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Posted On: 08/31/2022 10:28:26 AM
Post# of 2062
And I love it when you put it in terms of before the reverse split to make an easy comparison with the prices we bought our shares at. That recent 0.0014 becomes 0.00007 as pointed out previously so a million shares in the old pre-split days would be worth $70 and most paid 3 to 6 cents in the early stages of our Mexus journey. Loss of 98.8%. Lets go ahead and round it to 99% loss for any who bought at 3 cents pre split.
If more than about 6 people thought there was life left the share price would not be tanking - yes the string of toxic conversions is a major part of the problem but the basic problem is the reality is that after 11 years and various methods of trying on several properties nobody has shown they can extract gold at a profit - not even close. Also after years of trying, "No Sale" as to marketing or viable partnering of the claims. We hear there is a deal for the smallest property - Mabel-Dana - with a company we cannot trace, Irmex. I happen to think there is an Irmex - not so sure about a signed deal.
The old guy sitting down with that yellow spiral wheel did better than everything that's come after. He could average an ounce a day - and i think the family got to keep all of it.
Wednesday morning last day of August 2022 and one hour into the trading day:
MXSG 0.0015 with volume 200K.
Has anyone researched how to take the loss on the Private Placement Certs that can't be moved to brokerage to effect a sale and get a documented loss?
A recent communication from home office indicates the CEO is in California and has had a couple of good meetings. There - I ended on a positive note.
If more than about 6 people thought there was life left the share price would not be tanking - yes the string of toxic conversions is a major part of the problem but the basic problem is the reality is that after 11 years and various methods of trying on several properties nobody has shown they can extract gold at a profit - not even close. Also after years of trying, "No Sale" as to marketing or viable partnering of the claims. We hear there is a deal for the smallest property - Mabel-Dana - with a company we cannot trace, Irmex. I happen to think there is an Irmex - not so sure about a signed deal.
The old guy sitting down with that yellow spiral wheel did better than everything that's come after. He could average an ounce a day - and i think the family got to keep all of it.
Wednesday morning last day of August 2022 and one hour into the trading day:
MXSG 0.0015 with volume 200K.
Has anyone researched how to take the loss on the Private Placement Certs that can't be moved to brokerage to effect a sale and get a documented loss?
A recent communication from home office indicates the CEO is in California and has had a couple of good meetings. There - I ended on a positive note.
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