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Level 2 is your friend here!!! imho
That makes action on the bid (side) size and price as shorts cover. imho!
If market makers sense FOMO blood here, they gonna clamp down on the shares (at the ask) and drive up the ask price. I am ready!!!! imho!!!!
Positive assay results will send this stock upward!!! imho
Sorry, do not see the logic in your questioning. People buy stock above and below the prevailing ask price. They even put stop loss orders in as well. People buy options at the money, out of the money and so on. Call and put options are gambles in the same sense. Not out of the ordinary in my way of reasoning. One buys cars and houses at what they think is the best price for themselves. Nils did the same thing I would venture to say. imho
Nils is looking for stock appreciation and the original owners did not want to sell at a lower price? Nils believes the stock is worth more than 12.5 cents a share. Again, I and speculating here. imho
This (BMXI) over-the-market purchase is from two founding shareholders that needed liquidity, is a signal of strength and confidence in the future performance of the company.
Again, this is definitely show of strength, of the CEO's outright purchase ($417k) of shares from his bank account. imho
Nils's transaction occurred on the 10th of May. A BMXI CEO statement was release for the dates...Between the dates of April 30, 2024 and May 7, 2024 Nils Ollquist CEO and Errin Kimball COO & Chief Geologist of Brookmount Gold visited the Company’s Talawaan minesite in Manado, Indonesia, an area of approximately 50 hectares. The purpose of the visit was twofold. Firstly, to coordinate and assist with the information requirements and review by the audit manager sent from the Jakarta office of Hall Chadwick as part of their onsite review and compliance process, and to physically review the mine operations from start to finish...Nils was aware of this too: ...Each individual 50kg ore bag from the surveyed mining sites is showing assay results ranging from 1 gram to a high of 4 grams per bag. This equates 20 to 80 grams per metric tonne (0.64 opt to 2.57 opt). and would be considered extremely high (anomalous) gold grades... Whether the original owners have more shares I do not know, but I conjecture that Nils knew his 417k dollar investment would return a pretty penny going forward. I think the next hammer to drop will be the the assay results on the gold sent for testing...Bangkok (Thailand) office of SGS Group, a major international geoscience entity which is (ISO) certified in the chemical analysis of precious mineral ore to confirm composition and grade. Results from this analysis are expected to be received later this month... I believe Nils knew the testing would be positive for the stock company and share price. We shall see. imho
Certainly, an interesting turn of events for BMXI as the CEO spent over 417k, of his personal money, buying his company's stock.
imho
BMXI CEO is certainly looking at a return on his 12.5 cent/share investment. A vote of confidence in my way of thinking!!! imho
That's 417,901.25 Dollars of BMXI stock.
imho
The stock market is closed today. Juneteenth Day.
True. The O/S is a dynamic target. Trend is up to 200 million shares at some point in the future.
Unrestricted is 75,432,489 could even use these numbers at an instance in time as currently reported. It's all relative to the audit discovery.
imho
You might be confused with the O/S.
200,000,000 A/S is correct!!! Authorized Shares 200,000,000 06/17/2024
https://www.otcmarkets.com/stock/BMXI/security
Net Present Value $75,390,910/200,000,000 (a/s) = $0.377/share. Interesting that the current BMXI share price is around seven cents a share.
I click on the BMXI board and it shows thirty three messages unread; however, since I use the block function for repeated obnoxious posters, I only see three or four posts.
I read elements, of an audit process in this tweet. imho
$BMXI At Brookmount Gold the Net Present Value (NPV) of the Talawaan property is estimated to be $75,390,910. Based on a partial estimate of total Gold resource/reserves, NPV determines a required rate of return for profitable future cash flows from the property.
— Brookmount Gold (@brookmountgold) June 18, 2024
Management is…
Copper price is heading down and oil cannot gain traction. Tells me that the economy will flounder. Interest rates will have to be dropped. This all points to the dollar losing steam and gold taking flight. BMXI will ultimately benefit, from interest rate drops. imho!!!!
As August fades into September, I personally believe, from what I have read as a laymen and not an expert, gold is going to $2600 to $2700/ounce. I believe $3000 to $4000/ounce will be a reality by spring 2026. Too many dollars printed and BRIC is going to be fully removed, from the Thrift System and a gold back currency will be introduced by 2026. Remember gold is priced in future terms. All imho. You can read the direction of gold for yourself. It is not that difficult. This makes BMXI an extremely under valued otc stock, imho.
http://www.321gold.com/editorials/captainewave/captainewave061624/gold_weekly.png
BMXI share price by 2030, with gold at $5k-$10k?
With these new BMXI preliminary gold productions numbers out in the public domain, is Nils the best choice going forward as a productive and mine driven CEO? Is it time to put a proven CEO in charge that has more extensive experience in mining gold on a global level? Asking for a friend. Certainly a CEO that is ready for a higher stock trading exchange level. One that can promote BMXI to qualified institutional investors. A CEO, with proven gold mining experience and no prior baggage. Again, asking for a friend.
Big green candle (6 month/chart fuel candle?) and a flag forming on the BMXI chart. Could be an explosive upside coming up. Time to watch. imho!!
Well, hope you did not sell BMXI at 0.0581 today. MM turn around looks like a bear trap was in progress. Will see how it plays out by the end of today. Ask at 0.089 now. imho
I could be wrong, but better than those that sold BMXI low and I am right.
I'm worried, about all those that sold earlier. If this stock takes off for twenty cents/share land, they are going to look very stupid. Oh well. It happens sometimes. BMXI is way under valued in my opinion; regardless, of the CEO mismanaging the audit. imho
Look at those sells and yet the ask is going up. If you sold at 0.0581 and BMXI goes back to 8.5 cents/share or higher, you gonna look pretty....well impatience.
I am not, but you propose these scenarios as I predicted someone would do. So simple to see through a moniker's agenda. Can you not be more transparent regarding BMXI or is that all you have?
You need to get real!!!!
BMXI is down because MM are sucker punching indecisive people over a tweet. There are 394230 shares for sell at 0.0775/share. MM not gutting the price as I see it. On the flip side, someone or may insider investors are buying up cheap shares.
Current BMXI action a bear trap?
https://www.investopedia.com/terms/b/beartrap.asp
I have over a half million BMXI shares. I ain't going anywhere this time around. Gold is going higher and so will this stock imho. Like what was said. Got to have patience. Impatience can make you lose money. imho
Sell your BMXI shares. Scoop up those cheap shares!!! imho
Someone just picked up a half million shares. Under valued BMXI enters a fire sale. imho
If you have BMXI substance, numbers, data or citations to back up your position, assumptions, prognostications or credentials...then go for it. I am all ears!!!
Well...no...not exactly... NOT your Drivel!
$4 million/quarter using simple mining methods. Amazing!!
imho
Total ounces AU produced 1750.99, from February 2024 through April of 2024. The Twitter graph today showed 54,461 grams of gold produced in that three month time frame. Divide this by 31.103 grams per ounce/AU. You get 1750.99 ounces of gold. Not making an assumption here; however, from a previous twitter post the total presented was 99.99% AU. 1750.99/oz AU x $2300/oz AU = $4,027,277/quarter x 4 (quarters per year) = $16109108 gross dollars before expenses. Not bad for a dime a share gold mine producer. imho!!
https://x.com/brookmountgold/status/1800559399687336036/photo/2
I take it you have never operated a pneumatic jack hammer before? They do come in different sizes and for specific needs. Easier than using a hammer and a chisel and more productive. These hammers can be awful loud.
New equipment has been ordered (new pneumatic jack hammers), the miners at Talawaan are paid on commission as a percentage of gold produced so the teams are looking forward to the increase in production.