“Don….a couple of questions:
1) Hard to glean from your blog what you think is happening. Is your current expectation that “Big partner” wants to delay decision until early Jan, but that there are 2 other entities who might make a solid offer before then that PT would accept if in his range? If above is accurate, is that your conjecture? Or is this what PT has actually communicated to you….? Almost impossible for the average shareholder to have any real sense of what’s what. I know this is often part of junior gold mining…but with mexus now selling pp restricted stock in the .01’s of late, confidence is seriously flagging…and understandably so. What’s your thinking at this point re all the above?
2) I have noticed of late too that when pps declines, there seems to always be someone there to push price back up to ask –or even beyond ask — with small buys of 1000-ish shares. This has now happened many, many times over the last months. Is that you keeping the ask up? You don’t have to answer if you prefer not, but if yes, well….it is appreciated. Just hope you –or whomever — won’t need to do it for much longer and that our pps can soon start to rise on it’s own steam and merit due to real, positive events….
best to you “
Today at 7:12 PM
What is happening is exactly what’s said, no confusion. 3 offers are expected to be made at some.point. The first he can accept will be taken with no more delay. All are aware of that and will be done first point it can. Never say never and possibly none are of acceptable offering. Then something more will be needed and considered when it must . They are all taking great pains to delve deep as he can take them and that’s a time consuming effort not given to small fry lightly. He would prefer a Dec decision and begin in 1st Qtr to set it all up neatly. One major consideration is the ease of access and facilities directly on Mex 2 ; what I’ve seen NONE closer. Other than I-80 Winnemucca to Wendover RR right of way sold for billions to build the west? Good as they get.
PPS? MXSG has NEVER seen bid below .02. Ask ranges for some time between above .025+ to about .04 as Fri. Hard space for any profit except you’re buying rich gold prospects cheaper than dirt. I’d just forget R PPs as only way to raise cash without borrowing. But what’s cheaper than cheaper than dirt? Some’d say hot air or blue sky but I know about 50-100 interested that would step in to see it close at the ask not the bid where some obviously took a loss to sell, and laugh all way to the bank. I get some chuckles as they recount adding to milllions held at stupid cost. I do expect it to all come out in the wash which was the way Comstock Lode came about when the awful black tar stuff was realized to be silver. 8