InvestorsHub Logo
Followers 545
Posts 9454
Boards Moderated 0
Alias Born 05/02/2009

Re: Smith Sam post# 25182

Wednesday, 05/03/2017 8:31:32 PM

Wednesday, May 03, 2017 8:31:32 PM

Post# of 55227
The video is good, but this is no longer what everyone wants to see. The first video was very important for folks to see and rest assured that there are actually ongoing operations on the ground in Brazil - even THAT was a concern at some point, believe it or not, mostly due to the scam-like share structure increase in BMIX and the following R/S. Today, any reasonable person should have no doubt that there are ongoing mining operations taking place, and so another video, albeit from a different angle, adds nothing to our knowledge.

What we are missing are NUMBERS. BMIX management proved to be surprisingly reluctant to provide any tangible data about the current operation. They have been mining for MONTHS now, surely they have at least some yields or near-term projections to share with us?

My hope here is that Dr. Fogassa is saving the juicy PRs with real NUMBERS for after the filing is finally out to avoid having them fizzle out in light of current delinquency. That's my hope.

And let's not forget that per company's own words, they expect to be cashflow positive 2 months from now or even sooner. For me personally, it will be within the next 2-3 months that I will make the final decision whether I will sell out my 1M+ shares at a large loss and move on or stick around. Sometimes you just gotta cut the ballast, no matter how attached you have grown to it. If the current project fails, I don't think there will be anything left to catch here. They had enough tries to get it right, the shareholder confidence has ran too dry to finance any additional failed attempts, as evidenced by the company's laughable market cap despite so much allegedly good stuff going on.

Good luck to all!


This post is my personal opinion. I do not provide investment advice.

i.t.m.d.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ATLX News