TM, thanks (again) for your concise explanation of the current situation at Mexus. I think people have a hard time seeing the bigger picture here. Although the press releases have been poorly written in the past you can see that has changed in the last few. We also got several updates in short order, again another change in the tide.
Obviously the decline in share price has left a bad taste in current shareholders mouths as most have invested at much higher prices but if you had invested on the fundamentals of this company in the first place it would behove you to double down today and get your average down as fundamentally things have improved dramatically over the last month and the PPS is down considerably.
It's perfect market psychology, company improves but share price declines, making others question their investment and get emotional, (who doesn't when you lose money) they sell and the snowball has started. It takes very little buying pressure here to drive the price up and it's the same on the way down. When it reaches bottom those that had bought at higher prices feel uneasy to buy more and get into a better position, instead they wait until the price starts to go up again and eventually pay way more than they could have if they just stuck to the fundamentals and leave emotion out of it. If every investor I've read that say they are unsure about buying actually started buying the psychology would quickly change and others would start buying as well and the snowball would be headed in a different direction.
Like you mentioned this is a micro cap company, on a shoestring budget and you have to know what you've invested in. Demanding PR firms and the like is unreasonable at this point and if the company has a choice between buying diesel or equipment I would much rather see what little cash we have used for the kinds of things that keep the lights on and get us to steady production. It sounds like this has happened and I applaud Paul and the rest of the employees for making it through a very difficult environment, raising cash through private placements and getting very little conventional financing, this will pay huge dividends in the future.
We've had our hiccups in the past but after speaking with Paul, Deb and Adam I'm fairly certain at this point (actually I always thought they would succeed) that we have reached the top of the so called hill and we are about to see substantial profits from here forward.
As a share holder you either believe at this point or you do not but in my opinion there's a chance to substantially increase your position at an extremely low price. Not many micro cap miners that are about to have two revenue streams, both with the ability to produce substantial cash in a short period of time selling for .085
Personally I've been buying at every opportunity I get as cash is freed up from other investments and will continue to do so. I've taken part in several PP's and have encouraged others to do the same with good results. I encourage others interested in PP's to call the company and ask about the current terms, they're quite favorable. Ask them to explain what the money is for and how it will be used, you'll get a detailed explanation.
This is just my opinion. Good luck to all!!! I'm excited for the future here!!
News 
Market Data 
Discover 
