MsKitty1
2 days ago
Update from X formally TWITTER:
$BMXI We are pleased to confirm that management, together with representatives of Hall Chadwick's Indonesian Audit Partner, will be at the Talawaan facility from Monday April 22nd through Thursday April 25th to conduct onsite diligence and audit review, including fixed assets,…— Brookmount Gold (@brookmountgold) April 17, 2024
warfaretrader
3 days ago
I can think of one guy here that said he'll look to add to his shares lower, like a flush lower! (Inside GAPPY) Regardless of what anyone on this board says, from the Perma bulls you know who. Always "just wait" regardless of when you're waiting for 3.5 years for the audit which is right around the corner. Is it right around the corner now?? Well, that's the game in the OTC isn't it. The bears/bashers/trolls are going to give their perspective which isn't wrong by any means. Nils continues to lead this long term bagholders back to the dilution water trough, its what all these CEO's do at OTC companies. Without dilution the vast majority die! Getting funding, hell even Toxic lending isn't easy for the past 3 years. The fact they're getting $$ is a huge +. Short term is sucks for shareholders... Some shareholders. Those that can truly read PA can see what's taking place. Who's right? The Bears? Going on 4 years with no audit, none stop dilution into pr's, same old game right? Bulls/Pumpers, lol the sky is always blue in their world. It's keeps them from ever looking at their trading patterns and learning from their mistakes. Which they never make any, they'll simply holds those bags forever is needed and continue selling rainbows and unicorns on ever ticker they own and pump on IHUB.
In this case I believe the pumper will get a win. Will the inside Gap at .0307 on 04/01/24 get filled?? If it does I believe it will occur on a deep flush intraday trade, and imo doubtful that will take place. From a technical perspective, we are sitting on the 200ma on both the daily and weekly pretty nice support here. I'll be a buyer on anything below .049. The daily PA for over a month makes is crystal clear the company is selling shares, regardless of confirming it on the OTC markets O/S updates. What's also crystal clear is most of this dilution is being sucked up and it's not by retail!!! quailityincolor is correct about that, some want the price to go lower!! I'm one of them! I know what's coming!
ramalio
4 days ago
Same ol´, buddy, isn´t it? - news with may be positive numbers, followed ASAP by continued dilution.
How should/can this ever gain those levels all the well meaning guys here regularly claim we´ll reach once?
It´s like a rat race without any chance to the better.
It´s nice when you guys (I´m avoiding names to preserve my 3 posts here, LOL) are debating (great) ore-content-, book value-, multiple- etc. numbers which allegedly should see us fundamentally in the dollar- resp. (at least) several dimes-range - as long however worthless as there´s someone/anything who/which doesn´t like it making this a fact (for what reason ever).
What I especially hate: CEO playing a lousy game with us by releasing regularly polite, sweet pr´s and letting follow pps-damaging dilution.
Called "perfidous".
But yes, it´s our decision being here (and masochistic) actually.
However, anything would be easier bearable if you weren´t continuously at the half of your investment price ...
JJZander
4 days ago
Brookmount Gold Announces Strong Q1 2024 Results
Press Release | 04/15/2024
Brookmount Gold Logo
Brookmount Gold (OTC: BMXI) today announced strong operating results for Q1 2024, with sales of $4.7 million in Q1 2024 vs. $4.5 million in Q1 2023, an increase of 4% over the prior year period. Net Income was $2.8 million for Q1 2024, vs. $2.5 million for Q1 2023, an increase of 12% over the prior year period. âÂ?Â?We are excited about our continued positive operating results from our Talawaan operation and look forward to getting our second and very profitable Alason property (also in North Sulawesi) back into production very soonâÂ?Â, commented CEO, Nils Ollquist. âÂ?Â?With the gold price recently reaching all-time highs at $2,400 an ounce, we remain solidly optimistic about Brookmount's operating revenue growth and subsequent continuation of strong profits going forward.âÂ?Â
Ollquist continued, âÂ?Â?There are important milestones to note in the near-term for Brookmount, which we anticipate coming to fruition in the next 60-90 days. Firstly, we recently contracted with the Hall Chadwick Group (based in Sydney, AUS) and Accell Audit & Compliance (based in Florida, USA) to complete our 3-Year PCAOB Audit, with a site visit to Talawaan scheduled for April 20th, 2024. Errin Kimball, Global Director of Operations at Brookmount, and myself will be present to help facilitate the visit and coordinate with the auditor. Additionally, Errin will be conducing geological diligence to derive an understanding of the value of the recently discovered high-yield gold seam on the permitter of the Talawaan property. Secondly, weâÂ?Â?ve reached an agreement in-principle to purchase the Talawaan Mining Operations from our Joint-Venture Partner, with a closing date set for June 30th, 2024. We are excited to take-over operations at the Talawaan mine and convert the operation from an investment to a wholly owned and controlled operational unit of Brookmount.âÂ?Â
warfaretrader
7 days ago
The Diluting M's haven't went anywhere. With all the directive trading platforms today, its not only the M's who can play with the Bid & Ask. OTCN has been a dominate market makers diluting shares for countless tickers in the OTC for the past 3 years. Their also moving shares through other M's/ECN as well. Making it look like one is a buyer when essentially, he's a seller. Anyone with a decent size account can manipulate these tickers al l day long. These same trading platforms not only allow you to pick your M/M/ECN they also allow you to hide shares. I simply show i'm selling 10K on the ASK but what i'm not showing is the other 2 million shares. It's part of the game! The dilution will be over at some point, hopefully soon. Until then zero maters with this stock other than the audit. If you believe its coming you should be buying hand over fist! I have been during this whole downward dilution spiral. Remember I'm the guy that was selling millions of shares back last April at $.18 through $.20, tripling that investment in a little over a month. All when Mr. DD was telling me i was a fool for doing so. He's left this platform since. This run I feel will be different, the PA/volume is painting a completely different story. This play could be huge! GLA