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Zardiw

08/15/22 10:12 AM

#4896759 RE: TechnicalAnalyst1984 #4896714

People are wondering how $BMXI can go from .1385 to $3, the minimum price for the planned NYSE MKT exchange uplisting.

Well, it's all based on 2 things: Fundamentals, and Supply/Demand.

And it's been done before: $TSNP/$HMBL ran from .0016 to $7.50 something.

1. Fundamentals:

OS: 33M, Float: 13M

For starters, $BMXI has a Book Value of .73.





Then the WSJ reports that they have an EPS of .46.





Those 2 items alone indicate a logical share price of $'s.

And $BMXI had a Net Profit of $2M last quarter.

The company only deals in producing or near production Gold Mining Projects.

And it is common knowledge that with the insane dilution of the dollar recently, it's only a matter of time before Gold makes an explosive move upwards in value.

2. Supply/Demand

Up to now, we really haven't had any heavy hitters buying $BMXI. ($Traded according to #DDAmanda was only $250K on Friday)

And the Supply is only 13M.

Existing shareholders are hanging on to their shares, because they know what's coming. (I certainly am.).

When high dollar investors start buying the stock, the price will make a radical upward move, because the supply of shares is minimal. (Float Lock).

Bottom Line:

What if $BMXI just slipped through the cracks?.....what if her true share price IS in the multi $...and for one reason or another everybody just overlooked her?

Z