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“l just heard the last results are postponed” please share your sources, or is it fake news again, like the delay news you’ve shared about the drilling before?
“Only a fool would believe that there's gold in those hills”
http://mexusgoldus.com/mexus-initial-drilling-at-santa-elena-mine-yields-exceptional-results/
It’s almost chistmas, I think it brings out the best of everybody. They all fear the ghost of Christmas future the most.
“ why go out and find help from a guy (Baclet) with an easily-found history of securities-related fraud”
Yeah I’m certain the sound of the posts would change a lot if it was somebody else.
Glad for you. In the Netherlands there aren’t any tax offsets regarding stock losses. No matter how much you make or lose, you always get to pay a certain percentage on the money you have in savings and shares. Starting from a certain amount.
Wow such a high volume on a very low price... I hope it didn’t leave you empty handed.
I’m just being objective
Seems like the new goal posts are being placed here, in case mexus reports good drilling results and moves up. Let’s make the stock promoter the next target.
What do you think will happen if they win the appeal?
It seems to me that bitzio just doesn’t exist anymore and no one is there to answer for it.
It would really surprise me if they showed up at the hearing.
Is that an advise for mexus to be less transparant?
“Puzzled why Mexus even disclosed these results.”
I know, it would be more convenient to some if they would not be sharing it, so they can shout scam.
Such a joke, stop it! I can’t stop laughing anymore about this BS
Of course, but I was more or less wondering what that news could be, and if it is something that applies to more stocks in my watchlist. Something I’ve missed, maybe in politics. But maybe it’s just a coincidence.
Yep, Like I’ve said: “Most important, with peix you never know for sure what makes them run or drop.”
By the way, almost my entire watchlist is painted red. Are you sure there isn’t any news that has affected the stock market?
I'm sorry to read that the delay has been delayed....
....Sorry, I just got news. It was a bit delayed, but they've suspended all delays until further notice.
I don't know how such an initial drilling works. But doesn't it mean, that now they got some results, the know where the bests spots are in general, and then will do some more drilling around these hot spots, to find out where the boundaries are, so that they can conclude a little more accurate how much gold there is?
It seems to me that averaging these results, is like averaging one spot where there might be a hell of a lot gold, with spots where there is next to nothing? That doesn't sound like a good way to calculate the amount of gold. For that, it seems more likely that one would first try to find out how large these spots are. I don't think you can do so by drilling just one hole and hit a vein by chance.
The only thing we know now, and that seems great to me, is that there is gold that seems worth mining.
Like I've said, I don't know too much about drilling, so maybe I got it all wrong.
So funny, it's almost stand up comedy. What's the show called? The fake delay news?
I think most who believe in their 100,000 ounces are already in. Why would those have been waiting for the drilling, if they already know what’s up? As for the others, I don’t know how many of them would use a dowsing rod, but if I was looking for investing in a goldmining company, and knew there is a drilling program happening, I would sit by the sideline and waith for the results.
So IMO these two things is what we see now. Investors who are sure about what is in the ground are in, and those who aren’t wait for the drilling results.
I can say this in many other ways, and on many other occasions, but I guess sime wondering why. Never mind.
“If I were an investor, I'd be excited that the company they have invested in is willing to do something they should have done a couple years ago - drill”
Excited that they drill probably, but in a way that would make you buy more and for newbies to decide buying? Would that be the kind of excitement that moves the share price? I don’t think so. Like I said, for that you need the result. In order to make money you’ll need people who want to buy your shares for a higher price, didn’t ACME trading learn you that? Now why would people buy your shares for a higher price just based on the fact they are drilling?
Again, I’m happy to see you’re excited, but I’m saving it for the results.
No it isn’t. It’s great that they are drilling, but is it the drilling that ‘we’ are hoping for, or a positive result of the drilling?
If you buy a lottery ticket, do you get excited by buying it, or buy checking the results and seeing that you’ve won a large prize?
But will you win without buying the ticket?
“doesn't it seem odd that anyone would sell in such exciting times”
Why? Without buying no selling and visa versa. Those who bet on a good drilling result, probably already bought their shares. So the movement might be mostly by those flipping shares, or those who hoped for a very quick rise, but now decide they want to try there luck elsewhere, because they don’t want their money to stand still.
If you call this exciting times, go ahead, but you might want to have somebody watching your medical condition once the results come in. Things might get really exciting then.
Like I said before, getting excited about drilling without knowing what the results are, is like getting excited over each and every sunrise.
It’s the convenient untruth.
If you get rich today, do you ask yourself why you didn’t two years ago?
“Why bother drilling”
Maybe to get another JV by showing the numbers, or to find out what the best spot is to start mining?
I was more talking about the behaviour of peix before the final court decision. We can’t tell how the court decision will impact peix for sure, if they are forced to pay. Because peix always seems to react more to negative situations then positive ones. Even if the amount they need to pay is very small. And if the result is positive for peix, it might seem like a tree falling in the forest. But for gers any decission will be of huge impact.
Most important, with peix you never know for sure what makes them run or drop.
“What you consider to be "facts" might be debatable.”
What you consider to be debatable, might be facts also.
“Days or weeks spell another delay in my words”
We know it’s hard to read for some.
I don’t know how long it takes to get results ready. But I think it will be within a few weeks, if they’re fast days. So why would I say 2019/2020?
A delay isn’t a delay unless they say so or told us differently in advance. So what did they project that would make weeks, or even January a delay? In my opinion expecting a delay based on nothing is more or less a delay in the brain.
Just a matter of days or a few weeks until the first drilling results will be shared. That might be all we need!
I understand what you see. But TA hardly ever works for PEIX. Only sometimes, one might get lucky.
I also tried to predict the share price by watching the ethanol supplies, prices and corn prices for over a year.
Added the macro and economics, politics, epa decissions and weather to it.
It always seemed like sometimes it worked for a short while, and then out of the blue, the price just moved the opposite way of what was expected.
The same goes for company results. They always seem to effect the price for a couple of days, and then they price just seems ‘manipulated’ to something else.
As for presenting the company on investor conferences, that never effected the share prise. Finally I came to the conclusion that it is unpredictable. Maybe once in a while you get lucky, and only very big news will change the direction of the shareprice for real, but that hardly ever happens.
“Even the gurus can’t explain why news doesn’t move it.”
What news? The news that they would drill? The news that they have been drilling? The news that there have been delays? The news that they are now waiting for results?
Isn’t the the only news that matters the results of the initial and the following drilling results?
About the other ‘news’. It isn’t even news. We already knew they have been drilling, and we expected no delays. So why would it move the needle. Does the needle move everytime the sun rises?
Drilling completed at Mexus Gold US’s Santa Elena mine
http://mexusgoldus.com/drilling-completed-at-mexus-gold-uss-santa-elena-mine/
CABORCA, SONORA STATE, MEXICO, December 3rd, 2018(GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced that the first stage of exploration drilling has finished at the Santa Elena Project with 736 meters of core in 9 holes. The purpose of this initial drilling program is to study a major area of geologic interest where a high-grade gold quartz vein merges with a tectonic shear zone with gold/silver values. In the area, the shear zone outcrops with 8 to 10 meters width with a low angle dip to the East and it is cut by a steeper 0.75 to 1.5 meter wide quartz vein which has previously assayed high grades of gold. 200 core samples were collected from drilling and are being sent to ALS-Chemex labs for assays.
Drilling information will be interpreted with 3D software as the geologic structure is the key to following the favorable host zones for economic mineralization. Assay results will be added to complete the database and proceed with the geo-economic interpretation of the area. This area is only a 270 meter section of an approximately 3000 meter long structural anomaly which is still to be studied. More surface work as geologic mapping, sampling, geophysics, and trenching needs to be directed as to locate the best drilling targets along this structure as well as similar structures in the area. Assay results will evaluate this section but more samples need to be collected along the 3000 meter strike of the structure.
Santa Elena is originally a quartz vein system that was planned to be developed with more than 1 million tons in outcropping quartz vein mineralization averaging 0.3 to 1.5 g/t Au and with surface evidence and potential for major low angle shear zone structures such as Noche Buena and Herradura mines which are approximately 30 kilometers to the west.
Assay results from drilling will provide the guide for the next exploration stage towards locating a potential low angle shear zone gold and silver resource.
I’m going to predict it will even go on for much longer, since it was announced as initial drilling. So, more drilling to be expected.
And think there are no delays, since they’ve stated that in their PR.
I get it, these posts have been delayed for a few months, so mexus seems on track now, but you haven’t been able to share it on time.
Like the toxic death spiral or like martin tooth king or yours?
If I had a branch removed that kept whacking my had, I would remove it from the tree. And after that I would stop warning people about it. I guess I would have done the same with Mexus if I was so much irritated by it. Remove it from ‘the tree of stocks’ and stop dodging it and stop telling others to dodge it. Because since it isn’t in my front yard any more, there is no reason anymore for me to care about it. And I wouldn’t go to other people yards to tell them to dodge the branches there.
Yes, but saying that’s the way to make the only rational decision is just plain stupid. That’s just ignoring all the new information. Doing that for every stock is a great way to miss every opportunity to make a lot of money.
Seems like a wise advise for those who think a decision would be based best on the past in pennyland.