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No twitter, I don't have one so couldn't follow along.
The reality is this is a penny stock. If everything you said were to be true, the stock wouldn't be 3 to 4 cents.
Yes, I would love for all the deadlines to be met. I would love for the production to already be where they said it would be. With that being said it hasn't been. So as an investor I have two choices. Sell or be a believer. I choose to be a believer. I have also been vocal in the past that with it being a penny stock I would treat it just like that. I have bought over the course of MANY years. This stock is nothing more than a very expensive trip to the casino. At the casino, I typically lose everything lol. Here that can happen, or I have that chance of hittinng a progressive jackpot. I would still take my odds on MXSG over the casino every day of the week!
I don't disagree...I am a true believer, however every skeptic to this point has every right to be, as it has not been proven that we can produce gold big scale for a profit at this mine.
There will come a point where either the skeptics are right, or they are wrong. Obviously I'm hoping for them to be wrong :)
When you say fix that, that would be an attempt to manipulate the exact answer to the exact question that was asked. Please don't manipulate the factual information provided which is specific to the question asked.Thank you for your additional support and verification which is accurate to state there IS gold in the ground. Question was asked specifically to prove there was gold, and now that answer was provided and followed up by your agreement so thank you.
Argonaut's $500,000 in testing very much shows there is gold in the ground. Everyone is a skeptic both positive and negative on that whole deal, however you asked for one piece of proof and there you go. Have a great weekend!
Tool box really heavy today. Wish full of gold, but still only tools.
Yep!
My first purchase was August of 2012. Didn't invest bill paying money into it, and while it's been 5 years if I have to wait another then so be it. Do I want to see the stock move up, of course. However, all the delays or issues I also understand I have to be patient.
If over the 5 years this company spent the millions of dollars on exploration that other people criticize them for, this company doesn't exist. No way would they be able to make the payments on that type of expense, and they still wouldn't be any closer to having gold. I'm willing to sit back and see where this ends up.
With that being said, I have no qualms with the skeptics. It's a penny stock, you can look at it however you would like. For me, this stock is no different than going to the casino for the weekend with the exception of having that cold drink in my hand! I am still a true believer, however I put no time frame on that belief. Haven't sold a share and won't pre $1.00 Let's hope there comes a time where I can sale a few :)
I think the way the post started just hit a soft spot for longs, who have been here for the unfortunate but to be expected delays. Positioning the question in that manner essentially highlighted almost as if you were skeptical and expecting long delays, although I'm going to assume that was not your intent.
As of right now, the reality is they should be producing gold by next week. I believe the last PR said up and running by today or something like that. Adding a week to be safe, of course could be longer. I would imagine it will be a while before fully functioning, per the last PR it also states 10k and more, so if all goes as planned I don't think they will know exactly what "fully functioning" is until they reach it. Could be 10, 11, 12K who knows. November will be telling based on what happens.
We are either going to get great news this month, and the stock sky rockets, or more time will be needed by Garcia, MarMar, and team and I think that would push it to end of 1st quarter, just my honest opinion. For me, I am sitting and waiting for news anytime this month to truly tell me what's next.
Statement - Followed by question around validity - Silence
Same ol' Same ol' eh!!! We will sit here and wait, once gold pour news come hopefully sometime in 2017, we will see where this goes.
If all the proof is there to find him guilty and fine him, why the presentation? What would he present if it's already a verified, and proved locked and done deal? Hmmmm....
The name of the game is patience.
Agreed with other poster who pointed out, by his statement it's not going to happen overnight. However in agreeing with everyone else, a person with this set of credentials wouldn't even bother wasting his time unless there was huge opportunity. Not sure how it all works, but don't believe will be paid in cash since there is none currently so thinking probably paid in stock? Even more reassuring if that's the case.
It's clear the mine is still moving in the right direction, it's also clear they have had some unforseen isseus which is expected. The great news is we are sooooo close, and this guy has the ability to get us there. Exciting 2018 it will be!
It's the pattern of this stock. I too, am an extremely long. Won't sell a share, true believer "IT" will happen.
But you have some extremely wise investors (whether day traders, or longs) who know the patterns of buying and selling and have made a ton of money doing so. News comes out, the news is always full of hopes and estimates. People get excited, price goes up. Over time, that hope and estimates including timelines pass, and people start selling to grab some profit on it's way down. It finds a comfortable low point and sits in that range until news comes again. I could be completely wrong without looking at a chart but I would say it's safe to say every week for the last few weeks if you bought on Wednesday and sold on Friday you would have made money. I'm not smart enough for that, hence the reason why I just buy and hold lol.
If news comes Monday, price will go up. If news does not come Monday price will drop M - Thur slightly and you will see it level out Friday, again when everyone goes into the holding pattern hoping that next Monday will be the day!
There is no surprise with any action here. The stock will finish the day even or barely in the green/red as minimal action will happen towards the end of the day in hopes that more shares were picked up just in time before that PR everyone is looking for. If Monday comes with production (gold sales) news, price jumps. If there is another Monday with no news, you will continue to see people selling to grab some profit and by the end of next week it will be mid 3's.
Price will continue with minimal drops until news comes out, that's where we are. Nothing new, nothing different. People are clearly at a different point with this stock than they were a few weeks back. I have been here for MANY years, haven't sold any ever but also haven't bought recently. The problem is if you buy and no news comes you missed an opportunity to buy lower. If you wait until the news, well we know what will happen with the price then. Do you feel lucky? Will that news finally come this Monday?
Still a firm believer this will be profitable. People who say otherwise, I can't say is wrong until proven, equally like they can't say this won't be profitable and hit. Here's to great news next week!
If you watched/read #4 you will see the proof by the stone thrower that the mine was in production. Not sure how it's being missed by some uh hum, that a post was made speaking to visitor's to prove the mine was still operating when it shouldn't have been, now post saying it's been shut down for months.
Post 19042 you clearly state that there was an inspection of the property on 9/29 to confirm that MXSG was illegally operating. You yourself attested they are in full operation illegally, and the video proved that. Now you are saying they haven't been operating in two months!
Again, you proved to us with your video last week they were in production :) thanks again for the confirmation!
That would be great, or is it greet? Who knows, either way exited for what's in store. Just wished I owned in the millions like most you, but half a million shares no laughing matter I guess!
15361 MXSG is in default and everyone is going to be kicked out. Yet here we are talking about water, why would it ever have came down to the water because legally he just boots MXSG MONTH'S ago.
Problem with posting all this on MXSG is all of this is here. Everyone can go back and look at all the previous post's and come to their own conclusion. The only good news is typically when you post, there is a positive value PR not too far behind it. Almost like you try to create doubters, never have anything come to fruition, see the price drop and then we see an increase in PPS. Then selling happens. Crazy timing I guess. But then it all happens again. I'm really thinking I need to buy more before week's end!
Post 16628, everyone go back and take a look. States if PT doesn't state xxxx, SEC will take care of him and MXSG. Hmmmm, nothing ever said and yet nothing from SEC 5 months later.
There is a court order for the mine to be shut down, but yet it's been 3 1/2 months and still operating at even more of a pace than it was when the "court order" was issued??? C'mon, lol!!! Also you state how you used PT's words against him in court, if that's the case on 7/31 it was posted for the company that it was operating and purchasing water to continue to operate. Again, two month's pass and yet the mine is still operating? In addition to those if there was said court order, why would the court and "notary" bother sending somebody to the property to look over the property when there is a public document from the company itself stating they are fully operating!!! You see why nobody buys the nonsense. To make it easier I will bullet point:
*If it was legit you would have shared the document in June, not 3 1/2 months later
*Company made public statement on 7/31 about being fully operating, long after this June date. Why would one have to physically go to the property to prove they are still functioning when the company made it public in a written statement 2 months earlier which was still 1 1/2 months after the "court order" to stop work.
I know everyone keeps saying why not just post pictures or announce the gold sold. I am a long, and have had those thoughts as well.
However, on the flip side I have hope that PT is just being very strategic and helping ensure the "75%" have the best opportunity to grow their portfolio at the best prices. If I'm PT, to be honest I don't give a crud about the day traders, the ones looking to make a quick profit. I also don't give a crud about the naysayers, who continually bash the company and decisions. What I do care about is the individuals who have given faith to the process, while may not have liked, have accepted the delays and over promising and under delivering with time frames. I also know that with a small announcement I will make a few people happy however with a big announcement I will make the same people happy PLUS reward the ones who continued with the faith and kept buying, and now created a buzz that will push this stock to the next level. I'm not PT, however my next announcement would not only be factual and show the sale of gold, but it would be at a very clear level where not only is all debt paid, but people can no longer wonder and ponder what's there, they have a big enough sample to realize money is coming. If you don't believe, you either don't buy or try to play the game. If you do believe, you buy when you think it's at bottom, some taking some money back by selling at the right time, but ultimately having a large enough chunk of shares to be life changing. I still believe, and I believe PT while making decisions people might not care for now, will positively impact all those longs for the better.
Let's face it, with the amount of shares he has why would he go through that whole process of taking out loans, etc to get by. I can see an issue if he's selling a big stake of what he owns, but he's not. So what if he sells at a lower price today, what other money is he making? Pretty sure I seen he can take 15k or stock as pay, and he takes stock right? That's like criticizing a Powerball winner for taking the lump sum instead of the annual payments knowing they left all that money on the table!
When I see the post's about the 75% group, to be honest I wonder if I'm one of them. How many said shares must one own to be considered a part of that group?:)
To be clear, I was extremely hopeful for a press release today and like most first business days of the week lately disappointed to think another week with no news. If I drop a few K at the casino over the weekend or investing in a stock, what's the difference? The difference is with stock I sit drinking coffee and casino it's beer or Margaritas! My odds are definitely a LOT higher of hitting big this way. Let's hope for great numbers in the near future, but nothing in life is certain and calculated risk or gambles can pay off big at times.
Just like you assume it wasn't paid. By your very own words, the assumption of paid is better than the assumption of not paid. You stated if they missed the payment, changed terms, etc. that should be reported. There was no report so to assume one way or the other I believe again you stated which way would be the better way to go for assumptions.
Did you guys see that press release where Wells Fargo paid their arranged, and agree upon lease payment for their branch location, store number 189? Nope, pretty sure I don't see any company out there making statements right away about every payment they make when it's a part of doing "business". Everyone complains about them making statements, now we are calling out from the roof tops asking for them to make an official statement about paying a payment? If I'm them, not another word comes from my mouth officially until there is a $ of sold gold behind it!
Only two gold mines I own, this one and MXSG. I'm new here, hoping for some great things!
How Time Flies...
Was looking at the transactions, my first buy was August of 2012! I guess that would make me a long? :) Let's hope at some point in the very near future all of my buys with this stock show GREEN! Happy I was at least smart enough to buy down to overall in the GREEN, but 9 buys were not the smartest. If only I had a crystal ball, and I'm definitely not even remotely close to a professional trader. Will continue on this ride, hoping for some great news in the near future. Good Luck to all, well actually only the ones betting on and not against MXSG!
I really wish you would just tell us how you really feel! LOL
I hope one day can say you were wrong, for now I just wait :)
When we talk about a "pour" and true results, usually how does it work or what is the time frame. You pull the material, process it. Then what. It's stored, and then shipped? We are about a month out from the last PR where it stated they have pretty much figured it all out. I also understand it's a ramp up process. Just curious if we get a pour in August or possibly later? Thanks!
When the dust settles I am willing to bet (just like I have on this stock) that everyone with all the different opinions will be able to lay claim to being right.
The company not being completely to the level of producing gold or overcoming the hurdles in the timely fashion as stated becomes truth. There have been some delays which are likely a result of all the "testing" not being done. Individuals who have had their "opinions" verified by facts (ex: 5 cents).
The other side saying gold is in there and there is a profit to be made will come true, just going to take a lot more time then expected. The naysayers keep throwing information in the faces of the longs, which they have the full ability to do because they haven't been proven wrong. However a time will come where that will change. Results will come out and profits will be made, how much is anyone's guess. It's pure speculation by many on why Argo pulled out, but the reality there is it's stated the reason so anything contrary is the same people throwing stones about facts and data are using opinion over the very same.
The only questions left to be answered is when and how much gold will come out of those grounds. When it does, hopefully then and finally then this board will no longer be an Us against Them, and be more about the future of the company and where it will go. Good luck to all, and even the extreme naysayers I hope with the time spent on this board you at least have a small stake to pay for your valuable time along the way!
MXSG was a penny, now it's 8 cents. Glass half full!!!
Claimed to have drone pics, that only helped the cause. Claimed to have papers from court saying they were in default, posted and it was debunked. Now you claim to have more "proof" of stuff but won't show yet lol. Spade is a spade, game over!!! MXSG moving in the right direction, hope you have been buying.
That explains it all. This whole time I had to question what was being said, didn't make any sense. Now it makes complete sense, you have been following NXSG this whole time. FYI that stock isn't around anymore, but search hard maybe you can find their board to talk in? Glad to know MXSG is safe, but I will definitely take the advice you have given and not invest in NXSG. Thanks!
Deep dish and scoop, yes please! Hold the cheese...
Been around many years, don't have nearly what others, but have enough to make me a happy man when we get there. Hopeful one day will have a chance to meet many of the posters here, as they are the reason I became a long. Live in AZ, so when that meeting happens, I'll be there.
It's clear both MXSG and Mar Mar have legal teams and experience. Mar Mar is not about to put the time, money, and effort in to building this mine without knowing they have a legal right to be there. In addition why would MXSG make any type of payment and give away money if it's for nothing? Last, not sure how big business works so I could be wrong but acceptance of any form of payment be lessor typically means lessee has right to property and to remain. Go try to evict a tenant and accept payment, that changes the game. If bitter people want to do whats right by their family since greed is present they should buy MXSG sit back and wait to cash the check.
I missed the part where the PR said he wasn't aware, or just found out. It clearly states it's for Ag use only and clearly states it wouldn't provide enough water even if could use. I would assume he has always been aware of it and would cross that bridge if it became an issue. I get concern of not having water but lets stick to the facts and not start twisting facts into stories or personal perceptions. Again I could be wrong, please post the part that stated he said he wasn't aware prior to today, or last week even. Thanks.
Mexus Gold Us (QB) (MXSG)
0.123 + 0.0005 (0.41%)
Yeah not sure what's wrong with this stock...was less than 2 cents now only 12 to 13 cents, lousy returns. (Wink) i sure hope it doesn't ONLY grow at 600% every few months! not sure if I could continue to hold with those sub par results.
Groundhogs day over and over again. If you say something enough times, someone will start to believe it right? 50 posts saying the same thing doesn't change what we have in front of us. Everyone is aware there are variables. Everyone is aware that while maybe not orthodox the approach they are using could be substantially better than the more traditional approach. Everyone should be aware that when you invest in a penny stock treat it as nothing more than the casino fun money hoping to hit the big one. Question remains, what gold is in the ground and what is the cost to get it out. Everyone who is IN, are aware those are questions remaining to be answered. To date no one has PROVEN this won't be profitable or the numbers aren't accurate as much as anyone has PROVEN they are. All a mute point until true numbers start to come in.
Ok so what you say which is opposite of what was said is a true translation and not fraudulent but what MXSG says which isn't customary to normal processes but hasn't been proven to be wrong is fraudulent...got it!
Show me where Argo has announced what you said to be true, not what they originally said or by your definition I will file you away in the fraudulent file. I don't believe in double standards to favor one's position.
With fraudulent being used so often around here, would this also be considered fraudulent: You state "Nope. The Argo drilling showed very little potential for a bulk minable target. That's what they drilled for, and that's what most explorers are looking for. They didn't find it - so, they left."
It's clear by the release below that what you are stating to be the reason for them leaving in fact is not what has been stated. So stating they left because the results weren't there when they said complete opposite, isn't that fraudulent???
CARSON CITY, Nev., December 4th, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG)(“Mexus” or the “Company”) announced today that Argonaut Gold notified the company that it will not exercise their option at the Julio/Santa Elena property. Argonaut explained that the uncertainty with the price of gold is challenging exploration budgets. This, along with the obligations of $5,000,000 in drilling and mapping, $950,000 payable to Mexus to continue the JV, and a 20% fully carried contract were all factors in their decision . To date it is estimated that Argonaut has spent upwards of $500,000 in drilling, mapping and other associated costs.They also added that in better economic times the company would have exercised the JV option.
I've never operated a mine, so maybe I'm way off base. However this is the logic I use, tell me where it's flawed (again, could be, I'm not a professional miner)
Big mining companies as you have stated multiple times take a decade of drilling and Millions of dollars to determine if there is money to be made. Obviously that process starts with small testing, and continue that small testing until you determine production is the right path to take once you have data and studies to prove within reason what's in the ground.
My logic states Argo spent 500K on testing. The information gathered in that small sample size along with some additional factors I'm sure has given them enough information to know there very well could be the figured to which they have stated. Instead of taking 10 years and 5 million dollars worth of testing to tell you for sure what's in the ground you take 10 months, and put that 5 million dollars into getting the operations up and running to start producing.
Maybe I'm way off base, but it sounds to me like the cost to get into production would be similar to the MILLIONS of dollars of studies and testing you say they should be doing. At the end of the day one process you spend 10 months, the other 10 years. Both will cost Millions of dollars and both can have the end result of no money being made. Is this incorrect?