it's becoming harder and harder for even the most loyal
it's becoming harder and harder for even the most loyal supporters to mouth the words about the enormous resource and great future that awaits. There just is no evidence we have even a small to middling gold operation. It's all been tried: placer mining, heap leach with various crush sizes and gold processing by Merrill Crowe and electrowinning. Before that the ball mill.
There is no credibility or consistency to the grades cited or the tonnage being loaded. Yes some actual mistakes with the salt and zinc occurred but those were one time events and in the past. Sorry to say I have watched and waited far longer than is sensible - egged on by one man of few words and another man of far too many words - and he even he seems ready to kiss his hoped for tens of millions of dollars adieu. Actually i think it was hundreds of millions he was hoping for. I just wanted a lousy one million, wasn't greedy, but all I see is $5731 today - leaving about $994,269 to go. Once down in the pre-split "Trips" there is no floor - well hasn't been for a long, long time But even if in the "trips" you can go lower.
Very sorry for any who were "all in" on Mexus - never wise. Many of us were not exactly "all in" but "too far in" to make good sense.
Mentally separate from it as most have and move on to better prospects - companies with more than a one man board, companies with known and demonstrated resources and cash other than from dozens of toxic loans that sap the life out of the company at every conversion date. Sorry to post any of this - sorry for self and others who wanted to believe the romantic story of Desert Scottie out to make a lot of people rich on a $2 bet. Unfortunately we anted up time and again when the call came for "just one more check and subscription agreement." and two bucks became a sig amount as the share price continued to tank.
Is there hope that the next blast will actually occur - and that we will finally realize some consistent grades and realize the kind of revenue that shows up in a filing? Don't know - seems doubtful after this many years.
Mexus Gold US (MXSG) Stock Research Links
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