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are you sure thata is the right company?
Have you called them?
thanks I have just over 10,000 shares which is my cut off point for holding any stock at this time. SO I have it on hold.
Appreciate the update.
what is driving this gold and silvr down this jumping?
No news that I can find. Can it be just based upon AUY
that was a while back plus on July 11 there is a gap at 14.98
Thanks Bob was interesting to listen to her
Tells me this may be a couple years before productun depending upon the drilll samples they will be taking.
I am 83 so its getting a little far out for me.
Still as low as the SP is could see it easlily double but the avg vol is to light yet.
So far today $67 dollars traded plus there would be about a 10% brokeage fee given that small price and fees being
around 6-$7.
The audit is the key it should also show more as to the true value of the
mine and potentail mine holdings. If the potental value of the in the growund
product is good enough perhaps we get taken oveer by a better listed firm.
Thanks for the PM Bob as for now I'l keep this on a watch list
has very low vol. so I suspect it is to be a long term play
my guess is that IF we do get an audit and aare not qualifed for a NASDQ he will at least get itc.qb at least wiht a positive audit
showing actual earnings and allowing institutions this SP would get maybe over .50 and even over $1 to get it in line for a real try for a major lsiting
jmo
thank you that should clear up all the questions.
WIll Nils be able to pull it off even with the audit????????
looks veery iffy IMO but where there si a will there is a way.
No matter this company needs to produce an audit just to get the SP up
there are 6 requirements but the stock need not be $4 it could be $3 pr $2 but the bid must be $4
Alos there are requirements as to number of shaarholders excluding the insiders.
I don't know how to do cut and paste but go to site and look up requirements for up listing from pink sheets to NASDQ
I use Yahoo there are pages of info there also the numeber of years of profitability number of shre hodlers number of shres
etc.
it is moe than just geting the audit the Share price must rise substantially from where it is.
In most cases it needs to be $4 but in some it can be $2
and earning have to have been positive for several years
haven't seen you post recently are you ok?
yes and now its 3 years latter and its still close to completion and a RS is being planed
History does repeat doesn't it.
isn't that when they began the audit
from what you posted BMXI must have 3 years of poitive earning.
That audit better show that. Then if the market will give it a averge PE based on the audit just maybe
it can get up listed. It should have the cash to pay those fees.
where did you see they have tat many people working on the auudit?
thanks eom
I have searched and it seems they vary but company must have min of one million in earnings. Those who uplist do an offereng after they up list not before if they need funds.
what does it cost
thanks If it becomes profitable maybe GORO will spin it off like they did ftco
but GORO needs to get its earnings back to positive.
thanks If it becomes profitable maybe GORO will spin it off like they did ftco
but GORO needs to get its earnings back to positive.
the key DC Key is getting the audit and haaving positive earings so as to raise the share price high enough that we don't need to sell more sahres.
Why sell shares What will the funds be used for. IF we have positive earnings can't the earnings fund the ongoing projecct? WHat am I missing?
o great sounds like more dilusion, I doubt that will get SP high enough to upgarde to a better exchange.
Will have to see how he can make that work.
Thanks does look intereestinhg
My problem is I can't find it on Schwab
Thanks does look intereestinhg
My problem is I can't find it on Schwab
I'm sorry you took my post as threat. I was just curious if you had tured to neutral.
I have had several post about the audit. IMO this investment hinges on that audt
It will tell if we have been lied to as to the true earnings of this company. Do we or do we not
have positive earning? Without the audit who knows. These companies can post anything
when they are on these off the major exchanges.
I am holding a small position IF I see positive news about the audit and I mean the actual audit
I can add if not I have a tax loss.
I see you have removed your Bullish sign. Are you still holding. I am but nt adding like you did.
IMO there will be time eto add if we see an audit. If not I can use a tax loss sale this year
you are correct the Audit is a must and must be soon. We need to have proof that the "eranings" are actually what they say they are.
If they are proven they are close this will fly if not it will die.
I was told under the trust certain items can be used for necessites such as food health and shelter those go untaxed.
I have 3 corporations set up to hold all holdings except the home. Stock holders are family which was the original idea to traansfer
with out huge estate tax as we gifted over years. In a corp there are many ways to take out funds. Officer saary, dividends loans the laons can become the
burden of the estate which if propery planed will have less assets remainhg then the amount owed which becomes a default and therfore a tax loss for the corp.
These are what our CPA uses. Each tax year they decide how much we take and how much we borrow to keep both personal and copr taaxes lowest possib;le.
:last year corp paid 0 we did some and CCPA got $4500.
sorry aboiut double post I have a tremmor
Have you looked into forming a trust
Have you looked into forming a trust
how is using "horded cash" to buy treaury stock going to reduce the income tax when more ore is moned?
Companies buy treaury stock when they don't have any better investment to make. This si a mining company
with claims which need to be brough into production. That requires cash. When a strong comapy has cash it does not have to sell new share nor borrow
to expand production. IMO that is what managment si doing. I just wish they would move us onto a better exchange.
From your handle it indicates you are or were an oil man. I still have one oil property left in WY. I like natural resourcs
Thanks you eom
what is the backing for bitcoin, not the faith and backings of anyone sovering nation, not any precious metals, seems just the
hope and prayer of the mners who sell them, and the "investors" who think they can buy and it will go up and they can sell to another fool .
I'm with Mr BOBO we should use cash to locate and open a new mine and get onto a better exchane.
IMO the PM's will be at or near new highs by year end. To many propblems economicly world wide.
Goods and services are falling. US $$ is going to be taost especially if BRICA allows others to join and they back currency with gold.
I;m not negative just cautious. The audit is the key to getting SP up so we get onto a beter exchange.
The Audit was ti be completed over a month ago. We expected to hear about it in the CC
If not completed when is the dead line. These things do have time lines. Is the Audoor haveaing
difficulty with the book keeping method? What si the issue with SEC?
how can auditor be going back and forth with SEC? an audit is of the company's financials and shows earings losses retained earings if any
cosst of aquistion unsold product and in mining reserves with anticipated number of years of remaing production. SEC doesn't do the books or
tell them what to do just get a certified report.
what was said about the audit no audit and its going to be lights out
what time iss the CC
I sure hope so what time is the CC I have meetings I must be in