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Sunday, April 01, 2018 7:13:28 PM
1. Lack of mining knowledge. Going off of message board comments too much will only add to this confusion. This is not the place to learn about mining.
2. Though he's an honest person, PT speaks in a way that has not been good when it comes to PR updates. Even if he expected faster results, he shouldn't have stated such specific timelines over these past 18 months.
3. Jaded penny investing mindset. Instead of just being frustrated with honest delays, many longs jump into words like "scams." Poor communication automatically becomes "fraud" in this jaded mindset. The truth is irrelevant...everything is seen through the worst possible filter. Spending time on message boards does not help with this. Just because so many penny stocks are scams doesn't mean they all are. As junior mining companies go, Mexus is at minimum, an intriguing investment option to many people who understand this industry.
That said, yeah, if you bought at 20 cents...or 15 cents...or 10 cents...you're obviously going to be frustrated. Your investment has shrunk. That has nothing to do with whether a gold pour will be coming in the next month or not. It's as simple as you being in the red right now. But, yes, I like the stock at these prices. I have bids sitting in the low 2's. If something is going to happen reasonably soon as far as gold sales, these prices will be looked back on as very good buys. If it's worth the risk to you, then buy. If not, then don't. But I wouldn't expect to find much unbiased, helpful information on message boards.
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