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I wonder if CTDT has given thought to prospecting for pearls. After all,
Arizona was covered by a shallow sea during the Cambrian period of the Paleozoic era. Brachiopods, trilobites and other contemporary marine life of Arizona left behind remains in the western region of the state. ... Deposition resumed during the Devonian when Arizona was once more submerged by the sea. So maybe giant pearl bearing oysters. Never know, an outfit that can find rubies and emeralds and sapphires in the Arizona desert .....
Can anyone advise me how to contact Deb or Paul or any one of the three "B's" or Bucky Dent ? Berk and Bogard just have phone numbers listed. I do not have the ability to place a call from my location but I DO have some questions that if answered will enable me to post something other than my opinion. I will be able to post THEIR opinion ....much more valuable to accumulators. Of course I reserve the right to comment on THEIR opinions.
I have received no response from queries sent to Thompson's email address or the investor relations e mail address. MXSG not very friendly to those other than known investors. Now why is that ?
Perhaps an effort should be made to post archival MXSG videos on Youtube to give a broader audience the opportunity to become acquainted with the wonders of the massive effort going on. After all, with the "facts" that are possessed by the "accumulators" it is almost criminal that they are not shared with the public at large. Give everyone an equal opportunity to benefit from dedicated due diligence. LMAO
My boots on the ground source was correct, but sorry that yours’ wasn’t!"
What a totally obtuse observation ! Sounds similar to an erroneous opinion.
Don’t forget the photo of their “gold and silver product” flagrantly displayed on the Mexus website. They say a picture is worth a thousand words ..... that may hold true when dealing with people of integrity. It certainly is not the case here. “Believe nothing you hear and half that you see,” except in the case of Mexus where nothing can be believed.
I will believe proof of production when I see a bill of lading to a refiner and a receipt of sales of that product and a 10K with revenue figures.
That's the ingenious part of this scheme. They can claim to have recovered
a thousand ounces. As long as it's not reported as income, who's going to call them on it....certainly not the bag er shareholders. They will be jubilant with whatever numbers Mexus cares to publish.
In the meantime, more shares sold, and there is always the bonus of the Misc. expenses category.
Just drawing attention to post 29967 which remains posted where the definition of "production" is skewed to mean "when the solution flows to the pond".
That's a good bit of opinion itself. Opinions abound, as does an abundance of misinformation.
Merriam-Webster and Oxford apparently missed that definition.
Mexus redefines "production" as "solution flow to the pond".
No need to produce anything.....merely attempting to recover gold is in itself "production".
It now becomes clear why the term is constantly misapplied to MXSG. No basic understanding of the term.
Ref post 29958
Here's a conundrum for you as stated, "ever see a Mexus site picture, gold and silver ingots "?
Well yes I have. What I haven't seen is a 10K report showing revenue that would reflect the sale of those ingots. Now why is that ? Is Thompson lying to shareholders, pocketing money from the sale of gold and silver AND cheating the U.S. government by not paying taxes ?
Or, are the photos phony intended to deceive unwary investors ?
Truly a CON undrum !
Difficult to say. The only way to be certain is for one to call the company. Then one can be assured that one’s answer will be truthful and honest and aboveboard. One knows this as a proven fact.
Well, he will have a fully equipped lab to work with. You know, beakers, flasks, petrie dishes, a bunsen burner, maybe even a Radio Shack spectrometer to determine the quality of the bounty.
MXSG spares no expense. LOL
Mexus has no definitive answer to that question. Instead they point out that all funding is directed toward the Elena project. Ures was yet another deceptive deflective scheme to distract from the Elena disaster. Roberto Garcia, expert metallurgist was not able to extract gold from that muck but maybe Hernandez, expert chemist will have better luck on the next go round.
But you see I did at one time own shares in a fantasy Mexican gold mine. In a moment of weakness and confusion I thought there might be some truth in statements made by a "mining veteran". Then I did what so many others apparently did not and looked more thoroughly at the situation. It was then I decided that it was yet another self enriching penny scheme perpetrated by a fantasy driven CEO and his inner circle.
I must admit I erred but I rectified the error by selling my shares and swore that I would point out the glaring discrepancies that I overlooked at first so that others might benefit from my lapse of judgment.
Also note I am 11 time zones from Caborca ..... my error
Quoting a "source" when posting an opinion ? What kind of nonsense is that ? Looking back over my posts to improve my recall, I have not posted anything that requires a url or link to a comment I have made. My posts consist almost entirely of opinions ......and everyone has the right to do that, correct ?
As to visiting the site, that's a bit of a stretch for me since I live in a time zone 14 hours removed from Caborca. As for making phone calls.....listening to the same old crapola that is dispensed online holds no attraction
To be true to ones self, one should express one's opinion honestly that one may hold one's head high when one is criticised, shouldn't one ?
That is a few ONE too many !
Of course no revenue was ever realized from the "new" project(s) but it DID divert attention away from the last failure
Story telling is the one area where Thompson excels. For each failure an excuse must be devised and a new operation must be proposed. Thompson has
indicated there are holes all over the place so when one is abandoned you just go to the next hole. Known as the infinite hole stratagem, he can string it out forever or at least until they run out of holes. Remember Felix was yielding $500,000 every 12 - 14 days back in 2012.
And that was just working the tailings. Think what there would be if they REALLY worked it.
So many holes so many stories, hard to keep up.
Picture the MXSG boys at the diggings setting around the old campfire at night. The last act of the evening, the card cut.....low man loses, to determine who answers the phone calls from the losers er investors the next day. Generally, the calls are ok with the exception of the one who cannot resist asking about nonexistent production, the geology, the security, the
weather and other assorted minutiae. Consensus is the inane questions are bad enough but listening to that voice is kinda like listening to fingernails scraping a blackboard.
Down almost 15% on the chemist news. Surprising reaction or just another day of unfulfilled hopes.
Champagne wishes and caviar dreams but flat beer and salmon eggs reality.
A rather facile explanation/excuse which may have applied to Elena but certainly not Ures. When problems were encountered with the VAT system, rather than bring a chemist in who may have provided answers, the project was essentially abandoned. Another exercise in futility for which Thompson has become rather infamous. Or is the REAL answer the fact that it was realized there wasn't enough gold to make the effort worthwhile ?
That is a great development. I don’t understand why it wasn’t done quite a while ago when they encountered problems with the first Elena leach process and then the Ures VAT extraction process. At that time it was explained away as being a chemical problem. Now perhaps the only excuse will be a natural paucity of AU. It’s getting close to the “show me the money” time.
December 13, 2018 03:01 ET | Source: Mexus Gold US
CABORCA, Mexico, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) is proud to announce they have received positive assays results from the first 3 of the 9 drill holes at their Santa Elena mine.
Mexus President Paul Thompson stated, “The first batch of 75 samples have been received with positive results. We are expecting additional assays prior to the end of the year. Batches 2, 3 and 4 are expected to be completed in six to seven weeks at which time Mexus experts can complete a gold/silver resource valuation.
Has anyone seen the resource valuation ? It really is a mystery what happens to all the reports.... valuations, 3D models.
Also wery wevealing
Both It took Kim Jong - Un to come up with the perfect descriptive word for the Mexus CEO. Dotard. It certainly was not in my vocabulary but what word better describes Thompson’s inability to make logical decisions ? One misstep after another followed by or perhaps preceded by lies. To top it off, he isn’t even a good liar. No redeeming qualities that are evident.
One should attempt to contain one's anxiety before one suffers that irrationality mentioned previously.
BTW there HAS BEEN NO PRODUCTION as of this date. Once again, look at the definition of production. It appears to be elusive.
de
finition of
Once drilling is done, a geological 3D is completed showing each drill hole with grams/AU at each deep.<<Think you intended "depth"
The initial drilling was completed a while ago. Have you seen the 3D results ? Can you think why ? I remember the graphics were commissioned with the drilling.
Much more lucrative for Mexus than gold. The name El Loco Pollo has been
taken already. How about Paul's Plucked Poultry Cocina ? That way,
investors could really identify.
Koolaid drink free. In fact, all the koolaid you can drink...gratis.
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About that 8.2 ozs. Either it never existed or, as you said, it was made
into medallions and awarded to the ACCUMULATORS. Why ruin a perfect record of zero revenue for 9 years ? And yet the MXSG apologists utter not a word
other than to post silly Little Engine That Could in homily like fashion. Come to think of it Mexus is kinda like a pseudo religious cult with their own preacher ministering ..... Jonestown ?
That's a bit harsh. Indications are that Mexus is attempting to produce gold. The question is and has always been 1.is it economically feasible to mine and 2. whether Mexus has the expertise and the funding to sustain operations. Undoubtedly there is gold present. Enough to warrant an amateur effort ? Guess we will find out. Legitimate ? Using OPM to play miner ? Not a class act.
One must understand the term “fundamentals” if one is to profit. One should not base their investment on “blue sky” or the promise of things to come from those who have consistently lied to shareholders in the past, should one ?
How/why does the term “irrational exhuberance” apply to Mexus ? The term describes the action of those willing to value a stock beyond levels that are not supported by fundamentals. In the case of MXSG fhat would be .0001
Not nearly as insightful or valuable as the exaltations lauding Mexus and its’ “accomplishments”. The “inspirationals” when accompanied by the Battle Hymn of the Republic are truly moving. Pfft
Mexus really DOES need an expert chemist. Preferably one that has experience transforming el toro caca into
AU.
Ode to the accumulator
I gave them my money
thought my reasoning was sound
but what I ended up with
was a lot of holes in the ground
They promised they'd produce
Didn't believe they'd lie
But that's what they did
and left me high and dry
So here's to victims everywhere
Beware the hobbyist miner
I can show you my empty bank account
just as a reminder
It looks as though we're being inundated with definitions and benefits of blasting and 3D modelling. Wow, bringing Wikipedia to the board ...... saves me so much trouble. Who knew we had researchers on board ? Maybe next they can cite the difference between resource vs reserve.
One person cheer leading squad. GOOOOOOOOO ITRO.
The nonsense post I most enjoyed was where someone said the ITRO could not be replicated. Yeah, those Chinese scientists are a bunch of slouches.
Who the hell WANTS to replicate their fertilizer..... can't think of one good reason
Surely you're not referring to me. The desperate one is someone who posts irrelevant ITRO garbage PR'son other boards. Or maybe that's what you are referring to
To quote a previous post, which stated it much better than I >>>
post #29660 Regarding Paul Thompson CEO Mexus.....
"He has no business being CEO of any mining company, and certainly not a public one as he has no real knowledge of the business or industry, and constantly ignores securities laws and regulations.
But Mexus is nothing but an insider enrichment scheme anyway designed for/by Thompson and his cronies. "
That post coincides with the belief of more than a few. Well over a quarter mil/year of investor's money squandered on an errant hobbyist whose mismanagement and lack of knowledge has cost investors dearly.
They sure as hell didn’t find 186 gr/t when they drilled. So there seems to be a discrepancy between “estimates” and reality. Thus has it always been with Mexus and thus shall it always be.
The entire operation is predicated upon the fact that there will always be investors who, when confronted with the truth, will still deny it.
The latest PR states they are closing in on "production". That would make the statement on their web page truthful ..".MexusGoldUS (OTCBB: MXSG) is a gold and silver producing company with projects in Mexico". That "misstatement" has been posted on the web for a very long time.
According to the "mapping report" the Julio quartz vein runs to a depth of 30 meters .....not very deep. So a backhoe, a loader and a cat could unearth this treasure trove in very little time. The question is ...why don't they do it.? I think the answer is obvious. Dreams and schemes of fraudsters.
Could someone explain to me the process or method whereby values are given without the benefit of drilling ? Perhaps Mexus has developed an extraordinary ground penetrating radar that not only finds gold but quantifies it. 186 gr/t is pretty darned good and with this "mapping" in hand, why spin their wheels anywhere else? Defies reason but then so much of what Thompson has done is mindless puttering.
"Using previously developed geological mapping the company plans to mine the Julio quartz vein and the adjacent shear zone via open pit mining. The existing Julio vein, with depths to 30 meters and widths from 1 to 4 meters, has values ranging from 1.5 to 186 grams Au per ton.
Why would an ITRO PR be posted on the MXSG board ? Makes no sense. It is of no interest to Mexus shareholders.