Good morning. I agree with you. And that is why I have been limiting my enthusiasm here. But you are missing one point. That is, they are not a miner. They are an exploration company. It is a general rule that what is shallow may also be deep. Also other areas close to our mines have breached the water area (I am not up on the lingo I think it is called the water table) and they are finding lots of good stuff. The fact is that BMIx owns the rights to the minerals no matter how shallow or how deep.
I can see how others are pissed off at the company for reverse splitting and increasing shares. The other fact is that when there is no high demand for minerals, a company has to do what it must to survive. And, something that I am at least an armchair pro at is recognizing cycles. The commodity cycle is just beginning. Mind you, it takes sometimes decades for the cycle to come back around. I have stated that we are at the very beginning of the cycle in commodities. I have been waiting for 12 years for this. BMIX is lucky to have made it here. If you look back at 2008 some of these little pieces of crap were trading for 1000! Not that BMIX will, just it happened. A side note, take a look at bank stocks.
The fact is, you can buy the shittiest little junior miner and become a millionaire or multimillionaire. The updraft in these little dudes becomes unreal. The Lyft driver and the barber and the candlestick maker become professional investors overnight and will tell you about their investments. That is where the end of the cycle begins. The people who have no business buying into these stocks will buy in at any price. Euphoria takes over and then come the "blow-offs". It would be advisable to look that one up. It will save you from buying at the wrong time and also more importantly from selling at the wrong time. We are are at the very beginning. The VERY BEGINNING. BMIX has a lot of bling and will definitely be attractive. It already is. I think I am changing my mind about holding BMIX. I am beginning to think that there are compelling reasons to buy and hold at least a nice size pocket.
Have I changed your mind a little? Not trying to compel you to do anything. Just making some points. I am open to opposing view points.
Peace
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