Replies to post #53649 on Atlas Lithium Corp (ATLX)

[Xylan]

I’m thinking it’s going to take very roughly 632,583,371 shares of dilution and a reverse split….

Then they will need to do phase 2 of studies!!!

[getmoreshares]

PASADENA, CA -- April 19, 2016 BRAZIL MINERALS, INC. ANNOUNCES RECEIPT OF IMPORTANT DIAMOND AND GOLD MINING PERMIT

PASADENA, CA -- April 19, 2016 -- InvestorsHub NewsWire -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX") announced that today's edition of the Brazilian government gazette features the publication of its long-awaited permit to begin mining a promising new diamond and gold area.

BMIX intends to begin today the process of excavation and removal of diamondiferous and auriferous gravel from this new area. All operations are open-sky. It may take approximately ten days to safely reach the level of between 12 to 15 meters below ground where such gravel is found. Thereafter, it should take approximately five days for removal and transport of enough material to our large processing plant to begin the recovery of diamonds and gold. Therefore, the Company expects to have its first production from this new area by early May, and generate cash from sales shortly thereafter.