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to the guy that recommended abml

428,763 Views | 2431 Replies | Last: 2 mo ago by El Chupacabra
Petrino1
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Houston Aggie, are you buying more on the dip today?
HoustonAggie37713
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BoDog said:

HoustonAggie, when you say long are you saying a year +? Sorry if this has been mentioned and I just missed it.

Running a quick errand then executing my trade/s today.
I'm long these two specific companies because they will be producing lithium which is going to skyrocket under this administration.

These two specific companies have the talent, land, and mineral rights to be successful.

With ABML, they have elite developers as well. BMIX has good business people, but not as much technical expertise. I'm long period. I won't sell until they are producing revenues. ABML is breaking ground on the Nevada plant soon, and its scheduled for August commissioning.
HoustonAggie37713
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ea1060 said:

Houston Aggie, are you buying more on the dip today?
I have not. I am content to hold.
Bird Poo
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AG
Time to buy HDY
03_Aggie
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In short he's not on the board. Never has been.
jja79
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AG
I like this thread and the discussion. My HS son put some money in BMIX and sold it the same day. Eliminated the need for any cash from dad for the rest of the year. I put some gambling money in both BMIX and ABML and I'm going to sit tight. I haven't done the due diligence of the OP but I can't see any way lithium doesn't do well under this administration.
John Francis Donaghy
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03_Aggie said:

In short he's not on the board. Never has been.


It appears he was on the Advisory Board back when the company was known as Oroplata. I linked the press release from Oroplata from 2016 announcing it. I think sometime since then, he left Oroplata/ABML's Advisory Baord. And as of mid-December 2020, joined the Advisory Board of Altair International.

If Houston has info to the contrary, I'd like to be corrected on this if I'm wrong. But like he said permits are extremely important when it comes to things like mining, and if the son of the Speaker of the House is now greasing political wheels for a direct competitor of the company being discussed here, that's important info for people to know when deciding to buy and hold long term.
wessimo
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AG
ABML issuing $250MM in equity. The going concern warning is concerning.

http://irdirect.net/filings/viewer/index/1576873/000107878221000083/
03_Aggie
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Advisory board is different than BoD. He's essentially a consultant.
John Francis Donaghy
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03_Aggie said:

Advisory board is different than BoD. He's essentially a consultant.


I understand that. And if his role really is just to be a wheel-greaser, I don't think that makes a huge difference. It would still give political access when needed just by having the affiiliation. I don't think anyone is under the impression Pelosi Jr. is actually managing either company. At least they shouldn't be.
GE
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AG
wessimo said:

ABML issuing $250MM in equity. The going concern warning is concerning.

http://irdirect.net/filings/viewer/index/1576873/000107878221000083/
I look at this as a very positive move. It at least starts them in the direction of having capital to execute against their plan. As of Q3 they had total assets of $1.6 million and total liabilities of $5 million. This provides all the capital needed to make that going concern disclosure based on status as of September 28, 2020 largely irrelevant
03_Aggie
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I think I'm agreeing with you. I think it's disingenuous to keep saying he's on their board when he isn't.
wessimo
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AG
Nearly pulled the trigger on GNUS yesterday. Glad I held off. Currently down 40%.
jh0400
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AG
wessimo said:

ABML issuing $250MM in equity. The going concern warning is concerning.

http://irdirect.net/filings/viewer/index/1576873/000107878221000083/


That's a shelf registration. It gives them the ability to raise up to $250MM in equity should they choose to.
Thriller
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AG
Having read through all of the threads, it *feels* like one or both could be pump and dumps. That doesn't mean it's true, it just has that flavor.

If they are, ok. People make (and lose) money on P&Ds all the time. Just be aware of the potential, which it sounds like many are based on their previous posts.

If they aren't, great. Then investors need only be concerned about the factors that could potentally impact any given equity without worrying about companies or people promotig them for their own gain.

At the end of the day, I'm not accusing HoustonAggie of being involved in a P&D. What I am saying is that anyone investing without doing their own DD...well, caveat emptor. That goes for someone on a message board you haven't met, your financial advisor, father-in-law, or anyone else recommending an investment.

Other people have done a good job at listing some of the concerns. Best of luck to each of you - I hope you make a killing.
LatinAggie1997
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AG
I truly like reading all the opinions and insights from those that know where to look, what to look at, and then extrapolate.


I ESPECIALLY love it when it makes me feel warm and fuzzy...not concerned about losses because I only bet what I can lose, but about possible meteoric gains.
ebdb_bnb
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Thriller said:

Having read through all of the threads, it *feels* like one or both could be pump and dumps. That doesn't mean it's true, it just has that flavor.

If they are, ok. People make (and lose) money on P&Ds all the time. Just be aware of the potential, which it sounds like many are based on their previous posts.

If they aren't, great. Then investors need only be concerned about the factors that could potentally impact any given equity without worrying about companies or people promotig them for their own gain.

At the end of the day, I'm not accusing HoustonAggie of being involved in a P&D. What I am saying is that anyone investing without doing their own DD...well, caveat emptor. That goes for someone on a message board you haven't met, your financial advisor, father-in-law, or anyone else recommending an investment.

Other people have done a good job at listing some of the concerns. Best of luck to each of you - I hope you make a killing.
Agreed and I said as much in the beginning.

Just about everyone of his posts follows the penny stock pump playbook.
Jet Black
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Good lord. Give it a rest. A dude on the main thread threw OZSC out there. It's a penny a stock. It went up and then cratered. Go call him out for pushing a pump and dump. Most on this thread are probably still up in BMIX.
ebdb_bnb
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Did that guy spam other forums?
ebdb_bnb
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And good on all of you who made some cash...big or small.
HoustonAggie37713
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I'm long every share. When it ran up I held. When it dips I hold. I'm a long term investor in these two plays. I didn't tell people to buy buy buy or day trade it. I warned people if you day trade it's crazy risky. The people who got in these two plays are up huge and many are net free.

But in the end, people can call me anything they want. All that matters is how much money I (and those invested) make in this. Couldn't be happier with my investment.
putu
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AG
GM announced they plan to be exclusively electric by 2035. Bodes well for Lithium suppliers.
"Cal (9-3) vs. Texas A&M (9-3). On the list of rare sights in Southern California, a team running the option -- as the Aggies like to do with QB Stephen McGee -- ranks right up there with real breasts and 12 inches of snow." Stewart Mandel CNNSI
Ogre09
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AG
I'm down 20% right now. Gotta quit watching it for awhile. Driving myself nuts.
Diggity
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AG
Is that similar to BP being "net zero" by 2050?
HoustonAggie37713
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putu said:

GM announced they plan to be exclusively electric by 2035. Bodes well for Lithium suppliers.


First of many announcements coming. Lithium is the play for the next few years.
LatinAggie1997
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AG
Incidentally, what have you heard and what are your thoughts on the company that others have mentioned Pelosi Jr is possibly now assisting?
HoustonAggie37713
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LatinAggie1997 said:

Incidentally, what have you heard and what are your thoughts on the company that others have mentioned Pelosi Jr is possibly now assisting?


I haven't heard anything on them. But I think all the lithium plays have potential. In ABML you have one that has permits and technical knowledge, and logistics to recycle, mine, and distribute lithium near a Tesla plant. Which I realize I have covered but it's a long thread.
LatinAggie1997
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AG
Thanks.
Just curious about the other company I had never heard of...like all of these.
bmks270
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AG
They have right now, zero logistics, they don't even have a building to accept waste materials to recycle or to accept raw mined materials to extract lithium. Saying "they have the logistics" is an overstatement in my opinion.

I'd rephrase it so say, they will be testing a logistics plan they have developed with a pilot recycling facility.

You're confidence is misleading.
jja79
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AG
You should probably not put any money in it.
bmks270
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AG
Yeah, I think penny stocks aren't for me and I'm being a buzzkill, so I'll change my tone.
HoustonAggie37713
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bmks270 said:

They have right now, zero logistics, they don't even have a building to accept waste materials to recycle or to accept raw mined materials to extra lithium. Saying "they have the logistics" is an overstatement in my opinion.

I'd rephrase it so say, they will be testing a logistics plan they have developed with a pilot recycling facility.

You're confidence is misleading.


My confidence feels pretty good to me. You're wrong in your statement but it doesn't really matter. I didn't ask for your confidence. You are free to research and buy whatever you want. America is a semi-free country for a few more years.
John Francis Donaghy
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bmks270 said:

Yeah, I think penny stocks aren't for me and I'm being a buzzkill, so I'll change my tone.


I don't think you're being a buzzkill at all.

If this whole thread was about riding the waves of a penny stock, that would be one thing. But the topic as delivered by HoustonAggie is framed as a long term hold. The types of questions you and some others are asking are exactly the types of questions that should be raised in a discussion about a long term hold of a fledgling company.

What is somewhat concerning about how the thread has evolved is the reluctance of the person advocating for the long term hold to discuss the questions that are pertinant to the evaluation of the company as a long term hold.

You aren't crashing a penny stock "catch the wave and enjoy the ride while it lasts" thread with your questions about fundamentals. The thread was presented as a long term hold discussion. Not sure why folks are getting up in arms because some of us are discussing it as more than an 8 second bull ride.
HoustonAggie37713
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Back to actual news for those actually interested in the investment.

Following the ABML PR, BMIX has a new PR. 2 new permits received.



News

BRAZIL MINERALS, INC. ADDS TWO EXPLORATION PERMITS TO ITS LITHIUM PROJECT

BELO HORIZONTE, BRAZIL--(January 28, 2021) - Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced that yesterday the Brazilian mining department granted two additional exploration permits for its lithium project in the state of Minas Gerais in Brazil. The size of Brazil Minerals' lithium project has now doubled from 2019 and stands at 28,316 acres today. The Company's areas are primarily located in and around Araua and Virgem da Lapa, a well-known lithium district. Brazil Minerals is focused on hard-rock lithium from high-grade spodumene pegmatites.

Areli Nogueira, Vice President of Mineral Exploration at the Company, stated, "Araua Lithium Belt is the name given by the Brazilian Geological Service to the general area where our project is located. It is a mining district rich in spodumene and also frequently containing amblygonite and kunzite, all minerals containing lithium. Our team is excited with the new permits granted and ready to advance."

Over the last few years, Brazil Minerals has built 100% ownership of projects in a triad of strategic minerals lithium, titanium, and rare earths. In addition, and differently than other lithium-focused companies, Brazil Minerals has interests in iron through a focused subsidiary, and in gold, through its partial ownership of Jupiter Gold Corporation (OTCQB: JUPGF).

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTC: BMIX) is focused on strategic minerals for the Green Energy Revolution. It has projects in lithium (28,316 acres), titanium (8,009 acres) and rare earths (11,001 acres). It also has interests in iron (36,041 acres) through a subsidiary and in gold through a stake in Jupiter Gold Corporation (OTCQB: JUPGF). Brazil Minerals also owns several mining concessions for alluvial diamond and gold, and sells sand for construction use. More information on Brazil Minerals is at www.brazil-minerals.com. Follow us on Twitter: @BMIXstock.

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.'s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward- looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions, geopolitical events and regulatory changes, availability of capital, Brazil Minerals, Inc.'s ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. We advise U.S. investors that Brazil Minerals' (and its subsidiaries') properties and projects, as of now, are exploratory and do not have measured "reserves" as such term is defined by the Securities and Exchange Commission.

Contact:

Brian W. Bernier
Investor Relations and Corporate Development
(833) 661-7900
info@brazil-minerals.com
www.brazil-minerals.com
@BMIXstock
SquareOne07
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AG
Out of curiosity, having never played in the penny-sandbox before, what target price would you consider to be a winner in your long hold?
 
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