MOMO'S BREAKOUT BOARD

[Zardiw]

$BMXI (.42) Reports Financial Results (EPS .49) on Seeking Alpha:

In light of continuing upward pressure on the gold price, a decision was made to defer sale of some production during the year, as a result of which, our inventory of both phase 1 and Phase 2 production has increased. Management believes that sale of this inventory can realize significantly higher prices in early 2022.

In terms of our existing capital structure, the fact that, as a “junior” mining company, we were able to achieve a (weighted average) earnings per share (EPS) of $0.49 per share is a rarity in the markets today and a tribute to our operating team in Indonesia and will greatly assist our capital raising efforts as we move further into the expansion of our platform.

To this end, we have previously announced our expansion into North America during 2021, through the acquisition of a high value gold property in the Yukon area of the Tintina Gold Belt, which runs through Canada and Alaska. This property is well positioned to be moved into production for relatively minimal cost, and our mining plan has scheduled an initial production run during 2022.

https://seekingalpha.com/pr/18693793-brookmount-explorations-inc-reports-financial-results?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews

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