Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Boy ain't that the truth
Show Mexus the money week has arrived. Tomorrow will be the day we have been waiting a year for. A 4 million infusion should be a great catalyst to get the high grade underground finished up and some drilling to see what we got. Great week if we get a check and blast permit
Whatever you want to call it I just don't want to have this message board weighed down with these told ya so diatribes. Post it on your blog most will see it but this board is for Mexus discussion. Thank you 8
Forgive and forget and let's move on. Let's not cloud mexus story anymore. People change. You should be happy people are agreeing with your long time observations. You will always be given credit for funding and keeping mexus alive
Can we not turn this into a pissing contest. Much credit to 8 as he has both financed and kept us updated and used his insight on mining. Thank you to GSB and other 2 investors for taking time to visit and write about your experience. Nothing to take away from you 8 you have a very polarizing view of mexus which is great as the view looks like gold at end of the rainbow. It is healthy for all to have other points of view align with what you have been saying.
To all of you and also the mexus team thank you.
Great summary. Very well written. This definitely helps in my decisions going forward. Thank you for going and spending the time to report back to us.
Looks like mexus will be right on time for march madness. One week and a day before check cashing day hopefully.
Group hug
Looks like Paul is confident in the 4 million coming in from San Felix. Love the 600tpd. Engine is starting to warm up it appears
It sure is. So now with the placer running next down the pipeline will be blast permit, JV for underground , and payment for San Felix hopefully. Next full month should be like gasoline on a fire.
I'm thinking this week was all about working out kinks and honing in efficiency .
I hope that 30 days actually happens. Need to get this ball rolling
Agreed Kansas. Another investor spoke with Paul Friday and was told PR Monday or Tuesday so we sit here on Wednesday so I'm thinking Tuscon is coming to fruition and is delay. Fresnillo had no intention of mining was more a hold to build reserves.
Can we keep the raging bull comments and critiques on raging bull hence the reason people came here to avoid it. Thanks
I feel 1300 falls this week
Is this going to be a no news Tuesday?
I even have my dogs legs crossed. I need something to counter act this snow and single digits lol
I was around for the pop which was back in 2012 which would constitute "years" since a pop. Suggesting people load up at these rock bottom prices because the coil is ready to pop is suggestive at the least. All I'm saying is I've bought numerous times and the coil misfired so I'm personally not expecting a pop because I believe we go at it alone which will be a more drawn out process and not big and flashy teaming with a major. My fingers crossed though for a pop I for sure would like to be green again.
I hate that kind of pumping talk ricky. This has been said many times over the years with nothing popping. Let's just let Mexus do it's thing hopefully this time.
I don't think they will use toxic financing. The placer getting up and running is the ticket. Again Im not sure why we waited so long to get it going, but once running it will be producing money which slowly we can then purchase items to get the mill going and then the leach process. It just will put the timeline back more. An uptick in gold prices would help out a ton also.
That is not entirely true at least not for a long awhile. First funds cannot invest in penny stocks. We would need to move over to a different exchange and get over $5 before funds could look into buying MXSG.
Hopefully shareprice will appreciate that much in time. That will be a wild ride for sure.
I wish I had 1,000,000 shares I have twice that invested but only half the shares. It does finally look like news on the horizon and it is what I had hoped for months and months ago about partnering with a big name.
A friend of mine dug into Fresnillo reports and it makes perfect sense if they JV with Mexus. If it does happen I see this happening.
They partner up at first with Mexus start production and continue to map out the area while turning a profit. It reduces their risk gong all in until they know everything about the property. Once they have a good idea of what the property holds I see them buying out Mexus like they did to Penmont.
Their goal is to control that Sonoran Trend and increase their gold production. They already are the biggest silver.
I see your point geiger and agree with most of it. Here is what I am tired of.
Paul seems to have A.D.D. Like you I have owned this stock since 2010. Paul has tried quite a few endeavors already trying to generate cash. So far none have worked. Sad but true.
I like the idea of selling the JV (if we really do own it, I would hate to find out later we don't or there is a fight in courts) and putting it towards Julio if I knew they could actually get it running and producing in short order without wasting more money.
I have read we spent 3 million dollars getting our share of Trinidad so we could generate money to start Julio our 100% owned. Now we are selling Trinidad to finance Julio at an unknown amount. Now if this amount is 7-10 million dollars then it was a good move, otherwise why didn't we just take that 3 million from investors and start Julio from the beginning and save money and time if that was the original plan all along?
Ever notice how 8 is like a windsock blowing one way than the other. Last week he was talking we are going to have 2 producing properties, now this week he is yelling at investors that this is the way so we can have one income property. Wonder what next week will bring after he visits. Im sure he will dangle the carrot in front of us, of all the things he can't say because of Ken, interested parties, ect....... but that we will be blown away soon.
The only thing that has been blown away is this share price.
Appraised and what someone will actually pay for something are 2 different things. I want to see them actually run a mine.
Again its 8speak so its not the truth yet just rumors but damn where is all the talk of two producing properties going?
Well 8 just posted a Canadian financer is involved for % of profits now and they haven't poured.
So why the need for constant open ended private placements which keep diluting us?
That's here say from 8. When nexus formally announces it then its real.
To me the fundamentals change when we finally produce cash flow. Nothing changes until we are actually taking gold out of the ground and turning into cash on a regular basis. It looks like we are almost there. I thought that was the case back in January. Then we got shut down at Julio. So lots of setbacks but as Chumbawamba goes I get knocked down, but I get up again. You're never going to keep me down
TM,
That was one of the best worded posts I have seen in awhile.
I get where you are coming from.
Mexus has alot of positives possibly going for it ( I say that because I just get this feeling things are still not concrete with who owns who/what and is responsible for costs and revenue sharing %).
I take everything now with a grain of sand, until money is actually being put into the coffers. I have had my hopes up too many times my first purchase was Sept 2010. I want to avg down but my confidence is not there anymore.
No need for a PR because they don't have money to pay for one. I don't understand when you guys say we don't need PR. You have to get it on people's radars. Then when they look into the company the numbers will speak for themselves.
You should be able to see the latest prs barely made a blip. At most it looks like a longterm investor trying to unload some that's about it.
They are asking for more Private placement. I don't know why they can't have Atzek front it and repay with the future gold pours?
Why would the last few releases get the shareprice moving?
- They have not run any kind of pr campaign been to any investor conferences and have no analysts following the stock so the only people that really saw this was existing investors which I am ok with given that we actually got numbers to work with finally instead of vagueness.
- They still are not producing any cash flow or pouring gold. This should start to change in the next two weeks. I believe the first pour should be happening. I don't expect much from the first couple just want the pours to be consistent and not have stoppages.
- The cost per ounce looks good. Now we just need to see how much gold there is and get it out of the ground.
Great stuff TM. I bet that was beautiful country out that way.
I am happy to finally get some real numbers from Mexus. We have been waiting awhile for something to work with that is legit and not 3rd person.
I thought San Felix was new property acquired next to Trinidad.
I love that we have real numbers.
Its good to finally see some cost figures from the company. Can we assume Trinidad is about the same?
So we got some news today. Although it is news and looks to be moving forward are we?
Per 8s convo
Leach is now about a week on with 10 days to go. Instead of pad 2 with high grade they couldn't start leaching witout leveling they put it on pad 4 which pretty well wasted the cyanide so he made them halt and wait on pad 2 in addition to 1. Turned out some baddies were still there and ruined some needed electrical panels have to be rebuilt.
So once again more "issues" seems everytime some news comes out it hides another problem.
- Wasted what precious PP money they had received on the cyanide.
Why was this not caught before starting the leach? Isn't this JV supplying us with qualified personal to assist?
- Cash flow now will take another 2 weeks.
- I thought they cleaned house after Ken?
It seems Mexus likes to just keep jumping to a new project before the last one is even working. For example
Caborca Placer > Julio Mine (no permits, some equipment installed) > JV (1 failed attempt with JV, see if 2nd works) > San Felix Claims all the while none producing gold at the moment.
Were we not supposed to get some reports on Julio or Trinidad?
I know mining is full of surprises but this just seems like we are never moving forward just treading.
Because I would like to get back to even and also my plans weren't to sell in September I'm just saying my prediction is not 20 cents by the end of Sept.
I dont think we see .20 by end of month. Nobody knows about Mexus. So any news is just on our ears. Some may have some powder to buy and will raise sp a little but then it returns to its .10 cent norm
I do not believe the have a PR company doing anything at the moment. That is the word on one of the boards. Again annoying as we were told a letter of intent was signed. Now we are back at square one.
I know there is nothing to report at the moment, but groundwork must be made so when something is to be reported it can get to the right people.
Rich,
Never have corresponded with you through email.
A dollar would be a miracle in my book by end of year. I have heard $1 predictions a few times with this stock and well......
Just need that cash flow. It's amazing how cash flow can fix so many problems.