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Same. I had an order in before open today to buy another chunk of shares at .058. Never got filled and it's possible those days are gone for good. Not my smartest move. Ended up buying later in the day at a higher price.
Maybe today, maybe not. But very strong day either way. The checklist of things people are waiting for (finding a partner, starting work, blast permit) keeps getting checked off. Really great progress.
Absolutely great news. Was really impressive to look through the new pictures and see how much work has been done.
Hard to believe how little some people who buy mining stocks understand about mining. The blast permit you're referring to is going to come. Do you honestly think they're just moving dirt around for no reason? Putting security guards there for nothing? When the work is done and the blast permit is issued, you will not be seeing these prices again. If you want to buy, do it now. If not, then don't. But this work doesn't happen overnight. Give it some more time. This fall/winter will be a very different story for Mexus' stock price.
In my opinion (not a skilled chart reader), I think MXSG has been a screaming buy for all of 2016. Especially since the partner news came out. But I'm always up for learning more. I know plenty of people who have made a ton of money reading charts. It led you to buy shares, which is what all longs are for, so there has to be something to it.
Exactly right. Whole different ballgame now. Instead of what it was (a company hoping to make a deal), it's now a company on the verge (literally) of striking gold.
No bad news at all. Future still very bright. The discussion continues. Just not here.
Agreed. In the not-too-distant future, a good chance I'll be kicking myself for not picking up more shares at this level.
Maybe hitting it a little too hard with the youtube link?
You said you would answer questions but didn't answer the specific ones about who you are and what your relationships are with the people you mention. From your name and grammar, it's a good guess you are from Mexico but, then again, this is the internet so anything is possible. I expect everyone will put you on ignore fast unless you share some tangible facts and information. Assuming you have any. But vague message board inneuendo stopped being effective a decade ago. You'll have to do better than that.
Fyi new article below. Not a good one. One of the things about getting attention is you get all kinds...
http://www.insiderfinancial.com/theres-something-not-quite-right-about-mexus-gold-us-otcmktsmxsg/116373/
Really nice last few sessions. Haven't seen a 1.3 million size bid sitting like that for a while. Still baffled that anyone is selling right now.
Seriously? No need for that kind of response at all. Was a nice week for us and we should be happy, not snarky. If people behaved in the real world the way they do on the internet...
wait, never mind...that's falling apart too.
That's the same year I first bought in. Agree that this time feels different for obvious reasons. But we will see. I've started counting my profits many times with many stocks too early. Anyway, I'm heavily invested here and have a lot of optimism. Loaded up earlier this year under a penny to join many of you guys in the million plus shares owned club. But have kept buying. Over 300,000 more shares in the last month between 4 and 5 cents.
The point was not about happiness. I've been broke and I've had money. Haven't had a "real job" in many years. Obviously having money is better but it doesn't equate to happiness. Being truly happy comes from things a lot more important than money. My point was to ask (very respectfully) if you think talk of financial independence and life-changing wealth is a little premature at this point. Personally I never think of any investment as a sure thing no matter how much I believe in it. Too manyfactors and strange things have happened too many times for me to do that. So I prefer not to start counting my money until it's in the books. Maybe a little don't-want-to-jinx-it superstition in there too. But was just an honest question. To each their own. Truly hope our best-case scenario happens here for all of us.
I say this with all due respect as someone who is highly invested in MXSG too. But do you not think talk of financial independence and life-changing wealth is a little premature? Again I have a lot tied up in this too and would benefit in big ways myself. But at present, it's still a stock that has been struggling to hold on at 5 cents share. Not saying anything against the future prospects, just stating the present fact.
I'm a fan of both of you guys. Very clear that you're both intelligent people and you both have strong positive feelings about MXSG moving forward. Obviously, there is value in studying charts and of course there is value in information. Put both together and it's a great combination. Pretty confident that picking either of your brains would make me a lot of money.That's really all I wanted to say. I know it won't make a difference and the bickering will continue but it sure would be nice to see teamwork instead. Oh well. Wish you both the best. The goal is still the same for all of us.
Volume significantly higher in the last few sessions. Another big one after 4:00 today. Interesting action lately. Agree with all saying it seems to be setting up for a move.
I've been keeping a close eye on the level 2 this week. Volume is much higher by recent MXSG history but still not much money moving around yet. Based on the action, I think the selling we are seeing is one person or maybe two. I would guess it's someone who bought a bunch under a penny and is being stupidly impatient. I think this will end up costing them a good amount of money when the next important news comes and the price moves up quickly again. Really doesn't make any sense to sell this stock at this price with such positive developments coming in the months ahead.
I agree it's a dumb strategy for whoever is trying. On any big news, they risk losing a lot of money for a few crumbs.
Looks a lot like someone is trying to walk this share price down right now. Most likely to pick up a pile of cheap shares.
Thank you for that very informative post. Much appreciated.
Exactly. Hate to sound like a wet blanket, but all of the "we're going to 20 cents soon" and "only a matter of time until we're a dollar" talk doesn't do anything to actually help. Basically just cheerleading. Check all over the internet for chats about low-priced stocks and they all sound the same. The stock will make a solid move when gold comes out of the ground.
So many gold articles lately. Here's yet another interesting one:
http://finance.yahoo.com/news/why-investors-should-pay-attention-to-move-in-gold-and-the-us-dollar-224446216.html
With much respect to your huge contributions here, what did the guy do that deserves this type of response?
He made an inaccurate generalization about penny stocks, seemingly doesn't know a ton about mining, and has a different opinion about gold. Is that really such a big deal? It clearly wasn't intentional to be an insult to the people here. Why not be more welcoming to someone who knows less about mining and OTC stocks in general? He's obviously not here to troll MXSG. Just has some different opinions and experience.
Sure, I believe you. What's not to believe? You're obviously an intelligent and articulate guy. I actually bought a couple of the stocks you mentioned at similar times too. Made some good money on Ford. Hell, it's the internet and the written word. Maybe there's an age difference...maybe people grew up in different ways and communicate differently...maybe someone read the tone of something wrong...who knows. Doesn't really matter. Moving on to more productive conversation, what other stocks do you have your eye on right now? Any thoughts on the price of gold going forward? One of the worst things that can happen to any online group is groupthink where everyone says and thinks the same exact thing. Moving on from this, it will be nice to have a different perspective. And I'm sure more of that will come as more people learn about MXSG. I agree that not many people know or care about it yet. Still very small-time as far as the amounts that are getting traded on an average day. That should change in the not-too-distant future.
I actually agree with the point that you seem to be trying to express. That penny stocks in general carry more risk and that many of them do go to zero.
But making up inaccurate numbers and statistics didn't help the point you were expressing. At all.
Your words have come across as insulting to OTC investors. And there has not been any understanding that or apologizing for it. But, under your premise that these are typically much riskier investments (a fair point), shouldn't extra respect be paid to those who have made money in them? And a great deal of respect to those who have made big piles of money in them?
The baffling part to me is that you don't seem to have much interest in learning or asking questions here. Is this ego? Is it stubbornness? Or do you just not like making money? All good learners are willing to change their opinions with new information.
I would recommend not blaming others for 100% of this. If you're not willing to see that you came here with an attitude about penny stocks in general and were closed off as far as giving this one a fair shake, then there's not much point in responding to you.
A picture that might bring tears to some people's eyes. Yup, there's a shot of active drilling on the Mexus website up right now!
What a strange and inaccurate statement. This stock is up 3,000+ percent since March. It hit a 52 week high this week. It is holding up well short-term and almost everyone here knows to hold it for what will likely be an exciting year. Not sure how "it needs next news" makes sense in the same week it got huge news and a big price bump. Stocks are never a straight line up. As this one gets more and more attention, people will do the usual profit-taking on the way up. But that's a small-timer game on this one. I would wait at least a couple months before starting the we need more news talk. It makes no sense right now.
Yeah, someone is playing games. Annoying. And that last trade cost them just over 100 bucks to do it with that small number of shares. Hopefully enough longs are watching and will right the ship.
Congratulations on a great day, MXSG shareholders. Wishing you all a very bright future (and myself too since I own a good amount of shares myself). Really nice to have these moments and I hope this is only the beginning of the story.
Congratulations on a very impressive rise in recent weeks, MXSG shareholders.
Things are looking great with this stock. There is a lot of reason for optimism. I read through the last few posts and see that things haven't changed on this message board, though. There is way too much bashing of differing opinions here for my taste. Groupthink is big problem in these parts and the main culprits don't seem to realize that being a critic of a stock you own can be healthy. Being a critic is not always being a basher. Anyway, congratulations on the last few weeks. I own many shares myself and hope this will continue. Hopefully this will become more of a healthy place open to some criticism. I wish continued good fortune to all.
Ok, I write one post about staying realistic with a TWO-CENT stock and I get called idiotic by someone who can't write a coherent sentence? I'm too old for amateur hour games like that. That's it for me folks. Best of luck to MXSG shareholders. This isn't the place for me. Different rules apply for different people around here apparently.
I'm new here but have been investing with varying degrees of success for 20+ years. That last post was very accurate and perfectly said.
This seems like a good group that wants this stock to do spectacular things. But let's not pretend this company is something it isn't. Even after an incredible couple of weeks, the current valuation is 2 cents per share. That makes it a non-factor to the "big dogs." No funds are going to be sniffing around a company like that unless things drastically change. To debate that fact is delusional. Penny stocks like this one aren't even close to being on the radar of any "major players" who run mutual funds.
Now I'm as hopeful as the next guy but these things take a while. Remember, the majority of 2-cent stocks are much more likely to hit 0 than a dollar. Nothing wrong with optimism but irrational dreaming isn't what successful investors do. No amount of cheerleading will make this stock price go up. I've been around this type of thing quite a bit and this group would be well served by listening to posts like the last one. Operating in reality is a challenge for many penny stock investors but it's important for your financial sanity. That being said, I've spent a good amount of money on MXSG shares in the last 2 years and would benefit hugely from it doing well. But, as of right now, the real debate with MXSG is whether owning this stock should be called investing or gambling.