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With 30000000 AS,this will never see trips again.If my math is correct,at.0009 that's just $27000.00
All stocks have wild swings in share price after A RS.Has nothing to do with where the SP will be in the long term.
When BMIX went from the larger plant to the GRUs,it was the best move they could make.The 125% more gold and less operating expenses will be the difference in this company to prosper or fail.In BMIX history,they have done many things and failed.I think they and everybody else know this is their last chance.Over the last 6 months I have seen them going forward at A steady pace.Their new plan will work IMHO.Not here for A quick flip either but the long term.
Only had time to watch first hour of meeting.Went back today to watch and Youtube has sound muted due to copyright claim.Anywhere else to go to hear the rest of meeting?
I have not heard anything of the sort. Care to give A hint where you heard that?
Good luck.I'm going to hold until 1q report and might add some more depending on PRs and SP.
There has not been any RS numbers on the OS out anywhere that I can find.Everybody are just assuming that the OS split will be the same as the AS split.It can be anything.I think it will be at least 1000 to 1.We will know very soon if it happens.
You are correct.BMIX did file for A extension last year and they came out on April 14th on the very last day.One would expect the same this year.My bad.
I do not think there is A 4th qtr. report but there is A year end report that will include the 4th qtr. and should be out the latter part of February.If the RS happens Friday,the D will fall off the ticker about the same time.I believe the planning of this was not by accident but by design.
No,you did not miss anything.Everybody just presumes it will be 500 to 1 but I think it will be higher than that.
Last change I seen,effective date was Jan. 20th.
Found TTCM late in the game.Got my first shares just before the upgrade.Planning on buying as much as I can up to .25 as funds are available.This is one of the few stocks in the OTC that I will be investing in and not trading.
I'm thinking BMIX will release A PR just before and A flurry of PRs after the RS. Those are the two times that they will be needed the most.IMHO
So there is nothing left to be done that can keep the Patent from being issued?
It needs to stay at .02 for about 4 weeks so I can finish getting the boat loaded,then it can go to A dollar as far as I'm concerned.
Jan. 19th would be A good day to buy BMIX.Even better if the ask is as light as it is today.
Last I saw,it was revised to Jan. 20th.Have they changed it again?
Not sure what he is thinking but you can read the link at post 23471 by Esedu.The link will show the AS being reduced to 30,000,000 and the revised date of Jan. 20,2017.
Yes.AS will be 30,000,000
Would the RS on the OS have to be higher than that to allow for the series B stock to convert.I thought that was one of the reasons for the RS in the first place.
We'll know in the morning if the RS is real or hype.I say hype.If it's real,hope they have A stack of good PR's ready to go.
I'm starting to think that there will be no RS on the 29th.If we do not get A PR in the morning,I'll say it is not going to happen.Atleast not yet
No fun at all.Had to work on it A bit.Now if I'M right and they just get close to what I posted,then we're having fun.
Adding to post 23310 Before anybody points it out,they can run GRUs 10 hours A day 6 days A week during good weather to make up for the rainy season.They could add GRUs faster as more come online,just trying to stay on the conservative side.Percent of company overhead should drop some as more GRUs are added due to some costs are fixed and not tied to production.If I understand it right,They can develop their own mining rights and make deals with other mining companies later on if they end up with more GRUs than BMIX properties can handle but I think that will be awhile.On post 23310 spit=split This is just IMHO.
Rough numbers on what Jupiter Gold could do.Jupiter Gold gets the funds and adds A second GRU within 6 months.Say they recover .5 grams of gold per cubic meter at 10 cubic meters per hour.5 grams per hour x 40 hours x 30$ per gram = 6000.00 per week x 2 GRUS =12000.00 Subtract 1500 for fuel and direct labor and 500 for misc. direct costs and you got 10000.00 Spit 10000.00 with BMIX and we are at 5000.00 Spit it again for company overhead,royalty payments ect. and you got 2500.00 per week.In 10 weeks they would have the money for another GRU.Say they add one every 3 months for 5 years.You then have 22 GRUs payed for with no company debt and no dilution.Any diamonds would be extra for A rainy day or use for equipment replacement costs.Just something to think about.
He has always had that one series A stock that has 51% controlling interest voting power.He has over one billion shares of common stock and the RS will effect him as it will us as far as I know. Somebody please correct me if I am wrong
I'm tapped out until after the 1st so will have to live with my 70 mil.Tuesday at about 11am would be A great time for A PR with some good production numbers to get the SP up by the close of the 28th .0002 would be nice but .0003 would be better.
Got my first starter shares about A month ago and have being buying more every week. It's A lot more fun averaging up than down.
Those 2s being hit now will be 20s in A few months.Just A matter of time.
Would Jupiter gold's IPO bring more eyes to BMIX?I am always looking for them.
They figure conversions on the closing price usually over 20 trading days.They do not just pick out A trade in the middle of the day but good try.
Took A quick look at the link and for now I will take that as good news.Will study it some more later on.Good find.
Volume will pick up by mid January and Bid will be back soon after.
I think that BMIX will make some kind of new deal with the series B convertible preferred stock holders so they do not convert on Dec. 31st.I know it says they convert automatically but anything can be changed if everybody is in agreement.BMIX can say they will just raise the OS instead of doing A RS as leverage.The converted shares even with A 40% discount are not going to do them any good if they can not sale them.
It would make my day if it was Tim Allen.
NOW would be a good time for A PR.
Would be A safe bet for #1 most of tomorrow or the whole day.
Anybody know what the current float is?
I hope they thought ahead and have A way to run some of those stockpiled materials through the GRU during the rainy season.
Thanks for the info.