BCM brazilian critical minerals limited

Hi Pete and all, “You are ill informed and lazy .” You are...

  1. 143 Posts.
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    Hi Pete and all,

    You are ill informed and lazy .

    You are sounding as desperate as the current management team to hold to your dogged belief that there is anything of value to be gained from this outfit.

    Many others and I recognise the value of Warwick Grigor and the Far East Capital team and their regular informative newsletters.

    Surely you can hardly dispute the information such as quoted Brazil Critical Metals - a victim of obscene broker greed.”

    When I trade stocks in Queensland my broker of many years charges me 0.6% brokerage fees. I know some brokers can charge 2.5% brokerage; however, many electronic brokerage services are very cost effective.

    I guess if you are OK being fleeced by 6% fees for a C. R. that’s your prerogative; however, personally I agree with the Far East Capital team. (Obscene.)

    Hopefully you are taking up as many shares as possible at these give away prices for such a bonanza opportunity.

    The long-time supporters of BBX / BCM Drake and other large shareholders no longer believe in these outrageous announcements presentations or articles despite them all carrying the same comical signature. Mr. De-Castro !!!

    I know you have been on this thread for several years through the 360 Gold g p/t story, the PGM’s story, the pilot plant story and the bioleaching story. Therefore, you are well aware of the two common factors to these fairytales. 1: They all came to nought! 2: The name of the competent person signing off on them one Mr. De-Castro!

    Also, Andre Douchane can be remembered for his at least two calamitous efforts. The Lind Group financial arrangement and the Eco-Biome deal. To add insult to injury he not only received bonus free shares for these decisions he went on to take the credit for the successful C. R. required to buy out the so damaging Lind Group financial package.

    At some point in time, it was said that the shareholders of BBX were lucky to have him at the helm for a salary package well below his worth. He also appointed Edmar the engineer specifically to oversee the building of the trial mining plant and the Bio-Leaching tests in Texas. I don’t know how much shareholder money was wasted on these fruitless boondoggles, but I do know the effect on the shareholder value.

    Possibly you and Midnight remain unfazed by the points I am making; however, the results (facts) are right there in front of your eyes in the 93.4% C. R. shortfall.

    Perhaps this company could at least try and make some kind of magnanimous gesture to the few remaining shareholders that are keeping the faith.

    Such as all staff and directors take at least a 50% cut in salaries and moratorium on issuing free bonus share or options for at least the next twelve months or until BCM pays it’s very first shareholder dividend.

    If the current management and the team are so sure of the fabulous fortunes to be made in the Rare Earth business in Brazil in the next 24-48 months these measures should cause little disruption and once in profit they can then be dispensed with.

    Why not put this matter to the vote at the AGM?

    Cheers.

 
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Mkt cap ! $14.41M
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