Replies to post #1153 on Mexus Gold US (MXSG)

[Gene_Simmons]

It's heartbreaking to see this go down the drain. Who knows, maybe things will light up. Doesn't feel like it though. I think this ends up PT selling the whoe company in the end. What I don't want is a deal that says production in 2016. lol. Anything that saves the ship is ok at this point, imho. Best of luck all.

[TMLonggun]

Ideally now would be when you would buy your first Mexus shares and nab a million shares for an average well below 10 cents. Mexus has fallen so much, combined with the cyclical bear market for all juniors that we currently reside in leads us to an exceptionally cheap and relatively low risk entry point (as low as it will get in this sector). As Rick Rule would say: "Volatility does not equal risk." As the share price drifts lower investors seem to think that this somehow decreases Mexus' long term potential upside when company advancements finally land in a gold bull market. It doesn't. It only affects the current share price and the opportunities available to an investor today.

If I owned no Mexus or a regular 1/20th weighting I would feel obligated to buy more. At the moment I am hugely overweight Mexus and it has dragged down my entire performance for a couple years now. That's just one side of the coin though, since in 2012 Mexus buoyed my portfolio to crazy levels. I have been holding with a few scattered buys (all of which have gone down). While the rest of my picks are having one of their best years in recent history. I am almost at the point where I may have to sell some of the other surging stocks and even some Mexus regardless of price and re-balance. Regardless of where Mexus ends up it seems the most prudent choice of action.

About a year and a half ago I realized that I was way too focused on gold and silver and that I had ignored many of the other compelling commodity opportunities that were available. So I opened myself up, and using my interpretation of Mexus' potential (ten-twenty bagger minimum) as the bar I made a list of ~20 unique and elite commodity companies. Having 20 diverse high quality prospects with equal weighting is a far superior strategy to the "Mexus all-in" strategy that seems to permeate some of these boards and infect even those like myself who should know better. Even if such a strategy works out it doesn't mean that it was a smart idea.

So in a nutshell, I think Mexus is doing fine (even though it appears otherwise) and that if you were disciplined in your past purchases you would have avoided overpaying and now can take advantage of the opportunity of shares priced at levels I thought were impossible years ago.