The toxic notes continue and I guess as long as th
Post# of 2057
(Total Views: 245)
Posted On: 11/22/2022 12:19:02 PM
The toxic notes continue and I guess as long as the merry-go-round of notes continues the funds arrive to keep current with the SEC and our dilution increases. That is the only mining being done - toxic notes and it must be a simple matter to make a call and get $55,000 .
Cash is a "blank" entry on the current filing - not zero but just blank. What's that mean, "blank"?
The only fun number is the accumulated deficit and it's a testimony to the fine handling of a "million ounce" mining operation. About 99.9% of that million ounces is still in the ground, eh?
Accumulated deficit (38,903,070)
The "enterprise" has been running on convertible notes for years with no significant gold production from four properties and multiple types of gold recovery attempted. Add in cable salvage and another Thompson entity's Bering Sea dredging. The experience is long - but expertise has not been demonstrated.
The T-Clan as a whole has had a long run of luck. None of it good. Nobody's died in the effort although it was a close call for Seaman Pacheco in 2016.
I-80 Gold and Niocorp - more promise and actual Boards, documented resources and that secret sauce mixture: experience AND expertise.
One report was posted that there is movement on the JV or acquisition front. An old story and hard to take as true. Maybe this time. Hoping the Dog is onto something with that post.
Have a good Thanksgiving - and there is much we in the US can be thankful for. We have food, heat and electricity - high on my thankful list when I read of the harsh winter underway and continuing indefinitely in Ukraine.
MXSG 11 Am 0.0007 volume 1.7 million shares or about $120 in trading.
Cash is a "blank" entry on the current filing - not zero but just blank. What's that mean, "blank"?
The only fun number is the accumulated deficit and it's a testimony to the fine handling of a "million ounce" mining operation. About 99.9% of that million ounces is still in the ground, eh?
Accumulated deficit (38,903,070)
The "enterprise" has been running on convertible notes for years with no significant gold production from four properties and multiple types of gold recovery attempted. Add in cable salvage and another Thompson entity's Bering Sea dredging. The experience is long - but expertise has not been demonstrated.
The T-Clan as a whole has had a long run of luck. None of it good. Nobody's died in the effort although it was a close call for Seaman Pacheco in 2016.
I-80 Gold and Niocorp - more promise and actual Boards, documented resources and that secret sauce mixture: experience AND expertise.
One report was posted that there is movement on the JV or acquisition front. An old story and hard to take as true. Maybe this time. Hoping the Dog is onto something with that post.
Have a good Thanksgiving - and there is much we in the US can be thankful for. We have food, heat and electricity - high on my thankful list when I read of the harsh winter underway and continuing indefinitely in Ukraine.
MXSG 11 Am 0.0007 volume 1.7 million shares or about $120 in trading.
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