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Thanks ImOnABoat! I am honoured, so much great DD posted by you all, I am happy to contribute. $BMIX
Great DD Q7! You are exactly right my friend! You got the perfect storm here, our permits are highest possible in Brazil by the federal Gov. -you have Gold and Diamonds, (as you pointed out, a huge Diamond competitor dropping out) we step in, Our plant is said to be one of the largest in Latin America, you have Institutional Investors buying out huge chucks of shares, the float is probably locked, we have our claims and 50% of Jupiter Gold with land Seven times the size of Manhatten!
When production news hits, there will be so much fighting to get in,
it will be a fury to get in, they'll be fighting like the third monkey trying to get on Noah's Ark! $BMIX
Read- Other MM buying Gold miners; Paulson Investment Company LLC
https://www.bloomberg.com/news/articles/2018-09-21/paulson-joined-by-15-investors-in-council-to-oversee-gold-miners
After almost a year of behind-the-scenes work, billionaire hedge-fund manager John Paulson has formed a coalition with 15 other investors aimed at curbing years of what his fund has called value destruction in the gold sector.
Billionaire hedge fund magnate John Paulson is leading a consortium of investors determined to reverse the lacklustre performance of gold miners, in the latest sign of growing investor frustration with the sector.
New York hedge fund Paulson & Co, which is famed for making billions betting against subprime mortgages in the financial crisis, has put together the 16-strong group calling themselves the Shareholders’ Gold Council.
The group, which also includes Egyptian telecoms billionaire Naguib Sawiris’s La Mancha Group and a host of fund managers, says it aims to promote “best practices” in the industry.
“Its ultimate aim is to promote constructive engagement between the gold mining industry and the investment community,” the group said in a statement.
Paulson & Co. Maintains Gold Position In Q3
Today Paulson & Co. manages about $8.7 billion. In January 2010, Paulson, 62, started a fund that invested in mining companies and gold-related derivatives with about $250 million of his own money.
deleted, sorry
In case any missed my older DD post;
Here's what I have to share on one of our MM. OLMN (recent DD shows they have been adding new positions in Precious Metals/Miners, see DD below)
OLD MISSION MARKETS LLC
(OLD MISSION MARKETS LLC)
CRD#: 281867/SEC#: 8-69691
Brokerage Firm
Old Mission Markets LLC, a Delaware limited liability company (the Company),
is a registered broker-dealer engaged exclusively in firm trading on a proprietary basis for its own
account. The Company is a registered broker-dealer with the Securities and Exchange Commission
(SEC) and with the Financial Industry Regulatory Authority (FINRA), with its office of operations located in
Chicago, Illinois and New York, New York. The Company is wholly owned by Old Mission Group LLC
(Parent), and the Parent is the managing member of the Company. The Parent is a Delaware limited
liability company that is also the Parent of Old Mission Capita I LLC, Old Mission Trading LLC, Old Mission
Europe LLP, Old Mission Cayman Ltd., and Old Mission International LLC
Recent New Positions taken;
https://www.nasdaq.com/quotes/institutional-portfolio/old-mission-capital-llc-823325/new?page=2
OLD MISSION CAPITAL, LLC Information
314 W SUPERIOR, CHICAGO, Illinois, 60654, (312) 260-3031
Report Date: 03/31/2019
(here are some of the recent precious metal positions taken)
>
SPDR Gold Trust Institutional Ownership (ETF)
GLD $133.53
Rio Tinto
Mining company
Rio Tinto is an Anglo-Australian multinational and one of the world's largest metals and mining corporations.
Gold Standard Ventures Corporation Institutional Ownership
GSV $0.9876
DRDGOLD Limited
DRDGOLD Limited is a South African gold producer and a specialist in the recovery of the metal from the retreatment of surface tailings. The company is listed on the New York and Johannesburg stock exchanges.
Silvercorp Metals Inc. Institutional Ownership
SVM $2.5
-----------
This is one of our MM on BMIX. (this is one of our MM, there is another one I believe is adding too)
I told ya I believed Institutionals were buying, outside iHub money pouring in.
They have eyes on the ground in Brazil, they know what's coming $BMIX
OLMN
my guess, perhaps a couple other Institutionals.
Outside iHub money is pouring in.
Maybe they know something we don't.
$BMIX
The Company’s diamond and gold operations and properties in the Jequitinhonha Valley area of the state of Minas Gerais in Brazil are in two subsidiaries, Mineração Duas Barras Ltda. (“MDB”) and RST Recursos Minerais Ltda. (“RST”).
MDB owns a large alluvial diamond and gold processing and recovery plant, capable of processing upwards of 45 tons of gravel per hour of operation. The best information that this plant was built by South African mining engineers hired for the task and cost $2.5 million to construct. It is regarded as the largest such plant in Latin America.
MDB has title to two mineral rights. One is a mining concession for diamond, gold, and sand (discussed below). The other, physically separated, is an area for which we have submitted the application to mine. Both of the MDB mineral rights are located on the left margin of the Jequitinhonha River in the State of Minas Gerais in Brazil. The Jequitinhonha River valley is a well-known area for diamond and gold production; it has hosted alluvial production since the 18th century.
MDB’s mining concession (“Concessão de Lavra”) covers an area of 422 acres. It allows for the exploration and commercialization of diamonds, gold, and sand. Concessão de Lavra” is the highest level of mineral right in Brazil.
**BMIX owns 100% of MDB, a Brazilian producer and seller of polished and rough diamonds, gold bars, and industrial-use sand. MDB operates a fully-operational mining concession with the largest alluvial processing plant for diamonds and gold in Latin America, and has the Brazilian permit to export its production.
BMIX also owns 25% of RST Recursos Minerais, Ltda. (“RST”), a Brazilian company with 10 mining concessions and 12 other mineral rights for diamond and gold. The RST areas are located near MDB’s plant, in the Jequitinhonha River valley, a well-known area for diamonds and gold for over two centuries.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149926260
$BMIX
Brazil Minerals Inc has obtained the last necessary approval from a regulatory entity in Brazil to allow mining for gold and diamonds in one of its many Jequitinhonha River Valley mineral rights. As announced previously, a drilling campaign within this project area indicated that 35 out of 35 drills holes were positive for gold. Additionally, in a majority of such drill holes, satellite markers that indicate the likely presence of diamonds were recovered.
Marc Fogassa, CEO of Brazil Minerals, commented, “This news is timely and very well received. We have built a strong local team that is able to work diligently through complex and changing requirements for licensing and permitting for mining. It’s beginning to bear fruit and we’re not stopping here as we want to be producing revenues from multiple mining sites in due time.”
Brazil Minerals Inc (OTCMKTS: BMIX) along with its subsidiaries has a business model focused on: 1) mining specific areas for gold and diamonds, and 2) generating projects from its portfolio of high quality mineral rights for transactions leading to royalties and/or equity positions. Our first equity holdings from such strategy is a 55% ownership in Jupiter Gold Corporation (OTC: JUPGF).
The Company’s diamond and gold operations and properties in the Jequitinhonha Valley area of the state of Minas Gerais in Brazil are in two subsidiaries, Mineração Duas Barras Ltda. (“MDB”) and RST Recursos Minerais Ltda. (“RST”).
MDB owns a large alluvial diamond and gold processing and recovery plant, capable of processing upwards of 45 tons of gravel per hour of operation. The best information that this plant was built by South African mining engineers hired for the task and cost $2.5 million to construct. It is regarded as the largest such plant in Latin America.
MDB has title to two mineral rights. One is a mining concession for diamond, gold, and sand (discussed below). The other, physically separated, is an area for which we have submitted the application to mine. Both of the MDB mineral rights are located on the left margin of the Jequitinhonha River in the State of Minas Gerais in Brazil. The Jequitinhonha River valley is a well-known area for diamond and gold production; it has hosted alluvial production since the 18th century.
MDB’s mining concession (“Concessão de Lavra”) covers an area of 422 acres. It allows for the exploration and commercialization of diamonds, gold, and sand. Concessão de Lavra” is the highest level of mineral right in Brazil. MDB’s other mineral right covers an area of 982 acres. In February 2016, filed with the mining department a detailed application with technical study for commercial mining of this area. We also filed the appropriate permit with the environmental department. We are monitoring both applications.
Brazil Minerals has had its polished diamonds certified and graded at the Gemological Institute of America (“GIA”) in Carlsbad, California. The highest color grade has been “E”, the 2nd highest possible grade (the color scale starts at “D”). The best clarity has been “VVS1”, the 2nd best clarity possible. The majority of the Company’s diamonds have graded F-G for color and VVS2-VS2 for clarity, with weights between 0.4 and 2.0 carats. The Rapaport valuation of Brazil Minerals’ diamonds graded at GIA has been $3,250 per carat.
According to the Company they drilled 35 holes spaced 30 to 50 meters at one of its several mineral rights in the Jequitinhonha River Valley located in the northern part of the state of Minas Gerais in Brazil and the holes were positive for fine gold as observed by the drilling team, with samples collected for quantitative geochemical analysis. The average depth for the auriferous gravel layer was 8 meters and with a thickness between 1.5 to 9.3 meters.
----------
**BMIX owns 100% of MDB, a Brazilian producer and seller of polished and rough diamonds, gold bars, and industrial-use sand. MDB operates a fully-operational mining concession with the largest alluvial processing plant for diamonds and gold in Latin America, and has the Brazilian permit to export its production.
BMIX also owns 25% of RST Recursos Minerais, Ltda. (“RST”), a Brazilian company with 10 mining concessions and 12 other mineral rights for diamond and gold. The RST areas are located near MDB’s plant, in the Jequitinhonha River valley, a well-known area for diamonds and gold for over two centuries.
Our CEO is one smart man! All should read this:
Dr. Marc Fogassa, the CEO of Hedgefort, a global investment firm, has twenty-two years of investing experience. Born in Brazil, he graduated valedictorian in a high school class of approximately 600 students in Sao Paulo, Brazil and was able to attend college in the United States. Dr. Fogassa graduated from the Massachusetts Institute of Technology (MIT) in 1990 with two Bachelor of Science degrees, one in Electrical Engineering and another in Biology. At MIT, he was elected to honor societies Tau Beta Pi, Eta Kappa Nu, and Sigma Xi. For graduate education, he received a Doctor of Medicine degree from Harvard Medical School in 1995, and a Master in Business Administration from Harvard Business School in 1999. Prior to attending business school, Dr. Fogassa worked as an associate with Goldman, Sachs & Co in 1997.
Dr. Fogassa has seven years of experience investing in smaller companies as part of private equity and venture capital partnerships. From 1998 to 2000, Dr. Fogassa was with Atlas Venture. In 2000-2001, Dr. Fogassa founded and helped raised capital for Spring Wireless, a data networking company in Latin America. From 2000 to 2005, Dr. Fogassa was a Principal at Axiom Venture Partners. From 2005 to 2006, Dr. Fogassa was Portfolio Manager at Blue Fox Investment Adviser working solely with securities in the health care sector.
Dr. Fogassa founded Hedgefort Capital Management LLC and spent 18 months developing quantitative algorithms for systematic investment and risk management that Hedgefort utilizes on a proprietary basis. He manages the Hedgefort Brazil Fund LP, which has outperformed an index of Brazilian hedge funds by 38% and the S&P500 by 52% since its inception on 1-March-2008. The strategic focus of the Fund is the ongoing growth of the local middle class in Brazil; it is a long/short fund and primarily invests in mid-caps and small-caps that only trade locally in Brazil.
Dr. Fogassa is a dual U.S. and Brazilian citizen, and fluent in English and Portuguese. He holds the Series 65 NASD license.
http://visionamericas.com/meet-our-team/associates/marc-fogassa/
-----------
https://www.bloomberg.com/profile/person/16957252?cic_redirect=true
Marc Fogassa
Chairman/CEO, Brazil Minerals Inc
CURRENT POSITION
Chairman/CEO, Brazil Minerals Inc
TENURE AT CURRENT POSITION
07/2016–PRESENT
PREVIOUS POSITION
Managing Partner/Founder, Hedgefort Capital Management LLC
EDUCATION
Massachusetts Institute of Technology
Harvard Business School
BOARD MEMBERSHIPS
Brazil Minerals Inc
Achillion Pharmaceuticals Inc
INDUSTRY
Metals & Mining
Board Memberships
TITLE
COMPANY
TENURE
Chairman
Brazil Minerals Inc
02/2013–PRESENT
Board Member
Achillion Pharmaceuticals Inc
FORMER
Chairman
Jupiter Gold Corp
07/2016–PRESENT
Career History
TITLE
COMPANY
TENURE
Chairman/CEO/CFO
Jupiter Gold Corp
07/2016–PRESENT
Managing Partner/Founder
Hedgefort Capital Management LLC
PRESENT
Chairman/CEO
Brazil Minerals Inc
PRESENT
Education
DEGREE
INSTITUTION
GRADUATED
Massachusetts Institute of Technology
MBA
Harvard Business School
MD
Harvard Medical School
--------------
Marc Fogassa
Chairman and CEO at Jupiter Gold (OTC: JUPGF) and Brazil Minerals (OTC: BMIX)
https://www.linkedin.com/in/marcfogassa
Yes, I see what you mean. I usually don't make predictions but this is just because we don't like to set marks to miss, not out of superstition though. This has so much potential, it will be a joy to watch unfold.
Anything is possible, the CEO is a very smart guy, he has been working doing this (collecting valuable lands) the size we hold are very large, (the 50% of Gold we get and 100% of diamonds on Jupiter Gold those claims are 7x times the size of Manhatten) look at who is around us, large miners and what they pull.
The small float here, crazy stuff can happen.
But some step over diamonds never see the shine until others point it out.
Some will buy, others won't.
I hate to make predictions,but for my own valuation,
so many variables, will there be a joint ventures? partnerships? buyout? but with all the metals/ precious metals, new laws in Brazil favorable to us, diamonds other gems..
and a low float and some Institutional buying. I'm going estimate by end Sept .30 (but could be .67)
Call me crazy, but that is my guess. .30 by Sept 30
into the next year with great production, over a dollar+
You know the old saying "You can lead the horse to water but you can't make him drink" There has been some great DD posted, (BMIX has been selling diamonds since 2013) the float is probably locked up or close to be soon, next week or so production should be announced, OLMN and another or two will keep appearing on L2 buying, so all will unfold just fine
Yes, very true. Win, Win! $BMIX
Big DD Package, All in one!
There are 2x (Two) Institutional Investors on BMIX, they know potential and they're buying.
The huge spike at the close (imo) you could see some where desperate to get in before Monday.
BMIX owns 49% of Jupiter Gold, (Jupiter Gold owns 100% of six gold projects, 100% of a gold/palladium/platinum project, and 100% of a manganese project, all totaling an aggregate of 101,366 acres (for comparison: almost seven times the size of the island of Manhattan).
(“Brazil Minerals”) is expected to begin production in the third quarter of 2019. The Company’s gold recovery plant will be utilized in operations and Jupiter Gold will receive a 50% royalty on gold revenues. Brazil Minerals will retain the other 50% as well as 100% of diamond revenues.)
Brazil Minerals drilled 35 holes spaced 30 to 50 meters apart, and all of the drill holes were positive for fine gold, the company states. Further analysis of the results and inspection of collected samples indicate there is a diamond-rich zone in the area as well. Satellite markers for diamonds, such as limonite, rutilite and tourmalinite, among others, were observed in all samples recovered within this diamond-rich zone. The area where this mineral right is located has been a well-known source of gem-quality alluvial diamonds for over two centuries. In January of this year, it entered into a joint venture concerning primary diamond sources in Brazil to be developed by Artemis Diamond Corporation, a diamond-focused company. The areas announced here contain 92,961 acres and thirteen known kimberlites and the project is in the late stage of permitting with the Brazilian national mining department after diamonds were confirmed.
Brazil Minerals has assembled a robust team of geologists, mining engineers and other local experts with trained eyes for seeking out opportunities and filtering projects.
The Company has been bulking up on its mineral bank of high quality properties – currently encompassing mineral rights for diamond, gold, manganese, industrial sand – because of what it sees as a near inexhaustible demand for quality gems, precious metals and commodity mineral supplies on a global basis.
Brazil Minerals, Inc., through its subsidiaries, mines and sells mineral properties in Brazil. It owns 31 mineral rights for gold, diamonds, cobalt, copper, lithium, manganese, nickel, sand, granite, and feldspar, as well as precious gems, such as aquamarine, beryl, and tourmaline.
Brazil Minerals, through subsidiaries, has 31 mineral rights for diamond, gold, and sand, on and near the margins of the Jequitinhonha River in the state of Minas Gerais in Brazil. The Jequitinhonha River valley is a well-known area for diamond and gold production; it has hosted alluvial production since the 18th century.
One of our mineral rights, covering 422 acres, is called "Duas Barras", a mining concession for diamond, gold and sand.Our concession, awarded by the Brazilian federal government through the Brazilian mining department, is the highest level of mineral right in Brazil. It permits us to mine in perpetuity provided that environmental licenses are kept current and that mining guidelines are followed
----------
Here's what I have to share on one of our MM. OLMN (recent DD shows they have been adding new positions in Precious Metals/Miners, see DD below)
OLD MISSION MARKETS LLC
(OLD MISSION MARKETS LLC)
CRD#: 281867/SEC#: 8-69691
Brokerage Firm
Old Mission Markets LLC, a Delaware limited liability company (the Company),
is a registered broker-dealer engaged exclusively in firm trading on a proprietary basis for its own
account. The Company is a registered broker-dealer with the Securities and Exchange Commission
(SEC) and with the Financial Industry Regulatory Authority (FINRA), with its office of operations located in
Chicago, Illinois and New York, New York. The Company is wholly owned by Old Mission Group LLC
(Parent), and the Parent is the managing member of the Company. The Parent is a Delaware limited
liability company that is also the Parent of Old Mission Capita I LLC, Old Mission Trading LLC, Old Mission
Europe LLP, Old Mission Cayman Ltd., and Old Mission International LLC
Recent New Positions taken;
https://www.nasdaq.com/quotes/institutional-portfolio/old-mission-capital-llc-823325/new?page=2
OLD MISSION CAPITAL, LLC Information
314 W SUPERIOR, CHICAGO, Illinois, 60654, (312) 260-3031
Report Date: 03/31/2019
(here are some of the recent precious metal positions taken)
>
SPDR Gold Trust Institutional Ownership (ETF)
GLD $133.53
Rio Tinto
Mining company
Rio Tinto is an Anglo-Australian multinational and one of the world's largest metals and mining corporations.
Gold Standard Ventures Corporation Institutional Ownership
GSV $0.9876
DRDGOLD Limited
DRDGOLD Limited is a South African gold producer and a specialist in the recovery of the metal from the retreatment of surface tailings. The company is listed on the New York and Johannesburg stock exchanges.
Silvercorp Metals Inc. Institutional Ownership
SVM $2.5
OLMN- This is one of our MM on BMIX. (this is the DD I have on this one, there is another large MM on BMIX also)
-----------
Brazil will be the place 2019, read these;
Brazilian Diamond Conference Generating International Interest
MINING AND EXPLORATION27/09/2018
“the purpose of this conference is to highlight the immense diamond potential of Brazil."
"Brazil as a prospective area for diamond exploration. There is an industry waiting to be developed here,"
https://www.thediamondloupe.com/mining-and-exploration/2018-09-27/brazilian-diamond-conference-generating
Brazil changes rules – Mining investor big winners
First Macro Capital | July 16, 2018
“Brazil is opening up its markets and there are many opportunities,” Andre Clark, head of Siemens in Brazil.
“The objective of the measure is to attract new investments, generating wealth for the country and employment and income for society, always based on the precepts of sustainability,” the Brazil ministry said in a statement.
“With this (decree), we will ensure our attractiveness to foreign capital,” the second source said. “There will be the legal security necessary for people to invest in Brazil.” (Reuters)
" Brazil has the potential in the coming natural resource boom to be a big winner again for investors"
These new mining policies have a high probability of improving investor sentiment of Brazil.
Government policies can pull or push away investment, and these new changes will pull in investment into Brazil, particularly as the commodity cycle unfolds.In turn, new job opportunities will open up in Brazil’s mining sector.
Bloomberg Interview with Mark Mobius – July 11, 2018
Host: “Do we know enough who the winners might be in your view?”
Mobius: “In our view, in terms of the emerging markets, some of the most interesting now because of their tremendous decline in the currencies and markets, would be Brazil.
Brazil is the #1 producer in niobium, 2nd largest producer of iron ore and manganese, as part of the almost 80 mineral commodities that Brazil produces. The big winners will be on gold and copper investment
Smart money is already deploying capital in the country, and those investors that are willing to take a multi-year view on Brazil; mining in Brazil has the potential to eclipse what it did in the last cycle because of these new policy changes. Copper and gold projects will be some of the big winners, particularly as electric vehicle demand grows.
https://www.mining.com/web/brazil-changes-rules-mining-investor-big-winners/
World Gold Council expects metal demand, prices to stay strong
July 11, 2019 | 6:38 am https://www.mining.com/world-gold-council-expects-metal-demand-prices-to-stay-strong/
In its mid-year gold outlook for 2019, the industry body says that price momentum (gold is up 11% so far this year) and structural economic reforms in India and China will also be key drivers of demand for the precious metal.
-----------
----------
After all the DD to buy or not is up to you, but others will buy. Institutionals know what's up here.
$BMIX
If one is looking for a reason not to invest here, than don't.
Regarding BMIX, it is not our duty to assuage worried feelings.
I know this, many will be surprised to learn who is buying here.
Institutional buyers are here, if there was any BS they'd already know and the pps surge wopuld not be here.
Much of this buying is not iHub money.
$BMIX
You know what, anything can happen. If one read the DD that many have posted, absorb what the DD says, what the values are in mining in Brazil, the new laws etc. Then yes, anything can happen.
If people don't believe it, fine. Just sit back and watch what unfolds.
But there was a shrimp company I was in at .05 that ran to .90 (I had .05)
I was in a MJ stock that went from .004 to $3.20 (I had .004)
The first and most money I ever made was in mining. (and it was in S.America as ironic as it is)
The unknown variables will there be a joint venture on claims? Will large funds or brokers take larger positions in this> Will in time they have a buy out offer? Who knows..but anything can (and does) Happen.
Thanks ImOnABoat, I appreciate it. I really like all the DD you and others have posted. I wanted to help out with what I found. I think that fury of buying to get in end of Friday was telling. $BMIX
Why this can go parabolic
Very Low Float (odds are float is locked up)
You have 2x Institutional Investors on BMIX (OLMN and another)
The Company is wholly owned by Old Mission Group LLC
(Parent), and the Parent is the managing member of the Company. The Parent is a Delaware limited
liability company that is also the Parent of Old Mission Capita I LLC, Old Mission Trading LLC, Old Mission
Europe LLP, Old Mission Cayman Ltd., and Old Mission International LLC
since 03/31/2019 OLMN added below precious metal positions to their portfolio
(here are some of the recent precious metal positions taken by OLMN)
>
SPDR Gold Trust Institutional Ownership (ETF)
GLD $133.53
Rio Tinto
Mining company
Rio Tinto is an Anglo-Australian multinational and one of the world's largest metals and mining corporations.
Gold Standard Ventures Corporation Institutional Ownership
GSV $0.9876
DRDGOLD Limited
DRDGOLD Limited is a South African gold producer and a specialist in the recovery of the metal from the retreatment of surface tailings. The company is listed on the New York and Johannesburg stock exchanges.
Silvercorp Metals Inc. Institutional Ownership
SVM $2.5
(at least Five precious metal stocks and they are a MM on BMIX)
----
OLMN I'd estimate from what I've seen OLMN value $600 to $800 Million
-----
Production for BMIX slated to begin 3Q, any week (even next week or so)
----
One of our mineral rights, covering 422 acres, is called "Duas Barras", a mining concession for diamond, gold and sand.Our concession, awarded by the Brazilian federal government through the Brazilian mining department, is the highest level of mineral right in Brazil. It permits us to mine in perpetuity provided that environmental licenses are kept current and that mining guidelines are followed
^ Think on that, "One" of our mineral rights awarded by the Brazilian federal government through the Brazilian mining department is the highest level of mineral right in Brazil.
It permits us to mine in perpetuity (that means we can mine as long as we want with no end date)
----
to re-cap;
Very low float
A Couple Institutional brokers on BMIX
Production to begin any time
Mineral rights and one mineral right awarded at the highest level of mineral rights in Brazil.
all equals, parabolic
The mining industry has significant relevance to the Brazilian economy, accounting for approximately 4.2 per cent of Brazilian GDP in 2016 (the most up-to-date official data available). Since 2006, mineral exploitation has increased, reaching its production peak in 2011 with approximately US$53 billion generated in proceeds from mining activities.
That was $53 Billion generated peak production.
------------
BMIX has 49% of Jupiter Gold (Jupiter has claims Seven times (7x) the size of Manhatten.
And BMIX gets half the gold and 100% of all Diamonds.
Plus BMIX own claims to mine.
------------
The target area which was studied in this drilling campaign is an alluvial plain along the Jequitinhonha River, an area known for placer mining for gold and diamonds. Marc Fogassa, CEO of the Company, commented, "Finding gold in 35 out of 35 drill holes is a strong result. We focused our drilling campaign in a virgin area that was relatively close to old settler activity which is usually an effective marker. Most importantly, we have been able to acquire critical data to guide us in the forthcoming mining site planning and development."
BMIX Mineral Bank: Gold: 119,989 acres
Diamond (kimberlites): 92,961 acres
Diamond (alluvial): 27,612 acres
Cobalt/Copper/Nickel: 5,011 acres
Iron/Titanium/Vanadium: 4,938 acres
Lithium: 288 acres
Manganese: 4,970 acres
Aquamarine/Beryl/Tourmaline: 288 acres
Sand (construction industry): 4,995 acres
Brazil Minerals, Inc. BMIX, along with its subsidiaries has a business model focused on: 1) mining specific areas for gold and diamonds, and 2) generating projects from its portfolio of high quality mineral rights for transactions leading to royalties and/or equity positions. Our first equity holdings from such strategy is a 55% ownership in Jupiter Gold Corporation
Thanks Q7, I appreciate that.
I think the fury to get in at the close (by some entity(ies) can be very telling for next week.
$BMIX
Thanks ed66, I'm happy to be here. $BMIX
Brazil will be the place 2019, read these;
Brazilian Diamond Conference Generating International Interest
MINING AND EXPLORATION27/09/2018
“the purpose of this conference is to highlight the immense diamond potential of Brazil."
"Brazil as a prospective area for diamond exploration. There is an industry waiting to be developed here,"
https://www.thediamondloupe.com/mining-and-exploration/2018-09-27/brazilian-diamond-conference-generating
Brazil changes rules – Mining investor big winners
First Macro Capital | July 16, 2018
“Brazil is opening up its markets and there are many opportunities,” Andre Clark, head of Siemens in Brazil.
“The objective of the measure is to attract new investments, generating wealth for the country and employment and income for society, always based on the precepts of sustainability,” the Brazil ministry said in a statement.
“With this (decree), we will ensure our attractiveness to foreign capital,” the second source said. “There will be the legal security necessary for people to invest in Brazil.” (Reuters)
" Brazil has the potential in the coming natural resource boom to be a big winner again for investors"
These new mining policies have a high probability of improving investor sentiment of Brazil.
Government policies can pull or push away investment, and these new changes will pull in investment into Brazil, particularly as the commodity cycle unfolds.In turn, new job opportunities will open up in Brazil’s mining sector.
Bloomberg Interview with Mark Mobius – July 11, 2018
Host: “Do we know enough who the winners might be in your view?”
Mobius: “In our view, in terms of the emerging markets, some of the most interesting now because of their tremendous decline in the currencies and markets, would be Brazil.
Brazil is the #1 producer in niobium, 2nd largest producer of iron ore and manganese, as part of the almost 80 mineral commodities that Brazil produces. The big winners will be on gold and copper investment
Smart money is already deploying capital in the country, and those investors that are willing to take a multi-year view on Brazil; mining in Brazil has the potential to eclipse what it did in the last cycle because of these new policy changes. Copper and gold projects will be some of the big winners, particularly as electric vehicle demand grows.
https://www.mining.com/web/brazil-changes-rules-mining-investor-big-winners/
World Gold Council expects metal demand, prices to stay strong
July 11, 2019 | 6:38 am https://www.mining.com/world-gold-council-expects-metal-demand-prices-to-stay-strong/
In its mid-year gold outlook for 2019, the industry body says that price momentum (gold is up 11% so far this year) and structural economic reforms in India and China will also be key drivers of demand for the precious metal.
$BMIX
Thanks Q7, Here's what I have to share on one of our MM. OLMN (recent DD shows they have been adding new positions in Precious Metals/Miners, see DD below)
OLD MISSION MARKETS LLC
(OLD MISSION MARKETS LLC)
CRD#: 281867/SEC#: 8-69691
Brokerage Firm
Old Mission Markets LLC, a Delaware limited liability company (the Company),
is a registered broker-dealer engaged exclusively in firm trading on a proprietary basis for its own
account. The Company is a registered broker-dealer with the Securities and Exchange Commission
(SEC) and with the Financial Industry Regulatory Authority (FINRA), with its office of operations located in
Chicago, Illinois and New York, New York. The Company is wholly owned by Old Mission Group LLC
(Parent), and the Parent is the managing member of the Company. The Parent is a Delaware limited
liability company that is also the Parent of Old Mission Capita I LLC, Old Mission Trading LLC, Old Mission
Europe LLP, Old Mission Cayman Ltd., and Old Mission International LLC
Recent New Positions taken;
https://www.nasdaq.com/quotes/institutional-portfolio/old-mission-capital-llc-823325/new?page=2
OLD MISSION CAPITAL, LLC Information
314 W SUPERIOR, CHICAGO, Illinois, 60654, (312) 260-3031
Report Date: 03/31/2019
(here are some of the recent precious metal positions taken)
>
SPDR Gold Trust Institutional Ownership (ETF)
GLD $133.53
Rio Tinto
Mining company
Rio Tinto is an Anglo-Australian multinational and one of the world's largest metals and mining corporations.
Gold Standard Ventures Corporation Institutional Ownership
GSV $0.9876
DRDGOLD Limited
DRDGOLD Limited is a South African gold producer and a specialist in the recovery of the metal from the retreatment of surface tailings. The company is listed on the New York and Johannesburg stock exchanges.
Silvercorp Metals Inc. Institutional Ownership
SVM $2.5
-----------
This is one of our MM on BMIX. (this is the DD I have on this one, there is another large MM on BMIX also)
they seem to know whats coming..
I usually don't post but wanted to say, people will do what they want. Who shows up shouldn't matter here. DD matters. There are 2x (Two) Institutional Investors on BMIX, they know potential and they're buying.
The huge spike at the close (imo) you could see some where desperate to get in before Monday.
BMIX owns 49% of Jupiter Gold, (Jupiter Gold owns 100% of six gold projects, 100% of a gold/palladium/platinum project, and 100% of a manganese project, all totaling an aggregate of 101,366 acres (for comparison: almost seven times the size of the island of Manhattan).
(“Brazil Minerals”) is expected to begin production in the third quarter of 2019. The Company’s gold recovery plant will be utilized in operations and Jupiter Gold will receive a 50% royalty on gold revenues. Brazil Minerals will retain the other 50% as well as 100% of diamond revenues.)
Brazil Minerals drilled 35 holes spaced 30 to 50 meters apart, and all of the drill holes were positive for fine gold, the company states. Further analysis of the results and inspection of collected samples indicate there is a diamond-rich zone in the area as well. Satellite markers for diamonds, such as limonite, rutilite and tourmalinite, among others, were observed in all samples recovered within this diamond-rich zone. The area where this mineral right is located has been a well-known source of gem-quality alluvial diamonds for over two centuries. In January of this year, it entered into a joint venture concerning primary diamond sources in Brazil to be developed by Artemis Diamond Corporation, a diamond-focused company. The areas announced here contain 92,961 acres and thirteen known kimberlites and the project is in the late stage of permitting with the Brazilian national mining department after diamonds were confirmed.
Brazil Minerals has assembled a robust team of geologists, mining engineers and other local experts with trained eyes for seeking out opportunities and filtering projects.
The Company has been bulking up on its mineral bank of high quality properties – currently encompassing mineral rights for diamond, gold, manganese, industrial sand – because of what it sees as a near inexhaustible demand for quality gems, precious metals and commodity mineral supplies on a global basis.
Brazil Minerals, Inc., through its subsidiaries, mines and sells mineral properties in Brazil. It owns 31 mineral rights for gold, diamonds, cobalt, copper, lithium, manganese, nickel, sand, granite, and feldspar, as well as precious gems, such as aquamarine, beryl, and tourmaline.
Brazil Minerals, through subsidiaries, has 31 mineral rights for diamond, gold, and sand, on and near the margins of the Jequitinhonha River in the state of Minas Gerais in Brazil. The Jequitinhonha River valley is a well-known area for diamond and gold production; it has hosted alluvial production since the 18th century.
One of our mineral rights, covering 422 acres, is called "Duas Barras", a mining concession for diamond, gold and sand.Our concession, awarded by the Brazilian federal government through the Brazilian mining department, is the highest level of mineral right in Brazil. It permits us to mine in perpetuity provided that environmental licenses are kept current and that mining guidelines are followed
If they have revs for years why don't they pay the $25,000 owed to Quality Green, and the $50,000 to Steve McMorrow.
Alos its BLDV lack of money that lost them, AMS, Eltron (no PAA generator) lack of funds to pay for the Quality Green build out.
Yes, also his LinkedIn has nothing about BLDV. why?
Great! So then maybe he/BLDV can pay the $25,000 back they owe to Quality Green and the $50,000 they owe poor Steve McMorrow for 18 months
BLDV are fun to look back at; let's play;
Remember the hyped and touted AMS to drive pps up? Apr 20, 2017 https://finance.yahoo.com/news/blue-diamond-ventures-inc-launches-140000479.html
Here's another fun one;
https://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=27854
BLDV Secures Funding for Core Projects
October 23, 2017
^You'll note in that filing MOST are now GONE, the Vodka, the Betty Bot, Real Estate projects, Cann10, Cannabis Clean gone..McMorrow gone, Quality Green, gone. etc..
https://www.globenewswire.com/news-release/2017/10/30/1246817/0/en/BLDV-Client-Quality-Green-Inc-Secures-Licensed-Producer-Status.html
^They never "built" // BLDV Client, Quality Green Inc., Secures Licensed Producer Status
Blue Diamond Ventures, Inc. moves forward with $1mm USD Funding for New Facility
https://markets.businessinsider.com/news/stocks/bldv-acquires-25-of-cann10-north-america-holdings-ltd-blue-diamond-ventures-inc-ceo-josh-alper-appointed-to-board-of-directors-1011743907
Dec 21,2017 BLDV Acquires 25% of Cann10 North America Holdings Ltd.Blue Diamond Ventures Inc. CEO Josh Alper appointed to Board of Directors <- another fail, way to go Alper
Do you see the trend here? Alper's PR never come true.
Why would Dharma Pharmaceuticals need BLDV?
So the Billionaire coal boys just couldn't find better than "fake it till ya make it" Alper?
All this is an enigma wrapped in a mystery like strings of a spider web!
Question; Why would Dharma Pharmaceuticals be a "client" of one man show BLDV?
For the Israeli cannabis technology thru Cann10? Problem is Cann10 is gone from BLDV or they'd not have given the 700 Million shares back.
So again, what does BLDV have that benefits the billionaire coal boys, Dharma Pharmaceuticals ?
What does BLDV/Alper have that H360 would need to benefit without Alper?
What does Cann10 need Alper for? Cann10 is a wealthy company.
What does Dharma Pharmaceuticals need Alper for?
It all doesn't add up or makes sense, so I don't believe anything Alper says anymore.
Wow, down again -50% will the SEC shut this POS down? hopefully!
We haven't heard any bad news? We LOST Cann10 (they gave back 700MM shares) all we heard was bad news.
Alper hasn't said anything, that's the problem.
I have zero faith we see .005
In good conciense I cannot hype this dysfunction turd to newbs, How many billion shares outstanding now? With less sub companies than they used to have
True. People should look at iHub "Cannabis Stocks" it is dead flat and mostly Red on 90%, as I said, Cannabis trend is fading, Alper squandered last 3 yrs, Cannabis is not so hot anymore. The bloom is of the rose.
You know what Alpers biggest sin is (beyond being incompetent) is he squandered our time. In case many don't know, the "cbd" "cannabis" "mj" stuff has really cooled off! Trend come and go and we missed out back THEN.
During the AMS time we were hot, Alper wasted it.
The Canada being Legal, we missed it!
The biggest play California going Legal, we missed it!
These we can never get back, and as I said ..look around the whole "cbd/cannabis/mj" thing is cooled and other hotter areas coming on.
Wow, these two guys are perfect together, both can't do simple submittings.
The real question is, what does "fake til ya make it" Alper do all day?
He can't be working as he misses deadlines, filings, simple submittings, losing potentially profitable companies,
owing people money.
So what does he do all day? BLDV is a one man company.