the NI 43-101 term, as mentioned in the above press release, is a document format accepted by Canada’s securities regulator, and utilizes different terminology than defined in the U.S.’s Industry Guide 7, the technical format for mining exploration reports accepted by the U.S. Securities and Exchange Commission. A geologist qualified to write an NI 43-101 report is called a “Qualified Person,” a term that does not apply to U.S.’s Industry Guide 7. We further advise U.S. investors that, given the preliminary stage of evaluation, there are no guarantees that the potential gold mineralization of the Paracatu permit is or will ever become mineral reserves as defined by the U.S.’s Industry Guide 7.
IMHO you have no idea what you are talking about.In pinky land when A CEO runs A scam,the first thing to do is give yourself A big salary.By the look of the filings,he gets paid in shares.Also looks like he has even advanced BMIX some of his own money from the last filing.Mistakes were made and sometimes things do not go like you expect.Show me one time that he has lied.When people lose money,they read what they want to in PR'S to make themselves believe that it is not their fault.An example of this is I did not read in any PR that Marc say there would never be A RS.If anybody can find were he did,show me.
Called Peter Goldy today and left my name and number with the woman that answered the phone.Lets see if he calls back.
Were you counting promises of FXTC or when BRAZIL MINERALS was A private company.Flux Technolies name was changed to Brazil minerals on Feb.1st,2013.That was four and A half years ago.As for your statement that BMIX will go to .0001 is A fact,I disagree.Any Sub - penny price will not last long.
Well stated post.I would like to add that with the lower operating costs and higher gold recovery,it should be closer to 3 GRU'S to equal the larger plant from A profit point.
Your numbers on the convertible notes is A worst-case scenario and could very well happen.On the other hand,if they just get to break-even the SP will go up.If they get the Industry Guide 7 report done with some good numbers,it would be A game changer.There are other things BMIX can do to keep some of the notes from converting this year.Not A fan of kicking the can down the road,but sometimes it's the best option.I have only been here for just over A year so will hang around for two more quarters.
It may go sub penny for A short time but I do not see it going to no bid.
Are you sure this is the correct company?Procon Baja is A Mexican Subsidiary of PGUS. Your link is to A private company in the northeast US.Correct me if I'm wrong.
So if this is A scam then why did they lock up 1,379,510,380 common shares to Preferred series D shares.They will not convert back to common shares until listed on A national exchange,SP reaches A share price of three dollars per share for A period of time,or after 5 years.I would not call this A scam if they get listed on A national exchange or SP reaches 3 dollars per share.If it is one,they will have to wait 5 years to cash out with A high enough share price to make it worthwhile.Show me were I am wrong and I may change my mind.
After A long dry spell,I expect more PRs in the next two to three weeks.That seems to be their pattern.If they file the 2nd quarter on time or even the standard two weeks late,we will know soon if they are mining.I agree that knowing what to put in PRs is not BMIX'S strong point.
So how did he scam you.I'm down about 5K myself,but still planning on making money here.If I end up not making any,I'll not have anybody to blame but myself.Nobody forced me to buy this stock.
I have not been here long but have done as much DD on this company as I can.The more I dig,the better it looks and the more I buy.Have not found A red flag yet.I challenge anyone to find one. Barring A ELE,we are good to go.
Not buying any now but will be in about two weeks when I get some more mad money funds in.I got 300000 at 4 cents average but will roll the dice and try to get to two cents.I think it is worth the risk and they will get the price up some day.Just A matter of when.Only play OTC stocks with money I can afford to lose and advise everyone else to do the same.
They were still making adjustments and still in the rainy season.I would think that they were not mining most days.It looks like they added less debt than normal and have A little more cash to work with.I'm not A happy shareholder yet,but I do see some light at the end of the tunnel.With that being said,there needs to be A large improvement in the Q2 filing or I'M done.
lol.No,thats for about A week.
That was me.Had some coffee money left in my account.Just started buying this stock last week.
I'm glad you called.I did not call them do to the fact that they will not be able to say much because of insider information.If no PR by Tuesday,I'll call anyway.Maybe they will get the hint and give us A PR with some meat in it.
I think that they have put this infrastructure in place during the last few years.That being said,they need to start using it.
Well that did not last long. Had to happen on A day that I had no funds available.
Sellers holding,MM's holding,buyers sitting on the sidelines.The ball is in BMIX'S court.
Thanks.Have been looking for OTC stocks to hold long term with real assets.They are hard to find but this may be one here.
Started DD on PGUS this morning.Have seen enough to pick up starter shares today.
I think that BMIX will release both reports as close together as possable being that the 10Q will be better than the 10K.There will then be A good news PR released shortly thereafter.
You are right.PR dated 2/21/17 shows where mining department took A year to inspect area after application for permit was filed and paid for.Still months to go.
If 10-k is not out today,I think it will come out on Tuesday with A PR.
Expecting most if not all preferred shares gone,book value out of the negative,and something from the third-party mining.Just would like to see it in writing.
Gold price today $1284.00 to $1290.00
Still here.Just not much more to say until we see A filing or PR.
That was the reason I bought some more this morning.I missed that until you pointed it out.
I was sure that the large plant was 45 cubic meters per hour and not tons.Go to post 15986 by I.T.M.D. and that is what it states there.From my DD on centrifuges,they run from 8 to 12 cubic meters per hour depending on model.
I would agree that statement is correct unless we get an unexpected amount of production from the third-party enterprise that started mining Oct 10th.We get 25% royalty from this deal and revenue from Oct. 10th to Dec.31st should be in the END OF YEAR report.
Last year annual report (10k) was out on April 14th.Quarterly report (10q)ending March 31st was out on May 20th.Would expect same timeline this year.
So all preferred shares except the one share Marc has are gone.Is this correct?
I just went to OTC and you are correct.Sorry.I wonder if that was the last of the B preferred shares converting.There was not that much toxic debt left.
You are correct about what it will take to turn BMIX around but way off on how fast we are getting to OS 100,000,000 Per pre 14c filing dated Feb. 3rd. there was A OS of 26,130,923 Rounding up to nearest 1000 every day,the total shares traded including the 26,130,923 up to close today is 32,106,000 This includes the 200,000 shares on form 4 dated Feb. 16th to Marc.I'm sure that A lot of these shares were just retail trades and not dilution.
I do not see BMIX getting to sub penny,much less .0001 Just to much about to happen this year.IMHO they are in much better shape now then A year ago.In the unlikely event that we reach trips,I'll sell all of my OTC stock and buy up the float.This is my play account and if I lost it all,it would not change my current lifestyle.The reward would be worth the risk at that price.
I think the problem here is that long term investors has been waiting years for BMIX to turn A profit and got to A point that they do not believe anything in PRs.New investors look at the charts after doing DD come to the same outcome.If Marc showed A truck load of gold, nobody would believe it unless they seen it in A filing. I am still adding and believe that BMIX will become profitable by the end of the third quarter.
So we get 50% gold for BMIX and 60% of Jupiter Gold's 50%
You are wrong.A lot of B and C preferred shares was removed from BMIX to start Jupiter Gold that would have diluted BMIX shareholders if allowed to convert to common shares.On top of that,BMIX owns 60% of Jupiter Gold.
BMIX owns 60 percent of the shares of Jupiter Gold.