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So you want me to call him, so he can give me information that isn't available to every other investor or only if they call him because being bombarded by calls is so much easier than putting the information in a PR. Logical.
Why does PT have to keep HINTING?? Why can't he just come out and say it? How in the world if you had a gold mine, and were working at it for years, and were finally recovering and selling gold would you not want to publicize it?
-Gold is up
-PT wants share price up so he can sell shares and eat
-Opens up better financing terms
-Draws in new investors
And before all the homers come and say things like
- he is giving the long term investors more time to accumulate
- Banditos are watching
- we are being mean picking on poor PT and Mexus (they are a public company. Don't want scrutiny then keep it private).
- shorts are getting scared
Why would you keep good news if you had good news to tell to yourself???????? There is no logical reason especially in this gold environment.
So why do they keep withholding that from investors? I'm sure new investors would use that as part of their DD.
A PR like today would have been the perfect time to give updates on gold sold, current production and anticipated increase in production ahead of the 10q and gold is up.
Instead we acquired a truck,and let us remind you about our fiscal year. Yawn.
It would be great to see more conviction.
It should increase production.To me that means you don't know and don't want to stick your neck out.
For investors, saying it will increase production and we expect to go from x ounce a day to xx ounces a day would be something to get excited about.
Instead no numbers. 500 tons doesn't mean anything especially if it's just dirt.
What do you think they are doing 1, 3,5 ounces a day?
Thanks. Ya I know nobody knows the future. Just wanted your opinion
$LPCN $FBIO $MARA current holdings.
$LXU that was a great call. Where do you see it going from this level? It's been having some long green candles, do you see a pullback happening?
How I see it playing out
10q underwhelms investors. It will show gold,but not as much as anticipated. The body language of the company is why I anticipate this outcome. They put out constant fluff PRs but don't promote there successful gold mining. Weird.
-Investors get all panicky and wonder why it's not meeting previous stated output
-One of the regulars will call PT and where PT will give some plausible reason (weather, equipment broke down, found a new richer vein and shifted to that spot,starting ball mill ECT)
-Mexus buys themselves another quarter while investors convince themselves this is extremely undervalued and they are smarter than the rest of the world because they are loading up and backing up the trucks.
How did you find it so easily then?
So if I understand correctly, Mexus chose an auditor that has been penalized in the past for not checking sales receipts and purchase records thoroughly enough?
I'm baffled how
- get into business with a Nigerian scammer, - swindled by MarMar who said they were more than capable of starting and running a mine even though their only experience was moving dirt
- now using an auditor that has been dinged for not checking sales receipts and purchases closely in the past.
This a day time drama
Where have I heard that one before? Mexus working with companies that don't know what they are doing.
Through the years it has been interesting whenever supposed good news was on the horizon some weird circumstance would arise to buy more time.
Off the top of my head
-Having to redo liners
-Equipment decided to be taken offline right as they are to start to retooled
- Pump going out
- dumpster leaching was actually only a test even though all indications were they had easy gold
- equipment stuck at border
- Make a mini MC, then scrap for big MC then scrap again because flow was too weak
- MarMar was rocking it and gold production imminent, until they weren't
- Now it's the auditors
Maybe this time is different. Body language of the company to me says it's going to be underwhelming.
- The new terms will be interesting on the whopper loan that was deferred, but was PRd as paid off. Taking a new loan to pay another loan does not equal paid off
- see if they are recovering amounts like PR states
- shall see what the daily production is
What I find telling is, PT talks to investors on how he wants the share price to go up and so he can sell his shares.
Mexus releases a fair amount of fairly empty PRs.
The one PR that would increase share price and bring in new money is somehow held tight and will only be released in the financials. Yes, that is how the big established miners do it. That is because they are established and have shown they can sustain production.
If I was a tiny operation and was in the midst of a gold bull run and wanting the price and the word to get out about my company I would be releasing PRs with the goods.
But that PR never comes. Why?
$LPCN my 1.80s are looking good. Thanks Mark
Statistics are great aren't they? Just pick the timeframe and can have two different views.
It will be informative what the new terms on the deferring the loan payment.
I wonder if any new loans do show up? It's not like Mexus has said no loans before and then a 10q shows differently.
$INPX the real reason it's up link back. You are welcome :)
Ya I took that advice and sold. Took a hit but could have been much worse. Thanks
$LPCN been picking up some shares today on the pullback.
$BIOC popping on news deal
Thanks for your insight
$CHFS so I did a shit job protecting my entry here. I see it's coming down to the 8 day moving. Do you think it's going to bounce and head back up?
If anyone is willing to share, I'm trying to hone in a formula for scans to find good setups. I understand if it's a guarded secret for some.
Dudes pumping before earnings again. Apparently has a problem with listening.
$INPX I sold out the other day too. I'll take one for the team too.
Never called it a scam. It's a horribly run company.
Reads like a copy and paste.
Some random assays
Some equipment down for repairs or "upgrading"
Some equipment arriving
And a sentence to bait the hook some more to wrap it up.
Sounds like a PR he was forced to write because investors were getting agitated from the silence.
The fact gold is almost 2000 an ounce and Mexus is being silent should tell you all you need to know. The last PR they could muster is paying debt "off" by conversion of shares and taking on a new loan to prolong payment.
If you have good news you can't wait to tell everyone, if you have bad news you wait until you are forced too tell.
$BOXL grabbed some at 2.06 earlier today
I picked up some $IDEX yesterday. Feels due for something.
$SNSS joined with some at .28
Still in $Aiki really want a PR soon
$PDSB Covid news out. Up 20%
$NVCN $2.60 8x34 cross about to happen. Has a gap to fill between 2.65-2.85
Going into this week holding
$ADMP $AIKI $BIOL $INPX $NTEC $SNSS
Watching $HTBX $BNGO $AMPE $IDEX
Hoping $SNSS gaps up and then swing into $AMPE
Social media is horrible. I occasionally just look on stocktwits and the egos and negativity and fake bragging is unreal.
This board is cool and laid back and gets results.
You guys are amazing on these calls. I didn't pull trigger on $CAPR wish I did. Pure Fire
Something big must have leaked. Seems odd on a Friday night to run like this. Great call
Its not trashing. They are legitimate questions that can't be answered.
We have all the moonshotters again just like every cycle of Mexus in the past when we thought they were on the cusp just to be kicked in the balls.
They have 2 billion shares out. They are on the pink sheets.
The body language says they are buying more time until they have to put something out, not because they are excited.
Gold screaming higher, yet Mexus languishes. Barely any volume compared to the share count.
Still calling it. Ball mill will be touted in next PR because of crazy gold nuggets found and attention will be directed there with back of napkin math. And the Leach grades can hide in the shadows.
They bought equipment great. I have yet to see any continuous gold production with this equipment.
I always wondered what Paul charged for all the equipment he salvaged? It just gets buried in expenses never line itemed.
The market is not expecting anything really as volume is nil
Realtor how many times through the years have you tried pumping people to load up because Monday is the day? People who do that are just trying to confirm their beliefs.
Your response is a poorly done website. What about how much gold they have, how much they have produced, how much the costs are you know the real things you need to know to value a company. Please don't regurgitate figures that you heard from some guy who spoke to Mexus. Official docs only
How do you value a miner when you have nothing to base it on?
You are mixing emotion and beliefs and turning them into facts.