Yeah frustrating but our gold producing mine hasn'
Post# of 2064
(Total Views: 373)
Posted On: 06/24/2020 1:55:06 PM
Re: Alascantrade #1179
Yeah frustrating but our gold producing mine hasn't yet proven itself beyond the press release stage. In about a month we will be reading te Annual report which includes first quarter and in first quarter I'm not sure Mexus sold any significant amount of gold.
It'll be the 2nd quarter report which comes out in mid August that should show us the numbers we've been given - that's for April May and June. We've been told it'll show us 250 ounces of gold sold but that was said in anticipation of 150 oz in June - never count on gold from any mine till it's smelted and sold. I hope it's that and more - key word is "hope".
It may be November before we see the numbers all are wanting to see -- three full months (Jul, Aug and Sep) production at increasing grade and tonnage - but don't know that yet. All expecting a sudden run up in share price this summer I don't think will see it. For now if we can stay between 0.003 and 0.005 that's probably something to be grateful for. Share price has done well to stay in that range given the daily selling .
Putting the conversion selling behind us will be a psych boost and may get us to a penny. Hope that happens soon and the CEO can say "Never again" to toxic lenders.
Day at a time. Ounce at a time. We'll get there.
rjw
It'll be the 2nd quarter report which comes out in mid August that should show us the numbers we've been given - that's for April May and June. We've been told it'll show us 250 ounces of gold sold but that was said in anticipation of 150 oz in June - never count on gold from any mine till it's smelted and sold. I hope it's that and more - key word is "hope".
It may be November before we see the numbers all are wanting to see -- three full months (Jul, Aug and Sep) production at increasing grade and tonnage - but don't know that yet. All expecting a sudden run up in share price this summer I don't think will see it. For now if we can stay between 0.003 and 0.005 that's probably something to be grateful for. Share price has done well to stay in that range given the daily selling .
Putting the conversion selling behind us will be a psych boost and may get us to a penny. Hope that happens soon and the CEO can say "Never again" to toxic lenders.
Day at a time. Ounce at a time. We'll get there.
rjw
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