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And if there is no MEXUS PR Monday, what does that tell you ? Means someone is blowing smoke...again ?
"a little better than two weeks at 6 oz. per day = 30-40 ozs. already announce.
WRONG ..... no announcement, just babble from a post and coming from a source that totally lacks credibility in the person of Thompson.
Really happy that I’m just an observer to this train wreck. It cannot be easy to sit and watch how money has been mismanaged and squandered in such a useless manner. I thought a class action was called for a long time ago. Whether lost funds can/would be even partially returned is problematic at this point. To see that Thompson and his cronies called to account would be the only reason to press the action now IMHO
If a conversation took place as reported, it would appear that he has outed Thompson and/or incriminated himself. It would be a major misjudgment for Thompson to make the purported remarks but then this is not the first time it has occurred.
The next week or so should be very revealing. I will be very surprised if Thompson walks away without repercussions. Also surprised if Mexus can survive the storm(s) to ensue.
OMG here comes another flurry of posts, usually sequentially. Thought we were were good until 2/10/2020 but no such luck
MXSG forever
The CEO down in the dumps ? A simple phone call might cheer him up. Tell him how many shares you own. LOL
Better use spellcheck bubba C-R-E-T-I-N
Big old Bubba be back. Gonna take control of SLJB and merge it into his minority owned POS. LOL
Even calculated the percentage of the note that was disposed of.....absolutely clairvoyant.
I wish I had the acumen to do that and also predict the PPS going forward. It's an amazing gift.
Well, maybe I do have some ability to foretell the future because I see MXSG going to the trips....soon.
A third of that convertible is done.
What does that mean ..... someone, anyone ? Done how ? Guess it makes as much sense as Talley, whatever that is.
It could also be that evil,dastardly,powerful,clandestine Conspiracy Cabal. You know, the one that has been plotting the destruction of Mexus quite some time now.
Great news Monday = great buying opportunity. So word of great news leaks out and there is a 22% sell off.
Wait a minute...you're trying to trick me, right ?
Something is going on ! LOL
What happened to ......
As said before MXSG .01+ Quickly!
MXSG .03+ by April! Gold $1650+ by April 2020!
Optimism is a wonderful thing when warranted but after five years of
intense DD, items such as those pointed out in post 35134 appear to have eluded scrutiny
If you thinks that's funny wait until the trips.
"But then again manipulation to drop PPS or even put the company out of business seems to be taking place." What dark conspiracy forces are at work to drop the PPS and why is it you feel some are trying to destroy Mexus ? You don't think they're doing a reasonable facsimile of it themselves ?
If Mexus was worth a damn, the market in general would come to its' rescue, See that happening ?
Thank you for drawing attention to what occurs when there is no painting at the end of the trading session. -18%
Gotta love it when the opposition makes your point.
What would you estimate the cost of continuing operations would be ? In the neighborhood of what past operations have cost ? 3 million + or minus a couple hundred thousand ? How many ozs. of gold and silver does that represent ? Think the hobby operation is up to the task ?
Nostradamus and the quatrains cannot compare to today's MXSG psychic who can predict the advancing PPS month by month as well as the spot price of gold, almost on a daily basis. What an astonishing gift. Warren Buffet would do well to heed advice from this prophet.
Thinkin' bout MXSG
I could while away the hours, conferrin' with the flowers
and doin my DD
And my head I'd be scratchin' while
my plans were busy hatchin'
If I only had a brain.
I'd unravel every riddle for any individ'le,
In trouble or in pain.
With the thoughts I'd be thinkin'
Where my savings I should be sinkin
If I only had a brain.
Oh, I could tell you why there's no gold
And that's why none's been sold
And then I'd sit, and think some more.
And wish there would be some dore
I would not be just a nuffin'
my head all full of stuffin'
If I only had a brain.
Whoa, you're right.
SEC Form 13F is a quarterly report that is filed by institutional investment managers with at least $100 million in equity assets under management.
So much for Institutional investors in MXSG
13F by Sandhill Capital Partners is just the start!
Wow...Sandhill Capital Partners has a whopping total of 35,500 shares of MXSG valued at zero. That must constitute a HUGE holding in their portfolio.
Cannot believe that anyone pointed this out as a positive but considering the source, it makes sense.
Is a Talley a special Mexus term for announcing the results from the 100% recovery effort ?
100% efficiency....if only other gold mining operations were so effective.
Mexus dreams and schemes. The never ending story.
Submarine Telecoms Forum Logo
By Mexus
The Mexus tug and barge arrived in Washington State on October 31, 2011. Our sales representative, Power Com, has potential purchasers evaluating the cable and preparing bids at this time. The cable pulling equipment operated very well and above expectations, however, there were external problems which limited our capability to properly salvage a large volume of cable. The weather and sea conditions were the largest challenge to conducting efficient salvage operations. Based on the knowledge and information acquired through this initial salvage effort the determination has been made to purchase a ship with a carrying capacity of approximately 1.5 million pounds and operate at greater depths in open water under adverse weather conditions. The target submarine cable is approximately 30 pounds per foot, therefore, storage requirements will require a ship of this magnitude for recovery of the target cable. Mexus has already replaced its smaller survey boat with a 42' former US Coast Guard vessel powered by twin Cummins engines which is capable of operating in open water and conducting survey data acquisition to 1000 feet in depth. This vessel will be working offshore Washington and Oregon coasts later this year to survey and identify our larger and more profitable targets.
November 4th, 2011
And we all know how THAT worked out.
And where would MXSG be without the boys and girls with their buckets of paint ?
At .0009 no doubt.
For a stock that’s about to go hypersonic to .01 very soon, Mexus sure is acting peculiar. Following it for 5 years and performing massive amounts of DD doesn’t appear to have made much difference, it’s languishing down where the other halffast sub penny stocks are.
Have you been monitoring this GREAT penny scam since 2006 ? Did you write fan mail to Black Pete while he was in prison ?
This has truly been a spectacular performer. Keep watching....this one is liable to erupt any year now. ROFLMAO
By definition, full circle would mean returning to Alaska and attempting to dredge up cable again. He didn't succeed last time, in fact I can't find anywhere that he did succeed except maybe the mobile home park and the replica stamp mill. He was far better off playing host to his cronies letting them play prospector, drinking cervezas and chasing local senoritas. But his dream was to supplement his retirement funds and he HAS succeeded in doing that with the help of investor's hard earned money.
The entire (stated) premise of MXSG was to shortcut the normal process accepted by every other legitimate miner and operate w/o benefit of a cost/benefit analysis and the result is readily obvious. Whether through ignorance or design, MXSG has turned into a CEO,CFO,COO,Secretary,chief strategist and disaster designer self enrichment program. Thompson alone is to blame.
Not to worry. As soon as mining engineer Thompson moves the operation to take advantage of that "high yield vein" things will change. Up 'til now, the assessment of which "high value" site to mine has been problematic but now, with the knowledge that there are hundreds of thousands of tons of high yield bonanza "vein" material to process, prosperity is just around the corner. The Lucky Strike was just a test run. You KNOW how rich the vein is because of all of the mansions built by the locals who have been mining the vein for years. Just look at how prosperous the "ancients" were. I can personally attest to this after visiting the rico barrios in Hermosillo, Mexico.
On the other hand, maybe it's time for Thompson to entertain some of those "millions of dollars" buyout offers.
Changing the perception of a junk stock to a valued security with a $80 buy ? That's funny...and a waste of $80
The great Mexus story telling machine.... sometimes the location changes but not the basic premise.
.........................................................................
So back to San Felix and the fictitious $500,000 yield every 12 - 14 days ?
"Decision was Elena was the more valuable so Felix was sold for contracted $4,000,000. POG dropped like a rock and the debt was not paid causing Felix to revert to Mexus we really did not desire. Now sits in limbo." >>> Source, the Texas Oracle
BUT, as was pointed out it this post…
Not buying that line of B.S. No way a company with no other income source sells an operating mine generating $500,000 every 12 - 14 days (sold on contract no less) and places the company's future solely on an unproven, under researched, undeveloped claim.
Even if everyone thought Elena was the more valuable claim they wouldn't give up a source of revenue for a "contract purchase". The company would have needed (and still needs) cash.
San Felix was never generating $500,000 every 12-14 days. Two factual reasons that support that theory;
1. The income never hit the financials (even if it had been embezzled the company would need to show the income and then write-off the loss.)
2. There would be no need to sell a revenue generating entity. If San Felix was generating that kind of cash there would be no reason for an "either/or" scenario between Elena and Felix. The fact that there was an either or decision means Felix wasn't producing what was being claimed.
3. An entity generating 12 million a year of revenue would never get sold for $4,000,000 on contract purchase. Two issues with this. First, the valuation is completely off. Second, there would be some kind of immediate cash commitment and/or revenue sharing. After all the reason Mexus needed to sell Felix was to raise cash to build out Elana.
Elena never made the amounts that was (and still is) being claimed.
Why would Thompson change the formula now ? Why change something that has worked over and over....wash, rinse, repeat ?
Why would anyone repeatedly buy this fantasy ? Reminds me of a guy standing on the street corner. He opens his coat and there hang a bunch of gold plated watches with $10 price tags. Who could possibly resist a bargain like that ?
I know this because the CEO said so ? what a bunch of nonsense. CEO's and particularly the one in question, make a habit of overstating, obfuscating and in Thompson's case, lying.
Virtually everything that has come from his mouth is fabricated, an ill intentioned mistruth from the cost of recovery ($437/oz.) to his 3 oz./day recovery proclamation....soon to be 8 oz. a day after the implementation of 24 hour operations. So here is this aged, overpaid co-owner of a replica stamp mill sucking $15,000/mo + stock and people sit there and put up with it. And he's been pulling this BS for ten years ? He's walked away with way over 2 million in wages and stock plus all he can steal. That's Unfreaking believable.
Want to her something hilarious ? Listen to the sonorous though faltering voice of Paul Thompson who gets "excited" with each and every PR.
If you missed a Mexus PR or some obscure fabrication uttered by Thompson, I think I've found a resource that can be referred to. Every attempt at deceit, every PR designed to deflect and misdirect can be quoted word for word by this resource and will, at the drop of a hat, post it even without being asked.
"expects this initial leaching to produce 100 Oz. of gold....”
This was what was stated by our CEO Paul Thompson on November 12, 2019
The meteoric rise to .01+ seems to have stalled. In fact, just maintaining its' .00 status seems to be tenuous.
There is little question that the price of gold is escalating. The uncertainty of world affairs and the state of the world economy are the contributing causes. REAL gold producers will profit from the increased valuation. Mexus will not.
The upside of there being no PR released for weeks....look at all of the money they're saving.
It will be an even greater cost saving move to turn off the lights and throw the main.
It's nifty being thrifty.
Real chutzpah is required to post napkin math figures and ridiculous MXSG production projections..... or maybe Monday the hobbyist will post something to substantiate all of the nutso posts. How long has it been now since the new cyclonic MC machine began turning out multiple ounces of gold and still no word as to the productivity?
I was going to submit numbers but I ran out of napkins and my calculator doesn't go that high. I'm certain those who are waiting for "good numbers" shall be amply rewarded.
"A 24 hour operation with 8 ounces a day. Over $365,000 a month at current $1522 an ounce. Over 12 months 4.3 million dollars. That is just for starters."
WOWSER
Absolutely no need for anyone to "step up" according to napkin mathematics, Mexus has it covered. The new cyclonic MC machine will process enough gold that loans are a thing of the past. The science of extrapolation reveals not only will MXSG become profitable by years end but within two years it will have paid back all of the 30 million expended making it a true phenomenon.
All that was needed was to believe in and follow that wondrous trend line....and the expertise of the hobby miner.
Most supportive Mexus posts are innocuous enough, written by those who genuinely felt that the effort was in good faith and found that they had been criminally misled.
What particularly distresses me are the CAPITALIZED grandiloquent attempts to extol the virtues of the charade and those who have perpetrated it. All written with fatuous pomposity.
I thought of "DEPRAVITY" but it's not comprehensive enough. It doesn't really describe MEXUS as well as sordid. It's difficult to describe the depths of sleaziness inherent to Mexus in just one word but SORDID comes close.
Think now of a single word to describe those who not only support but praise Mexus. Sordidites ? We need to petition Webster to add to the english lexicon.
I would be hard put to come up with a single word that better describes
Mexus.
Congratulations. The fact that you have come to the point that you understand that you've been victimized by the hobby miner is a great leap forward and one that many others have yet to realize.
Hope you have a better 2020.