Quote”That former 'buck a share" in my mind is d
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Posted On: 08/12/2019 1:13:09 AM
Quote”That former 'buck a share" in my mind is down to about 20 cents a share - just too darned many shares outstanding. But then I don't actually know. Badger - sounds like your "much higher": is higher than mine. “
Actually it isn’t. .20-.25 range is my “much higher” after successive large pours. I don’t believe this stock will ever hit a dollar, without a R/S, due to the share count. Even .50 seems unrealistic. Doesn’t mean I wouldn’t like to see it. Lol
However, I think Mexus could see .05 on momentum if they announce a good amount of recovered gold tomorrow. If not I expect it to drop back to around .015 and maybe even lower when the 10Q is released, which is due out by Friday I think. Or next week if they go the NT10Q late filing notice route.
If the share count hasn’t increased another 25-50 million and they really did pay off the rest of their notes, as some have claimed on the hub board , and not much has changed since the last Filing, then it shouldn’t have too negative an impact on the pps, ( Not holding my breath on either of those. How do you pay off debt with no money? Usually it’s just traded for a different kind of debt, or you issue more shares)
Then it’s back to Awaiting the next gold recovery report. Obviously it all hinges on the gold being there and them being able to recover a significant amount again and again, without breakdowns and delays.
Worst case scenario is they fail again , R/S the stock and start fresh, while wiping most of us out.
I have read some BS that the goldspring/load 200-1 R/S was a good thing for shareholders, but not any that I knew of, including myself. It was a disaster for almost all common shareholders. How could it not be, unless you bought post split shares? Insanity.
Just my opinion .
Actually it isn’t. .20-.25 range is my “much higher” after successive large pours. I don’t believe this stock will ever hit a dollar, without a R/S, due to the share count. Even .50 seems unrealistic. Doesn’t mean I wouldn’t like to see it. Lol
However, I think Mexus could see .05 on momentum if they announce a good amount of recovered gold tomorrow. If not I expect it to drop back to around .015 and maybe even lower when the 10Q is released, which is due out by Friday I think. Or next week if they go the NT10Q late filing notice route.
If the share count hasn’t increased another 25-50 million and they really did pay off the rest of their notes, as some have claimed on the hub board , and not much has changed since the last Filing, then it shouldn’t have too negative an impact on the pps, ( Not holding my breath on either of those. How do you pay off debt with no money? Usually it’s just traded for a different kind of debt, or you issue more shares)
Then it’s back to Awaiting the next gold recovery report. Obviously it all hinges on the gold being there and them being able to recover a significant amount again and again, without breakdowns and delays.
Worst case scenario is they fail again , R/S the stock and start fresh, while wiping most of us out.
I have read some BS that the goldspring/load 200-1 R/S was a good thing for shareholders, but not any that I knew of, including myself. It was a disaster for almost all common shareholders. How could it not be, unless you bought post split shares? Insanity.
Just my opinion .
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