Wednesday, February 26, 2020 9:39:09 AM
From there a slow a steady climb out of debt is possible. I would agree the timing of this works in Mexus favor in terms of the market starting to swing towards gold miners and eventually junior minors.
In other words, if Mexus can stop the hemorrhaging of cash and start paying off debt, the market has a high likelihood of responding favorably thus bumping up share price.
However, that tipping point is right now. The company can just as easily get swallowed up in an unsurmountable amount of debt or be unable to find willing lenders, if it doesn't start legitimately showing gold sales in the next 6 - 12 months.
Recent MXSG News
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