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Re: 49andretired post# 39516

Thursday, 08/13/2020 12:16:30 PM

Thursday, August 13, 2020 12:16:30 PM

Post# of 47639
Through the years it has been interesting whenever supposed good news was on the horizon some weird circumstance would arise to buy more time.

Off the top of my head

-Having to redo liners
-Equipment decided to be taken offline right as they are to start to retooled
- Pump going out
- dumpster leaching was actually only a test even though all indications were they had easy gold
- equipment stuck at border
- Make a mini MC, then scrap for big MC then scrap again because flow was too weak
- MarMar was rocking it and gold production imminent, until they weren't
- Now it's the auditors

Maybe this time is different. Body language of the company to me says it's going to be underwhelming.

- The new terms will be interesting on the whopper loan that was deferred, but was PRd as paid off. Taking a new loan to pay another loan does not equal paid off
- see if they are recovering amounts like PR states
- shall see what the daily production is

What I find telling is, PT talks to investors on how he wants the share price to go up and so he can sell his shares.
Mexus releases a fair amount of fairly empty PRs.
The one PR that would increase share price and bring in new money is somehow held tight and will only be released in the financials. Yes, that is how the big established miners do it. That is because they are established and have shown they can sustain production.

If I was a tiny operation and was in the midst of a gold bull run and wanting the price and the word to get out about my company I would be releasing PRs with the goods.

But that PR never comes. Why?