Replies to post #3224 on Brookmount Exploration Inc (BMXI)

[Chipaway]

Great DD

[mfp2013]

I am certainly far from experienced when it comes to gold stocks. Was wondering... when they become SEC reporting, uplisted and continue to grow revs and profits... do smaller exploration miners ever get bought out by the mid tier mining companies?

[sharky]

Anticipated sales for the fiscal year to 11/30/2018 in excess of $3.5 million, generating profit from operations exceeding $1.5 million. In addition to revenue recorded from sales of gold produced during the year, the final result is anticipated to include approximately $2 million in additional revenue as a result of the arrangement, concluded by The Company during the last quarter, whereby The Company acts as sales agent for a select group of producers in the region. The Company, in conjunction with its auditor ShineWing Australia, is in the process of completing an audit of its operations for the past 2 financial years in order to transition to fully reporting status.

Brookmount conducts its gold mining and processing operations through its Indonesian subsidiary incorporated in Sulawesi Province, Republic of Indonesia, one of Asia’s most dynamic and rapidly expanding economies with extensive reserves of natural resources and minerals including timber, coal, gold and hydrocarbons.



$BMXI