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A picture or in this case A video is worth A thousand words.
Looks good so far.Now if they can get the second plant up and running by the start of the 3rd quarter,that would be great.I'm thinking that the 3rd quarter has the best weather for mining.
Got some Wednesday for .016 No luck today at that price.I think I'm done buying for now unless they are dirt cheap.It's starting to take A lot of cash to bring my average down any sizeable amount.
Yep,just had to pull my 2s after that 106m pop
No reply yet but answer to my main question about the GRU was in the brief update today.
I just sent A email from Brazil Minerals website after clinking on "investors" link.Email was sent with no automatic response to call
Anything is possible but IMHO it would take very high production numbers of gold and diamonds and/or A killer Industry Guide 7 Technical Report.If they would just get their act together and mine enough gold to break even by the second quarter,I could see .20 to .30
75 cents.
If I get to break-even in the next 6 months,I'll hold until my target price or 5 years.10 years is just A little to long for me.
Is this being diluted,or retail?
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.
I may have misunderstood your post.Debt holders selling is dilution.I got from your post that Marc was selling his shares.Selling his shares would not be dilution as they are already part of the OS.
I have not seen A form 4 filed that shows CEO selling A single share.His shares RS just like everybody else.CEO selling shares and diluted shares are not the same.Explain to me that I am wrong.
I do not care if BMIX closes down or up.I look at the VWAP ( VOLUME WEIGHTED AVERAGE PRICE )Today the VWAP was .035741 and that is the highest it has been in four weeks.
With tricks like that, I hope we get plenty more.
When they release production numbers that are just half of the test run last year,they will need no propping.BMIX will gap up.
Going to slap the ask in A few minutes with some coffee money left in my account.Anybody want to join me?
I picked up A few shares last summer as A lotto play and it fell off my radar.I'll admit,done very little DD on this one.Any chance of this company coming back to life?It looks like they left everybody hanging.Do they even have A working CEO now?
From my DD they produced close to $800,000 of gold and diamonds with junk rented equipment the first year.So we know that there is gold and diamonds there.The last 9 months they have started A new mining system that produces more gold at less cost.Add to that the mortar and their first royalty,there is no reason for Bmix to not become profitable this year.My goal is to see BMIX to become profitable by end of 3rd quarter including Brazil and US expenses.With that being said,now is the best time for them to become profitable in the the history of BMIX and at the same time the most risk.If they do not produce now,it will be done.
Their rainy season is now,and will be over by the end of April.
I agree to A point.As far as concrete numbers,I would like for them to wait A couple of weeks to get A good average.
Just A reminder,Here is A segment from Oct. 10th 2016 PR: In other news, BMIX announced that the portable diamond and gold plant of an unrelated third-party enterprise that signed a previously announced royalty deal with the Company also began operations. A photograph of such plant is attached to the version of this press release posted in the Company's website (www.brazil-minerals.com). There are numerous differences between this portable plant and the GRU, however both utilize motorized trommels as a separation step. Under the terms of the royalty agreement, BMIX will receive 25% of this third party's production of gold and diamond with virtually zero cost to BMIX
NEWS OUT.Hope second GDRU will be operational before the rainy season is over.Will give them A head start over last year.
D stays on for 20 trading days.It should be gone Monday,February 27th
Before that,I'm expecting A good boost within A few trading days after the 28th.Just takes one or two high rollers to see it to make A difference.After they do their DD,we'll have them hooked.
You need to look at form 4 again. He received 200,000 shares of BMIX,not dollars.Roughly about 8000 dollars worth of shares at todays price.
Yep.That paint goes two ways.Have been seeing that two shares pop up on the bid trying to pull the price down
Your post is misleading.The OS as of now is about 26 million.There has been no diluting as of now.When the OS goes up then there will be but not the AS.Even then the AS was raised from 30 million to 100 million.That is 70 million and not 100 million.
If it hits 10 cents in the next 2 weeks,I'll go out on the limb and say it will be 50 cents within the next 6 months.Reason being, most of the real good news will be reported May to July.
Segment from BMIX's sub. Jupiter Gold Prospectus:
C.
Assuming we raise only 50% of the Offering
C.1 Acquisition of another GRU (estimated cost $25,000) within 3 months of completion of the Offering
C.2 Initiation of the research in our property DNPM 831.883/2016 (estimated cost $100,000) within 3 months of completion of the Offering
C.3 Second GRU placed and producing revenues within 4 months of completion of the Offering
C.4 Initiation of the research in our property DNPM 860.807/2016 (estimated cost $100,000) within 6 months of completion of the Offering
C.5 Initial environmental licensing sought for DNPM 831.883/2016 to support placement of a GRU in such mineral right (estimated cost $5,000) within 12 months after completion of the Offering
I think that BMIX may own some land at the larger plant but most of the mineral rights they have,they do not own the property.They just own the mineral rights and the owners of the property gets A royalty fee on what is removed.I know that most here in the OTC is either A scam or will fail because of poor management.I also think that there are A small percent that will learn from their mistakes and will become profitable in time and BMIX is one that will do it.IMHO
Thanks for the info.I may check it out
Down 80% from RS last week,40% today.Seems like we are going in the right direction.Yes there has been some swap trades,from weak hands to mine.
As has already been said,I think that the patent approval is baked in the SP now.I got in just before the QB upgrade and would be up over 100% now if I would stop buying more shares every week. My target is 50 cents with funding,one dollar plus with global launch,and after that the sky is the limit.TTCM is one of the stocks I have that lets me sleep good at night.
Agree with everything you said.In the last 8 months,BMIX has been steady moving forward.New system of mining recovers more gold at less cost.1ST royalty stream started mining in Oct. Books are A lot cleaner than last year.Jupiter Gold sub. getting off the ground.They have not been moving as fast as I would want,but the rainy season will soon be over and they are in better shape now than they have been in A long time.It's time to put the pedal to the metal.BMIX LONG AND STRONG.
Anybody have A estimate on how long it could take for the Industry Guide 7 technical report to be done?2 months?4 months? Longer?
I think the reason in took so long to get going was that they wanted to get it right the first time around.Hoping the next GRU will be quicker now that they have the bugs worked out.This needs to work for they are out of time.
I believe that BMIX is oversold and will be buying anything under .02 I see them moving forward over the last six months and have A plan in place that will be profitable.Do your DD and decide for yourself if the risk is worth owning BMIX.
I think they are just stopping production to swap out the rented centrifuge with the one that they now own.Somebody correct me if this is not correct.A third - party began operations Oct. 10 2016 for gold and diamonds that BMIX will receive 25% of production at virtually no cost to BMIX.Refer back to PR dated Oct 10 2016.
What you are saying is not logical after the way he done this RS.If his plans was to sell more shares,he could just made the RS 1000 TO 1 or higher on the OS instead of 500 to 1.It would have saved time and paperwork.