Brookmount Exploration Inc (BMXI)

[QTRADERQ]

I expect the stock price will begin to discount in "now" expectations for 'probable reserves' at both of their Canadian and US mines (probable reserves means 50% - 90% level of confidence).

In going forward. as levels of confidence increase based on successful gold mining at the two locations.. the 'probable reserve's will eventually become 'proven reserves' (with 90%+ level of confidence of finding gold) and the stock price will reflect that, in advance,

The $BMXI stock price will reflect future gold REVS long before they are booked in the financials.

This article explains it all in greater detail.

Under the CIM Definition Standards, a ‘mineral reserve’ represents the estimated tonnage and grade (mineral concentration in the ore) of ‘the economically mineable part of a Measured and/or Indicated Mineral Resource’.[7] The notion of mineral reserve thus includes a determination of both the technical and economic feasibility of exploiting a mineral resource. Mineral resources may be converted into mineral reserves only when one is satisfied that ‘extraction could reasonably be justified’ after applying various ‘modifying factors’, which include mining, metallurgical, infrastructure, economic, marketing, legal, environmental, social and governmental aspects of the development in question.[8] A mineral reserve may be ‘probable’ or ‘proven’, in an ascending level of confidence.

https://globalarbitrationreview.com/guide/the-guide-mining-arbitrations/2nd-edition/article/valuation-of-non-producing-mineral-properties