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"Trump Now Says Most Furloughed Federal Workers Are Democrats"
Which is worse, a mad as a hatter POTUS or his enablers ? Amendment 25 in 2019 !!!
7/31/18
https://www.mining-technology.com/projects/santa-elena-sonora/
Lots of mining operations several years ago, with extensive exploration. The valuable finds began large open pit mining and continue today.
Mexico is not noted for gold, but is better known for silver and copper. However, the states of Chihuahua and Sonora, in northwestern Mexico, contain some sizeable gold deposits. A number of these deposits were mined during the boom of 1982-2002. One operation that has remained active up to the present is La Herradura Mine...
Paul Thompson's claims were explored and drilled but not chosen to develop by legitimate mining concerns.
MUST BE A FAKE NEWS PUBLICATION !
Read the following PR excerpt carefully. Particularly this > we trust real gold content will be higher than values reflected on current assay
Built in caveat. So what they're saying is, if the final results are bad they will continue to dig holes looking for the resource they KNOW is there. Incredible !
"We are aware that core drilling has a very small area of influence with respect to sampling and we trust real gold content will be higher than values reflected on current assays. This will be tested later in further explorations where Reverse Circulation drilling will be used to evaluate the resource."
http://www.mining.com/2017-gold-deposits-boasting-highest-grade-drill-intersects/
A very worthwhile read regarding drilling, drilling results and how to interpret them.
"I'm sure it was someone who so desperately wanted in "
That makes as much sense as any other theory the bulls have promoted.
If you make two columns on a piece of paper listing MXSG's successes on one side and failures on
the other, you will see graphic illustration of what a penny promotions looks like.
Come to think of it, make a third column listing all of their lies.
Baclet's sleaziness is documented but...what does his addition to the ranks say about Thompson ?
Yep, Lemas has a knack for "estimates" The addition of Baclet was somewhat superflous when they have their own "creative geologist" on board. His 2,000 - 4,000 oz. estimate shall live on forever in P&D annals.
Another wondrous expression reflecting the season. Peace on Earth, goodwill to man.
No such sentiments here. Everything considered a slur. Sad.
I hate to see anyone (with a few exceptions) harmed by deceitful practices of scheming crooks who lie.
I have stated that MXSG may have initially begun with good intentions but somewhere lost its' way.
I think PT realized he had a cash cow and took advantage of the illusion of a great gold mine investment, counting on the greedy nature of investors. Tragically ( or maybe comically) MXSG has shifted perceptions of recent failures to the promise of new immensely rewarding projects. And so the cycle goes. Those who don't recognize the signs of a scammy hoax criticize those who do. I have no apologies to make. Live with your investment mistakes and stop blaming those who saw through the charade.
Got me all wrong brother.
I did nothing other than attempt to emphasize glaring discrepancies
with MXSG statements and the truth. What people do with that opinion
is entirely up to them. The closest I came to calling for MXSG’s demise
was when I called for a class action against Thompson. If that occurred
It would be the end of MXSG in my opinion.
The failure of Mexus is inherently the failure of it’s CEO.
So back to San Felix and the fictitious $500,000 yield every 12 - 14 days ?
"Decision was Elena was the more valuable so Felix was sold for contracted $4,000,000. POG dropped like a rock and the debt was not paid causing Felix to revert to Mexus we really did not desire. Now sits in limbo." >>> Source, the Texas Oracle
BUT, as was pointed out it this post…
Not buying that line of B.S. No way a company with no other income source sells an operating mine generating $500,000 every 12 - 14 days (sold on contract no less) and places the company's future solely on an unproven, under researched, undeveloped claim.
Even if everyone thought Elena was the more valuable claim they wouldn't give up a source of revenue for a "contract purchase". The company would have needed (and still needs) cash.
San Felix was never generating $500,000 every 12-14 days. Two factual reasons that support that theory;
1. The income never hit the financials (even if it had been embezzled the company would need to show the income and then write-off the loss.)
2. There would be no need to sell a revenue generating entity. If San Felix was generating that kind of cash there would be no reason for an "either/or" scenario between Elena and Felix. The fact that there was an either or decision means Felix wasn't producing what was being claimed.
3. An entity generating 12 million a year of revenue would never get sold for $4,000,000 on contract purchase. Two issues with this. First, the valuation is completely off. Second, there would be some kind of immediate cash commitment and/or revenue sharing. After all the reason Mexus needed to sell Felix was to raise cash to build out Elana.
Elena never made the amounts that was (and still is) being claimed.
An amazing revelation
"We are aware that core drilling has a very small area of influence with respect to sampling and we trust real gold content will be higher than values reflected on current assays. This will be tested later in further explorations where Reverse Circulation drilling will be used to evaluate the resource."
Interpretation....... things didn't quite worked out the way we thought/hoped. No matter, it's of
negligible significance in any event. Further drilling using inverse transactional hypothermic flushing will prove the resource as hoped/projected. Thanks loyal investors for your steadfast support.....and $$$.
At this point a typical MXSG move would be a diversion. They have played out the gold myth so what’s next ? The Mexican Comstock Silver Project or the Mexus Copious Copper Caper ? Or I guess they could continue drilling holes in the desert, seeking gold that they can’t extract and process anyway but that would only serve to perpetuate the myth. No, a new project is required. One that will divert attention away from the perpetual failures of the Thompson Golden Fleece Project.
Good luck with that.
Sorry for your loss. Sincere best wishes for the holidays and the new year.
MEXUS HAS NEVER BEEN GREAT AT ANYTHING OTHER THAN MISLEADING AND BILKING INVESTORS.
The very first line on their website is a lie.
Company Overview
MexusGoldUS (OTCBB: MXSG) is a gold and silver producing company with projects in Mexico.
Here we go again !!!
#28500 Mexus Initial Drilling Yields Exceptional Results at Santa Iceman 12/18/18 08:06:47 PM
#28495 Mexus Initial Drilling Yields Exceptional Results at Santa Iceman 12/18/18 07:11:17 PM
#28474 Mexus Initial Drilling Yields Exceptional Results at Santa 12/18/18
11:26:54 AM
"at which time Mexus experts can complete a gold/silver resource valuation.
Guess that tells you all you really need to know. A MEXUS EXPERT VALUATION.
At first I was stunned to learn that Baclet would be chosen for the IR position. I mean the guy's reputation is that of a sleazebag. But then I thought, why question Thompson's choice ? After all his astute choices and decisions have resulted in Mexus being where it is today.
I for one would like to hear a Baclet presentation. Does he do a hellsfire and brimstone sales pitch ? How do you mix religion and investing in penny stocks ? Guess we'll find out. Can I hear an Amen?
Baclet, with a Lemas analysis in hand, and a couple of HAIL MARY FULL OF RICE lamentations will surely get the ball rolling. Got another billion shares to huckster.
I wrote to the Uptick News Service that did a couple of podcasts with the Mexus CEO. In the 2017 podcast they said they would no a follow up. I asked that they follow up and try to determine why none of Thompson's statements and BS projections had not materialized. No answer. I guess abject failure doesn't appeal to their audience.
WHAT WE NEED HERE IS SOMEONE WHO CAN PITCH THIS POS. BACLET, ANYONE SEEN BACLET ?
JEFF, JEFF HE'S OUR MAN IF HE CAN'T DO IT NO ONE CAN. PRAISE THE LORD
WOW, so Thompson has brought an Evangelican snake oil salesman onboard. It figures, he's tried everything else. Time to fire up the printing presses and dazzle a broader audience with BS. And who better to do it than Baclet who has such a stunning history. He fits right into the organization.
The old scam o meter just got rocked off its' base. Can I hear a hallehlua ?
It's gratifying to see others speaking out and calling BS as it floats down the turbid stream. Too many gullible people accept the words of those attempting to deceive.
This is the first time I've noticed the proprietary "WE" used as though there is more there than a normal every day investor. It's as though the guru is an "advisor" which figures, being omniscient and all. Fat little fingerprints everywhere.
WE had loaned Azuka some $350K to clear his debt affairs knowing he could not repay and took over 100% San Felix with Federales arresting him with a struggle on the Mexus office couch, using recovered gold in court placing him in prison. Decision was Elena was the more valuable so Felix was sold for contracted $4,000,000. POG dropped like a rock and the debt was not paid causing Felix to revert to Mexus WE really did not desire.
https://upticknewswire.com/mexus-gold-ceo-paul-thompson-says-mines-ready-produce-gold/
LET'S DO WHAT OTHERS HAVE DONE IN THE PAST .... EVERY DAY
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/27/2018 09:54:04 AM
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/26/2018 09:02:51 PM
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/20/2018 09:36:18 AM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/19/2018 12:30:44 PM
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/19/2018 12:28:30 PM
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/18/2018 10:20:21 PM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/16/2018 09:49:40 AM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/14/2018 09:52:32 PM
Major Drilling was contracted by Mexus to drill Mexus Gold US (MXSG) 11/14/2018 10:38:53 AM
Major Drilling was contracted by Mexus to drill Mexus Gold US (MXSG) 11/13/2018 10:15:26 AM
Major Drilling was contracted by Mexus to drill Mexus Gold US (MXSG) 11/12/2018 03:13:37 PM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/10/2018 10:37:32 AM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/09/2018 10:39:39 AM
" We were producing half a million dollars every twelve to fourteen days."
Let's analyze PT's statement. He didn't say they were producing 1/2 million dollars worth of GOLD nor did he say they SOLD 1/2 million dollars worth of gold so for all we know they had a printing press "producing" $500,000 in counterfeit USD. Maybe they weren't able to sell the bogus $ to anyone thus no revenue thus nothing reported. Then, what he said would be accurate.
Makes as much sense as anything else MXSG has done.
Did you hear Thompson's faltering voice declare that San Felipe would be one of the highest producing mines by the end of 2018 ? Tick tock what a crock.
As Mary Poppins said, " a spoonful of sugar helps the BS go down".
SOMETHING BIG IS ABOUT TO HAPPEN. YEP !
https://upticknewswire.com/mexus-gold-ceo-paul-thompson-says-mines-ready-produce-gold/
LET'S DO WHAT OTHERS HAVE DONE IN THE PAST AND POST THOMPSON'S "LIES" EVERY DAY
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/27/2018 09:54:04 AM
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/26/2018 09:02:51 PM
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/20/2018 09:36:18 AM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/19/2018 12:30:44 PM
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/19/2018 12:28:30 PM
Major Drilling is "Making Mexus Great Again" Mexus Gold US (MXSG) 11/18/2018 10:20:21 PM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/16/2018 09:49:40 AM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/14/2018 09:52:32 PM
Major Drilling was contracted by Mexus to drill Mexus Gold US (MXSG) 11/14/2018 10:38:53 AM
Major Drilling was contracted by Mexus to drill Mexus Gold US (MXSG) 11/13/2018 10:15:26 AM
Major Drilling was contracted by Mexus to drill Mexus Gold US (MXSG) 11/12/2018 03:13:37 PM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/10/2018 10:37:32 AM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/09/2018 10:39:39 AM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/10/2018 10:37:32 AM
Make Mexus Great Again! Mexus Gold US (MXSG) 11/09/2018 10:39:39 AM
Uptick newswire YouTube - March 20, 2017
According to the Collins English Dictionary, the difference between a lie and a fib is as follows:
TO LIE = to speak untruthfully with the intent to mislead or deceive
TO FIB = to tell a harmless and trivial lie
So what would you say Thompson's motives are...
All of which tells me what I already knew. Regardless of the proof, the dedicated believe only what they want to believe. Or maybe they just don't care they've been shorn like sheep and just allow it to continue.
The fact that the SEC allows it to happen also tells me what a totally ineffectual agency it is. But then you're speaking of a government that will spend 5million dollars for hand-blown crystal wine glasses for U.S. embassies around the world
The MXSG shareholders were nestled all snug in their beds while visions of a wealth of gold nuggets danced in their heads.
Ah those wondrous tales of yore....... now if they would just produce some dore.
Did you listen to the podcast ? Did he not say they produced half a million dollars every 12 - 14 days by "releaching". This was in 2013.
How can someone listen to that and say he was speaking in terms of the future ?
https://upticknewswire.com/mexus-gold-ceo-paul-thompson-says-mines-ready-produce-gold/
I can hear just fine BUD. Try again ...you can start at about the 6 minute mark. At 6:59 Thompson says " We were producing half a million dollars every twelve to fourteen days". I misquoted when I said 10 - 12 days.
Good try. Play again tomorrow. New day, same old spin attempts.
It will be interesting to see how many JV partners the drilling results develop. More than one true believer has stated that there are several. A competent JV partner is Thompson's only hope. He has proven that MXSG can't recover diddly squat. 28 million dollars gone and nothing to show for it.
The same San Felix that yielded $500,000 worth of gold every 10 - 12 days according to CEO Thompson ? Somehow that revenue was never reported in 10-K. Just an innocent oversight I'm sure.
Good old Thompson is indeed a paragon of truthfulness as well as a expert gold miner. Look at every statement the man has uttered and give me one example of a truism and yet people bank on his every word. Truly remarkable !
Anyone want a good chuckle ? Here's one where the poster speaks of himself in the third person. Talking about yourself in the third person is not normal. In fact you might say it's dancing on the edge of psychosis.
kl11i (aka newfrost4u) Tuesday, 07/08/14 01:06:17 AM
Post # 1398702
Mr. Latravious Bell. Remember this name. This LATAVCO CONSULTING GROUP is rocking the job boards. Simply Hired, Glassdoor, Bullhornreach, juju, cnnmoney, and about 30 other job boards and did you see the jobs that he is posting?
He can't be all bad either as he looks to like golf a lot.
I am just amazed at his clients over the past 20 years: IBM, HP, SHELL, CHEVRON, UNITED AIRLINES, BANK OF AMERICA, DYNEGY, CALPINE, NOBLE ENERGY, CGGVERITAS, SYSCO CORPORATION, and the list keeps going.
Now the guy has STATE OF TEXAS CONTRACTS (HUGGGGGGGGGGGEEEE)and rumor is he has some business partners that are the WHALES of their domain.
A friend of mine told me that he knows for a fact that this guy will eventually take a company public. That is his goal. His company is also a Certified Minority Business Enterprise. This guy has so much support in his company succeeding.
I will put my money into whatever company that he takes public. SLJB should actually call this guy to see his interest. Rumor is he may have over 50 million shares of SLJB. Friends from Shell and Dynegy told me about this guy. He is an unbelievable story.
The fact that an enthusiastic investor discovered that they had been misled is cause for criticism ? At one point, I felt MXSG held some promise but that was quickly dispelled. The fact that the investor recognized incompetence and deception should be lauded.
Not much more to go to reach the magic .000X mark. Great time to average down...again, and again, ad infinitum.
The rumor that there are several potential JV's showing LOI comes from the Guru. That along with a couple of bucks will buy you a (cheap) cup of Starbucks coffee.
Don't count your JV's until they're hatched from the Guru's incubator.
It is generally accepted that gold can be found virtually everywhere (except Antarctica) If the core assay shows a substantial amount of gold, that's one hurdle cleared. The question then becomes whether it can be mined profitably. Mexus has historically shown that they are incapable of this which leaves the only remaining possibility of acquiring another JV partner with enough expertise and capital to make it a viable operation. Here again, the Mexus track record doesn't bode well so while the light of hope still exists, it is mighty dim.