InvestorsHub Logo
Followers 471
Posts 29772
Boards Moderated 1
Alias Born 11/12/2016

Re: balamidas post# 33962

Wednesday, 07/31/2019 8:30:42 AM

Wednesday, July 31, 2019 8:30:42 AM

Post# of 55227
“If I have to pick, I would say somewhere between 25 cents and 2 dollars could be seen here”

And some are selling under a penny.

There is going to be some serious sellers remorse here like there was in OW CP

Know what you own !

$BMIX expecting 8k on start of GOLD production this week

Surprise Institutional Investor with BMIX owning 47%
https://www.otcmarkets.com/stock/JUPGF/news/story?e&id=1403765

BMIX tradable float as of July 26th is only 284 million with CEO & affiliates holding a stunning 630 million shares


BMIX is a Fully SEC reporting company

CEO Video Interview


Video on their 2.5 mil dollar processing facility. “mining operation”


Small increase in AS shows company is anticipating to become CASH FLOW positive very soon.

Previous PR anticipated production in 6-8 weeks, it’s 8 weeks on Tuesday

Shared Email to a shareholder last week confirmed ALL is on schedule as per PR’s and filings

Timely filing of a small AS increase on Friday is just one more clue of imminent start of gold production.

AS only has 35 mil shares left for next 13 days before DEF14C activates AS increase.

Must read detailed DD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150169873

the AS increase of just 250 million shares show us 2 positive things

1-NO RS is coming because when a company has a maxed out share structure it can raise the AS or reverse split so now we have the confirmation of no reverse split !

2-the small increase of the AS also tell us that the company is in a little need to sell many shares probably because they are moving into production and moving towards becoming cash flow positive as it was anticipated in one of their past PR’s.

Market is forward looking

As soon as production starts and the company provides guidance the Market will decide what value the stock has and move to it

.05+++ may come very quickly here

OS increase in the last month has not been much considering some of the OS increase went to pay CEO salary and the rest to raise funds for operations.

Plus any funds raised after production (until company becomes cash flow positive) will be at a much higher pps requiring less shares.

Form 4 filed showing funds raised last month
https://www.otcmarkets.com/filing/html?id=13544059&guid=FYGIUFYs560sH3h

O/S: 868,086,832 as of 7/1/19 (OTC Markets Website, Verified by Transfer Agent)
https://www.otcmarkets.com/stock/BMIX/security
=> O/S 914,784,917 as of 7/26/19 from filing
https://www.otcmarkets.com/filing/html?id=13554592&guid=FYGIUFYs560sH3h



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