BMIX---A lot of company for very little money!
Post# of 218
WELCOME TO BRAZIL MINERALS, INC.
The vision of Brazil Minerals (OTCQB: BMIX) is to become a premier diversified mining company focused on Brazil. Our team is our main strength. In our team we combine over 100 years of collective deep and local Brazilian mining experience, centered on personal relationships, cultivated face to face even in today’s world, and add to it the expertise from our team members who come from the fast-paced, quantitatively-driven world of private equity and venture capital. We mix the transparency of the U.S. capital markets with the strong respect for property rights afforded by Brazil.
Brazil Minerals, Inc. (OTCQB: BMIX) is a U.S. holding company with revenues from gold and diamonds and ownership of interests in projects in diamonds, gold, high quality sand, titanium, vanadium and iron in Brazil. In particular, BMIX fully owns Mineração Duas Barras Ltda. (“MDB”), a Brazilian producer of diamonds (both rough as well as its own cut and polished), gold bars, and sand. MDB has a fully-operational mining concession, the largest alluvial processing plant for diamond and gold in Latin America, and the permit to export its production.
The business model of BMIX is to control a certain number of attractive, profitable or near-term profitable operating mines, while partnering on other projects. We use capital judiciously in part given the founder’s past experience as a venture capitalist. We like to diversify our risk across minerals. We intend to maintain a small operation, outsourcing as much as possible, so as to become profitable as soon as possible. We like many aspects of the business model of Royal Gold (Nasdaq: RGLD), a very successful company in the mining and minerals sector.
BMIX intends to become an attractive alternative to invest in the broad mining and minerals sector of Brazil. Currently, only one U.S. publicly traded equity provides such diversification and it is Vale (NYSE: VALE), the Brazilian giant mining company with over $70 billion in market capitalization.
Why Brazil? Brazil is a top destination for investment for these reasons:
Stable economy with low unemployment and a growing middle class
Stable political environment (democratic elections, free press)
Tradition of welcoming foreign investment
Strong and well-capitalized financial institutions
Inflation under control
Furthermore, Brazil is one of the world’s safest mining jurisdictions for investors as it has:
A strong and diversified mining sector
Pro-mining laws and procedures
A clear permitting process with the federal government as the sole authority
No expropriations in its history
Needed services and human resources available for the development of new mines
Additionally, many Brazilian geologists would readily admit that only approximately 5% of the Brazilian territory has been properly geologically mapped, leaving a strong potential for new and large discoveries.