Monday, June 05, 2017 11:22:03 AM
Right now the company is claiming the amount of gold they have, how much they will produce once refined, and the steps they've taken to get there - along with the missteps.
A huge catalyst will be the PR/8K/etc where revenue is announced.... however, its pretty clear to me that day is certainly coming. They have already done a test pour. They thought they could pour a large amount of precip with proper flux - but decided it wasn't the right decision with the amount of zinc (didn't want to waste a couple 100k $$). Now they will have the AA machine to perfect the chemistry and be able to pour without issues. (just creates a short wait)
Those that know of MXSG can either believe the company will succeed and buy now for 100%+, 200%+, 300%+ gains - or wait and pay a much higher premium if they succeed. If they fail, nothing is lost to those who haven't invested.
Really is a risk scenario on both sides of the equation. My bet from the PRs and communicating with the company is that they are going to get there and will produce 1-5k tpd, then 10k tpd at the revenue they are stating. I'm taking a risk that this will happen.
Others are risking the lost potential gains by waiting to see if they do it.
Gold is there... question is if they can get it out of the ground profitably... to each his own on their risk decision...
Although Seriously - does anyone here really think they are not going to get this gold out of the ground profitably based on what we've seen so far??
Recent MXSG News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 06/28/2023 01:47:39 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM