Replies to post #106372 on MMEX Resources Corp (MMEX)

[mikoli007]

The Dunning Kruger effect is alive and well in the mmex scenario. The obvious ignoring of facts is prevalent. Three major mmex facts override ANY other information currently regardless of "opinions".
1. PPS is in the toilet at .00372.
2. So many EXTREMELY TOXIC LOANS, it's too hard to keep track of them.
3. NO FINANCING

Until fact number 3 changes, no-one will buy mmex or even pay it any attention. When number 3 changes volume will change by the influx of buyers, eliminating number 1.

With several MISSED deadlines concerning financing, there is very little reason to believe mmex on anything anymore, much less the "next weeks", "next month", "ASAPS", "very soons", etc..

[jmjjw]

This is all unfortunately for MMEX (retail investors) largely irrelevant.

Empty commentary by a politician (who didn't even get the refinery construction interval in the U.S. correct) doesn't fund private infrastructure projects. Even if MMEX was something other than a share-selling scheme, Hurd, or the U.S. government isn't funding MMEX.

The current economic-political landscape is uncertain for insignificant, isolated, stranded inland projects like what MMEX proposes.

Mexico may yet reverse the last decade or so course of U.S. diplomacy through energy initiatives - none of which have worked out for them at all, in fact the contrary is the case. Shortages are endemic, costs are high, and supply/distribution imbalances are inherent in Mexico's system. MMEX, even in a bluest of blue sky case would not remedy this.

Coupled to the current administration's dotard policies, like the attempts to demolish NAFTA, tariffs, and similar idiotic policies (note Mad J. is also a dotard) will combine negatively with Mexico's shift toward a nationalized policy.

Time is not on MMEX's side - delays, uncertainty, and inefficiency plague projects like the South Orient rehab, the international crossing at Presidio, not to mention the significant rehab of the Mexico FerroMex side of the rail system. MMEX's Phase I proposed rudimentary topping unit could produce a single drop of transportation-grade fuel suitable for use in Mexico - no ULSD, no gasoline, or gasoline blend stock, no nothing. Even if an economical route to get refined hydrocarbons into Mexico, MMEX's land-locked, isolated, stranded location not withstanding, MMEX could produce nothing useful in Mexico...

So the empty words, mostly totally unrelated to MMEX, and the "landmark" "energy roundtable" in Fort Stockton don't move the needle, don't validate MMEX in any way, produce no funding for MMEX, and fails to create legitimacy for the share-selling scam known as MMEX.

[TAB78]

Yep peeps can say what they like either for or against, bottom line is a lot will be revealed over the next few months.

Then we shall know who is on the right track