Replies to post #25028 on Mexus Gold US (MXSG)

[Dutch1]

IMO mexus can produce gold, and they have a path toward production. So IMO POG matters. It isn't me who started this discussion, but some seem to find it relative to say that the POG does't matter to Mexus because they haven't produced gold. And they bring in the price of tea, saying it is just as important to Mexus as the POG.
If you want to ask people to bring more relative information to this board, it would be wise to address that question to move on to them.

Like I said before: "So if I run a tea company, who has just started. And I’m planning to sell tea within two months. And all of a sudden the tea price drops to a level that makes it hard to make money on tea, it doesn’t matter?" Yes it does matter, so does the POG matter to a junior miner.

Junior gold miners are typically very sensitive to the price of gold. If the price of gold suddenly drops, it may no longer be financially feasible to operate.

Read more: What criteria classify a company as a junior gold miner? | Investopedia https://www.investopedia.com/ask/answers/040815/what-criteria-classify-company-junior-gold-miner.asp#ixzz5Eow3UO6o
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