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Re: Zardiw post# 9344

Saturday, 08/20/2022 8:46:11 AM

Saturday, August 20, 2022 8:46:11 AM

Post# of 17650
$BMXI for Dummies:

There are many reasons why $BMXI is trading WAY lower than she should be.

I think the main reason is she just fell through the cracks, and not enough people are aware of what's going on with her, and what her true value actually is.

First of all, $BMXI is a Gold Mining stock that had a net profit of $2M last quarter.
They only deal with Producing, or near Production projects. They are not into exploration like other junior mining companies.

1. Book Value.

Book Value is what a company is actually worth per share.
It's the assets (what she owns) minus the liabilities (what she owes) divided by the number of shares the company has.
$BMXI has a total worth of $24M. There's 33M shares outstanding. Divide $24M by 33M and you get .73/share Book Value.

But $BMXI is currently trading at .20, so she's trading at about 1/3 of her actual value! That just doesn't happen in stocks, that's WAY out of wack.

Amazon ( $AMZN ) has a Book Value of $13/share and is trading at $145/share or 11 times Book Value.
Tesla ( $TSLA ) has a Book Value of $36/share and is trading at $920/share, or 25 times Book Value.

There's many companies out there that actually have NO Book Value and are trading at pretty high prices.
$NWBO, a pretty popular stock has a Book Value of MINUS .09. Which basically makes the company worthless.
They owe more than the own. If she went tits up today, shareholders would get NOTHING.
Yet she's trading at .63 currently, and has been as high as $1.91 within the last 200 Days.

Stocks trade at some kind of multiple of Book Value. Amazon is 11 times, Tesla is 25 times.

If $BMXI were trading at say 10 times Book Value, she'd be at $7.30/share.

2. Earnings per share, or EPS.

Companies trade at some kind of multiple of EPS.

EPS is what a company is earning. $BMXI has an EPS of .46/share (From the Wall Street Journal - https://www.wsj.com/market-data/quotes/BMXI/financials )

For a company to trade at roughly 1/2 of her EPS is truly insane and gives new meaning to the term Under Valued...lol

For comparison, Twitter ($TWTR ) has a Negative EPS (-.37 last quarter)... They are actually Losing money, yet they trade at $44/share.
Tesla had an EPS of 2.35 and is trading at $920, or 391 times the EPS!
Amazon had an EPS of Negative .20 and is trading at $145/share.
Microsoft ($MSFT ) has an EPS of 2.24 and is trading at $293/share or 130 times the EPS.

If you put a VERY conservative multiple on the EPS of $BMXI of say 100, share price would be $20/share!

3. Expansion/Growth.

$BMXI just got 2 new properties in Canada and Alaska.
Estimated revenues from those are $300-400 Million.
Production will start this year and go full speed in 2023.

4. Uplisting.

The company is working to uplist to the NYSE MKT exchange and has put a high priority on that goal.
Very few companies actually uplist to a Big Board exchange, but $BMXI has the financials to make that actually happen.

Bottom Line:

$BMXI is a very fast growing company, and will have a significantly higher value down the road.
All companies start small before they get big. Tesla, Microsoft, Amazon, Google, etc all started small.

Owning shares of $BMXI is like being at the beginning stages of a large company.

How many times have you heard 'If I had bought XXXX in XXXX, I'd be a millionaire now?'

Z

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