Sunday, January 21, 2018 9:11:36 PM
It's easy to express strong opinions.
What's hard is knowledge.
That takes work, time, and experience.
Having the ability to read charts is a form of knowledge. I'm not one to dismiss that at all. It's a tool I use myself. But a chart is nothing more than tracking emotion in graph form. If a junior miner hasn't sold product yet, their shares are trading based much more on emotion than when gold is sold and numbers are shared. Technically, emotion is a factor with all stock trading but the future emotion will be based on more data. It's considered less speculative by investors.
With a company like this at this point in its history, the chart will only show you so much. The volume isn't there right now and that means quite a few things. One party can have a big manipulative influence on stock price and the chart misses that level of detail and nuance.
It's easy to point fingers and say Mexus won't sell gold. But that's not a fact. It's just a strongly expressed opinion. Knowledge is what matters most here. Understanding mining and this company. I suggest increasing knowledge or finding the people who have it. Just my two cents.
Recent MXSG News
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