Tuesday, February 07, 2017 12:12:51 PM
I have done this before with other stocks like Gold Resource and Premier Exhibitions. Once I feel confident in the essential trustworthiness of management and the scope of what they are attempting to accomplish, I tend to invest big and early.
There are never guarantees on any investment. Although I have no doubt MXSG will get into production, the key for after that 1st pour will be how well they do at ramping up to 10k tons/day and at optimizing the leach process and containing costs. Nobody can predict that right now, but I am optimistic that longer-term shareholders will be quite happy with the eventual results.
It takes time to put a good mine operation together. We have an experienced partner in MarMar, so all the pieces for success are there. We just need to have the patience to let the company get to that success on their terms, not ours.
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