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Posted On: 12/07/2018 9:47:27 PM
Post# of 2062
So the week ends [12-7-2018] with Mexus at 0.0065 - and assay reports are due in the next 2 to 4 weeks. Some may be selling to grab the tax loss - one large lot of over 800,000 shares was on the board all day at 0.007.
The continuing dilution will limit the upside potential of this stock There is a six-month toxic loan that's counting down - as share price drops the lender can convert for more shares so not a good scenario unless we get to at least 2 or 3 cents by spring. Hope CEO has a plan to pay off the oan before the due date. This is a high risk, tightrope act that's gone on for 10 years.
rjw/mkc
The continuing dilution will limit the upside potential of this stock There is a six-month toxic loan that's counting down - as share price drops the lender can convert for more shares so not a good scenario unless we get to at least 2 or 3 cents by spring. Hope CEO has a plan to pay off the oan before the due date. This is a high risk, tightrope act that's gone on for 10 years.
rjw/mkc
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