Loading ...You gave me a great giggle !
joesixpack mxsg
You answered not one of my points…not one. Pump away Joe. You have absolutely no reasonable way to estimate revenue or expenses…none at all. I was one of the early investors in GORO, so I know the story…and eight aero’s as well. You might not want to go there. Sorry Joe…I tell the truth.
samb
If you want to wait until Mexus production numbers and grades are to your satisfaction I’ll be more than happy to sell my shares to you at $1/share. The smart and savvy investor will do their own research and buy cheap and before production starts.
Here are our calculations. $88MM a year revenue conservatively. And when the POG goes ballistic the sky is the limit.
mexusproductionrevenuescenarios
I’d hate to see the juniors you invest in– I’m sure they are all caretaker management model – all burning through tons of cash with their heavily loaded corporate officers sitting around daydreaming. I don’t invest in caretaker model miners. I invest in miners where insiders own the company. In this case the CEO Paul Thompson owns a big chunk of the company (it was 50% not long ago).
We shall see who is right on Mexus and honestly.. i could care less if you don’t like them. The advice I gave you is worth what you paid for it.
I think it’s great when people suggest stocks they like
Isn’t that partly why we’re here? As long as it’s not repeated constantly then there’s nothing wrong with that … of course they have to be ready for a bit of critique as well …
Sounds about right
“Risk control is the best route to loss avoidance. Risk avoidance, on the other hand, is likely to lead to return avoidance as well.” ~ Howard Marks
Alex
That’s the whole point of the dainty teacup.
JoeSixPack MXSG
Pump Away…This is a pink sheet little miner with about 650 million shares out!!! Reverse 10/1 split seems in order! It’s a one man band with no corporate structure and entirely dependent upon it’s jv partner. Way to early to establish grades or AISC costs. Then when that’s done, each ounce produced has to be split with the jv operating partner and then split again into 650 million share parts.
Moggy – your 15:53
I cannot imagine Farmboy drinking ANYTHING – not even gold leaf tea from that dainty cup ! ;>)
MXSG – Part 2
MXSG is taking the same approach as GORO did and bypassing all the endless drilling and pre-feasibility studies etc. One of the major investors in MXSG was a major investor in GORO during IPO @ $1. You know the rest of that story.
MXSG – imminently producing
Mexus Gold. Junior gold miner very close to production. Finishing touches to their Heap leach. Goal is 10k TPD 1 g/T by end of year. Then they will ramp up to 20k TPD. Still only 82MM market cap. They are being priced like an explorer. Might be worth getting some before they go ballistic.
Maya
Bless you for trying, Maya…Farmboy has just been washing too many worms of late, pretending to fish, and he’s lost his ability to discern coffee from tea.
On the other hand, you could have put it in a teacup…they look like this, lol:
Buygold
Re GDX
Not sure they bother to sit on NEM, GG etc to cap GDX, they just sell the hell out of it outright….it also looks like they never cover any shorts, as recently there has been a massive constant seller, who is there every day now, making sure no big rally can take place.
I always wondered why the PM ETF’s were allowed, as why help investors like the major funds, who are banned from Commodity’s get into the PM’s…..then I realised the scum could sell the hell out them and never have to deliver or cover anything, unlike any real mkts…hence they were allowed.
That aside I am hearing a lot of talk about a major dollar Top and a major commodity run coming soon, which is being seen as super PM bullish, that may explain this PM share buying…
This is why we need to defund the UN. Their global agenda is to take over Soverign countries.
Fellow Conservative,
President Trump has released his updated travel ban and it looks to be legally bulletproof.
The State of Hawaii has filed a lawsuit against the revised Middle Eastern refugee ban, but it’s unlikely to be successful. In 2015, Hawaii resettled just FIVE refugees and none of them were from the six countries on the ban list. Hard to prove that Hawaii was negatively affected by the order…
Now, the DOJ is filing motions to dismiss the dozens of lawsuits against the old order. But lo and behold, a new challenger has emerged. The United Nations Human Rights Commission is meeting behind closed doors to debate whether to go after the United States for violating international law.
That’s right. There are bureaucrats in the UN considering suing the United States and forcing us to accept refugees and illegal aliens..
And the biggest slap in the face is that this whole lawsuit is being financed with our tax dollars!
Enough of this nonsense. Send your urgent FaxBlast to Congress and DEMAND they pass Ted Cruz’s legislation to defund the UN once and for all!
Jordanian Prince Zeid Ra’ad al-Hussein, the current UN High Commissioner for Human Rights, declared that President Trump’s policies are “in breach of international law, if undertaken without due process guarantees, including individual assessment.”
And there you have it. An Arab Prince, paid a salary using our tax money, threatened to take the United States to court if we don’t re-open our borders to unlimited refugees. He also threatened to take the US to court if Trump keeps deporting illegal aliens.
It would be a joke if this all weren’t being financed with our money. But this is just the tip of the iceberg.
After meeting with Secretary of State Rex Tillerson, the bureaucrat in charge of the UN Climate Treaty also recently taunted the administration and declared the treaty was now “unstoppable.”
The UN Chief also “warned” President Trump that any attempt to support Israel would be unacceptable because there is absolutely “no alternative” to Palestinian statehood.
It’s understandable. The United Nations is panicking because they’ve lost their lackey in the White House. They can’t conspire with the President to bypass the US Congress or Constitution anymore.
They realize that the UN Arms Trade Treaty that President Obama signed is dead in the water and Trump is likely to do the same with the Iran deal and the Climate Treaty. All done without Congressional ratification.
So, the UN is lashing out.
A few weeks ago at CPAC, Senator Ted Cruz took to the stage and told the audience of Conservative activists that his bill to defund the United Nations was still alive in the Congress. “Hold us accountable,” he pleaded with the audience.
He just needs your help to get this bill across the finish line!
Send your FaxBlast to Congress and DEMAND they join Ted Cruz and defund the UN once and for all!
Cruz’s bill would pull the plug on US “donations” to the United Nations completely. It would cut off $3 billion and force the UN to either fall in line or go belly up.
Barack Obama spent eight years conspiring with the United Nations to implement their globalist agenda. To accomplish this, he bypassed Congress and the US Constitution’s treaty clause.
Days before leaving office, Obama raided the treasury and gave away an additional half billion dollars of your money to help the UN fund its liberal pet projects.
And now the UN is using this money to undermine the Trump administration.
No way!
No more United Nations! Send your FaxBlast to Congress and help Ted Cruz force a vote on his bill to defund the UN!
Time to pull the plug,
Joe Otto
Conservative Daily
https://conservative-daily.com/2017/03/09/un-trump-accept-refugees-illegal-aliens-else/
Look at that USD go!
The shares seem to be ignoring it but the metals can feel it.
MM3 – Ha Ha
Yeah, looks like Fatboy has to go, although now that it’s been publicized I’m not sure how that mission gets accomplished. Probably more effective when we hear after the fact…
No doubt the Neocons are pulling the strings, they love perpetual war.
MM3
He’s on something, but they must be the wrong meds.
BTW-I think you’re splitting hairs with the Zionist argument. You’ll still be called a Nazi, racist, anti-semite every single time.
Nazi is so in vogue these days, even Muslim Turks love to use it.
Farmboy @ 9:25
I just KNEW I should have reminded Farmboy to take the DARK colored cup.
Moggy: I tried! 🙂
Flash! This just in from Reuters…
Israel is a world class swiss watch power. The sheenie mind of innovation and underdog pushiness is a gift to the goyim. If they would just get good manners , get them beaks chopped off. Think yiddish, dress briddish