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Re: bar1080 post# 221604

Saturday, 06/08/2024 2:32:44 PM

Saturday, June 08, 2024 2:32:44 PM

Post# of 222015
Thanks, but I don't feel I have done that particular board much good.....as the mining scams have tapered off a bit in recent years, I have kept my focus on a few interesting ones (AABB, WSRC and a few others) but have not really maintained the Mining Research Board.

As for BMXI, it is most definitely a scam, IMO. I remember looking into it a few months ago, and if you spend 2 minutes on their website, you will see why. Not a single technical report. It is hard to evaluate a company's mining assets or expertise when they make no technical reports available. Every link they have, every "report", etc. is nothing but an idiotic plug for why gold is such a good investment. That is a sure sign that they don't really have any mining assets, but they sure do want to appeal to a typical investor's love of gold.

The pictures and videos they post? Very small scale artisanal mining by locals, and no evidence that the company BMXI has anything really to do with any of it. My guess is that they got a tour of some of these operations, took some pictures.....and that's their only connection. They do claim to have some mining properties in Alaska and Canada....those might be worth digging into to see if they are real or not, or if they have any actual ownership. It doesn't take much to pay a token lease for a year or two to allow them to promote it, if the claim has been deemed uneconomic by legit companies and the owner still wants to make a few bucks (which is better than nothing).

Another thing I look at is their BOD and Management. In this case, a bunch of "money people" but only one technical person but with no apparent connections to the gold mining industry. Their geologist supposedly found a bunch of bitumen in Canada and was involved in diamond mining - maybe that is real, but would require some digging to confirm. However, my feeling is that their "geologist" has no real connections to the company other than maybe being handed some restricted shares to let them use his bio. Does he sign their PRs as a qualified professional? Of course not.

1manband pointed out that their financials look fabricated. I would go further and say that is almost a certainty......with no credible evidence of real operations or assets, they would have to be entirely fabricated.

BMXI is one to keep an eye on, for sure. In the meantime, it looks like AABB is winding down, finally. On the eve of their big mineral production facility being completed in Etzatlan, Mexico......their main promoter BennyMojo (aka MomoRaptor, aka PinkPantherStocks) disappeared from Ihub and his X page (@BennyStox), over a month ago. Most of the other pumpers have also suddenly stopped posting on Ihub. The stock has lost 2/3 of its value in the last couple months, and sinking towards a 3 year low. Will the CEO (or the actor playing him in promotional videos) suddenly disappear too? Will he be found facedown in a Mexican stream like the management of SRGE?? I hope they find a way to "disappear" him that is memorable but they'll never top that.

Do your own research, use third-party sources, and don't buy into the hype.

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