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Wednesday, February 24, 2016 10:40:24 PM
After reading everything, I'm truly shocked MXSG ever got so cheap...under $1 million market cap at times....but when you deal with toxic lenders(I have many other names for them) it can happen and I've seen it many times with other equities.
With a market cap of under $3 million per today's close, this is still very undervalued....even fully diluted on 800 million shares, that's still under $5 million.
Now the numbers you and 8 have so kindly offered up are beginning to make so much more sense. Given POG at $1,230, Imminent JV(s), and Mexus properties...IMHO...this is easily worth .02 TODAY based on 800 million A/S and Outstanding today is only 486 million...
Plus O/S shares are maxed out until end of March and this is such a tightly held equity...float maybe 300 million give or take.
Hmm...I may have to buy more....seriously. Thanks again my friend...sincerely appreciate your willingness to share your insight.
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