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Right, but I have seen plenty of charts just like MXSG that bounced on thru and to new highs relatively quick. If Mexus delivers add it.
Thank you 8.
Good for you. Just remember to keep an open mind. Think outside the box. Conventional wisdom is not always appropriate.
Nice find. Think Millar would like Mexus.
Shows you can have success without the conventional start up.
Agree. Every progression towards pouring and selling of gold is welcome and good news, but when confident that consistent recovery and sale of gold the share price will take care of itself.
Excellent on both. Sanity reins.
Agree! Nicely put. As long as an investor knows this is a lottery play (although I believe the odds here are so so much better than the lottery) this is a good gamble. In fact, the markets in general are a lottery. Investment instruments can move up and down for no apparent reason that is why having technical studies to rely on are so helpful. And don't let anyone tell you otherwise, there are indicators that are very reliable once you get comfortable with them. The trick is to stick with them and don't let emotions get in the way. Its a struggle, I know. Easier said than done.
Quote "I hear that some folks have actually put hundreds of thousands of bucks into Mexus....can you believe that? ". I surely wouldn't do that without hiring a professional and doing thorough on the ground DD as discussed.
Missed my point. Ideally, I would like to have a well qualified independent geologist of my choice evaluate the operation and properties based on current info available.
Evidently PT believes Elena will be just fine with Lemas/Garcia and time to get the other projects started. Not betting the bank on it but I am somewhat optimistic. Yes, Felix is a mystery now with Ures and Mabel-Dana now n play. Would certainly like some clarification on reasoning behind now priorities. This certainly has been a tricky one to play, for those like me not having any mining knowledge, the operation analyzed by a well qualified geologist as well as not having got inside PT's head and any information from MarMar. However, I will be ok even if I am wrong. I can manage my trading around all this.
I think you know the answer to that but it doesn't fit your narrative.
That is right, the jig will be UP. Way North of.03. ????
Just to be fair. Do other companies put out sales #'s other than in the 10Q/K?
That is great. Consistently profitable in 2017 means they should now have the financial ability to file the statements of Income and balance sheet. Where the He..l are they? How long is it going to take to file 2016, 2017? Nobody knows. They should at least give Shareholders some indication of when that will be.
If Mexus is not providing anymore labor or finances isn't your conclusion backward.
Not to worry! Revisit in June this moment in time and smile.
How do you know all longs bought @ much higher prices?
True. Most message boards are for entertainment only.
That is a no brainer. Patience is golden here.
Who cares. As long as filled within NT period. Under the circumstances, no big deal.
Thank you. Some of us do pay attention.
Probably just a little careless about the specific date. Should have left out the expectation for 1st week in Feb . I focused on the last sentence which told me "WILL notify shareholders when additional details become available" Believe the expectation date was just speculative. I also read the "Cautionary Statements" in the news releases. Thank you but don't need any hand holding here.
Also, am looking forward to the following from the NR ...."A summary technical report on the Mabel-Dana will be released in the next two weeks which will show all data processed and conclusions on the economics of this property." Hope to see something on that shortly.
Tired of that old song Monday, Monday. News will come when news will come. The Market will do what the market will do.
Let's see where market is end of April and revisit this subject.
Not surprised by big drop. Expected. Big gains in relatively short period of time. Due for a pull back/correction. If you follow and study stock market patterns not surprising. Pattern is repeated over and over whether individual stocks or markets in general.
Perfect. Time to buy.
Common sense. Thank you.
Actually, the delay has been delayed until all the millions of gold is mined & sold.
Could be, but not likely.
Depends on what you mean by imminent. " near, at hand. Imminent, Impending, Imminent may portend evil: an imminent catastrophe,but also may mean simply “about to happen”. Impending has a weaker sense of immediacy and threat than imminent
I hope the next NR indicates we finally ready to sell extracted gold and do not have any issues with the complicated process described below.
The Merril-Crowe Gold recovery Process
The Merrill-Crowe gold recovery process removes precious metals from a cyanide solution by zinc precipitation.
The pregnant solution is first clarified through filters such as horizontal leaf type clarifiers. By using a precoat system (with diatomaceous earth) an extremely clear solution can be produced. The specific design criteria for these types of filters vary with the turbidity of the leach solutions. To avoid major upsets in the circuit, two filters should be online while another is being cleaned, precoated, and readied to go online as the next filter goes out of service. The solids removed by these filters are of no value and are backflushed to tails.
The vacuum system removes oxygen from the solution in a packed tower. Solution is percolated through a packing bed while under a vacuum. Flashing water vapor strips oxygen from the solution. Special attention must be paid to eliminating any air leaking into the tower, as this can decrease the efficiency of the vacuum system. Solution exits from the bottom of the tower and results in a very low net suction head on the precipitate feed pumps. A careful selection of these pumps will avoid cavitation and the tendency to pull air back into the solution. It should also be noted that these pumps will require liquid seal in the packing area so that air does not leak into back solution. Zinc feed addition utilizes a zinc feeder with an auger and moving side walls to avoid bridging of the material. Using a cone bottom tank with a steady head tank for zinc mixing solution (usually a cyanide solution) will assure that no air will leak into the system. With a rich pregnant solution, the zinc will be better utilized, and conversely, with a weak pregnant solution it will be less utilized.
Using lead nitrate in the zinc system can activate the zinc. It must be used in low dosages to prevent blinding off the surface of the zinc and preventing precipitation of precious metals. An excessive use of lead nitrate can form a lead hydroxide gel and blind the filters.
Zinc must be added at a constant rate. A variable speed feeder is recommended for this application. The zinc must be kept dry to keep it free flowing. The zinc solution is added to the line between the deaeration tower and the precipitate feed pumps.
Final filtration of the precious metals is accomplished with the precipitate filter feed pumps and filter presses. The feed pumps must have submerged liquid seals over the packing area or flushed double mechanical seals, and have a low NPSH requirement. Most filters are either the plate and frame type or the recessed plate type. Filter cake is collected in the chambers between the plates and can be air blown to remove a substantial amount of water.
8. Thanks for the post. Being the gold mining novice that i am, could you please read the following and then explain in terms of the article where we are at as far as testing and or production in this process? I assume your post in part was all about extracting the gold. Thank in advance for your feedback and patience. Will understand if you just want me to call PT or IR.
"Removing the gold-bearing rock from the ground is just the first step. To isolate pure gold, mining companies use a complex extraction process. The first step in this process is breaking down large chunks of rock into smaller pieces. At a mill, large machines known as crushers reduce the ore to pieces no larger than road gravel. The gravel-like material then enters rotating drums filled with steel balls. In these drums, the ore is ground to a fine slurry or powder.
Next, mill operators thicken the slurry with water to form pulp and run the pulp through a series of leaching tanks. Leaching dissolves the gold out of the ore using a chemical solvent. The most common solvent is cyanide, which must be combined with oxygen in a process known as carbon-in-pulp. As the cyanide and oxygen react chemically, gold in the pulp dissolves. When workers introduce small carbon grains to the tank, the gold adheres to the carbon. Filtering the pulp through screens separates the gold-bearing carbon.
Why would any one even care what you say after the previous line of garbage juvenile chatter. Relax X.
In regards to the 2 day rule, I suggest read rules and amendments thoroughly and carefully which I am sure everyone has.
So, how late was he in filling Form 4s' ?
700K here.
All those saying good news coming put your money up and buy 100M shares or more.
Perfect! Have a safe trip back home.
Thanks for keeping us informed 8. Very unique board situation here.
Spot on!