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Re: rich2 post# 31214

Thursday, 08/01/2019 3:39:53 PM

Thursday, August 01, 2019 3:39:53 PM

Post# of 47670
.....you mean the reverse split? Here is a precedent for this wonderful idea, LODE! Old timers will remember it as GSPG or Goldspring. After a nice run up to .06(based on nothing) and subsequent fall to sub penny a 200/1 reverse split was instituted. How did that work out for the investors? It didn’t! Well not unless you were ‘friends’ with the owner wink wink.
There are a lot of the same players involved here with MXSG including the lead ‘Promoter’. As a matter of fact this person claimed a ‘dollar by the end of the year’ almost a decade ago. A 2016 revelation by this champion of MXSG said ‘.50 by thanksgiving, 1.00$ by 2017 and 7.50$ by the middle of 08’ paraphrasing of course.
MXSG and lode have more then share holders, high share count, R/S, equipment etc in common. After years of posturing, promoting and pumping.....they hardly have/had and gold to speak of. Lode ultimately failed because of this. Will MXSG be any different?
Now we celebrate a penny and are ‘dreaming’ of a nickel if all goes well. Of course that’s not including the reverse split.....oh the joy.

Incidentally those picks that were posted supposedly of gold traces, Sorry no gold there! Nice try.