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What are you talking about? It's been clearly detailed in previous prs with their partnership in Indonesia. Part of their plan was to reinvest their profits back into the production and expansion there. But clearly, the Ceo has stated that their will be no dilution, indicating that their cash flow in Indonesia are likely to fund the MH project...
Again, the Ceo said there won't be any more issuance of Reg A. shares, and their cash flow in Indonesia are for their projects, but will try and bring that to North America to fund their Moosehorn project...
If you're referring to the Reg A. shares, or any type of issuance for that matter, then yes. He recently explained in detail that there will be no dilution in the recent shareholder conference call.
The sharecount was recently updated on OTCM, and it confirmed his statements.
I have never seen a gold play in the otc with actual fundamentals that was extremely undervalued and with truly jaw dropping potential.
This is the holy grail of otc gold stocks.
#OtcGoldGoat
#LockDatFloat
"The Moosehorn property, which comprises 4,300 HA of high-quality gold area, has to date, a confirmed NI 43-101 resource of 39,000 oz. Au. and The Company is planning to extend the drill intensity and depth to upgrade the confirmed resource to 100,000 oz. Au."
"Preliminary estimates indicate a total resource for the area of approximately 1 million oz. Au."
Plus we have the newly acquired Alaskan site and more projects in Indonesia which hasn't started production.
Bruh, we ain't seen nothin yet...
The float is only 12,753,464
https://www.otcmarkets.com/stock/BMXI/security
Their book value doesn't include the newly acquired Alaskan project. Also, if they can prove they have 1 million oz.au in Moosehorn, I believe their book value would be around $3.50.
Then add a multiplier to that.
But the fundamentals show $3.15 to $17+ now...
For sure. Might I add, some of them don't even have a positive book value as you already know...
In the OTC, many pennies trade 50x, 100x, and on a few occasions, 1,000x more than their book value...
If that happens, we could possibly see $100+ a share in a year or two...
You got it brother. It's all good, and it's about to get even better. Have a good one man...
Can't wait until this blasts off into orbit. Have a good weekend all...
Tap dat ask...
$17.00+...
Dollars are imminent...
Last call folks. This is only going to get progressively higher from here.
Get in, or get left out...
I still can't believe how ridiculously low the s.p is when it should be around $17.00+ now with a forward p/e of 15x in expected revenues...
Yeap, It's almost wrapped up...
We're going to Nasdaq or NYSE. Just like the Ceo said, knowing well have a higher share price without an r/s...
Yeap, more revenues coming in, assets increasing and we have even reflected the bare minimum of where the s.p should be. 10x to 50x from these levels.
The movement is just getting started, and the word is spreading...
No doubt, the market cap is severely undervalued, and this is the perfect time to get in at these hugely discounted share prices.
Just a couple hundred thousand sell, but the low float lock play here is still very intact.
Back dat truck up...
With bump up in revenues and assets, we really should be trading at $17+ now with this locked float.
Anything under $1 is grossly undervalued. Not much left in the .40s left. The demand is strong and the supplies are limited. What happens when that happens?
A float lock down squeeze, possibly paired up with a short squeeze.
Bang Bang, gang...
More demand and less supplies folks. The shares are gettig scarce here while the newly acquired Sshares are going imto.stro ger hands. We ain't seen nothing yet...
Can't wait till we reach $1+ and say we ain't seen nothing yet. We still at chump change levels bruh...
Float locked, and ready to rock...
Not a lot in the .50s. .60+ will be here shortly...
There isn't much time left at these levels before we shoot up imso...
That could very well happen here given the fundamentals and a float lock down. Maybe even a short squeeze.
But one thing here is for certain. This is hands down the #1 float lock play in the OTC...
(SOON TO BE ON THE NASDAQ OR NYSE)
I see $1+ by next week. Thats when shit will go bezerk...
You got it my brother. Hope things are well w/ you...
We should be trading at around $10 now.
Remember fundamentals are giving a worse case scenario of $3.15 now. But in reality we should be trading around $17 now based on their guidance trajectory.
Golden Hands...
Not much left in .40s as well.
Thin as hell, not much left in the .30s...
lol, no. But yeah, it looks cool...
I see $10+ short term and $40+ by next year if they can double the amount of the expected revenue...
Exactly. When you have a strong ttm eps and an even bigger forward looking p/e/revenue, you should always have multiples on the value of your book.