... it's a big blue watery road ...
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Slow but steady progress…
BMIX
crickets
Better than nothing, but nothing is happening here until the news flow resumes.
JUPGF
$179 worth of trade causes 60% green paint haha.
JUPGF
This will tread water until some meaningful news.
BMIX
Finally at least some volume…
Nice EOD action today.
Holding steady, just need good news to kick off some volume.
Lithium potential is huge with BMIX.
Hopefully some news soon.
Excellent news.
Brazil Minerals Uplists to OTCQB
Belo Horizonte, Brazil--(Newsfile Corp. - June 1, 2021) - Brazil Minerals, Inc. (BMIX-OLD) (OTCQB: BMIX) (the "Company" or "Brazil Minerals"), the Strategic Mineral Resources Company for the Green Energy Revolution, is pleased to announce that as of today its common shares have moved up from OTC Pink and are now traded in the OTCQB® Venture Market (the "OTCQB") operated by OTC Markets Group, Inc. (OTCM)
Marc Fogassa, Chairman and CEO of Brazil Minerals, commented, "Moving up to OTCQB is a highly significant milestone and we are very honored that our application was approved. In the last several months, we have substantially strengthened our asset base with projects in critical strategic minerals, including hard-rock lithium. Additionally, we have significantly strengthened our balance sheet by eliminating all third-party convertible debt. We look forward to continued momentum going forward."
https://seekingalpha.com/pr/18339603-brazil-minerals-uplists-to-otcqb
Brazil Minerals Uplists to OTCQB
Belo Horizonte, Brazil--(Newsfile Corp. - June 1, 2021) - Brazil Minerals, Inc. (BMIX-OLD) (OTCQB: BMIX) (the "Company" or "Brazil Minerals"), the Strategic Mineral Resources Company for the Green Energy Revolution, is pleased to announce that as of today its common shares have moved up from OTC Pink and are now traded in the OTCQB® Venture Market (the "OTCQB") operated by OTC Markets Group, Inc. (OTCM)
Marc Fogassa, Chairman and CEO of Brazil Minerals, commented, "Moving up to OTCQB is a highly significant milestone and we are very honored that our application was approved. In the last several months, we have substantially strengthened our asset base with projects in critical strategic minerals, including hard-rock lithium. Additionally, we have significantly strengthened our balance sheet by eliminating all third-party convertible debt. We look forward to continued momentum going forward."
https://seekingalpha.com/pr/18339603-brazil-minerals-uplists-to-otcqb
https://finance.yahoo.com/news/brazil-minerals-extinguishes-last-convertible-122400532.html
No more convertible debt for BMIX.
Excellent news for BMIX today.
This is huge news for BMIX - puts this penny stock in the league of its own!
BMIX
This is getting annoying, isn’t it.
Wow, somebody is dumping JUPGF today.
Penny stocks live and die by their PRs and constant news flow... Once updates stop, people start selling out to move funds to a “hotter” plays instead.
Well, somebody has gotten tired of waiting for the developments - 20K shares dumped at the bid...
Brazil Minerals Begins Drilling Iron Project in Top Mining District
https://finance.yahoo.com/news/brazil-minerals-begins-drilling-iron-134100425.html
Brazil Minerals Begins Drilling Iron Project in Top Mining District
https://finance.yahoo.com/news/brazil-minerals-begins-drilling-iron-134100425.html
This is excellent news! Essentially, the plague of the penny stock world, the toxic convertible debt, will never be the issue here again - via formal bylaws!
BMIX
Today’s news from BMIX exert confidence in the future for both companies...
BRAZIL MINERALS STRENGTHENS ITS BALANCE SHEET
BELO HORIZONTE, BRAZIL--(April 12, 2021) - Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals"), the Strategic Mineral Resources Company for the Green Energy Revolution, is pleased to announce that its Board of Directors amended the Bylaws of the Company with the addition of a new article which specifically prohibits Brazil Minerals from issuing any convertible debt that has a downward convertible price adjustment.
Marc Fogassa, CEO of the Company, commented, “We are close to eliminating all third-party convertible debt in the Company. It was used when other options were nonexistent. The change in Bylaws announced today ensures that once such debt is removed, it will never be used again.”
As announced on its latest Annual Report on Form 10-K, the Company has provided a 60-day mandatory redemption notice to a private trust which holds a convertible note in the original principal amount of $244,000 and such note will be repurchased in May 2021. Thereafter, the only remaining third-party debt with convertible features will be a $270,000 note which is current and has a maturity date in January 2025.
Interesting observation, aqfl. I will have to look further into it to clarify.
BMIX
We might hit the records volume today, the way it looks. The revenue is as close as ever and the company has no debt!
JUPGF
Agreed! Jupiter is popping today!
Jupiter Gold Reports Strong Quartzite Results from Drilling
Belo Horizonte, Brazil--(Newsfile Corp. - March 22, 2021) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or the "Company") announced today that it had successfully completed exploratory drilling of part of its 100%-owned Quartzite Project in the state of Minas Gerais. A drilling company with experience in quartzite drilled 4 holes separated by 50 meters each and with depths up to 15 meters. High-quality, commercial-grade quartzite was observed throughout the samples collected. The information obtained will permit the Company to finalize its initial mine license application. Photos of samples retrieved are attached to this release.
In 2020, while researching one of its mineral rights in Minas Gerais, Jupiter Gold's technical team discovered four nearby quartzite deposits, a mineral which is highly sought after for kitchen countertops, tiles, and other architectural applications; Brazil is a leading global exporter. Preliminary calculations indicate a potential aggregate of 3.7 million tons of quartzite in Jupiter Gold's Quartzite Project with an expected revenue to the Company of $1,800 to $2,000 per cubic meter sold. The Company anticipates a profitable operation of its Quartzite Project that could last a decade or more at net margins of 60% or more.
https://www.newsfilecorp.com/release/78148/Jupiter-Gold-Reports-Strong-Quartzite-Results-from-Drilling
Jupiter Gold Reports Strong Quartzite Results from Drilling
Belo Horizonte, Brazil--(Newsfile Corp. - March 22, 2021) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or the "Company") announced today that it had successfully completed exploratory drilling of part of its 100%-owned Quartzite Project in the state of Minas Gerais. A drilling company with experience in quartzite drilled 4 holes separated by 50 meters each and with depths up to 15 meters. High-quality, commercial-grade quartzite was observed throughout the samples collected. The information obtained will permit the Company to finalize its initial mine license application. Photos of samples retrieved are attached to this release.
In 2020, while researching one of its mineral rights in Minas Gerais, Jupiter Gold's technical team discovered four nearby quartzite deposits, a mineral which is highly sought after for kitchen countertops, tiles, and other architectural applications; Brazil is a leading global exporter. Preliminary calculations indicate a potential aggregate of 3.7 million tons of quartzite in Jupiter Gold's Quartzite Project with an expected revenue to the Company of $1,800 to $2,000 per cubic meter sold. The Company anticipates a profitable operation of its Quartzite Project that could last a decade or more at net margins of 60% or more.
https://www.newsfilecorp.com/release/78148/Jupiter-Gold-Reports-Strong-Quartzite-Results-from-Drilling
I thought it was actual production and revenue, not just permits.
BMIX is soon to be trading on OTCQB. This is pretty good for a stock that was trading in the trips just a couple months back.
BMIX
Holding steady... Just waiting for news...
JUPGF
No news causes the momentum to cool... Hopefully, new developments announced soon,