While doing the suggested exercise? Nice to recall the same individual was who got me involved in both miners at right time to set up great profit. ALWAYS wise to listen to the sole expert. I was told by BoD member Scott Jolcover back in 2006/’07 to continue to buy down GSPG AFTER a reverse split was rejected by BoD from 2005 sharehold meeting. I’d 11 million OLD shares (200 times now) and once legals settled late 2007 after reverse not taken it rose from .00048 to .07! After 200/1 reverse taken I still don’t buy it. Would be $14 to profit . From MXSG today .035 would be $5.25! Current sole expert? Fellow Scott J introduced me to, Paul T Sr in 2009! I await an explosion similar soon. I call it Phillips Postulate
When you have problems but sit on a pile of gold? First recognize the great value you sit upon ( also known as Golden Ass) then solve your problems.
Mail came
“Many again including myself, seriously question how we are so
broke — again — after so much cash has been put into
paul’s hands over the years. empirical evidence suggests
that money management — important in all speculative
pursuits and games of chance, is not one of his stronger
points.”
Take a Little MBA ” Mine start up financing” End of chapter Problem assigned. LODE vs MXSG
Premise totally incorrect. Has done wonders to get here with so little. Problem? Well, (mine) is dry. B UT I never figured to be a contracting producer short half of a JV. Just a wealthier investor. Paul can do that with one selected. I can’t so like the rest? Cool heels and buy down much as I can. Was last 9 times 1K today, Not much but all buys one after another at $9.99 a whack to TDA fee. Comes to penny a share to the ask. Adds just 9K to high 8 figures spread over family acts. BUT supports PPS best I am able. Me and Hillary are dead broke.
MXSG
“We had a cumulative net loss of $15,630,131 for the period from ( 2010, 2011,2012, 2013, 2014 ) September 18, 2009 (Exploration Stage Re-Entry) through March 31, 2014.”
Last I knew we had a larger work force available in Sonora . They got a money losing splintery old Comstock, once a bank. hotel. We got least a cool modern gonna make GOLD Godzilla dredge
LODE
Just check a similar cash raising Comstock Mining one year 2013 financing alone . We do have the old MC plant pre- reverse split as a base to compare . Total raised since March 2003? NO IDEA! With 2010 200/1 reverse PPS now $1.60 is then .008. 72,852,435 issued now becomes 14,570,487,000 (14 billion!)
“During 2013, we completed two equity financing transactions resulting in over $18.75 million in gross financing to fund working capital, ramp up of initial operations, acquire properties, plant and equipment, and support mine development, and other general corporate matters.”
As of December 31, 2013, we have 118 full-time mining employees, inclusive of our general and administrative function. We also have 5 full-time and 12 part-time hospitality employees working for the Gold Hill Hotel Inc.”
End Chapter Management Problem grade? F minus. Repeat course suggested. 8