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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.
Now that is real DD. Good post.
Nice piece of sensibility there wxdog.
Love it. Keep it up.
Wow! Wow! Wow! Wow!
Sounds like someone needs to look in the mirror.
I understand the market cap is low but it was low before and no movement.
Trust you are right about good news. But I am afraid it won't be enough for me to break even at $1.00 per share. Luckily I have other investments that have done well enough to cut my losses in Coates.
Little bit of buying here moving up for whatever reason.
If only knew how charts can grow portfolio. Work and patience involved, no emotion. Not exact bottom, but excellent entry points identified. Avoid last aboard and preserve capital. Works in tandem with DD and fundamentals. Last responders? Wrong. Thanks for the update.
You got that right. I sure appreciate 8's posts. I don't post much or pay too much attention to message board traffic but my gut feeling from reading posts is that a man of wisdom and integrity. Made me feel better about my investment. Kudos to PT and MM and also to group of original investors that helped make this happen. The chart and technical studies right now meet all the criteria for new money flow in soon here. Sure glad i stumbled on this gem.
http://mexusgoldus.com/properties/santa-elena-mine/
The Santa Elena mine is dominated by a series of fissure white quartz veins where 6 important systems have been recognized. Three or four low angle shear zones are also present with important prospects in them and notable higher gold grades as bonanza pockets. The fissure quartz veins have an average width of 2.1 meters.
The Julio vein extends more than 800 meters before it buries and is known for high bonanza grades which includes the underground mining site on the property. There is an estimated 415,000 tons on the surface with a minimum of 5 grams per ton. There are also four shear zones recognized in the area. Shear zone 1 is coincident with the Julio Vein and had a sample graded at 11.5 grams. Shear zone 2 is 400 meters to the SE and parallel to the vein system 1 through 5. Shear zone 3 contains a bonanza pocket which had sample results as high as 19 grams and was graded at an average of 5.5 grams from assayed results. Shear zone 4 presently contains some pits, adits, and shafts and graded 2 grams from eight samples. The 6 major vein structures identified in the area S of the Julio shaft account for nearly 4,000,000 tons of mineralized material with average gold grade of 2.5 grams with three times as much in silver.
The very important element to the Santa Elena is location of the mineralized material. There is little to no overburden on this property leaving access easy and costs minimal.
In addition, the geography of this property is flat allowing us to keep our material trucking cost to a minimum. For these reasons, we believe our operating expenses will be much lower than our peer group.
Our JV partner has been busy preparing and developing the mine site. Since May they have:
Finalized all permits
Performed an initial blast
Prepared the heap leach pad
Prepared and lined two recovery ponds
Pour a pad for the Merrill Crowe recovery system
Installed a Merrill Crowe recovery system
Placed mineralized material on the heap leach pad 1 and have begun placing material on pad 2
MarMar expects to be producing 10,000 tons a day initially with the end goal of 20,000 tons a day once efficiencies are obtained.
The hard rock mining which could include underground mining and the use of a ball mill/gravity recovery system will commence once the heap loading and recovery are underway and optimized.
Did wonder but never bothered to ask. Thanks for the explanation.
Everything good comes in due time. Not In any hurry for pops or whatever. obstacles overcome, Selling gold, making payments due, no debt, profits, new mine, upstanding CEO. SP will take care of itself as we move forward and continued progress is made. Just glad for an investment associated with such an outstanding team as PT and MM. IMHO. Cautiously optimistic.
Quote "operate the mine and carry all costs". Is the iniial construcion, equipment to operate the mine, all expenses to get the mine up an running included ?
I was able to sell 200k at .002 approx. 10 days ago. but still holding 700k. No big deal . Waiting to see how it plays out.
Right on. Well said.
Nice. Thanks.
If all the DD on this board is meaningless and in collusion with the INTK, they have certainly manufactured a sophisticated web of deceit. Hard to believe this is totally what is going on. Trust they are under close scrutiny by authorities if anything is amiss.
Assuming nothing my friend. Thorough DD assumes nothing. Its those who do not take DD to the next step that assume and sometimes get burned. Not saying this is not a good investment, just need to be careful.
Not the same apples here. If a distributor cannot sell the product or sales are minimal and or customer feedback is mostly negative for a products that has not yet been widely accepted for awhile, sends up red flag and warrants further study. Not same for already known, established consumer product that everyone is using and already known to work but products vary in quality or consumer needs.
Would like to know. If not selling, or customers are unhappy not a good sign. Just saying. No reason to believe it is not a good product.
All we need to know if it is selling and what customer feedback has been. Will see what I can find out.
The board theme is someone has been selling for a while. However, one reality the accum/dist line has been going straight up since June. This is telling. Typically doesn't lie. Reversal coming with progress being made. Just my 2 cents. Nothing guaranteed in the stock market.