DD Support Board and Research Team

[gitreal]

Okay, one more post about that volcano-inundated gold mine in Indonesia. This is from a very recent mine visit bulletin issued by BMXI for a visit between the dates of April 30, 2024 and May 7, 2024:

The reason for increasing the efficiency and production tonnage is due to the high grade of ore. Each individual 50kg ore bag from the
surveyed mining sites is showing assay results ranging from 1 gram to a high of 4 grams per bag. This equates 20 to 80 grams per
metric tonne (0.64 opt to 2.57 opt). and would be considered extremely high (anomalous) gold grades.

Does anybody see anything wrong with the math? Anything?

I'll explain. Here's the big lie they just issued......

A bag of ore that has a grade of 1-4 g/ton Au does not "equate" to 20 to 80 g/ton Au. It equates to 1-4 g/ton. That bag of ore, no matter what it weighs, has a certain grade. Not sure why they don't have an actual grade, and instead give it a range, but we'll go with that. But here's the thing.....a larger bag of the same ore has the same grade. An even bigger bag of ore, has the same grade. A one-ton pile of the same ore has....wait for it....the same grade. There is no justification to multiplying by 20....none at all. Starting to get the picture?

The crazy high grades they reference in PRs are pure bullshit. And a deliberate lie. And their vaunted geologist should know better. Any mining professional using this kind of magical ore valuation would be fired, or sued, and would probably never work in the field again.

And what would an auditor say about such obviously flawed (and fraudulent) math?

Bottom line, BMXI is an amateurish penny scammer, IMO. With their brand of bogus math.....I have serious doubts that their financials are anything but fabricated.

Also, this same idiotic back-calculation way of showing "high grade" is not new. Recently, SDRC (Sydney) used basically the same method to calculate the grade of a pile of ore they "found" in the woods on one of their claims.

Here's another way to look at it, given that it is Happy Hour somewhere. If the cops pull you over later tonight and you give a blood sample that comes back at 0.2 blood alcohol, do you multiply that number by the volume of blood in your body? By the volume of blood in your arm? No, it is assumed to represent the blood alcohol content in your system. Same with a gold assay, you never multiply it by anything (with the one exception being if the sample analyzed was a concentrate of some kind).

I predict that almost no one on the BMXI board will get this, or will care. Maybe one or two.