Mexus Gold US (MXSG)

[T-Hawk]

The groundwork is being laid for a disappointing 10K...

Unfortunately, that is what my gut is telling me as well.

However, this should be a non-issue becasue one of the last PRs said "the audit process was delayed due to the company moving from an exploration company to a production company"

But even if the audit/10-k turns out to be a big turd in the punch bowl, there's no worries becasue the 10-q will be coming out right behind and of course that's where all the good news will be issued.

There's a lot of hype on the boards, but all of the signals from the company are not flashing positive.

1. 7/13 PR announcing the delay of audit for reasons of company moving to production phase.
2. Letter comes out from company requesting money to finish the audt - Contradicting the reason given in the PR for the aduit delay.
3. 7/13 PR stating loan was allowed to convert even though company has repeatedly claimed gold sales and continaul production.
4. Last 2 PRs haven't been posted on Mexus website - indicating the website has "gone dark" with updates.

The stock has made a nice short-term run over the last 30 days, but it's not based on any factual data indicating strong business fundamentals. Only pump so far.