Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We be churning shaking out scared money. I'm hoping for a low volume day with a close in mid 40's today, and mid 50's on Mon. Then BAMMM!!! stock EXPLODES UP to $4 - $8 by end of next week.
I listened to the 8/8 Shareholder Conference Call. The CEO seemed rather confident of the stock price reaching $3+ and applying to NYSE/Amex exchange in the Oct- Dec timeframe
Thanks Topgun21. Most kind of you. No. 131 for you
Top 3 on most actives. We are on radars
I saw that at .276. LOL. Fundamentally, $BMXI is worth minimum of 10x from current levels.
Nice post brother
BMXI chart is curling up. Tomorrow and all of next week are going to be amazing. $4 - $8 in the next six trading days?
Good chance. The 'mother of all short squeezes' is upon us.
#MOASS
JMO
This past hour BMXI ran from 25 - 26 to low 30's and confirms IMO the float is locked. I expect a few breakaway gaps in the next several days to $1.00 - $1.50.
JMO
With NYSE Tier 2 up listing, tutes will be able to buy. They will do fundamental analysis and valuation. Heck, we might even get a write up by a major institution with a "BUY" recommendation and a price target. All of that will further legitimize what we already know now.
JMO
By lowering AS to 100M, management is instilling investor confidence and will create a massive short squeeze. This squeeze will coincide with a future event such as the completion of 3 year PCAOB audit and confirmation of $BMXI filing to up list to the NYSE Tier 2 exchange.
JMO
Breakaway gap starting tomorrow morning at 9:30 AM. JMO
BMXI $0.28 HOD
FOMO starting this afternoon. LOL
We are revising the authorised capital. The approximate number should be 100 million. We will keep the community updated.
After listening to our investor community we are revising the authorised capital. The approximate number should be 100 million. We will keep the community updated. Thank you for your support. $BMXI
— Brookmount Gold (@brookmountgold) August 18, 2022
Thanks for the GREAT news. Sounds like a done deal.
When you factor in future fundamentals, I have a $10+ target and when we uplist to NYSE Tier 2 and benefit by multiples expanding (ie. PE, P/S, PBV) as a result of being on a higher exchange, then $BMXI should be $20+
JMO
Agreed. BMXI is at least a 10 bagger from current levels of $0.27. this is based on trailing fundamentals.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169720233
JMO
Book value is $0.73 as of May 31 and will rise to $0.80 when the 8/15 quarterly is released. Apply a 3.46x multiple for the metals and mining sector (source NYU) and you get a stock price of $2.77, and thats before the US/Canadian recent acquisitions have begun to ramp up.
https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pbvdata.html
JMO
Consistent strength everyday for last two weeks. Fundamentals rule!
JMO
Very informative video Zardiw. Strong “like” and thank you
He probably shorted BMXI at the 200 day at .18 ish. LOL
A close between .235 - .24 would be perfect for a blastoff tomorrow and next week.
JMO
Agreed
BMXI is the one which will be the next stock to hit RSI at 99 before correcting back to RSI 70. Then continuing its run.
I agree. The stair stepping and mid-day consolidation each day is what's going to allow this to run and run and run. Under those circumstances, RSI's can and do go to 99 before a sharp, one day pullback. I've seen it numerous times.
BMXI going much higher
It's coming
Amen brother. $BMXI gonna rip higher. So many forward-looking events and so few shares in the float. LOL
BMXI fundamentals and technicals look amazing and have LOTS of room to run.
https://www.barchart.com/stocks/quotes/BMXI/technical-chart?plot=CANDLE&volume=total&data=DO&density=O&pricesOn=1&asPctChange=0&logscale=0&startDate=2022-07-02&indicators=BBANDS(20,2);RSI(14,100);STOSL(14,3);ACCUM;CCI(20,100);SMA(50);ROC(10);MFI(14,100);PTP(50);SMACD(12,26,9);OBV;CHKMF(20);SMA(20);SMA(200)&sym=BMXI&grid=1&height=500&studyheight=100
Holy mackerel. I did not know that.
I suggest you read their financials. This is not a cash-broke penny stock who needs to issue stock or convertibles. $BMXI is a legitimate Gold miner in Indonesia with lots of money and mineral reserves on their books. And they have recently expanded to the US and Canada.
$KA-CHING
JMO
I expect the stock price will begin to discount in "now" expectations for 'probable reserves' at both of their Canadian and US mines (probable reserves means 50% - 90% level of confidence).
In going forward. as levels of confidence increase based on successful gold mining at the two locations.. the 'probable reserve's will eventually become 'proven reserves' (with 90%+ level of confidence of finding gold) and the stock price will reflect that, in advance,
The $BMXI stock price will reflect future gold REVS long before they are booked in the financials.
This article explains it all in greater detail.
That's huge. Both acquisitions have been finalized and the properties are in US & Canada (basically next to each other in a geologic sense). Apply a Forward PE of 20 to that and the stock price will be $30 easy.
No one is selling. Slap that ask.
JMO
More updates coming out "regularly" as per PR :)
From todays PR
$BMXI has put out NEWS every week for 4 consecutive weeks
https://www.otcmarkets.com/stock/BMXI/news
I believe this is a $10+ dollar stock, and even higher since the company expects more acquisitions like the one announced just a few moments ago :)
JMO
Terrific update from the company. Moosehorn and McArthur Creek are both production ready properties located in the United States. Highways and infrastructure are already in place. No exploration required
A status update on the completion of the 3 year PCAOB audit is imminent based on the timeline below. JMO. That is one of the reasons why the $BMXI chart is so BULLISH. A $3 stock price + a 3 year audit are two of the requirements to uplist to the NYSE Tier 2 exchange. I expect the stock will hit a few bucks before the NYSE uplist ever happens.
... AND based on current fundamentals and valuation of their financial statements, I believe this is a $10+ dollar stock, and even higher since the company expects more acquisitions.
Timeline for PCAOB Audit (from management):
May 11 Shareholder Update PR:
"3 full years of financial statements will be delivered to our PCAOB qualified auditors, AJSH & Co. LLP for review on the Xero accounting platform, most likely at the end of May, 2022 "
https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Explorations-Inc-Financial-Results-Commentary-and-Shareholder-Update?id=356562
Aug 1 Tweet:
As the 3-year PCAOB audit is in the final stage, we will inform our valuable investor community about status updates. Thank you for your support.
As the 3-year PCAOB audit is in the final stage, we will inform our valuable investor community about status updates. Thank you for your support.
— Brookmount Gold (@brookmountgold) August 1, 2022
A status update on the completion of the 3 year PCAOB audit is imminent based on the timeline below. JMO. That is one of the reasons why the $BMXI chart is so BULLISH. A $3 stock price + a 3 year audit are two of the requirements to uplist to the NYSE Tier 2 exchange. I expect the stock will hit a few bucks before the NYSE uplist ever happens.
... AND based on current fundamentals and valuation of their financial statements, I believe this is a $10+ dollar stock, and even higher since the company expects more acquisitions.
Timeline for PCAOB Audit (from management):
May 11 Shareholder Update PR:
"3 full years of financial statements will be delivered to our PCAOB qualified auditors, AJSH & Co. LLP for review on the Xero accounting platform, most likely at the end of May, 2022 "
https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Explorations-Inc-Financial-Results-Commentary-and-Shareholder-Update?id=356562
Aug 1 Tweet:
As the 3-year PCAOB audit is in the final stage, we will inform our valuable investor community about status updates. Thank you for your support.
As the 3-year PCAOB audit is in the final stage, we will inform our valuable investor community about status updates. Thank you for your support.
— Brookmount Gold (@brookmountgold) August 1, 2022