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  4. Mexus Gold US (MXSG) Message Board

Similar stance -cautiously optimistic - not giddy

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Post# of 2064
(Total Views: 249)
Posted On: 03/05/2020 10:43:26 PM
Posted By: Megashear
Re: Badgerbob #937
Similar stance -cautiously optimistic - not giddy and not calling this a done deal. Gotta show some real evidence of the production and somehow verify that it's daily production average -not cherry picking the best one day production and extrapolating. They'll get there - and the sooner the better.

Got a laugh from your point number one . A very old pattern -announcing something as "new" when the same "new" event has been proclaimed many times. I'm thinking of "start of leach" We have had multiple leach starts but this time it's true and hope it's continuous.

Will be glad when the bashers become buyers. And shut up.

The question of the week is how're we doing on the two convertible loans with March due dates? If they go toxic production won't keep up with the new round of share dilution. Avoiding conversion is crucial - just as it was in Feb but the loan converted and we're all paying the price.

Glad to see share price hold up pretty well and can dream of a penny then two. To get above 2 cents gonna take some really substantive accounts of gold production - verifiable What's the best realistic share price a year from now? Dunno. Five cents may be attainable . Gone are the days when we were possibly looking at 50 cents - long gone till we prove up some reserves and show the mine can sustain production and get some back up to everything.

Pretty precarious right now - key piece of equipment goes down - the whole thing goes down. a minor hiccup is major - later there'll be some redundancy and maybe a cash cushion. Not yet.


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