$BMIX on watch for production news any day now
Don’t get caught chasing
Main site progressing well: auriferous and diamondiferous alluvial material was reached and is being removed and processed for recovery of diamonds and gold https://twitter.com/bmixstock/status/1181929587300716550?s=21
OTC Markets SS as of October 1st https://www.otcmarkets.com/stock/BMIX/security
OTC Markets OS is 1,081,637,662 which means there is still 118 million shares left in the AS And Only 11 million shares added to OS in past month.
Float is only 725 million
Details on production via 8k expected soon
Progress tweet https://twitter.com/bmixstock/status/1173608499365863426?s=21
$BMIX has acres/claims/rights/royalties of Gold, Diamonds, REEs, Lithium and more. Tough to find a better OTC mining stock
"In 2% of the total area of the Jequitinhonha Project areas, detailed drilling was performed leading with to an NI 43-101 technical report with over $100M in mineralization value from gold and diamonds"
Our present market valuation is $4M.
What happens to the share price if the company is valuated at $100M? And, $100M is not an excessively high range for active and revenue-producing gold and diamond companies. We are looking at .10/share. $BMIX buy before production news
Historical stats below https://ih.advfn.com/stock-market/USOTC/brazil-minerals-pk-BMIX/historical
VWAP last 3 months is at .0052
That’s the average PPS for the last 3 months
Trading in a VWAP channel until we get the stunning production news that will propel us to .05+++
Progress tweet... it’s coming https://twitter.com/bmixstock/status/1173608499365863426?s=21 $BMIX buy & hold for gold & diamonds
With a $2.5 mil processing facility
“In the current mining site, excavation has reached a depth of approximately 25 feet. Between 35 to 50 feet in depth the desired auriferous and diamondiferous gravel layer appears, https://mailchi.mp/brazil-minerals/brazil-minerals-inc-updates-on-diamond-gold-mining-operations” https://twitter.com/bmixstock/status/1164116063958831105?s=21
· We have obtained the final permit needed for mining our new gold and diamond project along the Jequitinhonha River in Brazil, and we are currently mining it.
As disclosed previously, a drilling campaign indicated that 35 out of 35 drills holes were positive for gold. Additionally, in a majority of such drill holes, the so-called “satellite markers” that indicate the likely presence of diamonds were recovered.
· We obtained confirmation of nickel from in-loco geochemical studies in one of our projects.
· We added to our list of projects a mineral right for Iron in a premier area with iron mines.
· We added to our list of projects three mineral rights for Rare Earths in well-known areas for these minerals. https://www.otcmarkets.com/filing/html?id=13602639&guid=UHMIUF9S0YB263h
2019-08-19, Page 53 of 66
DD below is both undeniable and verifiable
Company has over 200 drill hole logs, an NI 43-101 a Feasibility study and a 2.5 mil dollar processing plant and a record of the production history.
Institutional Investor with BMIX owning 47% https://www.otcmarkets.com/stock/JUPGF/news/story?e&id=1403765
Warberg Asset Management LLC came in as an investor on board and that means they were shown a solid business plan with data before they have invested in the BMIX operations !
(OTC: JUPGF) (“Jupiter Gold” or the “Company”) today reported that it has received an initial equity investment from U.S. institutional investor Warberg Asset Management LLC. http://www.investorpoint.com/stock/BMIX-Brazil%20Minerals%20Inc/news/6014747752953504/
Warberg has holdings in the 209 million $ range and each of these holding is estimated to 13 million $
their initial investment in each of their holdings are between 100 k and 500 K http://www.trackhedgefunds.com/warberg-asset-management-llc
so if they are going to put here something between 250 and 500 k and eye after a return on investment in the 10 million $ range
that means what it means !
they are looking at a more than 3000 % in return over the next years !
and with pennystocks they could achieve that in a couple of months with the right set of news !
it is only a matter of little time now and the market will know what Warberg has seen to put their money here !
$BMIX confirmed as of July 26th that the CEO & affiliates were holding 630 million shares https://www.otcmarkets.com/filing/html?id=13554592&guid=FYGIUFYs560sH3h
Marc Fogassa CEO owned 365,201,226 shares (5)
Ambassador Roger Noriega Director owned 65,428,637 shares (6)
Igor Tkachenko owned 200,000,000 shares
(5) Includes shares of our common stock which are obtainable through exercise of options received on extinguishment of notes issued by the Company to Marc Fogassa for various unpaid obligations and shares of common stock owned by entities deemed to be controlled by Marc Fogassa.
(6) Includes shares of our common stock which are obtainable through exercise of options received as compensation for directorship.
BMIX is a Fully SEC reporting company
CEO Video Interview https://youtu.be/0gGWiZcxptw
Video of their 2.5 mil dollar processing facility. “mining operation” https://youtu.be/ZTtHbledWQg
Small increase in AS shows company is anticipating becoming CASH FLOW positive with imminent start of gold production.
Previous PR anticipated production in 6-8 weeks which is now due any day.
CEO is from a multi-generation Diamond business family and has both an Electrical Engineering degree from MIT and a Medical degree from Harvard. Stellar CEO background
Harvard education proof https://twitter.com/keeprealistic/status/1164062458874646528?s=21
Per the links below, Dr. Marc Fogassa… http://www.bloomberg.com/research/stocks/people/person.asp?personId=603389&ticker=ACHN&previousCapId=29930&previousTitle=INHIBITEX%2520INC http://www.brazil-minerals.com/corporate/management/
** Dr. Marc Fogassa currently serves as the Chairman of the Board, Chief Executive Officer, President, Chief Financial Officer, Chief Accounting Officer, Secretary and Treasurer of BMIX.
** Dr. Marc Fogassa served at Goldman, Sachs & Co. which trades on the NYSE at over $196.00+ per share: http://www.goldmansachs.com/
** Dr. Marc Fogassa served at Deloitte Consulting: http://www2.deloitte.com/us/en/services/consulting.html?icid=top_consulting
** Dr. Marc Fogassa served as the Principal of Axiom Venture Partners, L.P: http://www.axiomventures.com/
** Dr. Marc Fogassa co-founded and served as the Chief Executive Officer of Spring Wireless (now Spring Mobile Solutions): http://www.springmobilesolutions.com/
To get an idea of the magnitude of him being a co-founder and the CEO Spring Wireless and the Goldman Sachs relationship, here is some previous news where Goldman Sachs, SAP Ventures, and New Enterprise Associates invested $12 Million into Spring Wireless (now Spring Mobile Solutions). See the confirmation of such below: https://maandate.com/done-deals/goldman-sachs-invests-in-spring-mobile-solutions1 http://sapphireventures.com/ http://www.nea.com/
Also too, important to note, Spring Wireless (now Spring Mobile Solutions) serves more than 330,000 enterprise users within over 450 enterprises around the world, including customers such as Inbev, Kellogg's, P&G, Kraft Foods, Citibank and Santander: http://www.prnewswire.com/news-releases/spring-wireless-secures-12-million-in-growth-equity-led-by-sap-ventures-93992019.html
** Dr. Marc Fogassa served as Director of Proximities Inc. since November 8, 2004. As of December 31, 2007, Proximities, Inc. was acquired by Bartronics America, Inc. Proximities, Inc. manufactures and markets radio frequency identification (RFID) solutions: http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=12519879
Bartronics set the precedence of executing contracts exceeding US $1 billion… https://www.linkedin.com/company/bartronics-america-inc.?trk=company_logo http://www.bartronics.com/
** Dr. Marc Fogassa served as Director of MediSpectra, Inc. http://www.medispectra.com/
** Dr. Marc Fogassa served as a Director of Achillion Pharmaceuticals, Inc. which trades on the NASDAQ GS at $10.00+ per share . http://www.achillion.com/
** Dr. Marc Fogassa served as Director of WiDeFi Incorporated since November 8, 2004. http://www.widefi.com/
** Dr. Marc Fogassa served as Director of Percardia, Inc. http://www.bizjournals.com/boston/blog/mass-high-tech/2003/11/percardia-closes-d-round-at-235m-buys-ip-from.html
”Percardia has raised $55 million to date to fund research, development and clinical trials of its VCAB/VSTENT device.”
** Dr. Marc Fogassa, at Harvard University, was elected as a Co-President of the 350-member Venture Capital & Principal Investment Club: http://www.harvard.edu/
** Dr. Marc Fogassa, at medical school, held several peer reviewed publications and received the Nancy Lurie Marks Research Award.
** Dr. Marc Fogassa double-majored at MIT, receiving a B.S. in Electrical Engineering and a B.S. in Biology and graduating with Tau Beta Pi and Sigma Xi honors: http://web.mit.edu/
** Dr. Marc Fogassa also received his M.B.A. from Harvard Business School:
** Dr. Marc Fogassa received his Medical Degree from Harvard Medical School:
** Dr. Marc Fogassa pursued surgical training at UCLA Medical Center: https://www.uclahealth.org/reagan/Pages/default.aspx
There is more to review for the achievements of the BMIX CEO, Dr. Marc Fogassa, as I have not seen a penny stock CEO with this powerful of a resume. I’m guessing that a man with these very serious qualifications and connections that this gentleman has will only result in something very positive for BMIX shareholders. He does not seem to be here to mislead or fail with his BMIX venture. He seems to be goal driven to… set goals… build a plan to achieve them… and then actually achieve them. BMIX Official Permit for the 35 holes tested positive
Connecting the $$$ dots $$$ by poster Balamidas https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150368079
from the last 10 Q BMIX acquired addition 25 % in RST which bring its ownership to 50 %
During the year ended December 31, 2014, BMIX acquired an initial 25% interest in RST Recursos Minerais Ltda. ("RST"), and during the first quarter of 2015, it acquired an additional 25% interest in RST, thus bringing its total ownership of RST to 50%. As of March 18, 2015, RST has been consolidated within the Company's financial statements. https://www.otcmarkets.com/filing/html?id=13442648&guid=BZ5IUamhH0j2W8h
RST secured the mining report back in 2015 and was published in Official Gazette in March 2018!
"In 2015, RST Recursos Minerais Ltda., a unit of Brazil Minerals Inc., secured a permit from local authorities valid for four years to initiate diamond and gold mining in the area of the Jequitinhonha River." http://www.in.gov.br/materia/-/asset_publisher/Kujrw0TZC2Mb/content/id/6626278/do1-2018-03-15-despacho-6626274
833.782/2006-RST RECURSOS MINERAIS LTDA.
in September 2018
BMIX updated about the drilling on their 35 holes tested positive and formed a JV for the diamond in that area
link to PR >> https://www.thediamondloupe.com/mining-and-exploration/2018-09-21/brazil-minerals-discovers-diamond-rich-zone
and in May 2019
BMIX updated again about the drilling on those 35 holes >> http://www.investorpoint.com/stock/BMIX-Brazil%20Minerals%20Inc/news/4725950325680198/
and Finally in June 4
BIMX announced that it has obtained the last
necessary approval from a regulatory entity in Brazil to allow mining for gold and diamonds in one of its many Jequitinhonha River Valley mineral rights.
yes investors should pay attention here to the word "last"
“the last” are important words in the PR because the CEO next in the same PR explains that they had to go through the hurdle of changing requirements for licensing and permitting for mining ! http://www.investorpoint.com/stock/BMIX-Brazil%20Minerals%20Inc/news/7677215552325780/
and here we come to" Brazil Minerals believes that the initial excavation to attain the level needed for auriferous and diamondiferous gravel removal will take six to eight weeks, after which regular processing should start."
the CEO has mentioning that BMIX went through the hurdle of changing requirements for licensing and permitting for mining >>>
"Marc Fogassa, CEO of Brazil Minerals, commented, “This news is timely and very well received. We have built a strong local team that is able to work diligently through complex and changing requirements for licensing and permitting for mining. It’s beginning to bear fruit and we’re not stopping here as we want to be producing revenues from multiple mining sites in due time.” DON'T LET ANYONE FOOL YOU >>>the Production phase on the 35 holes is the hard work of many years and is here now
BMIX has permits from the Gov ,it is official papers we are talking about here.
the permit for the 35 holes was there since a while ,the drilling updates came in a timely manner and now we are moving it into production !
that is why the big institution came on board
PHOTOS OF THE MINING SITE https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149022856
BMIX obtains three mineral rights to RARE EARTHS AREAS
On August 7, 2019, the Company obtained the rights over claims for rare earths areas totaling 12,528 acres in Brazil and comprising three mineral rights. Two mineral rights are in the state of Goiás and one mineral right is in the state of Tocantins.
Brazil is one of only very few countries where rare earths are known to occur in concentrations allowing economic recovery. The term “rare earths” denotes a group of seventeen minerals which are needed in small amounts but essential in several high-technology applications including electric vehicles and military hardware. China appears to control the majority of the world’s supply of rare earths according to multiple news media articles that appeared recently. https://ih.advfn.com/stock-market/USOTC/brazil-minerals-inc-BMIX/stock-news/80540756/current-report-filing-8-k