Atlas Lithium Corp (ATLX)

[JohnnyRothrock]

...open question: is BMIX the first OTC subpenny let’s say this century or even this decade, that is a gold miner that is about to make it to final paydirt and mining? If anyone knows of another that made it to actual mining - let this board know. I was in FLpC and this is the most similar though they mined Antimony and not gold, and they got all the way to re-opening their Fencemaker mine five years ago, which soon after fizzle out. Yet the pps went on a 10,000% run in less then a year because of it and similar float.

...

-Anyone new realize just how long it can take to get to this endpoint. I’ve read anywhere from 5 years to 20 years(!) - and btw it’s taken BMIX many many years too - so what’s nice is we all here now only have to wait a short time as in weeks.

From BusinessInsider.com (a must read article on gold for anyone here invested):

“Compounding the issue is the fact that the number of years between discovery of a new major deposit and production is widening, due to the increase in feasibility assessments, compliance, licenses and more—and that's all before nugget one can be extracted. The average lead time for gold mines worldwide is close to 20 years, though it can sometimes be more, depending on the jurisdiction. This highlights the need for worldwide policy reform to remove many of the barriers that obstruct responsible mining.”

https://www.businessinsider.com/were-running-out-of-gold-and-the-price-will-go-up-2016-8


Or, look at it all this way: we know almost all mining stocks in OTC have claims, some have NI 43-101 done some don’t - and that right there can take years...some have positive core samples done and analyzed some dont....some have financing some dont, some have the proper equipment and processing machines and some dont.....some have the years long government and environmental permits done and some dont.....some have huge billions OS and AS some dont...

BMIX has all these things done and a small 370 mil float that moves up at times .001 on only a few million bought on ask(!)

Also...incredibly for a subpenny stock....there are gold Junior Mining stocks on the Nasdaq that are years away from where BMIX is and actual mining about to start: they are caught up in one of the above stages. Some always will be and never get to actual mining. Yet they trade on Nasdaq. BMIX is subpenny.

So BMIX simply becomes the most compelling Junior Miner public company to consider...especially with Gold at 5 year highs: that is just the best possible luck for BMIX when years ago they started to go through all the steps...not knowing if they would get through them all like any other Miner....and then right when they are about to mine for gold, gold would be at 5 year highs? ...wow. Why like 500 IHub people dont buy just one million shares based on all the above...i seriously don’t know.

Sometimes things line up and the timing is perfect in the OTC. Not often, but BMIX is a case in point.....and just got very lucky with the timing of everything which of course is very fortunate for us shareholders....: get ready for a possible Summer of Gold breakout (maybe soon going over $1,500 an ounce) fueling a low float extremely rare OTC stock that will soon be mining gold.