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Re: Belgie24 post# 1840

Thursday, 05/28/2015 6:48:16 PM

Thursday, May 28, 2015 6:48:16 PM

Post# of 47600
Thank you, been focused on the gold bull for long time. As far as Mexus, a couple people I like on other blogs mentioned it as lotto. So I started reading.

If the gold is there the more witnesses of the credibility of management is a key. I would rather wait also. This market will turn. Those that survive this period and have the goods will do very well. No hurry just researching.

Financing, the other key, as global minerals recently found out(and I liked them but they lost their fully permitted silver mine....broke) has many avenues. Dilution, project generator model, JV, streaming, debt financing etc. The placer does give them a little flexibility to not be as desperate and forced to lose. So watching to see what their preferred way to fund is. All indicates JV. The problem is the one with the money usually has the leverage. Why placer could be key. Wondered if they would ever go project generator model. Didn't seem like it.....Just kicking the tires and I take my time. Good luck.

Thanks again


My posts are my opinion only and not recommendations to buy or sell a stock. My opinions are probably wrong anyway. These things move both directions so do your own due diligence, be careful, and use sound money management above all.