Mexus Gold US (MXSG)

[Amadeus4153]

IMO, this is what is going on with the stock. I have been in this stock since the late Summer of 2012, so have experienced all of this firsthand.

The 1st run on an expectation of gold production happened back in the Fall of 2012 when the stock zoomed up to almost 0.60. The run on the 2nd expectation of gold production (the announcement of the JV with MarMar) took the stock only up to 0.23. The 3rd run due to PR announcing that gold was smelted (turns out it was a seriously tiny amount) only took the stock up to about 0.09.

With each run and subsequent disappointment due to a lack of followup news to confirm something is really happening the shareholders get more and more skeptical.

We are definitely in a "show me the money" state now, with long-term large position shareholders holding but no longer buying in any substance. The only thing that will really move this stock for good (no giving back temporary gains) is a PR announcing the sale of X ounces of gold. Any of the many vague, forward-looking type PR's we have seen for some time now will no longer have any substantial effect.