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General payout to employees increased this quarter. Some saw that as a negative. I saw that as a positive. I see more hands on deck to keep the ship a float and heading in the right direction, with a solid gold producing company!
So your telling me this is the fastest $16,000.00 I’ve lost in my entire life?
Did I just take one for the team? Lol touched that .01 wasn’t me. No more shares for me 1.3million. Insanity never did nothing like this before. 7-9 years ago did these pennies and lost. Hopefully this will wipe out those losses.
Had to fill above .006. Oh well!
Yes Pedro17. That .05 just got taken out at 2 million shares 10k. I’m putting in order lower today. Might get my average at .01.
Not only that he can sell more shares at a higher price and make a great profit on shares he gave himself. My hard earned money down the drain. It’s possible. Could lose it all, but I’m on the “what if” side of the equation. Now if we ever see .03, .05, .07, I’m talking new car, pay off mortgage, invest elsewhere, or let it ride till .20. Best Regards healthy man!
I agree with this. Again, not to repeat, but PT knows what he is doing. That’s why he put in letter to shareholders R/S is allowed as late as 2023. The revenue process must first be in place. A R/S with 100 ounces of gold I’m sure Vanguard, Blackrock, and the likes there of would jump on board. No they wouldn’t. At least thousands of ounces a month for them to jump in, and some of the debt taken care of. Best regards.
If there is a R/S by years end we lose everything at these levels. 20:1 doesn’t even get .13 cents. After a R/S All shareholders will be sub zero cause there is no way it will hold .13. We will come back to at least .02 or .03. Making all original shares somewhere below .0001. Simple math!
He has to do it at .10 or above for shareholders(current) benefit. I am not wrong here been there done that. Best regards.
Well then let’s finish the race. Well taken.
ShellCompany thanks for the heads up on where the PPS was going. Otherwise I would have bought above .006. Still could see new all time low, but I’m good with this.
Will be adding another 200k shares at .0051. My PPSA is now .012
From what I’m seeing. PT could put out a PR we have produced 200 ounces of gold. It will not budge PPS. It’s that simple. Obviously I wouldn’t call us the market, after all this is OTC. He has lost all credibility with the penny player land. Only those that believe the past 1 year of PR’s are still here. At this point all others are gone. Call it blind faith, but anything in life is blind faith going forward. Best Regards.
Got my million shares. Didn’t think possible.
1manband thanks. So you are saying these shares were part of one of those discounted options to pay back a loan? Is it because PT could not pay back a loan that these shares were granted?
“..has not earned revenue from planned operations..”. PT said on the phone “yes and no” for revenue from gold to be on 10-Q. Apparently the No meant no! This is found on page 10. As ongoing operations may not be able to continue after 1 year. That was as of March 31, 2019 Also found on page 10. This is not new news.
MXSG has $49k in cash. The dilution in shares is better than borrowing with those high interest rates. If I bought those 1.7 million shares or so for .0036 why not turn around and sell them. They may have already been sold & .01 or .009 for a huge profit. That would be a good thing they are out of the way. I had a 55k share buy in at the end of the day. Glad I changed my mind. MXSG is becoming more of a gamble as time goes on with PPS dropping.
If we get to .004 or .005 will add, but at this point wait it out. Add there or get some if the PPS starts going up above .01. Just going to wait it out. I have funds available. Obviously they aren’t closing the doors. MXSG is open for business with latest PR’s. Best regards.
Thanks for correcting.
Considering there is a long with 30M shares. My messily nearly 1M shares pales in comparison. Why buy more when you have 30 million shares. Even at .005 that is 1.5 million dollars worth of shares. They may have those shares below .001 for all I know. Might be going to Mexico in 2020. To look into this internet fraud. Get my feet muddy.
I know several longs still “incrementally accumulating”. MXSG is more like a fine wine not “kook aid “ I beg to differ.
Repair successful on cyanide pump. Gold!
Oops I mean .0092.
Got my 25k shares at .0093 at the open. The true accumulators...the penny pros put the bid at .006 or .007. I’ll be adding all week.
MXSG Going to be a great week!
That’s the way crazy “8” puts things. 8 I mean that in a good way.
7 days a week for a soon to be Octarian must be difficult. Last conversation he was at home and sounded like he had a cold. I did not ask, but gave some kind words. PT should be back on site by now. Priorities. Best regards.
Exactly. He sees where SP is. It’s not rocket science he understands, and is trying to make it right. I’m an arguable buyer, and will continue buying as funds become available.
Sell me your 28k shares at .0081 Please.
Untrue, no security concerns at this time.
That CAT front end loader purchased at the beginning of the year was a wise purchase. Those shares PT sold in 2018 probably paid for it. Right or wrong it does not matter PT finds ways to pay for equipment. The employees becoming shareholders was within several months after the purchase of the front end loader. Julio vein then found yo have huge quantities of gold and silver derp below the surface. In retrospect buying the front end loader and inspiring your employees to find gold with shares of the company was a great call.
As time goes on a R/S is a possibility years out to get Institutional investors on board. Then not only high grade gold and silver below the surface in the amounts of tens and thousands of ounces, but now placated gold and silver in smaller quantities near the surface. In retrospect R/S and easily less expensive mining to take us to where we need to be as investors. 6-12 months out 100 ounces of gold a week with silver, and a share price of .10+. 2021 then possibly a R/S. What planning! Best regards!
400k shares sitting @.009 at open
T-Hawk forgive me for butting in, but misleading PR. PT said the original equipment would keep running until the M/C started up. That being said more than 50ounces of gold should have been mined with the original. The last PR did say that. I wonder about that. This is it as far as I’m concerned, unless M/C breaks down or some reasonable delay there is no reason to be not producing the amounts PT mentioned.
Will I bail with my shares? And take a loss. Don’t know. Like I’ve said in the past a living breathing process. Looking till March 2019.
At this point he has to produce. Best regards.
All systems go. The 100 ounces stated in the PR is a follow through on an estimate not the amount to be produced. PT low-balled the amount I believe. When the amount of gold from the trial run is first released on the upcoming 10-Q it will be a first. Maybe 5, 10, 20 ounces of gold.
We get gold amounts in this PR, and investors and non-investors alike are not pleased. I am very happy with the progress. Definitely a slower process than I originally thought, but Mexus is on the run way. Debating buying more shares at this point or not. Pretty close to the 700k shares I wanted. The PPS will be stagnant for another month is my guess. Best regards.
100 ounces to start. Hallelujah!
Soon to be announced: 10-Q this week and Monday Pr release. I kinda hope the downtrend reverses now I’m satisfied with the shares I have (greed). Just need this mortgage paid off. Hoping with gold sales and continuous mining we go green for 3-5 weeks. Best regards.
I do to. And... no blasting. Less time in production, and less cost.
“Technical report”
1.) The 10-Q will have amount of gold sold. First ever for company on a 10-Q
2.) Letter to Shareholders of R/S by 2023 to get institutional investors on board.
3.). One year from now much more gold in store from excellent mining property.
4.). “Legit” follow up PR after 11/4 PR for verification of Lucky Strike is Santa Elena.
5.). Geologist on site!
I have my 680k shares may get a million!
3,000 t./wk * .5 gr/t = 48 Oz. $70k a week.
I did. Not .06 had no idea. Lol!
Flipping shares walking it down.
Investors bringing it down. I just put 15k &.0095 & bought 1k at .01. Lol. They are loading down here.
Bobby I see this is rinse and repeat you looking at your history. PT doesn’t have to do that. I mean give me .04 double my money in 6 months. Wait and see. Give me .06 I’m giddy. Give me .15 pay off mortgage.