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Exactly my point. You could say we are at a "Mexican standoff".
Ah, I remember it well. They all were saying that no company in the history of mining had ever escaped the death grip of a toxic debt loan. The downdraft in the stock price would be quick, what with the millions and millions of shares about to be sold due to the toxic conversion.
Was all quite entertaining.
"Barnes and Baileys..."
Really?
Vats the answer I was looking for!
Why is it that whenever I ask a question of 49, you are the one to answer, not him? Oh, and the question I posed to him was regarding his previous price projections. That is what I would like to hear from him concerning next week.
You are welcome to answer as well concerning the stock price projections for next week.
What happened to your prediction of .009 by Friday? Now it is simply "soon to be between .0008 and .011".
Haha. So you think as well that the reports were faked or even the entire visits were faked?
Not happy about the move to increase the authorized share count. But do keep in mind that this is not actual dilution. This represents the possibility of greater future dilution.
It does seem odd that with the expectation of the Ures property about to get into production. Raising the authorized shows that the company at least sees the possibility of going beyond the current 850m authorized. No more dilution should be necessary, if the company is about to start production. After all, they just did a private raise of capital from a group of shareholders.
Thanks for the link.
And where is the link to the source of this statement?
And do you have proof of this? I am not a member of that private board, so cannot determine what the truth is there.
You are very funny. You make a statement that MXSG is a scam in post after post after post. And when I ask you if you believe that the owner of MXSG, Paul Thompson, is committing intentional fraud (which would make sense, if he is a part of the MXSG scam), you won't answer. You just pose more questions to me.
Why is that?
Sorry. Asked 49 first.
Just looking for you to answer a simple question. You have posted on many, many occasions that MXSG is a scam. Just wondering if you believe that the owner, Paul Thompson, is therefore intentionally committing fraud. How hard is it to answer that question?
You still avoid answering my question. Let me retry on more time. My question was in response to a post of your where you said the following ...
"Don't worry the scam is about to unfold..." (post #25339)
Are you calling Mexus a scam and do you consider that its owner, Paul Thompson, is committing intentional fraud?
You did not answer my question. Let me retry.
Are you calling Mexus a scam and do you consider that its owner, Paul Thompson, is committing intentional fraud?
So, to be clear, you are calling Mexus a scam and therefore its owner, Paul Thompson, is committing intentional fraud?
... or NOT.
Whatever ...
Does show that this stock moves very easily and very quickly.
If this is what was meant by all those posters predicting a toxic death spiral, then bring it on!
Not quite.
First of all, the last time MXSG was at 50 cents was in the Fall of 2012. The toxic death spiral discussed on this board was related to the supposed near certainty that MXSG would not be capable of paying the toxic loan prior to the expiration date. The loan would default and an immediate downward draft would occur, due to the millions and millions of shares that would be subsequently sold (60+ million) as a result of the default. It was supposed to be virtually impossible to escape this fate.
Well, none of that happened. MXSG actually paid the loan in full and has been trading within a narrow band since.