IVRT
1 day ago
In my opinion, there will likely be significant pressure on the share price leading up to the conference call. A sell-off could occur the day before, with the stock potentially bottoming out by the end of the investor call. I could be wrong, but I've seen similar patterns many times over the past 25 yearsโjust my humble opinion!
Iโm also hoping to see some photos or videos of around thirty workers at four production shafts, gold bars displayed on tables, and smiling people counting money with excitement in their eyes. It would be great to have assay numbers, production estimates, and gold production predictions for the year, along with audit information, released before the conference call. All these things help to push the share price up so one can make a profit. imho!!!!
Remember it is January and it is the pumping season for all things shiny! imho
gitreal
1 day ago
You were actually partially right....BMXI has filed some SEC documents, some necessary (Form 1-A), some unnecessary (Form 4). And they do summarize a lot of the stuff that I think are fabrications....their production, mining operations, etc. Time will tell, but I think a lot of it (and probably most of it) is fabricated - I base this on years of tracking and evaluating mining-related investment scams.
Let me ask you - what is more significant and meaningful......a publicly traded company's claims of operations and assets in a PR or filings to the OTCMarkets or SEC, or a single poster's opinion on social media? I'd say the company's statements carry a lot more weight (and if false, the management should be held legally accountable). If my opinions prove to be wrong.....oh well.
StockItOut
5 days ago
April 26th, 2024: "CEO, Nils Ollquist. "In February, we contracted with a well-known and respected audit firm Hall Chadwick Group out of Sydney, Australia. Hall Chadwick has a long and illustrious history of completing audit and financial due diligence in the mining industry in both Australia, (world's 2nd largest gold producer), and internationally....
The audit due diligence visit to our Talawaan operation will take place for 3 days from Monday the 29th of April, with Errin Kimball, our Global Director of Operations, and myself onsite to support our local team in facilitating the auditors' understanding of our financial operations, controls, and governance.
As 3 full years of operating data has been uploaded onto our cloud based "Xero" accounting platform, the audit review of our financials has already commenced and is progressing well. We continue to anticipate completion of the audit in May 2024.
A PCAOB audit is required, inter alia, for inclusion in the SEC reporting system and uplisting, to Nasdaq or similar exchange, both of which remain key priorities for management, and will be instrumental in cementing investor confidence in our financial reporting.""
StockItOut
5 days ago
April 26th, 2024 "Given that the majority of our North American properties are each at, or near, production status, we are implementing a strategy whereby these properties will be transferred into a separate listed entity, control of which will be acquired for cash. The transaction will be structured in such a way that a number of benefits will accrue to Brookmount, and most importantly, its shareholders, including a special dividend to Brookmount shareholders consisting of a portion of shares of the acquired vehicle, and direct impact on the Brookmount balance sheet through the carrying value of the balance of the investment."