InvestorsHub Logo

ImOnABoat

07/28/16 2:45 PM

#18560 RE: jayess #18559

If you look through my DD sticky, you will see that BMIX has such a large number of properties - some of them thousands of acres in area - that they won't even be able to touch 10% of those reserves by themselves in the next 10 years. Partnerships and parallel cash flows from such partnerships is the smartest way for BMIX to go forward both short and long term.

junebug3211

07/28/16 3:23 PM

#18561 RE: jayess #18559

I would suspect the investors involved in these subsidiaries will pay a pretty penny to own these or be involved in them in some way. WE WILL NOT HAVE TO BUY EXPENSIVE EQUIPMENT TO MINE THEM, HIRE ALOT OF NEW EMPLOYEES TO WORK THEM-WE WILL SIMPLY GET A CHECK FOR ANY MINERALS THEY EXTRACT AND THEY MUST BEAR THE COST OF EXTRACTING THOSE MINERALS. SOUNDS LIKE A SMART MAN IS RUNNING THE SHOW HERE... Sorry about the caps-hit the wrong key-duh...As itmd said, we could never get to mining all these locations for years. This way, we can start seeing revenues much, much sooner IMO.

iLLtrade

07/28/16 3:47 PM

#18564 RE: jayess #18559

Haha. Lunch break and I'm here on IHUB. love it


I'm new here and still getting my head around the company and the mining industry in general. I just finished reading the DD page from I.T.M.D last night. Lots of info and wasn't sure if the info in the article had been mentioned or rumored to be in the works anywhere. It seemed good so I posted the link. Haha

To all of you who've been here a while this news seems fantastic. Yet we still sit @ no bid/triple 1's.

How do we get that article to the Wall Street Journal? We need more exposure.

Anyways good luck to all. I have a large AMZN earnings play in about half an hour. If all goes well I'm gonna pick up more BMIX.

Back to work now. I'll check in later!

mymonies

07/30/16 12:03 AM

#18633 RE: jayess #18559

BMIX gets 25% gross, so if another company takes in 1 Million bucks BMIX gets $250,000. The other company pays it's expenses out of the $750,000.
in order for any company to concider doing such a thing with BMIX there has to be good Gold and or Diamonds for any company to concider such things.
Good Trading To You.