Replies to post #8238 on Brookmount Exploration Inc (BMXI)

[Choi]

They have many production sites. No permits were revoked and the covid restriction has eased in Indonesia and will commence operations as recently stated in a shareholder update. If anything, production will expand there.


“Overall, we are very satisfied with the Company’s performance for the period and particularly pleased that the operations at our Talawaan facility continued to maintain the strong profitability of the past 18 months from continued exploitation of the anomalous high-grade reef structure running across the northern perimeter of our property. This, above plan performance has enabled the Company to offset any possible impact of the suspension of the heap leaching operations at Alason resulting from Covid induced restrictions. In all likelihood, given the recent announcement of relaxation of Covid restrictions in Indonesia, operations at Alason will recommence in the 3rd quarter of 2022.”


https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Explorations-Inc-Financial-Results-Commentary-and-Shareholder-Update?id=356562

[Aquahoya]

We will have to see but it was due to non-compliance. So companies werent being compliant with the governments wishes. Right now, we have no reason to believe Brookmount was on that seeing they are using the land as we speak.

[QTRADERQ]

LMAO your article basically says about 10- 20 permits out of 2,065 permits were for gold miners. About one-half of 1% LOL

dozens of bauxite, copper and gold mining licenses have also been revoked.

Furthermore, the land has been used so $BMXI investors have nothing to worry about since their reasons for revocation do not apply

forest-use permits to be revoked due to non-compliance or because they had not been used.

Non-compliance. For what? ..paperwork. LOL