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The number of shares sold compared to what he has is not selling jumping ship.
Do you really think that? A tad overreacting?
What's it equate to like 1%?
People buy, people sell, people read too much into things.
Why don't you take your own advice and call him?
So how did they pay them off with zero revenue?
Your definition of paid off is quite flimsy.
They either rolled it into a new loan or issued more shares. They did not pay it off with generated cash from operations Fact.
If Mexus would stop with all the proxy Messengers and kept their lip shut until they put out info the level of confusion would only be a 6 instead of 10
How dare you call out Mexus. First rule of the club is never to call out Mexus. Lol
If it's for real show it. Stop hiding in the shadows and grey areas of vagueness.
I find it quite contradictory to proclaim becoming a major producer yet have nothing to prove it yet.
Lol no one is asking to be taught in a PR. It's called CLEAR communication. Something PRs and videos put out seem to lack. Could they have put out a grainier garbled audio video to showcase the company? Mind boggling. You are trying to bring in new investors with that?
Hey we are expecting 5 oz a day but are only getting 3oz currently here is why.... Boom no assumptions need to made, no need to run through the 8 filter, and CEO doesnt have to field phone calls.
See that little snippet of the low grades is what needs to be included in the PR if they said in a previous PR to expect 5oz. A few more words and provides alot more context.
Thank you for supplementing that.
Can one of the party goers confirm if it's 200-250gpm like the video or 500gpm like the PR.
Always good to contradict yourself in the same release. Helps to clear up confusion.
Can someone on the PR team get on the ball though. If you are going to release a PR and spend money on it and in it say you have a video and it can be found on the company website it better be on the website by the time the PR is released.
Logically thinking is people who read the PR will then directly check out the video.
Very few are going to go back and seek it out.
Another missed chance to capitalize on PR.
Way to go Mexus
But why are their numbers 50% off from PRs a few weeks ago.
60gpm down to 30gpm and 5-8oz down to 3oz a day? Wiggle room is fine but 50% is a miss. Credibility comes into question again of what to believe in their PRs.
The Merrill Crowe Zinc Precipitation gold recovery plant should operate at 60 M3 per day, with expected production of 5 to 8 ounces of recovered gold production per day, culminating in continuous positive revenue generation.
Why did they announce a significant gold pour when all they are able to process is 3 oz a day?
1 step forward and 2 back.
I can't speak for anyone else, but I do own shares and have had them for at least 7 years.
I might be jaded in my commentary but it's not unwarranted.
Multiple times Mexus has gotten to a turning point and everyone was slapping each other's backs and talking the stock price up like it was never coming down and Mexus was going to be the biggest and best. Every time at that turning point Mexus failed and took the share price down and the number of shares up.
So while I am cautiously optimistic with the news that has happened so far eludes to the idea Mexus finally turned the right way it still has not been confirmed.
A few private investors with a lot at stake giving vague assumptions doesn't count and Mexus PRs of actual numbers is still missing.
I hope as soon as next week we do get those numbers and real confirmation so this huge cloud of doubt that has been over the company and investors is lifted and the stock price can increase and hold the appreciation due to fundamentals not speculation.
Good because it's been miserable for most.
Sounds better then the rear end reaming we have experienced.
Still waiting to get over the hump of writing bad PRs. That's when you know we made it.
Ra Ra Ra hip hip hooray. Been told before gold was imminent and Mar Mar was doing a great job. See where credibility comes into play?
All the sugar Mama's and daddy's always seem to have glowing reviews.
Funny how you keep telling us to call the CEO and we keep asking for PRs that actually provide information instead of vagueness.
I would be willing to bet 90% of PRs have resulted in red days due to poor information and loss of credibility.
If PT wanted to be efficient he would make sure the PRs had useful information delivered in a fashion that didn't require a bunch of assumptions so he didn't have to constantly field phone calls. That is really a terrible waste of his time.
Oh and Miss E info from 8 is not firsthand info. That is info from PT cycled through his perception and bias.
Oh we'll see how this pans out.
This place is hopping after all that good news Friday. Was everyone busy over the weekend crunching numbers with the figures that were provided?
I see we touched sub penny today. That's cool. I thought this was going to DA MOON and we be living the California dream when gold production was announced?
If PT wants this stock to stay over a penny to prolong the RS he is going to have to provide some actual figures before a 10q.
That is just a paid advertising spot. They even say they are not responsible for 3rd party site info.
Now if they actually write an article that would be different maybe visit the mine. Maybe they could get some actual numbers.
Lol. Your gut feeling couldn't be more wrong on that one.
Nope just an investor waiting for Mexus to show the goods.
Can you please tell us all with certainty what those recovery rates are? You must be on-site then?
Wouldn't it be great if just once when a PR was released you didn't have to come and try and spin it?
Nobody is missing that point. As stated before Mexus has a credibility issue. Last time they produced it was 8.2 ounces and then they stopped.
This time we were told significant by Sept 1.
3 weeks later we have news of a pour. How much nobody knows. Can you follow how this errodes credibility of anything Mexus says?
Market seems to agree. Red day on a monumental occasion.
PT has been working his hide off trying to get this off the ground on their own and this is how he announced it????????
On a Friday, with zero information. Why bother? You are already late from the date you said so wait longer till you have something to announce.
No Jim. Mexus neglected to provide any useful numbers.
Every PR that is put out costs money based on word count.
Mexus decided to spend money on Paul Thompson telling us that this is a monumental occasion (kinda redundant since anyone can figure that out) instead of a few numbers that actually mean something.
Where is that explosion of share price the crew was talking about when gold sales happened?
I am still trying to figure out how some people here know its very good recovery rates.
Was it a significant gold pour? It was expected.
Ahh the Mexus way. Release news to answer zero questions.
And for those longtimers that will say this pr was just to inform current shareholders how things were going that is the worst game plan. Each and every PR should be crafted with the intent to continue promoting the company and bringing new investors in.
Do not write PRs that hinge on having past knowledge of the company. Write them so they tell a story and get people excited.
For ever and ever Mexus seems to write its PRs out of a Madlib book where you just fill in the blanks.
You actually don't know the recovery rates so stop saying they are really good. Absolutely zero proof about recovery rates unless you were able to figure it out from the 2% discount rate?
Lol that's because none was provided. Talk about the most anti climatic press release for such a BIG event in Mexus history.
Once again the wonderful PR writers and PT give the vaguest of vague PRs.
So was it significant? Don't know
Was it more than 8.2oz? Maybe
Good job Mexus getting to this point, but for the love of God this was a golden opportunity pun intended to provide investors and the people on the sidelines with some actual factual numbers. Instead a PT promise of more updates and telling us they are capable.
It's going to hard for us to see increasing numbers if you never give us numbers.
Coming just in time for a hot humid spell. Saw travels my friend. A good month would ease alot.
I respect yours too. I don't see how I am dead wrong. I'm going off what Mexus put out there for investors. If they are going to put out that they expect a significant pour by Sept 1 they better have a pretty strong conviction to issue that. If not don't. It killed credibility once again . This stock is fragile enough with a horrible history of meeting timelines and bringing something to completion.
They were on the right path of gaining trust back then on the biggest one struck out. Maybe they will actually produce who knows. What's another 2 weeks right?
So what's the holdup then?
Your gut was obviously wrong when you talked to PT.
Whole new crew but same old results and timelines missed.
Which will come first?
Actual gold production with numbers and sales or how Mexus is now diverting attention and resources to another incredibly rich area because Elena is running itself now.
How can you even begin to trust those numbers? They keep changing every week and nothing, zip, zilch, nada has been produced to even start to verify.
It really is the same recycled PRs.
There is . It's lame. Delays without saying delays. Raised "expected" per ton recovery which at this point no one expects to hold.
https://www.globenewswire.com/news-release/2019/09/09/1912499/0/en/Mexus-confirms-progress-and-results-at-the-Santa-Elena-mine.html
So currently Mexus is off by at least a month on their expected "significant" pour. Imminent baby.
Since you are new to Mexus, in the past $1 a share has been predicted a number of times along with dividends because it was going to be such a cash cow. Don't get your hopes up.
They need to execute on a lot yet and do it consistently to hopefully hit .05.
Maybe the tables finally will be turned, but I'm not convinced yet and why would I there is nothing to show yet.
That was garbage handling of saying there would be a sig pour by Sept 1 and then nothing all week. Then a few guys and gals had to swoop in and damage control again.
Imminent, lots of things happening, even more than Elena (dude forget about other things and finish something first),good pour gut feeling.
I hope I eat crow Monday.
Thess I appreciate the optimism. I have been filled with that optimism many times before. I want to be optimistic with the news we have been given, but at the same time every time I was optimistic and things looked good Mexus swift kicked the nuts.
Cable pull
San Felix
Argonaut
MarMar
Vat Leach
So until verified gold sales with real figures not guesstimates are supplied it's just a dream
Lol you actually are going to use the words imminent? Remember last time those were used?
I have an overwhelming feeling this pour whenever it happens is going to underwhelm.
Until Mexus can break the mold it has made for itself that will be how it is measured and judged.
They still have not done anything to warrant any other considerations.
I find it funny how whenever Mexus blows it a certain few always try and come and put out the fires of discontent.
Lol you actually are going to use the words imminent? Remember last time those were used?
I have an overwhelming feeling this pour whenever it happens is going to underwhelm.
Until Mexus can break the mold it has made for itself that will be how it is measured and judged.
They still have not done anything to warrant any other considerations.
I find it funny how whenever Mexus blows it a certain few always try and come and put out the fires of discontent.
The one Mexus is fantastic at is killing all momentum over and over again.
Let's announce a date for production and then just leave everyone in the dark. Perfectly executed unlike how other things have planned out so far.
Exactly just need proof to show they have learned from all the past mistakes. To just brush them under the rug before that is premature. My trust was broken so needs to be earned back with actions not words.
See what next week holds, could be the following for news though of the pour.
Unlikely scenario but whatever.
Combing through all of Mexus official PRs there is actually no mention Roberto is a former Argo guy. All it says is 25yrs experience.
Let's hope this coming week Mexus actually produces and can start earning some trust back.
So why did they go with Mar Mar next instead of stealing the Argo guy?
Not selling yet