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So will the website be up by tomorrow or will we start off looking like a disorganized company to any new argonaut investors that decide to look us up?
I know I am guilty of it and by the looks of it alot of other investors are also where we are checking the stock daily, the boards daily ect... This just makes waiting that much worse. A watched pot never boils they say. Mexus has played it's card right with Argonaut. We have a ZERO capex mine eventually coming inline. We literally do not need to work or spend a cent for this money once it comes. The only drawback to it is we are now on someone elses timeline. I would much rather be on there timeline to have in exchange their bank account, connections, and infrastructure they have that can get the mine running fast when they say go.
The soft announcement was because Argonaut did not want it announced yet. They are going to be in control of prs from here on out concerning the ranch.
Appreciated 8. Sounds like a giant mess. I do hope argonaut gets excited and motivated as they start investing otherwise we need another revenue stream in the mean time
I'm still confused on the whole San Felix deal. So if First Pursuit failed with the payments we take back our 50% per the agreement. Is SP still on the property? Have we failed to remove them? During the past year did atzek start mining again there or is it an abandoned mine again? Since it looks like it will be a slow development with Argonaut it would be nice to produce from this possibly . Just talking out loud
As always TM great sound advice and a level head. Thank you for your continued knowledge and influence on the board.
I expect some good drill results to be released at the cc to wow the shareholders on the new JV
I figured it probably had something to do on Argonauts side. I love the fact we will be piggy backing Argonauts analysts and PR team. Here's to drill results not seen by mining world in awhile
Wonder why they don't mention Argonaut by name in the PR?
Placer I don't really care anymore about. It was there to pay bills nothing more. We basically have shares in Argonaut who has the team and bank account to put this to production fast.
It looks like Mexus is going to go the route of buying land, finding gold, then teaming up with a larger company to actually mine. I totally cool with that. Just collect those royalty checks
That's a swell partner to have digging holes with. This should make everything infinitely easier for Paul to fully realize the property. Good things always happen when I go on vacation it seems.
Argonaut released same on yahoo under their ticker
Very true 8. I know it takes time. Been waiting the 5 years since original cable recovery idea.
Definitely taking their sweet time on this deal. Every morning is like Christmas, come running down the stairs but no presents under the tree.
Great Post TM. I was hoping you would chime in at some point. That was a fantastic analysis. I have not sold a share and am waiting it out just need to vent sometimes. As you said the upside is much more than the downside at this point. I am at the show me state. Words are just that at this point.
We shall see. Salute to you 8 on the 4th for serving this country. To all be safe this weekend and dig into some BBQ
Hang in there 8 it is about the only thing we can do. I know you were a champion for Paul to the end. Many of us have given up on him long ago. Too many bad deals that have wasted all of our money. I have fingers crossed he finally gets lucky because that is all it would be. He should have taken the fresnillo deal in my eyes. It would have brought a flood of new investors to the stock. Now if we get this private deal we still now need to make a name for ourselves which takes even more time.
I did the worst thing you can do with a stock and got emotionally attached to it. Now it just feels like a kick in the nuts
Hope you can still hear the sound Kaching!! Once we get pulling gold.
Almost 3weeks since Dents letter. Are we any closer to sealing the deal and moving forward?
At this point I expect to be disappointed and hope to be surprised.
I would really like some good news this week. I hope Paul practised his autograph this weekend.
Thanks 8. From one of your blogs you said Paul wanted to meet up with you to sorta precelebrate a good offer. So we are probably waiting for lawyers to comb over and then sign correct?
Sorry about your wife. Talk about going from highs to lows.guess she is cashing in the next few months of her taking care of you for you to take care of her
Deals don't happen overnight
Good to see if we finally locked down a partner. Im ready to start pulling some gold and getting this shareprice back up. Happy Anny to you 8 and your lovely wife.
Well if it wasn't a legit deal then its definitely stealing if gold was removed from the property. So I wonder if Atzek had people there while fsp was there and could enlighten Paul on what was going on
In regards to the Silver Pursuit fiasco. What I would like to know is over the last year that they occupied the San Felix mine did they mine any gold? If so what did they do with it? If they did they essentially had a year to steal unknown amounts of gold from us as I am sure court costs to reclaim will be high and drawn out. Have they even been removed from the property? So many questions so little direct answers.
I hope we all win the real life contest with Nexus. My avg is about .13 was unsure of avg down anymore the way it had been going.
Just like the deal with Fresnillo, then the pay up for San Felix. It just is the next thing to try and hang our hope on. I would just forget about it. Get the placer up to full capacity and maybe sign this contractor and mining some real gold
It all depends if the placer is running at capacity. If it is it will be a slow go but should follow the time line posted on Mexus website. I am not going to count on any JV because PT is now 0-3 possibly 0-4 on making deals.
My first purchase was back in 2010. We were promised quicker startup than most mines. Looks like we will be 2017 and 7 years like most. Just show me some money
So you buy on the 10th and sold 15th?
Don't take this the wrong way but you have the dumbest reason for why this is dropping. No one is selling 4k dollars worth of shares to pay uncle Sam. Its going down for the same reason it has for the last 2 years. Missed opportunities, bad deals, and no one really knowing wtf Paul is taking this company
Really? You are calling Mexus the comeback kid? When it hits at least .20 then we can start calling it the comeback kid
I think most have stepped up already Belgie. Its time for Mexus to step up.
You can tell everyone is waiting holding their breath now waiting to find out what is happening with this company. Wonder what became of yesterdays meeting
Or over mexus market cap by 2 million lol
Placer is up to 90% capacity. It does not say though if that is 90% of the 600tpd or less.
http://finance.yahoo.com/news/mexus-gold-us-company-103100286.html
No other news really that we didn't already figure out. I hope a JV comes quickly now and that underground miner is signed w/ their blast permit and get working in short order
No offense but this is becoming the norm around here with our deals. I hope this matter gets settled asap.
Detective Belgie on the case. I get the feeling silver pursuit is just a shell company
This one 8 http://finance.yahoo.com/news/mexus-gold-us-placer-blasting-120000805.html
The last couple sentences
True just the PR in beginning of March said we expected funding by end of March. Hope the JV does develop now in the next month
Looks like no check for us. Gotta say I'm disappointed in that Paul was pretty confident. We shall see how this plays out.