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J,
I respect your opinion, but rightly so on this one I am not going to say I hope your right....GL and HAGW...
Buying opportunity, right?? Ha...
That would be awesome 3 for 1 is way better than 4....Go BMIX!!
Ticker change may or may not cause PPS increase, some do, some don't. What will cause MOASS is Company progress - creating products, Marketing, Selling, trials, patents, or sometimes just the perception of ability to do any of those things, or changes in markets.....rsii and updates are on the way as indicated earlier today by JD...GLTA
I respect the time and money many have put into this company. I have only been here a year and I have still lost plenty.
To me this is a tale of two companies. One that completely and utterly failed. Ending pretty much with a multi billion share road to nowhere. If you don't have efficiently acquired pay dirt to run your plant your pretty much done.
The second company is just beginning really. To begin they needed a reverse split. Sorry we all had to shoulder that...
The GRU's are being perfected and have only been running a few months and then who knows how much. I am sure when things are right they will be running 24/7..Updates are coming soon..
I know you all have heard of a self fulfilling prophecy...well many here are living it- and yes, I realize everyone is entitled to there opinion you CAN say anything you want on this board as long as you respect others.
There is a silver lining here... you will see.
Scalable teams of 2 to 4 GRU's begin to blanket gold and diamond claims soon...
Go to the news page on BMIX website and read every PR for like the past 4 years. Now throw everything you read and happened Pre July 2016 out except the claims acquired through MDB and RST, any equipment acquired, experience gained, and maybe sand....If you have been here that long you are also gonna have to forget about the losses as well.
Post July 16 the GRU concept was developed..... Low cost, highly efficient, and mobile. Possibly some of this concept can be patented. Add a rainy season and some further time to acquire additional pieces of the GRU to operate in different types of Alluvial sands, and more time to gain some experience in it's operation. Now add Jupiter Gold, some more claims, an IPO soon maybe. Approximately 3 months of GRU operation. Add in a reverse split and some further debt and that is where we are today.
Marc is gonna update soon.... Keep adding GRU's as we can. This company can make money. 4 GRU's equal large plant....
Bad time to get out, good time to get in or average down a bit...
Just the way I see it, you don't have to agree...
Yes - this is the news I would like to see hit...or even a sales or distribution agreement with non pot stuff would be OK too...How about a comparison test to BioFreeze...or a patent filing, or really anything....
Happy 4th everyone!!
Your hands on experience in this field is invaluable and hopefully good memories back from the day. Did you guys do well?
I have faith in Marc and BMIX.... 2nd highly efficient low operational cost GRU soon and some drill numbers at Paracatu. I do believe you will see improvements as the next couple quarters pass....GL
I was thinking you would not see change in Q1, but likely something in Q2 and more in Q3.
Is maturing convertible debt the one with GW Holdings Group, LLC?
OK wishful, but is it possible they can pay off debt, and still have enough for operations if they pull enough from the ground. Kinda sounds too rosy I know...Ha...
I get it, your right..and Thanks!
Thanks for the input itmd.
"We will be presenting a more frequent flow of information, and updates on various fronts, starting soon."
I would hold out for more than the last PR. I am going stick around to see what the various fronts are. Also feel may not see much of anything Q2, but am expecting more details and at least some revenues for Q3. I do think they have to get 2 or 3 GRU's going to make a dent worth noting....and think they have to be close to getting GRU #2 going..
If you go to the Brazil Minerals website PR link a couple extra pictures show that are not within the PR with Ihub links.
http://www.brazil-minerals.com/wp-content/uploads/2017/06/2017.06.28-BMIX-PR.pdf
They show our Geologist Mr. Mello pounding in stakes where they are going to be drilling in July 17.
This news does not seem to be recycled to me and seems very favorable.
I am guessing numbers everyone wants will be in Q2 and Q3 or a PR in between....ha, patience...
Agree 100%
To be honest I have sent other notes and never received a personal response. The last couple received a reply that said to call.
With BMIX it is clear through the years some mistakes were made. Probably easier to see now than when decisions were made, you know hindsight as they say. It is tough to run a wash plant with no material nearby. That problem is now solved with DGU's they can put plants on top of material, very efficient. One plant operating and money for a second (I am hoping that second plant is one of the announcements). 4 DGU's can equal the large plant. Operating DGU(s)is happening now and is the key and bridge to the future.
I think as most the next couple quarters will tell more about the future than the last 3 years.
Everyone can read history and form an opinion about the company and it's future. Some will say it's a scam, some will see a positive future.
Oh yes, not in response, but in general.... negative posts about a stock one owns or it's management never seems to make PPS go up....
I understand your position and have enjoyed your posts and DD.
I will be sticking around longer term. I still feel the end goal is to get to the point where operations are covered and beyond with GRU's.... IPO Jupiter Gold, get some of the better property drilled and hope they find something to suit a pit mine operation. At that time get a bigger player involved.
I need to hit .029 to even.
Good Luck!!
Received this on Friday a couple hours after I sent so am hoping for some good news. I do think we will be heading in the proper direction soon, and believe more frequent updates are returning.
I do understand the frustration in PPS, timely progress and updates.
Sometimes it is difficult, but keep the faith!! We will go up....
-----------------------------------------------------------------
Dear Mr. XXXXX,
Hope you are well and thank you for being a shareholder. I just returned to the U.S. from working in Brazil. We will be presenting a more frequent flow of information, and updates on various fronts, starting soon. Thank you for your patience.
Yours,
Marc
Marc Fogassa
Chairman & CEO
Brazil Minerals, Inc. (OTC: BMIX)
Email: mf@brazil-minerals.com
www.brazil-minerals.com
-------- Original Message --------
Subject: BM News
From: XXXXXX>
Date: Fri, June 23, 2017 8:03 am
To: info@brazil-minerals.com
I agree, the tease can be good short term, but it is really the Where, How, and When, or make that Where, How and Now that will make this stock fly.
If it is ready including all I's dotted and T's crossed and works as folks say we are golden, it's just when....
I think the post speaks for itself!
Ha, Not my words...
Have Faith!!
Updates on various fronts coming soon...
I hope - Thanks!!
I think this stock could be a real boon when they start selling effective alternative products that could become mainstream.
I am interested in the same question you posed.
So RSI develops something good. What is the normal and legal process to utilize this treatment in public? Will they patent and trademark? Is FDA testing and approvals the normal path for such or are there some loopholes?
Is this the next GW pharmaceuticals?
That part of the going concern Statement has been cut and past from the last several 10Q's. It is not something that's new.
But yes, we need some gold and diamonds in the box and operations 24/7. Also to get the new GRU in possession and also running 24/7...
There should be something to show for April, May, June one would think - unless maybe the dude with the white collar that did the talking in the first GRU video has some heavy pockets....JK
Yep, Agree....
Good Pun.....
I have a pretty good feeling this is not dead yet....there is a fairly veiled clue, have no idea how long it will take to transpire, or if at all, but looks like good hope to me.....nothing to do with the recent pump attempt.
I will write it on a piece of paper, fold it up and put it under my keyboard...
Looks like they changed the output configuration on Trommel and Centrifuge from April to May video..so still doing some tweeking - more gold!!
Don't really care too much on 10Q or even first quarter, of course would like to see them completed...looking forward to 2nd and 3rd quarter though. Need to finance some drilling or however they locate - need that big open pit.....
Nope not you....I have had that happen also with some of the links posted within PR's, link maybe bad.
Just do a google search with Brazil minerals youtube and it will pop up.
or use this link
I do wish the Gasification presentation link was still pinned...
http://www.gasification-syngas.org/uploads/downloads/2015-presentations/2015-10-1-Fosgitt.pdf
Thanks, should of checked IMTD DD, have read that before and liked the numbers. In fact it was a driving factor for me. Must be a typo on website on tons vs m3 for main plant. Still not allot of material, but if concentrations are better, well that helps.. Need a few more D/GRU's going, like 40 each or so.
Pretty low material throughput on D/GRU, even if numbers are doubled. Diamonds available at stated concentration could be really good - gold, not so much. At other locations in Amazonas gold concentration will hopefully be much higher. Waiting for our leaders........I do hope all this works out. Maybe there is some other big plan not yet released? I don't have a ton of shares, but enough. If this can get above .036 I would be happy .3 ecstatic. Bad news is I sold USR> to get in this and another loser...ha..
Everyone has probably ran the same numbers on their own in some form or fashion. With no real numbers this is what I can offer
All this info comes from this page:
http://www.brazil-minerals.com/ownership-positions/mineracao-duas-barras-ltda/
Per PR they are operating in Jequitinhonha River valley. MDB has two mineral rights in that area, one is the 982 acre they are expecting govt approval on soon so I assume they are not there, the other is the 422 acre area which I believe had NI 43-101 technical report in 2007 and updated 2008, that report stated average:
0.16 carats of diamonds per cubic meter and 182 milligrams of gold per cubic meter
OK large permanent plant can run 45 tons / hour, so they said the D/GRU can do about .25 of that, so 11.25 tons per hour.
Estimating material is about 2.4 tons per m3, so they can run about 4.7 m3 material per hour.
Using the NI43-101 numbers:
Plant operation, Diamonds / Gold
8 hours, 6.02 carats / 6.88 g
16 hours, 12.04 c / 13.76 g
24 hours, 18.06 c / 20.64 g
Of course there is some eff % with extraction and costs..
If this is where they are - pretty good diamonds, not so much gold. Diamonds are good too!!
So just trying to entertain myself until we see some real gold and more carrots...
I like your numbers in DD ITMD:
Q: So what do you think is fair PPS for BMIX?
A: I will provide two different perspectives below:
1) Combining revenue streams from gold, diamonds, sand, mortar and royalty-based partnerships, BMIX can reasonably make $3M net profit as early as end of FY 2017. An average P/E ratio for mining companies is 25-30. It is often higher than that for younger mining companies with many virgin claims, but let's consider the worst case scenario of 20, just to be conservative. So with a net income of $3M, the OS count of 100M (given the worst-case scenario of maxed out A/S), and the P/E ratio of 20, that comes out to $0.60 per share.
$3M/100M = $0.03 x 20 = $0.60
Reflecting upon the revenues obtained by the previous operator of BMIX property, $3M in net BMIX profit for the year is very doable for 2017. And the P/E of 20 is very conservative considering how many claims with future potential BMIX possesses. Add to that the upcoming hype from the penny traders who are starved for the stocks that actually have net profits, and the PPS potential here extends way beyond the $0.60 even at a maxed out A/S of 100M. This, obviously, represents a HUGE return from these levels.
2) In September 2014, Goldman Small Cap Research Report pinned a target market cap for BMIX at $25,380,000 (84.6M x $0.30).
http://www.brazil-minerals.com/wp-content/uploads/2013/02/Goldman-Small-Cap-Research-Report-BMIX.pdf
Given that the company's current OS is 26,130,923, the above market cap corresponds to a PPS of $0.97
Also, keep in mind that this target was established BEFORE all the new developments. For instance, BMIX has acquired many more property rights since then, established additional cash flow from sand and mortar sales, as well as developed several royalty-generating partnerships. So, arguably, a reasonable market cap target should be significantly higher today.
Good news is the larger Gen apparently was available and is being installed today, not next week...
Today the Company is finalizing an upgrade of the portable diesel-powered generator used for the modular plant
They did say this was happening in the 30 Jan News release...
Of note, following the reverse split,
the Board of Directors has authorized the Company to effect a needed increase in authorized shares
to replenish its reserves for issuance as compensation in lieu of cash, and for other uses; however,
no acquisitions or other such expenditures are expected in the foreseeable future.
http://www.brazil-minerals.com/wp-content/uploads/2017/01/2017.01.30-BMIX-PR.pdf
I know does not make it any easier to swallow...
I am just going to assume we have no chance against the others on this list....probably even if we did have a product. I would really dig being wrong though.
https://southgate.civicweb.net/document/60018/Biomass%20presboards%20lowrezB.pdf?handle=E978A62AF71F4269AEB783CEB1937D61