I guess I started up more of storm than I intended with my post. First, I feel I need to clarify, I do think Mexus will get to new highs, and flirt with a $1 share price in the future. According to the PRs we are producing , have very very low debt and a JV who has proven themselves over the last year. That is a very attractive place to be for speculative investors, not institutional investors.
However, it is my opinion we won't see a rise in share prices until better details come forward. That's not a criticism of Paul, that's the reality of investing. I am appreciative for the information the company is sharing. I prefer a vague "something" to all quiet. I'm sure PT will release more specific details when he is able and ready and do so in a manner that is compliant with all the legal rules and regulations.
With the information we have been given by the company to date, we do not have enough hard data to attract large "mainstream" financial investors that are needed to drive the share price up. We can ask KITCO and every other investor newsletter we know to shout the story of MXSG on the mountain tops, but at the end of the day we don't have an official (i.e. SEC compliant) report detailing any tonnage, total ounces, or drilling results (yes we have some drilling results but not ones that can be used for declaring future production estimates according to SEC rules).
Pictures aren't going to convince the big dogs to jump into the pool. Only hard facts will. So until such time that PT is able to provide that information in a manner that satisfies the larger investors, we will stay in the current range.
