Mexus Gold US (MXSG)

[gitreal]

The thing about Mexus is... At first glance it seems like incredible opportunity to get leverage to gold prices

No, at first glance.....it appears to be an amateurish, incompetent, pretend mining company constantly flaunting SEC rules. Back in late 2016, it took me 2 minutes on their website and reading several of their PRs to come to that conclusion. The way the company manipulated drill assay data was a huge red flag. At the time, the CEO was dumping shares but not filing Form 4's in a timely manner, sometimes 30 or 40 days late...and at the same time pumping the company through PRs. Those actions should have infuriated serious investors but it didn't seem to matter - PT deserved it, he's a hard worker, etc., etc.

Here it is 2022, and another 10 or 12 million bucks have been flushed down the toilet, and any investors holding "long" have lost 95% or more. Late Form 4 filings, insider trading, improper selective disclosure, paid investor "finders", misleading/false PRs, and SEC filings that resulted in repeated SEC comment letters.