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Could you compare and contrast the gross profit of BRNE and BMXI? Are they comparable? If they are, then may be so. What say you?
BMXI: ...In the first quarter of 2023, Brookmount Gold recorded a gross profit of $2,96 million, or a 9,99% increase over the $2,691 million registered in the same period of 2022.
In the filing communicated today to the market, the company reported a total comprehensive income of $2,129 million, which is a 10,48% increase year-over-year in comparison with the $1,927 million announced after the first quarter of last year...
BRNE: ... Q1 2014 marks first quarter in which Company operated two producing gold mines, Talawaan and Ratatotok South Revenues in Q1 of 2014 were over $380,000 compared to no revenue in Q1 of 2013 Gross profit from mining operations in Q1 of 2014 was over $130,000 compared no gross profit in Q1 of 2013 Total stockholders' equity was approximately $1,564,000 on March 31, 2014 Acquired Ratatotok Southeast, a producing gold mine in January 2014...
Looks totally different on gross profit comparison. imho
I was looking at 3 to 5 cents a share by end of August without substantial news.
Working on a 3 to 4 cent a share BMXI buy in now. Another PR campaign should come, before the end of August. imho!!!!
If you wait, a BMXI penny could show up.
Thing is you don't really know. Just old fashion BMXI conjecture and speculation. Thanks for your opinion. Heck you ain't even backing that up with your real name. Don't mean diddly-squat as such.
Come on mm drop the BMXI prices into the low 6 cent/share range. I could use some five cent a shares too.
Gold is taking a hit on the spot market. Always has an negative affect on publicly trading gold mining companies. BMXI is no different. I will just ride the tide. Gold is going over $2100/oz in my personal opinion this winter or next year.
Getting close to my BMXI buy in at 6 cents a share. Looking to round off at 500k shares. Need around 40k more shares.
If you use 99% of the A/S, then the O/S is 99% of the a/s. This is simple math. Not that hard to understand.
If BMXI taps into most of the 200 million a/s, then a r/s is likely to happen without raising the a/s. imho
BMXI gotta pay the underwriters, the auditors, Leonite, lawyers, SEC and Nils.
Almost left out paying for the mining initiative in North America. Not to mention the Brazil deal down the road. imho
Well, should be. Getting close to 5 to 6 cents a share with all this selling. imho
https://www.otcmarkets.com/stock/BMXI/security
Outstanding Shares
63,703,370
06/22/2023
Restricted
27,356,928
06/22/2023
Unrestricted
36,346,442
06/22/2023
That did not go well did it? Looks more like selling to me.
The issue with the Brazilian offer is that it is on the back burner now as Nils said. The Safe Harbor Act allows him to change his mind at any given time. He said low hanging fruit was the company's primary objective. That leaves the Brazil deal in limbo. Need to see the audit to see where money is really going.
Once the BMXI 200 million a/s is sold into the market, guess a forward split will be appropriate. Do not see a r/s but most likely an increase in the a/s down the road. imho
Watching the mm jockey for position on level 2.
BMXI 5 to 6 cents by July 31st. Will look to pick up shares then. Company still selling shares. imho
https://www.otcmarkets.com/stock/BMXI/security
$BMXI monday morning news and possible filing!!!
— Anthony S. (@PennyStocks2018) June 16, 2023
Around the 13:20 mark on the latest conference call Nils said he would certainly let us know, when the date of the next conference call would be in the next 7 to 10 days. I guess he forget to tell us.
BMXI looks like 3 to 5 cents a share by September if no substantial news. Still holding off buying more, when I believe the s/p is headed lower, before the audit is filed which Nils thinks will be done by the end of the third quarter.
Could be AS capital has some of those shares. See 7:40 on conference call. It is quite apparent that BMXI will need a lot of money to work their properties to draw even more money in. Money talks! It greases the wheels of business ventures for whatever reason. I would expect an audit to be filed and more shares sold for more money. On that note, I personally expect another run on share price. May be two or more this year. imho!
Nils mentioned "...should we close on that transaction"... See 7:13 on conference call.
It is not certain. Making assumptions?
Nils said BMXI is deploying capital to take advantage of low hanging fruit. That does not include Brazil right away. According to the conference call. See 9:50 on conference call
Didn't you read my disclaimer?
Speculation: I would imagine the next press release regarding the BMXI audit will be that it is delayed because registration has not been finalize due to legalese issues with lawyers. Next there will be problems with underwriters.
The beat goes on!
imho
Could be completely wrong but....
BMXI $11,741 at the bid at $0.08 Looking for lower ask and bid. 146,760 shares... more selling coming up!
Too much selling pressure to influence the ask moving up in my humble and honest opinion.
Would that be more partners to give shares in exchange for money? Got to pay the piper down the road.
A familiar quote from the BMXI CEO back then: ..."We intend to continue to acquire high ore-grade properties adjacent to our existing operations as we scale up production and cash flow from operations. We anticipate this added capacity will increase the momentum in our current revenue and gross profit growth," Ollquist concluded... That stock you mentioned is not in the gold business today.
I think someone needs to replace their BMXI laser bulb. Seems to have burnt out. We are in June and the focus is just not there it seems. Well, there is always the 3rd quarter to buy another laser replacement bulb (sarc). https://www.proactiveinvestors.com/companies/news/1003193/brookmount-gold-laser-focused-on-2023-listing-1003193.html?viewSource=TwitterUS
My target by the end of the 3rd quarter, without substantial news, is 3 to 5 cents a share. imho
My target by the end of this year, without substantial news, is 1 to 3 cents a share. imho.
Clearly, a move to reduce the s/p has been ongoing for sometime now.
Where do you think it will end, this s/p depreciation?
BMXI looks like 3 to 5 cents a share by September. Think I will hold off to buy more. Comfortable with my 460k shares. No need to buy more at .0885, when I can buy lower. There is no catalyst to stop the share price bleeding imho!!! You can buy all you want at this price. My personal opinion is quite a bit lower. Could be wrong, but I will wait for lower, before the audit is filed.
Nils says two underwriters should be secured for BMXI in the next 30 days. By the end of the third quarter the registration and filing of the audit should be done and BMXI should be well on it's way to a Nasdaq listing.
The date of the next conference call should be given in the next seven to ten days according to the call. Looking forward to more positive news as the registration and audit process comes to a conclusion with approval from the SEC.
imho
I believe the audit will be filed with the SEC. The conference call puts the onerous on BMXI to follow through. I will wait patiently for the next positive movement in share price. I'm not selling shares irregardless of the machinations of mm.
Nils said audit is finalized at 2:45
You can revisit today's Investor Call with our CEO, Nils Ollquist, in this link. Thanks to those of you who joined us!https://t.co/bcVD10FT5C
— Brookmount Gold (@brookmountgold) May 31, 2023
SEC approval of audited paper work should see institutional investors buy in with BMXI. Confidence will been seen by retail investors for sure imho!
I am patiently waiting for that too happen!!
Gold is going to new highs and I can patiently wait for that as well.
imho
A ticking time bomb: The BMXI audit will not be made public, until the registration statement has been filed with the SEC.
Sure reads that the audit is done and now waiting on the legal team to finalize a registration statement to incorporate the draft audited statements. Then the auditors will sign the document immediately before presenting to the SEC.
https://twitter.com/search?q=%24BMXI&src=cashtag_click&f=live
You talking about this page?
$BMXI pic.twitter.com/IWjVOjhoHl
— Steve Chase (@Steve_Chase2022) May 31, 2023
The Company had anticipated the completion of the audit within the first quarter of
this year, however the rescheduling of the auditor site visit in Indonesia, in light of
earlier Covid-related travel restrictions, to last week, will delay the completion of the
audit, which now is expected within the next few weeks. The Company is working
closely with the auditors to ensure the completion of the audit in as short a time frame
as possible.
I take that as meaning by the end of the 2nd quarter. imho
This can be corroborated by the latest company post. brookmountgold
@brookmountgold
·
May 25
As we told you recently, our CEO, Nils Ollquist, landed today in New Dehli, where a team of about 30 professionals at Mercurius Advisory Services, are working to conclude Brookmount Gold's audit. $BMXI #brookmountgold #OTCMarkets
Could be the last hour to get cheap shares before next Tuesday. imho. Something gotta give by the BMXI conference. Got my shares locked and loaded: 460k + shares.. By the end of the Second quarter is the Audit release time frame according to a prior press release. There's something to followup on!!!