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Re: Zardiw post# 10905

Tuesday, 08/30/2022 12:56:43 PM

Tuesday, August 30, 2022 12:56:43 PM

Post# of 25727
Read between lines... that seller needs to get paid something, and 1M shares of BMXI (at what price? $0.10?) is not much money for 100 hectors with a mine and supposed potential gold veins, and so selling, needing some payment for the transaction, agreed to future net cost-free profits from production, that has yet to occur, is potential, and may never occur, and if so how much, etc. We also do not know the specifics of the transaction, where if no production it may have been agreed the land may return to the seller, etc., where the 1M shares is like an option.
The lines to read are not some 'other lines' to be read and read between, other than those lines that is thinking only one (profit-only) outcome.

Further,
"Reason for them to stop mining it is probably costs".
Most definitely. It was cost-prohibitive to continue mining at whatever time the previous mine company gave-up on the future potential in the ground.

And, as above.

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