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Good info thanks. Yes I agree leases are probably their main holdings. Holding cost is not cheap so they have financing enough to stay above water. Patience is my montra here. I can only hope that I get a better buy in but I am glad to purchase a few shares every week. I am a stacker so patience is my middle name lol. Much is happening socially and politically and financially getting me excited about this company and different bullions.
Thanks for the DD. I have mentioned and pondered for a few years the question: How can BMIX be tying up so much real estate? It takes virtually millions in financing to lease or buy the hundreds of thousands of acres of "minable" land. Where are they getting the majority of cash to do this? I was in before the reverse split and did very well but I walked away for a year. Coming back we have progressed even further in aquisitons. Your post helps me a lot. Thank you. Occams Razor. Peace
werd up!
Lol do people still say that?
Good stuff. Truth be told I am worried about the politcal climate as well. Good things need to happen soon. I didnt think the planet would survive until now. I think back in 2000 I was scared as hell that the financial world would collapse back then. Now its a million times worse. Yes, we need to see how this shakes out. I seriously doubt we buy equipment and start mining. We would need to build roads and bridges and major equipment. Although, the Brazilian government could do these things lol. If I remember we do own some trucks or a trucking company?
Good luck my friend
Correct. Also I believe in November of 20 I bought more at .0004 it dropped intra day. I know because I kept replacing my buy order when it pulled back into .0009 area for a few days. Thanks for asking Stocks to buy. Keep people honest around here.
Speaking of honesty, Aqfl, what is your opinion of the idea that Rick Rule says he wont even look at an exploration company unless they have ten years or more of possible profitable production? Do you think BMIX fits that bill?
You have no idea my friend...very glad to be back and averaging in. I think we have a real possibility with the entire planet in its present tragectory to make major bank on this one...if we are attractive enough to a producer. Thoughts?
Funding for exploration and land purchases and leasing is one of the most difficult challenges for an exploration company. Think of the millions you must maintian in order to pay leases and land tax and building roads and I can go on and on. How is BMIX getting funded? How are they making payments as they go? I say the government in Brazil is not stupid. They own a quarter of the BMIX shares. They are going to make sure that the future, the now what looks like a ten year bull market (at least per Rick Rule) in precious metals will be satisfied partially by Brazil minerals. In addition, Brazil is joining other countries in creating a metals based currency. In addition Brazil is the only country on the South American continent which refuses to buy into the world economic forum or the World scam Health Organization. Brazil, if they stand tall and continue to fight off the blood sucking New Liberal Order will be the place to mine precious metals and actually continue to be as they are a main producer now. And one of the top reasons to "take over" an exploration company is because they have at least ten years of mining ability and production to offer.
Brazil Minerals Inc. is in the sweet spot if I ever saw a sweet spot. I was very lucky to buy in at .0004 and sold most of my millions of shares very clost to .1. I have proof and others here might remember me. I expect now if we hold above .014 area we will see the next leg up back maybe to six or seven cents. If we rest there and consolidate then the truth will be seen by all and that is the BMIX is one of the winningest plays of the year...along with other junior minors.
Oh and one more thing. 95% of all exploration companies are disaterous failures. Trust me on this one, Foggman is not getting rich on exploration. He will be worth hundreds of millions if he pulls this off.
That is my guess as well. I think they become a royalty company. They obviously have funding for all the acquisitions and testing. That is no joke. Based upon the ownership and other reasons I think royalties.
I see you have been active during my absence LOL! You might remember I sold at the run to .10 which was off the hook wonderful. I did buy more later but sold again thankfully for a small loss. I bought on Friday. If we see a turn around in the shares I hope to buy more.
So it looks like we have continued to control more land over the years. To me this company is worth a shot. Yes they are leveraged and yes they are exploration only but I am suspecting there is a much longer term plan afoot for BMIX based upon the ownership. Regardless, I am back in taking a shot.
I think it is obvious that that was a funding issue. No? They made the statement that they do not need any more funding, which in this business is everything especially for an exploration company. To make such a statement is really huge. Now we know where it came from. Remember, they did make public that they got funding for a penny per share on up to 500 million shares. I think this is actually a good sign in that they didnt need to add 500 million. Just a thought. I respect that you are a large shareholder.
Hey BigMoney, I have kept an eye on this potential gold mine. For the moment I am keeping a small position. I bought a little a while back when I think I posted I was certain that it was safe to get back in. I admit I am a little negative on the whole ev, gold and mineral space. It took a nose dive soon after I got back in and I completely blame the politics and social degradation of the day which simply gets worse by the moment around the world including in south America. But when in fear, it may be time to buy. Fingers crossed. I am prepared to take a full position at any time. Peace
I suspect that BMIX will be approached by multiple companies for minerals. My question is, will the economy's of the world sustain their ability to grow with the rising sense of political and social unrest. We need to be saved, then we will profit from our minerals. Regardless I have been adding to the position based upon the statement from the company that they will not need any more funding. If you know what this means in the mining cycle it means that BMIX has been accepted as an investable company in the inner circle of EXPLORATION companies. This is quite big.
Ughh please! There is no mad rush into ev. I have been consistent in saying this. If you base your investment decisions on what you hear on CNBC and Fox News you will get what you deserve. I am not saying do not buy bmix. I am a holder and actually have been adding to my position. At the right time bmix will show up. Peace
Thank you. But I am afraid the minute by minute predictions will not stop.
You have been wrong on every single prediction. Buy on the close sell on the open. This will be the pattern until we break free from MM control.
Buy at the close sell at the open. Why fight the MM's? This pattern is in practically every single one of these tickers. You will make money depending upon the size of your ego, guts or whatever. I hate to be the bearer of bad news but that is the way it is going to be until these MM's are actually restricted by law to naked short.
Again, sorry to be the bad news bear, but that new NON RULE is not going to change anything any time soon. It is a start but if you read the rule in total you will see that it changes nothing. Hopefully it is a footprint of the future rule that will have some bite. This one has none.
Again, to make any money in these tickers, buy at the close and sell at the open.
Peace
Believe me my desire is for this to somehow even the playing field. But it doesn't. This non-rule states that lending agreements must be funded by any equity. This could be appraised property or a valuable painting. It will not stop naked shorting or MM control of the direction of the ticker
And you can scream from the rooftops that it doesnt exist. Keep it up. Your lack of understanding may or may not be intellectual dishonesty. Ask CEO's of some of the honest tickers why their ticker is getting diluted. If they have no clue, it is because of the naked shorts. I just said naked shorts do not show up. The reason is that the MM's create shares out of thin air, just like fiat currency. Then sell into the market. THEY DO NOT SHOW UP and the only way to get them exposed will be a class action law suit by shareholders and it will be exposed in "discovery". I am not going to wait around. I am going back to the crypto world in total.
Right. I don't know what I am talking about, only ...
https://www.otcshortreport.com/company/NWGC
Trust the tape my friend. The truth is all around you and you refuse to see it. Its ok, the sheeple will eventually have the wolves turn on them.
I have no idea why I remain faithful that eventually the naked short players will be rounded up. I am slowly losing faith in a lot of things OTC and big boards. Whatever. I am not going to argue about it. The truth is smacking everyone in the face.
Peace
You would be correct except you are totally and completely incorrect. Naked shorting does not show up. And that is exactly what is going on in this stock and thousands of others. You have no clue about this obviously
I apologize for something. I said to you a while back that I was not too sure that it was the MM's who are responsible for the tanking of the stock. The following is a youtube report on why these OTC stocks are tanking. I hope you take a look. Again, you were more than right.
Watch if you dare, it is a youtube.
First I am humbled and I thank you for the kind response. Second I thank you for expending energy and space to this ticker. I am not a fundamental investor at all. I am an admitted scalper but in some cases swinging is key to major profits. This one is a keeper. Please keep up the good work even if the understanding of "it" is sometimes above my pay grade.
As I have stated, the time for these miners is now. Cycle is everything just ask any miner that is actually in the business. They are eyeing this cycle with already 'jaded' eyes (pun intended), because they know to take full advantage of the time yet they fear. Gold and other commodities will return to lower prices at some time in the future. I hope that time is at least 10 years from now. But I suspect it will be only one or two years based upon the history of the cycle. And pros know this. I bet anything that along with cautiously gearing up for the cycle they are also eyeing the potential end of the cycle. They are so used to getting crapped upon (holding the bag so to speak and the bag IS the property and equipment and no one buying their commodity).
I believe that the end game has been experienced by these CEO's and I think that this fact has something to do with the slower start in the cycle. They are scared to gear up. Also, I think that disintermediation has a lot to do with the early bumps up and false starts in junior miners.
I am not worried about how much gold is being pulled from the earth. I believe we can rally greatly here. The story and the facts are in our favor for a prolonged rally, not just a month. I will admit as well that if I did think Mr. Miller is a crook that I would step away from this stock in a heartbeat. Forgive my virtue signaling. But instead of stepping away, I think I will double my investment here on the pull back.
Peace
You keep explaining your point over and over again. My point is simply that you do not understand that cycle in junior miners is taking off. It is going to last a long time. There is plenty of time for Mr. Miller to profit even greater than your scenario. So if you like, explain your proffer to Mr. Miller and let him take it from there. I am sure he will appreciate that you are very concerned that he make is due. No one asked you to do such a kind thing to someone you never met or know personally. Kind of what you claim Mr. Miller is doing for all of us.
Peace
I want to answer your question as to why
"If Miller has the money to mine as he claims and he thinks there is gold then he would keep the company private and reap the benefits."
The answer is simple if the person has been in the miner game for decades. It is hard to understand if you do not understand the play in terms of cycles and profitability. There are many pros, like Rick Ruhl and David Morgan to name a two of the biggest pros in the entire world in both the bullion and mining industry, there are many pros like these who have been players for decades who understand cycles and stock plays and understand that at the correct time in a cycle, that it is much much MUCH more profitable to own shares in a junior miner rather than own the gold itself in or above ground.
In the past cycles as I suspect will happen this cycle, some junior miner companies who are no more than men or women tending sheep on a few baron acres and claim to be junior miners and have a public ticker, have watched their ticker run from sub pennies to even $100 or more during a "blow-off" in the cycle. I am not going to do your homework for you, you should make cycles and blow-offs part of your study. There have been only three bona fide cycles that I am aware of in the past century, two of which I lived through as an adult. We are entering or rather have entered into another and to hear the pros tell it, we are entering into the mother of all commodity cycles ranging from sand to gold and anything in between and beyond.
No matter what the underlying fundamentals are a ticker can take off without notice and run over the period of the cycle to untold heights. I must at this time tell you that all the homework you are doing is meaningless to someone like me. To me, there is enough reason to believe that Mr. Miller SHOULD own stock and SHOULD do as much as he can to increase the value of the company and he will profit more than he could EVER profit from digging for gold. Mr. Miller should own as much stock as possible and should profit as much as possible because under the circumstances, Mr. Miller seems to be doing everything legally and professionally at this time. Nothing you have been saying, and I forced myself to read all of your past ten or twenty posts, nothing you have been saying tells me that Mr. Miller is doing anything illegal or nefarious. Just the opposite.
You may not like the circumstances but I suggest you do not waste your time or money on attorneys to fight Mr. Miller. One more thing. I can see why so many people are turned off by gold miners and other mining companies and their stocks. The greatest fault of those people is that they bought in at the end or during a decade long lull in the cycle and thus become disgruntled because of what is done by the CEO's just to stay alive like dilution, toxic financing etc during these off cycle times. This is why it is important to understand cycles especially especially ESPECIALLY when buying mining stocks. And as far as I am concerned, NWGC is an awesome opportunity for someone to take a chance at a potential high flyer.
I hope I did not bore you.
PEACE
Good afternoon my friend. I must confess I am not much of a fundamentalist investor. I am not even an investor really. I play charts, momentum and industry groups. I am afraid I did not do any studies on this ticker of any consequence as you and other have done. I deal more with the big picture. I do however find all the "DD" very interesting. I am in this play because I believe that it has a chance to get caught up in a vortex when the junior miners become desirable by the public. I am in four others as well. I am not sure of any of them fundamentally but I should hit on at least one of the four.
I thank you and all for the interesting DD. I am staying the course but it sounds like the CEO is turning on us? I also have realized that doing business in Brazil is near impossible. I hope CEO has the right tugs when it comes time to lease out or sell rights.
Again and as always, Peace
Good morning. I believe we will hit a low very soon as a shake out of weak holders. I know there is some control that MMs have but it is not as powerful as we may think. Once we shake out the weak and back fill some strong buyers and holders we will be off to the races. This fits the timing of the industry groups attractiveness. Interest rates are rising steadily which is really not going to effect us but the public will think so, jobs are being killed off, energy cost is rising and governments are using all of this to smash the poor and middle classes all over the world. We however will be protected to some degree by buying and holding the junior miners like BMIX. BMIX is a unique play. So many other "exploration" juniors simply own or lease a few acres and call themselves a mining company. BMIX has thousands of acres of drill hole tested and proved properties.
I wish us the best but be prepared to buy again...I hope not but I think we hit .009 for whatever reason. By the way my friend, how do you like it over there? You know what I mean.
Peace
How long does this type of patent last? Does anyone know? 10 years?
As of right now, tonight after the close, the short interest in NWGC is at the highest it has been in quite a while. Over 71% of all shares traded today were short. Someone should call the guys at Reddit and tell em to pile on.
Good afternoon. Your opportunity to buy in will come again. Every day i am putting my buy order in at .009. This will be a necessary move in this ticker in order to do a final shakeout of weak holders. Use the opportunity to add to your holding. This company fits the bill of a rare type of junior miner. I am not going to go over the minutia of why, you are free to go back and read some excellent posts here.
I will tell you what I am doing. I am putting my buy order in for .009. We may go down below that but it wont matter. One more thing, there is a reason we are going to go down. Also there is reasons that it will come some time between today and end of April. After that, I can re evaluate but I would say we are off to the races then. This is going to be amazing. Do not miss your shot. Hint; buy fear.
Peace
Tell that to XRP, Coinbase and about three hundred other coins and tokens that are businesses that also have a coin or token. Also DSCR is a mining company that is creating a token to use to buy and sell its shares. SMH....
I think the most of the entire crypto world fits the bill. I think today that world is worth about 1.7T in its entirety. No? BTC didn't cost that much to start and they are competing with every bank in the world.
Well my friend it looks like we should all give up on TTCM. There is no hope no matter how hard the team tries according to your logic. NO ONE should try unless you have millions if not billions. Ok, I am selling and going home. Thanks for the advice. I have been here for many years as well as many others. America is no longer the place where an idea can turn into a viable business unless you have a billion dollars.
Peace
Hi can you prove your point please? I would love to see the filing. Maybe a docket number or anything identifying the document so I can search it. Thanks in advance.
Right Right Right!!!! Choke off the company before it realizes the great potential ahead. Sheesh! There are casinos with better odds yet TTCM brought me from .004 to the present. I am LOVING IT!
Thank God TTCM continues on their path.
Peace
Thank you. I am glad you hung in there and my hope is that we all get paid!
I appreciate the timely and pertinent information that you and others add. I gain confidence. NWG*C has been very good to me as well as BMIX. Life is good.
Peace
Pretty chart. Pretty pretty PA-RITTY chart! Love it when volume confirms a chart pattern. Hold on Pat.
Good morning InIt, my hope is that the company is "different" today due to the reality of the industry. I am not giving a pass to the actions of the past, I am however putting faith into the company that they will not have the NEED to act against shareholders going forward. I do believe the worst is behind us. I can tell you that there are dozens if not more than a hundred little junior miners that do not make it after every cycle high in precious metals. Many are heartless but some have a better handle on the cycle and instead of raping the shareholder they will merge or sell out and close. Then you have, as Rick says, "guys running sheep pastures" who claim to have a junior mining company and these will always be around. They have no agenda except to rape the shareholder.
My faith, my hope and my study brings me to the conclusion that we have a better than 50% chance of great success here. I have to make it clear I am not in love with this company. I am jaded on all junior miners but this is the best chance that I can find. I stopped looking a while back but I am confident we have a good chance here for all the reasons we have stated.
One reason I constantly remember is that this company made it through the off cycle. By hook and by crook they made it. The cycle is wind at our back. I would ONLY buy into a junior if we are in a positive cycle and we are that now.
As JSC###### reminded us that VP says we will have an operating mine shortly and more in the coming couple years. More tailwind.
PEACE
I appreciate your opinion but I would argue that since we are in a rally in commodities, a reverse split is not in the cards. If I recall, the last reverse split was around 2013? So we made it 6 years in the OUT OF FAVOR era for commodities without another RS. I suspect that there is no RS in the cards since we are in a full swing albeit beginning move in commodities that is expected to last about ten years, maybe more.
I think that many investors here make the terrible mistake of buying in during a decade long negative move in commodities. Then they must suffer the consequences like reverse splits and bad funding. Many of my friends here admit they were early buyers and suffered. I on the other hand bought in at the right time and sold at a great time. I did re buy and expect that I will suffer a little but I will buy more if we get a serious pull back down to .015. I believe in BMIX now so I will believe in BMIX a whole bunch more down there.
I have no inside information. I simply believe there are no such thing as coincidences. I believe the CEO has made the correct decisions that brought us here and will keep us in the money as time goes on. There is lots of great information on this site. It is understood that we still need funding but I will say that the fact is we just got funding pretty cheap. .01 per share up to 5 million in shares is actually not bad especially for funding options in this industry. We could have came out of it really bad. I think we have an angel watching over us. I think the angel is the local government in Brazil. There is no way we could buy up rights to minerals so easily. There is no way we could have made the strides we have made without government approvals. I think we have a couple aces in the hole. Maybe holding one of each suit. Watch and see I guess.
Peace
My very good friend AQFL, your post was compelling and too complimentary. I am humbled.
I cannot tell you how excited I am now about BMIX. I and all needed to hear from you. We all grow as people, generally, and CEO appears to know a few things. The part I liked most about your post is that he understands the culture. How in the world he got the government officials to buy into Brazil Minerals is beyond me. Maybe they came to him. Either way, you completely answered my question about how we move forward. We move forward by our connections AND making the right decisions. How completely exciting.
I am compelled to revisit your loss. Would it be a beautiful thing to return to .5???!!! Fortunately or unfortunately, you would probably never hear from me again lol!! Pardon my punctuation but I am really pumped about BMIX now after reading and re reading your post multiple times. You answered each of my points. Thank you very much. I may need to hold more shares. I will make this commitment, if we go up past .2 I will buy as much as I can afford.
I think CEO and board decided to shut things down in 2013 because the gold business was not profitable. They saw the present times coming. They have been on a buying spree as Professor Brick has mentioned. Genius! The fact that we have drillers and producers in our area, the fact that we have shares in trucking, the fact as proved by you that there is gold in them thar hills and the fact that we are partners with the government to me, like you, says that we are building toward something special.
I cannot thank you enough for this post.
Peace
Thanks for the response.
So first I want to say I try to only espouse buys and sells only when I predict them first. That statement is for the other guy. I did get caught off guard in the last run up. But I believe that during the run up I was posting my moves. The thing is I predicted the drop in price down to .015 and I did have my buy order in every day. Lets say we have a run straight up like the last one. In that case yes I will be selling into the rally and I will try to hit the top like I was able to hit last time. I sold some at .04 but I sold the majority of 2.45 million shares at .09 plus. I do not care who believes me. I hope to have the same luck next time if it presents itself. If I think we are in rally that has legs I will hold and I will say so.
So our situation is perplexing:
Leading into the topic of where we are going. I think we are going to be pressed down for a while as I explore our governments restrictions and executive orders. They are constrictive and the U.S. is not the only country killing its economy. This is a world wide issue and as I study the effects of these executive orders my psychological well being is shaken. I want to be long and I want to be hopeful but I am afraid that we are entering a terrible time for humanity. Could this help our stock? Maybe. I am hoping so because I do not have enough money to buy the property that I want yet. Are interest rates going to kill our stock? It will kill miners in general because it increases cost. Is the government trying to kill off gold and metal miners on purpose? They killed energy with the stroke of a pen. Killed it with no remorse. Millions of jobs gone and trillions of btu's unattainable. The Nasdaq is shaken to its core. Banks are on fire because they profit from the worlds demise. Costs of mining are going up because of higher fuel costs and funding as we are experiencing. Tech stocks are falling off a cliff with little dead cat bounces. BTC is rising exponentially. How is this all going to effect our company?
On the positive side there are many government officials owning shares in our stock. So do we rely on our connections? Or do we rely upon supply and demand? We have miners that are in production throughout the region of our properties so that is a positive. They can move their drill bits over a few miles and we are in production. We do not have to fabricate machinery. We do own some shares in a trucking company so we can profit from shipping.
I am not going to buy much more than half million shares. I honestly think in the near future I will be better off shorting some tech stocks on the Nasdaq. It is already time for some of them unfortunately. The growth stocks are falling off a cliff and are not recovering. This is a negative for us.
So Mr Brick, you are helpful and kind. Thank you for your input and congratulations on your accomplishments. I value intellectually honest opinions as I get to make my own decisions. I think it was you who said that CEO is land grabbing for mineral rights and that is becoming very obvious so good call. I hope I do not bore people.
Peace.
Very welcome girlie. Definitely some interesting facets here. Stay healthy so you are able to enjoy your winnings! Wait! Did I say winnings? I meant earnings.
Uhmmmm, great minds...?? LOL for real though I had no idea. Thanks I hope I am at least close on the calls. It would be great for a lot of people. I listen to Rick Ruhl whenever I can. I like his confident arrogance. He has the experience. He has the resume. He has the references. So, he has me convinced. What are your thoughts on specifically the CEO? I don’t have any inside info on him but I know this, if the government officials are willing to buy in , I would say there is no suck thing as a coincidence. I don’t know anything about his Personality regarding his ability to manage. I would be interested in your opinion because we can only base our opinion on public information .Jusging his actions I believe he is either smart or he has good advisers.
Also, politics aside, I am wondering if the direction we are taking as a nation economically under this administration is going to be good or bad for Brazil minerals? I think we have an ace in the hole that we can truck materials to the three major countries plus our own. The only answer to the shipping problem that will be with us for potentially decades is number one build two or three more ports. that meansAdding railroad adding bridges adding streets. The only other thing that the leaders of the world could do is simply wipeout a quarter of all human beings. Makes you wonder.