Monday, April 27, 2020 9:56:49 AM
This company has routinely touted claims and has not provided the facts to substantiate those claims. In some cases the company has contradicted it's own claims (e.g. Mar Mar self funding, gold produced, gold sold etc.)
In most business settings, it is up to the business to substantiate what they are claiming (with accredited third-party reports, or 8-k, 10-Q- & 10-K financial fillings).
For some reason with Mexus, in spite of all the unfulfilled claims and company statements proven to be inaccurate, there remain quite a few folks on these boards that are have no issue with the company making claims that can't be substantiated or in some cases proven inaccurate. However, they have all kinds of heartburn and demand facts if a poster on these boards challenge what the company is claiming.
In other words, some around here are acting like the company can make whatever claims it wants and it is up to the investor to prove the claims are untrue. That's not how it works.
Further, (and let me preface this by saying folks can invest based on however they choose) Dino's statement that he is in Mexus primarily because of the integrity of everyone involved is not a strategy rooted in fact. PTs integrity is heavily questioned on many things including continually making claims that end up be knowingly false (again as an example I use funding Mar Mar while claiming Mar Mar had enough resources to self fund).
Bottom line, PT could take care of all of this, by relaying accurate information that has been verified by accredited and independent 3rd party reports. Instead we continue to get the forward looking fluff we get today. How many PRs over the last 4 years have given us assay levels? None of those PRs can be proven accurate or inaccurate. It's simply an unprovable claim by the company, that has no direct bearing on it's ability to produce sellable gold.
Recent MXSG News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 06/28/2023 01:47:39 PM
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM
One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM