Mexus Gold US (MXSG)

[1manband]

People who don't understand gold mining don't understand that gold tends to rise when inflation rages. But when inflation rages, the COSTS of gold mining rise, too. Which means gold mining can actually be less profitable at higher gold prices.

Yes, the price of gold is up about $100, or around 6%, over the last year. But the costs of mining gold are up anywhere from 15-40% (or more) over the same period.

But with Mexus, it doesn't matter, as they are not mining anything. They have even hit the bottom of the hole in their usual mining of investor's pockets.