Replies to post #26051 on Mexus Gold US (MXSG)

[T-Hawk]

A previous poster inquired about news from the VAT.

My response was to simply state that information did not have to be included in this 10-k.

The 10-K only had to officially report what happened from 4/1/2017- 03/03/2018. The company did not have an obligation to report any events after that date. As I stated it did choose to include some information that was after 03/30/2018 - specifically information regarding the termination of the JV contract.

If you want to try and allude that smelting of the product from the VAT has occurred since July 2nd but the company will release a PR when it feels prudent, I call B.S. No way this company with all of it's pumping of "imminent" and "test pour occurred" announcments keeps something like that in its back pocket.

If/when this company produces a single ounce of gold on its own it will be shared in a PR within one week at the most.

[F4Uvet]

"Vat residue smelting if any does seem possible after 2nd so gets a PR when seen needed due time."

Part of the company's fiduciary responsibility is to keep investors informed regarding events that directly affect their investment.
Results announced in a PR "when needed and in due time" does not quite satisfy the fiduciary trust obligation.
Thompson has made a habit of hiding material events and makes statements only when it is to the company's advantage.
This benefits MXSG in that news of further failure would result in a wholesale dumping of shares.
It also represents the company's philosophy that news shall be dispensed on a "need to know" basis.
Fiduciary responsibility is an alien term with no meaning to CEO Thompson