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WHY ISN'T SGLDF ALREADY MINING? AS PREVIOUSLY PRESENTED - LOTS OF GOLD IN GROUND - PAY FOR THE *!*#x EXPENSES BY MINING NOW INSTEAD OF FOOLING AROUND! GOLD PRICES ARE HEADING BACK UP.
According to Market Beat, not much short interest at the moment.
https://www.marketbeat.com/stocks/OTCMKTS/BMIX/short-interest/
Liz Claman on FOX BUS NEWS just now broadcast a feature on Citigroup being the BIGGEST LOSER on Russian exposure.
APR $55 puts look really good to me right now.
I've been in this for 2 years based on great drilling results. BUT WHY ARE THEY NOT DIGGING YET AND MAKING MONEY. STOCK PRICE IS LESS THAN HALF WHAT I PAID.
Bonifacio Complains about the stock price but does little to start producing money. With Ore that rich and licensed facilities on site why not start mining even in a limited way?????????
If you are a scientist or engineer then today's QS results webinar demonstrates that QS's technology is way ahead of other Li battery tech for battery life, charge capacity and very fast charging speed. No wonder VW is so interested in them, plus they alluded to multiple customers if I read them right.
If you are not technical, QS appears to be way ahead of other Li battery companies for battery life, charge capacity and very fast charging speed and I suspect VW will be a major buyer or take them over to own the battery.
B2G is doing really great both as a producer and a business.
From their website
1,040,737 ounces";
"Due to the Company's strong net positive cash position, strong operating results and the current higher gold price environment, B2Gold's quarterly dividend rate was increased in the third quarter of 2020 by 100%...".
And
"The Company's ongoing strategy is to continue to maximize profitable production from its mines, further advance its pipeline of development and exploration projects, evaluate opportunities and continue to pay a dividend."
A definite keeper for me as long as they keep growing.
You are right about the future growth of Li demand BUT the demand for Li is already growing rapidly - I also own SQM which for a long time has been commercially producing Li in SA, and because of their current difficulty in meeting demand they are going through major mine upgrades. Furthermore the price for Li has risen significantly with the growing demand.
Thank you for your great post David. Now maybe we can understand the mistaken perception of pumping and dumping as well as the driving force behind the recent run-up.
I wanted to contact Middleman's BMIX lead from your attached video but I have no idea how to. What kind of address is @tonysylvester0907?
Sold small part of my position and now the rest are free trade shares.
Even if Xylan is right, I can wait it out as the market has bought. the shares for me
This Split could be positive for us then? I like what this company is doing and will buy more if there is a good dip.
SO THIS COMPANY HAS JUST DONE A LARGE BUYBACK THIS MONTH~197000 SH @~10+ EUROS AND AN EARLIER BUYBACK AND THE STOCK IS REVERSE SPLITTING NOW 12 TO 1.
WHAT IS THE LIKELY OUTCOME FOR STOCKHOLDERS AND WHY WOULD THE COMPANY DO THIS WHEN THE STOCK WAS AT A REASONABLE PRICE?
I HOPE YOU ARE RIGHT. MAYBE THAT EXPLAINS TODAY'S DROP. I BOUGHT $425 PROTECTIVE PUTS.
They shouldn't need to do a venture with anyone else. They have skill, and both great ore and physical resources to pay for production with gold.
Perhaps we need to form a legal class to force these small time thinkers into actual mining and dealing honestly with their stockholders.
In the Green and Volume up.
About time somebody noticed this stock has been on sale for weeks.
Reason down - incorrect perception of new liability => 100,000 new hires stupidly announced by the company, without acknowledging the instant recovery of 4x their salary in gross profits.
These are personal shoppers filling a huge surge of online orders creating $60/hr each while being paid ~$15. Do the math ~$10M/yr extra profit just on labor.
As evidenced by their earnings, this company does a lot of profit oriented things. But their PR needs to be focused on value to the stockholder!!!!!
Keep in mind that most of INO's test results for several diseases have been good on efficacy and great on side effects (probably due to the tiny amount injected.)
The fact that nothing has come to market in spite of results may be just the cumbersome process at the FDA. I don't think INO has any FDA denials - just delays. But big companies seem to have less trouble getting products through - maybe because they are better resourced. INO's development and delivery systems are different, and revolutionary changes are major obstacles for bureaucrat regulators.
When new flu vaccines are released, they haven't gone through a 3 year testing process, and how often are they configured for the wrong viral strains?
So I am skeptical - where do Federal regulators go when they retire - and who benefits by maintaining the existing paradigms.
Being a medical inventor myself, I have experienced the paradigm block of big companies that will do anything to maintain their business models.
LONG TERM INO HOLDER
WHY KR SHOULD BE UP SINCE THEIR HIRING ANNOUNCEMENT
Doing the math, the 100,000 new hires = 36/store.
As I shop there a lot I see many new KR professional shoppers with large carts shopping for up to 5 customers at a time/~0.5 hr. Customers pay $10 for the service. At >$100/hr service fees / new employee - $18 cost * 40,000 of the 100,000 new employees/shift * 16 hr days * 300 professional shopping days/YR = ~$15,744,000 in new profits.
I'D SUGGEST THE 100,000 NEW EMPLOYEES ARE A MAJOR ASSET, NOT A LIABILITY!
SHAME ON ANALYSTS WHO COULDN'T BOTHER TO FIGURE THIS OUT, AND SHAME ON MM'S AND FUND MANAGERS FOR BAILING OUT.
KR should have great earnings by mid June. I think the price is down because short sighted MMs look at the recent hiring as a liability.
Sometimes these analysts are not very bright. If they simply shopped at a Kroger store, they would see KR's actual hiring is in response to increased demand for services such as on-line shopping order fulfillment, deliveries, etc. => lots of professional shoppers with industrial carts now roaming the isles filling orders. As a matter of convenience, this might signal a shopping behavioral shift ongoing after the pandemic.
In addition many of their KR Generic items are of really good quality driving brand conversion and customer loyalty.
(Obviously, I mostly shop there.)
But the dividend is not special and is way less than the price drop.
0.16/SH dividend vs >1.04/sh drop ???
CLEVERLY RUN COMPANY
KR down today as stupid people view 100,000 new hires over last 8 wks and bonus pay as liabilities.
In reality, these hires are capturing new business, particularly personal shopping service staff. Better pay drives performance through incentive motivation and hiring competitiveness - ultimately increasing customer utilization through better service.
Kroger has also been growing their own generic brands with really competitive quality.
Recent large block buy ins
Looking forward to earnings
PARADIGM CHANGER
The really cool thing about INO's delivery method is the Tatoo gun delivery system. Hollow needles inject tiny amounts of vaccine just under the skin - super safe and super effective in their other trials. The small amounts of vaccine used and the application method of the device itself are ideal for mass inoculations. INO and partners have a shot at becoming THE preferred delivery system for rapid distribution.
JUST CURIOUS
I guess I love the gold mining pennies because I have become an addict to the various Discovery TV gold mining shows. Watching them makes one aware of both the rewards and risks. Those that sample drill usually fare better.
2 mining companies I follow on iHub have done extensive drilling with great results on old gold properties and I invested in both - BMIX with alluvial deposits and KERMF with motherload deposits. Both are heavily owned by principals - with data presented here RE. Fogas et. al. Regarding the AZ project owned by KERMF -"Tight share structure with 35 percent held by directors and insiders; 36 percent held by family offices and funds."
Both are early stage near production mines. Without silly comments PLEASE, how would you real gold mining share holders COMPARE OPPORTUNITIES FOR THE 2 COMPANIES?
Right. Bre-X was the Scam and FCX did the exposure.
Great article, demonstrates Karma.
It was a real fraud on stockholders, but I don't feel too bad for the Suharto group.
Unlike a lot of the posts here, I do not believe BMIX is crooked.
In the 1990's time frame, I had stock in a much higher priced equity with a so called early stage gold mine in Indonesia. It was right next door to the big FCX copper and gold mine. The head of the Indonesian govt owned a stake. They employed a full time degreed geologist, regular stockholder meetings, and no shortage of news updates. FCX took an interest in them and did their own survey, perhaps at government and stockholder urging. Suddenly their CEO took all the money and moved to the Bahamas, and his geologist was taken for a ride in a military hellicopter from which he "fell" out. The news that followed showed that FCX had proven the property was salted. This was a several dollar stock when I owned it - and lost $5000. My Dad was a mining engineer and professional investor, and they fooled him, only 5 times worse than me. In contrast to BMIX, this company never showed progress pictures of the mine site, plant or exploratory operations, and they were frequently releasing information to maintain investor interest.
In contrast BMIX news is infrequent and they release pictures of everything.
Because of the very low price, I view BMIX as a very low risk/reward ratio. My average in is $0.0025 so my total risk is only $2500. If the mine starts to pay its own expenses, it becomes a Jr. Gold Miner, and those shares could be worth a lot more.
I saw this link on the KERMF iHub thread regarding Jr. Gold Miner buyouts. It might be a little premature but If I were Fogassa, this would be my goal - Prove the mine, Sell Interest, and use the money to Develop the other Properties - Li, Co, Rare Earths, etc.
I'm gifting BMIX shares to those I love for Christmas.
Except for Chinese mining companies, Mercury extraction is use mostly by very small, usually unlicensed independent miners. It is not only toxic but expensive as well. Assay labs also use it but with equipment that prevents contamination of the environment.
The Brazilian government is not stupid. Permitted and properly equipped mines are a good source of revenue for them. They are unlikely to ban a vital industry for what a few bad actors do. Even if they were motivated in an action that would only put the good guys out of business, they know contamination would continue as they wouldn't be able police the illegal operations. E.g., as well resourced as we are, here in the USA we've been unable to stop illegal drug farming and production
In America you actually see these anti economic forms of government stupidity when left wing radicals are in charge, e.g. oil, coal, forestry, clean fuels like biodiesel, domestic rare earth production, etc. But other (hungrier) countries are typically smarter than us.
I am just glad there are panicky fools out there who don't look at the whole picture. I just used the 10K with the accompanying drop in price to pick up another 100,000 sh @$0.0021.
Re. my previous post, you're welcome. Ive always thought valid information about a business, even if its not financial can be useful.
I thought a perspective from an engineer whose been involved in precious metal refining, as well as colored stone and diamond production might be worth inserting. I am also a shareholder.
Anyone in precious materials mining and recovery is well aware of the risks of theft. Just look at the extreme and deadly measures the DeBoers monopoly undertakes in Africa and other places to own and protect their product. At some point an investor has to either trust the management for an honest accounting or don't buy in.
Regarding the dirt being processed, it would be interesting to know the yield in g/ton of gold vs gem diamond crystals vs industrial diamond (abrasive grade).
Gold is of course extremely liquid. If 24kt refining (actually a simple process) is done in house, it will trade close to London spot values. At 90% yield with high assay dirt - well it could be noteworthy once we have data.
Believe it or not, even with all the synthetic diamond produced, there is still a market for natural industrial diamond. Production simply involves crushing and screening (classifying for particle size). Yield is typically 100% of rough crystals and prices run from $0.40/Ct on up according to particle size. at 5Ct/g this can add up fast if there is decent amount of output. Also Brazil is a significant consumer of industrial diamond from both manufacturing businesses and the lapidary industry right there in Minas Gerais.
As far as Gem diamonds go, cutting costs are typically $300 to $400/Ct. of finished weight for $3000/ct gems. As a rule of thumb, a 0.8g to 1g crystal will yield about 1 ct finished. Fogassa is correct to sell the cut stones for optimum value as it is very hard to grade rough and get premium value.
Looks like bids @29 outnumber offers @32 by 5 to 1. SAMPLE must be right - nobody wants it AAAAAAAAAHAHAHAHAHA. Curiously awaiting comments after first yield figures are announced.
Thanks for your post.
I am actually long on BLOZF, but got concerned re the news article on Hound's possible product release in 2020.
Coming from an industry where SWAT was the motto - Sell Whats Available Today - and as an inventor and lead engineer, I was always under pressure to deliver and get new products market ready quickly.
So, I guess I worry that the Cannabix folks are working more like a university than a business with never ending development and no marketing.
Thank you.
Any ideas on when Cannabix starts marketing product? News indicated Hound in 2020.
Does anyone have information -
Will Hound Labs beat Cannabix to the market?
Are Patent infringements suspected or is Hounds detection different?
I think the writing is Hindi. People from India love gold so much that their gold jewelry is very high carat, mostly 23k and above.
Did a little digging on posts repeatedly utilizing Bold Capitalized fonts and ridiculing laugh imitations. COULD IT BE THAT SOMEONE IS SHORTING and using this and other iHub threads in an attempt to scare investors into dumping to bank the drop?
I didn't want to specifically call out anyone for deception for fear of being blocked, so I just wanted to post a real link to fuel prices in cities near the mine and end at least that misleading info.
$3.24 US / gal in July. Possibly $3.40 out in the boonies.
1 Real = $0.241, Maybe some confusion over currency conversion in fuel cost posts.
Brazil diesel $3.40/US gal
So is there an inference that ALPS or VNDM are in any way involved with VPLM, and if so are you accusing them of FINRA or SARs violations that relate to VPLM??? (Actually I am hoping so as I want to buy in again on the cheap before the next court or USPTO alert).
What are ALPS & VNDM you guys keep posting about and what do they have to do with VPLM??