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Its all about asking the right questions in the right way.
Change of tune. Remember from post long ago, Argonaut lied in that PR. No gold was real reason supposedly for pulling out. Now trust to know better .
I just called Eagle Roofing Products here in Southern California. Eagle Platinum is only offered in Florida. The reason is Florida has a lot moisture, Moss and Algae. It sold only from the initial manufacturing process and not after market. I asked about what customer feedback has been and she said great it is a wonderful product and is selling.
INTRODUCING EAGLE PLATINUM TILE https://eagleroofing.com/products/eagle-platinum-tile/
Fusing luxurious craftsmanship with cutting edge chemistry is what Eagle Roofing Products and INI Worldwide have done to create Eagle Platinum™ Tile. A dual-purpose deep penetrating clear coating is added to provide the perfect balance of energy efficiency and lasting beauty to our already exquisite Eagle tile.
How is it different? Unlike other sealants and coatings that stay on the surface, when applied,this patented coating enters and seeps deep down into our concrete roof tile, providing added protection and sensational benefits to an already dynamic product.
EaglePlatinumLogo-FINrev
The Next Generation Of Energy Efficiency
Eagle Platinum™ Tile insulates and reduces heat transfer in and out of your home 365 days a year/24 hours a day. As a thermal barrier protectant, rather than merely being reflective, the technology in Eagle Platinum™ Tile lowers your heating costs in the winter and your cooling costs in the summer, making your home more energy efficient. Independent testing and field studies have shown that the patented coating reduces heat transmission between 20%-40%.
Correct. Any day. Care to elaborate with some real evidence.
I think MXSG has already addressed this by referring to a 43-101 Quality report. Meaning, it will be the quality of a 43-101 but not labeled as such. But what do I know. As Elis said , lets wait and see how the company files the report.
Of particular interest is pages 52 and beyond talks about, reporting exploration results, tonnage, grades, etc.
The Link below gives a good overview of the reason for the proposed changes to Industry Guide 7 and what can be expected to change.
https://www.sec.gov/rules/proposed/2016/33-10098.pdf
Thank you again. Quote - ".......They can produce an SEC approved report with the details and standards upheld in the Candadian exchange, and publish that information..........."
Thank you! Quote - "They can produce an SEC approved report with the details and standards upheld in the Candadian exchange, and publish that information. The simple fact that this is not a report, and simply required standards for one country even more so gives me comfort knowing we are good. MXSG is stating US regulations around reporting and disclosure are more relaxed then Canada, and even though not needed they are going to provide the reporting in a more rigourous detailed fashion that one would get in Canada"
Wrong!
The words "43-101Quality" report is the key. My read is that the report may not be promoted as a 43-101 but will have the substance of the 43-101 .
As 8 said Mexus can certainly prepare a 43-101 Quality (emphasis mine)report to help investors figure out what they have and help them develop plans. I certainly would like to see a Quality report based on 43-101 guidelines more or less. Can be done with no need to file. I see a lot of Nit picking and just plane BS.
Spot on.
43-101 and SEC proposed new rules. SEC proposes adobting much of the report in its new rules. Me thinks PT is doing the right thing.
https://www.dentons.com/en/~/media/02be0bc9d0734238965c9cf01af4c3a0.ashx
.
"The United States Securities and Exchange
Commission (SEC) has proposed a new
rule governing disclosure of mineral
properties by public companies1 to modernize the
existing U.S. mining disclosure policy set out in
the SEC’s Industry Guide 7. In several respects,
the proposed rule would align the U.S. with the
disclosure regime of most jurisdictions, including
Canada’s National Instrument 43-101 (NI 43-101).
Some of the unique aspects of the proposed rule,
however, would result in increased potential liability
for technical report authors and increased costs for
mining companies." This article describes certain
aspects of the proposed rule, and some ways in
which it would impact Canadian-based companieshttps://www.dentons.com/en/~/media/02be0bc9d0734238965c9cf01af4c3a0.ashx
Some features of NI 43-101 are not adopted by the proposed rule. One distinction is that a QP would not have to be independent of the issuer, as required for some technical reports filed under NI 43-101. Other distinctions, such as explicit rules as to what constitutes “materiality,” are intended to remove ambiguity and therefore may be advantageous. Many of the key differences between the proposed rule and NI 43-101, however, will make compliance more expensive and cumbersome for Canadian issuers and their QPs.
Unlike NI 43-101, which provides an exception frequently used for early-stage projects for disclosing inferred resources in a “preliminary economic assessment,” under the proposed rule, there is a prohibition on disclosing the results of economic analysis in respect of inferred resources.
Other aspects of the proposed rule not contemplated by NI 43-101 include mandatedaccuracy levels of capital and operating costs in a pre-feasibility study to within plus or minus 25 per cent, with a maximum contingency of 15 per cent; a feasibility study within a 15 per cent range above or below; and a contingency rate not exceeding 10 per cent.
In addition, mineral prices must be based on a two-year trading average prior to the last fiscal year with provisions for prices based on contracts in place for such minerals.
The required contents for technical reports under the proposed rule include hydrogeology and geotechnical factors. The contents otherwise track the NI 43-101 report requirements.
The use of disclaimers is prohibited, which will result in QPs confirming such matters as political, legal, environmental and tax matters, which is generally outside the QP’s expertise.
Accuracy levels are proposed for each stage of production, such as mining, processing and recovery of minerals.
The rule applies to royalty/streaming entities, however, they may rely on the producer’s disclosure with the QP’s consent. This consent, however, is unlikely to be obtained because of liability and confidentiality concerns.
M
That's what I was thinking. $$MEXUS$$
Apparently took a wrong turn.
Hop in your car and find out. Please report back.
What progress? No audited financials to verify anything.
Show me the money HAHAAHAHAH !
In pinky land its not unusual to see statements that are not credible. Show me the money.
On second thought the figure may have come from the stock analyst and might have been a typo.
A link to an interview with PT posted a while back and he gave the reasons for the low cost of production and I think a new figure of $700/oz was thrown out. i know I saw that figure quoted by him somewhere. I didn't save the link. Does someone still have that link. I don't know why is was never posted as a sticky.
No financials. You don't know that they are profitable. Show me the money.
Understood ! Market psychology an enigma.
Think should talk about market cap before can estimate SP. How will investors value the company MC 3 months, 6 months, 1 year from now. How much gold to be sold and San Felix producing will 700M be a fair valuation? Understand that demand for stock is not always rational in the early stages so market cap can exceed fair valuation.
Can you answer your own questions about China, Mexico, Europe sales? How do you know they are making deliveries on time and successful in rebuilding the distributor network?
How about # of daily orders taken . Care nothing about traffic statistics.
Love it. Very on topic.
Show me the money. What are they doing with all that supposed incoming revenue ? New year, same old darkness.
Happy & prosperous New Year to all Mexus shareholders.
Share holders should demand it HAHAHAHAHA!
Understood! But, How else we find out what they are selling. The company not file financials. No one really knows if they are serious about doing that. You really believe when you ask they going to tell you anything but what you want to hear. We shall see in this case.
Thanks. It would help if we knew who was producing the products so could verify that they are consistently moving product for INI.
Synavax is a wholly owned subsidiary. Who runs Synavax ? Where are the manufacturing facilities for the products ?
For your sake I hope they are not saying the same thing months from now. Hope is not a good investment strategy.
Why Own Gold?
https://seekingalpha.com/article/4134120-gld-gold-become-one-2018s-top-performers
Gold performs particularly well as an asset class when inflation is higher than key rates. For instance, if widely held notes and bonds offer investors a yield of 2.2% and inflation is at 3.2%, this would mean that the real rate of return is negative 1%. This would make gold very attractive to investors, as they would be preserving capital by investing in gold, and as more market participants allocate their capital towards gold in this environment the price inevitably moves significantly higher. We witnessed this phenomenon play out in the mid-2000s, in 2009-2011, as well as in many other instances throughout history, and it appears that history may be getting ready to repeat itself.
Inflation Likely to Move Higher in 2018
The recent inflation data appears very bullish for gold. The last CPI reading came in at 2.2%, which is indicative of increasing inflation. Moreover, the PPI came in at over 3%, a multiyear high. Final demand goods were actually up by over 4% yoy. This is incredibly high indeed, and indicates that producers are paying higher prices to produce goods due to rising inflation and are absorbing the costs rather than pass them on to consumers at this point. Thus, the disconnect between the 3% PPI and 2.2% CPI. However, in the future, producers are likely to transfer costs to consumers which will spike inflation even higher.
Not going to happen, Company does not care about shareholders.
They are dark for a reason.
Yeah, there is no gold. Sell &move on.
I wonder if he Nick pulled an Arrow Freight senario where the executives siphoned all the profits for personal use.