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Again, wgee is not bmix. Nils was never an officer nor a director there. He just consumated the deal as Ive said. That's it...
That's the objective. Ridiculously cheap down here...
It's not that hard to extrapolate with what happened over there when you simply add 2 + 2 together. Just look at the facts and the overall d.d...
Like I said, our Ceo was never a director or an officer there. He deals with mergers and acquisitions, so he received shares from the consumation of the deal, and never had any involvement with them after that.
It's not that hard to understand...
The shares were updated last night on OTCM. The change in the share structure...
That post has many flaws. For one, the Law Group's Address, is not $BMXI's address.
Nils Ollquist never had prospects in the Phillipines and BRNE is its own separate entity and never transitioned into WGEE.
Nils Ollquist was never an officer or director at WGEE. He received shares for the merger as that is what he is known for. A seasoned banker dealing with mergers and acquisitions.
Nils Ollquist was never charged with any illegal matters, nor any of his companies. Those are just facts.
He played any roles in different companies as he's well versed in consumption deals, but likenI said, he's never been involved with fraud.
That old post comparing wgee and bmxi isn't coherent d.d, but just speculation with many false assumptions...
Do your d.d.folks, and not cherry pick on what hasn't been found to be factual. Delve deeply under the microscope to find out the facts, instead of reading some random post on the internet.
He's a seasoned banker, no doubt...
https://www.linkedin.com/in/nils-ollquist-1a2b206b
We might be getting into crypto.
“We will continue to pursue new opportunities for expansion of our precious metals platform including the purchase of additional properties both in North America and Australia,” says CEO Nils Ollquist. “Following the recent upheaval in the cryptocurrency market, opportunities are evolving for precious metals producers such as BMXI, to partner with companies in the Blockchain arena. This is an area we are currently exploring with a number of significant players and we will continue to update our shareholders and followers as we move forward with this initiative.”
https://microcaps.com/brookmount-gold-corp/
Same here. Some ppl still don't realize the magnitude of the current fundamentals and how it cam get much bigger from here.
The smart ones know though...
My goodness, only a $5.5 million market cap. That's just ridiculous...
Right on. Added 5k more shares...
Thanks for your report. Greatly appreciated...
That is correct. Once they verify 100,000 oz.au, the book value will go up significantly. But if they can verify the 1 million in reserves, the book value here will soar through the roof...
Yeah, that would be cray cray if it was 1 milly. But they'll up the numbers from 39,000 to 100k oz.au. 100,000 ounces of gold is still alot. And this is just for.the Moosehorn project.
"The Moosehorn property, which comprises 4,300 HA of high-quality gold area, has to date, a confirmed NI 43-101 resource of 39,000 oz. Au. and The Company is planning to extend the drill intensity and depth to upgrade the confirmed resource to 100,000 oz. Au."
https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Explorations-Inc-Finalizes-Development-Plan-and-Budget-for-Expansion-of-Canadian-Drill-Program-and-Preparatio?id=334328
"Preliminary estimates indicate a total resource for the area of approximately 1 million oz. Au."
That's about $1.8 billion in reserves for gold... =O
https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Explorations-Announces-Definitive-Agreement-to-Acquire-Canadian-Based-Gold-Project?id=307195
Indeed. I'd like to hear their thoughts on what the potential oz.au of reserves are in Alaska, and at Moosehorn...
.
It's actually quite simple. Just look at the last 4 Q's and add the total of their net earnings. Then divide that by the current o/s.
$1,909,000+
$1,927,000+
$1,656,000+
$1,340,000=
Total net earnings is $6,832,000 for the past twelve months. Divide that by our o/s of 36,980,377, and that gives us
.185 eps.
However as I covered in my sticky, they're going to grow their earnings significantly. They're looking to generate $35.7 million in earnings (after costs) next year. That equates to nearly $1 eps.
And this doesn't cover the Alasakan project or some of the other projects they haven't covered yet.
Remember, the market is all about future earnings. And with rapid growth, comes the all mighty power of the multiples accelerator, which could easily give us 50x or more.
People here need to reevaluate what we have. A low floater with a low market cap that has a great book value and tremendous fundamentals...
We should be trading anywhere inbetwwen $3 to $15 now.
But with the recent acquisition, the book value and earnings for that property hasn't been assessed, yet.
Also, there is exponential growth with earnings from other properties as well, not to mention an upgraded valuation for each property with further drilling/testing...
What are you talking about? That's an old Reg A. Filing with numbers from a couple years ago.
Btw, Those convertible debt is outdated and has already been converted. There are only Reg. shares now that are being offered, however as stated here many times, there will be no more...
Plain and simple. Now, we start the big run from here...
It looks like the note is done. Remember, the otcm didn't update our s.s until just a couple days ago, so the note could've started before then. I don't think there's much left, or if any.
BTW, she's looking mighty thin now...
Another big catalyst coming is the reduction of the Authorized Shares from 2 billion to 100m coming very soon...
Here comes the turning point...
Now is the to hoard these shares. Only a $6 million market cap. There is great fortune to be had here...
Dollars coming...
And it's being locked up as we speak...
Same here... The market is only at $7 million. This should be at least worth 20x more than that. The s.p should really be 70x more than where it's at now...
This is the most undevalued stock in the OTC, Small Caps and the Blue Chips.
Hands down...
Plus we're in a recession where the hikes are going to increase by 1.5 to 2.5 basis points by the end of this year and probably more by next year. Which means when gold goes up, so does everything about this company...
And explosive fundamentals...
It won't take much to get back up, especially with what we have and whats.coming up...
Should already be in the dollars by now...
Further drilling may indicate $1.8 billion in reserves at MH as previously stated in a pr...
No doubt...
The 2 billion to 100m a/s reduction is huge. The Ceo is serious about not diluting and getting on Nasdaq or NYSE.
Follow the d.d. I'm more confident than ever with what we have, where we're at, and where we're going...
Twitter News on the reduction of A/S!
"Tomorrow the board is meeting to settle the reduction of authorised capital as agreed to 100 million. The request will be filed by end of the week with the secretary of state for Nevada. $BMXI"
Tomorrow the board is meeting to settle the reduction of authorised capital as agreed to 100 million. The request will be filed by end of the week with the secretary of state for Nevada. $BMXI
— Brookmount Gold (@brookmountgold) August 24, 2022
Great post. This is at an unbelievable discount, and we have nothing but great catalysts to make this go much, much higher...
Talk about Discount City... Unreal, the market cap is only around $8 million. The market cap should be hundreds of millions now.
So the trailing twelve month eps was .185 when you factor today's small and final increase of the o/s.
$6,832,000 in earnings divided by 36,980,377 is .185. A p/e ratio of 15x is $2.78 a share.
The forward p/e of 15x on expected earnings is $35.7 million. Divide by the current o/s, and you get an eps of .97. Multiply that with a p/e of 15x and what you get is $14.55 a share.
So we should be trading anywhere inbetween $2.78 to $14.55 a share, based on fundamentals.
But, with the new Alaskan property, the fundamentals will show us more. We don't have the details of that yet...
The robust fundamentals show that's where we should be trading now...
Also, possibly the valuation and production guidance in Alaska...