mheadroom2 Fellow Shareholders; I am giving this stock a blue sky potential of $5.35 per share. 4 million oz in sirybaya 2 million for Barbarra and Bambadinka et al. 3 million oz net to MXI of reasonably high grade pit mineable gold. I am going out on a limb and going to say that we are heading for sustained $2000 + per oz gold price. In turn it is quite possible to see $250 per oz proven in the ground. I think the President of IMG is foolish not to do a hostile of this company right now. I think a $1 bid could net them 70% of the stock. With shareholder fatigue in full swing a lot of paper would capitulate at that price. This would be bad for us. I am doing my bit to support the stock but cannot do it alone. Step up to the plate fellow posters. The current weakness is coming from those that did the last financing who will hold the warrants for a risk free profit at .75 and sell their current holdings at the price they paid for them.
Personally I am looking for drill results. I think that IMG and MXI are in possesion of results and should be declaring those results to the owners(that is us last I checked)
Mr Isenor promised us results(from live interview) from the lab every 10 days or so one month ago. I would think that if they do not have the results due to problems at the lab they also have a responsibilty to let us know that as well.
This stock will move upwards gradually as results come out. But they have to release the results. We may have to diamond drill our way up to 2 million ozs to get north of a $1 but I think it can be done with current cash reserves. Those results coupled with RAB drilling could make this soar.