Brookmount Exploration Inc (BMXI)

[IVRT]

Why I believe BMXI is going over 75 cents and share, share reduction will happen and uplisting to a higher exchange is going to happen and soon.

BMXI will need to raise more money for their Moosehorn Gold Project. Their goal is to bring this project on line ASAP to tap into the cash flow from mined gold. 43-101 estimates 39,000 ounce of gold can be mined. Addition exploration is needed to prove up to a total of 100,000 ounces of gold from Moosehorn. Investors will want a return on their money and BMXI will need to shore up stock price and move to a higher exchange to increase cash flow and pay off investor and financial backers. The impetus is on BMXI to execute a plan to raise the share price for investors both insiders and retail. Once on a reputable exchange, institutional investors can come on board too. IMHO!!!

From BMXI website:
... Existing gold reserves have been partially surveyed under 43-101 requirements, resulting in a current estimated total resource of 39,000 oz au. Brookmount intends to continue the drill program early next year, to bring the estimated resource to 100,000 oz.au. and has assembled a preliminary budget and plan to bring the project into initial production by later in the year. To that end, The Company has committed to inject additional funding of a minimum $1.5 million to meet projected drilling and rollout costs in addition to approximately $1.6 million in deferred cash obligations arising from the purchase and is in the process of arranging for institutional funding lines to support this process...

https://finance.yahoo.com/news/brookmount-explorations-finalises-acquisition-canadian-133000270.html