Today’s Stock On Watch: Why Goldy Peter Kristofer Reported Big Brazil Minerals, Inc Position?

Today's Stock On Watch: Why Goldy Peter Kristofer Reported Big Brazil Minerals, Inc Position?

The New Goldy Peter Kristofer Holding in Brazil Minerals, Inc

Goldy Peter Kristofer filed with the SEC SC 13G/A form for Brazil Minerals, Inc. The form can be accessed here: 000107997416001703. As reported in Goldy Peter Kristofer’s form, the filler as of late owns 12% or 1,101,818,182 shares of the -company.

Brazil Minerals, Inc stake is a new one for the and it was filed because of activity on November 16, 2016. We feel this shows Goldy Peter Kristofer’s positive view for the stock.

Business Profile

Brazil Minerals, Inc. is engaged in the business of acquiring controlling positions or significant positions with roles in companies in Brazil in the minerals area or in industries related to minerals. The Company, through subsidiaries, outright or jointly owns approximately 11 mining concessions and over 15 other mineral rights in Brazil, for diamonds and gold. The Company, through subsidiaries, owns an alluvial diamond and gold processing and recovery plant, a sand processing and mortar plant, and several pieces of earth-moving capital equipment used for mining, as well as machines for sand processing and preparation of mortar. The Company has approximately 30 mineral rights. The Company owns Mineracao Duas Barras Ltda., RST Recursos Minerais Ltda., BMIX Participacoes Ltda. and Hercules Brasil Ltda.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

It is down 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.

Brazil Minerals, Inc. is engaged in the business of acquiring controlling positions or significant positions with roles in companies in Brazil in the minerals area or in industries related to minerals. The company has a market cap of $986,610. The Company, through subsidiaries, outright or jointly owns approximately 11 mining concessions and over 15 other mineral rights in Brazil, for diamonds and gold. It currently has negative earnings. The Company, through subsidiaries, owns an alluvial diamond and gold processing and recovery plant, a sand processing and mortar plant, and several pieces of earth-moving capital equipment used for mining, as well as machines for sand processing and preparation of mortar.

More notable recent Brazil Minerals Inc (OTCMKTS:BMIX) news were published by: Marketwired.com which released: “Brazil Minerals, Inc.’s CEO Invited to Prestigious Advisory Group & Other News” on October 12, 2015, also Marketwired.com with their article: “Well-Regarded Mining Investor Begins Stock Position in Brazil Minerals, Inc …” published on April 20, 2015, Marketwired.com published: “Brazil Minerals, Inc.’s Hercules Brand of Mortars Chosen for Use in New 17 …” on November 30, 2015. More interesting news about Brazil Minerals Inc (OTCMKTS:BMIX) were released by: Mining.com and their article: “Brazil Minerals mines largest rough diamond to date” published on April 06, 2015 as well as Marketwired.com‘s news article titled: “Brazil Minerals, Inc. Now Owns 100% of the Duas Barras Diamond & Gold Mine” with publication date: October 07, 2014.

BMIX Company Profile

Brazil Minerals, Inc., incorporated on December 15, 2011, is engaged in the business of acquiring controlling positions or significant positions with roles in companies in Brazil in the minerals area or in industries related to minerals. The Company, through subsidiaries, outright or jointly owns approximately 11 mining concessions and over 15 other mineral rights in Brazil, for diamonds and gold. The Company, through subsidiaries, owns an alluvial diamond and gold processing and recovery plant, a sand processing and mortar plant, and several pieces of earth-moving capital equipment used for mining, as well as machines for sand processing and preparation of mortar. The Firm has approximately 30 mineral rights.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment