Period  of sharp  rise to .62  in San Felix I mentioned question of  shares  issued. Easy  to see the  10Q’s  mid  Nov  show   28.6% rise over  the  2 years. 194,212 ,018 to  272,361,088.  NOT a  huge  rise  financed  all by  sales getting where  we  are. It will take  an upgrade  to investment  grade  OTC before  any  but  individuals  can do much for  the PPS.  I know  PT’ll not  expend  great  effort  on listing  when need  is for  mine  growth which can do that  itself in PPS.   Some  shares  involved either way in  the  JV  could be  a  factor  which is  an unknown but  our need  is  cash. But  decent financing  based on  some  $11  shares held might be  a goal.  When Hochschild  took strategic  interest in GRC was a  listed  share  and  not   just  part  of  the  company in a  JV. Actual ownership percentage   and  able  to increase as it  wished under the  terms.  My  feeling  as  well is  the  JV will be  very  profitable  and  prior  to any  dividend  considered  a  share  buy  back would  increase our gains  non taxed. Future  pool bank shots  not  worth a lot  at present.  Lets  get  this  sucker  running!

I’d  say near  all are  still restricted  PPs  with just  1  year possibly  deposited and  most telling me they haven’t as yet. Probably  very little increase in  trading  shares. Means  Tues 1.5 mil still a  large  chunk of  traders.  Can see  was  quick flurry and  today Wed  is   static BUT at  over  40% rise  one  day.   Hope is  to hold  the   .04 and  wait the news.  But a  quick 30% rise  in bid  is  a profit for  any  silly  enough to play  that game  in a  3  cent stock able to spring really  fast  and NEVER below  2  cents to sell .  Early  miners are  a  damn tough game! This  is  surely  one  I’d  wait out.

Now  have  heard from the  idiot society!  Correct call,  rapier.  Based  on what  I know  there’s  some  120 mil quite  tightly  held awaiting  a  huge gain shortly.  Be  truly  dumb to sell at  .03.  Leaves  some  150 mil total outside  that.  15 mil is  NOT  just  accumulation  when  in  10 days you  own all there  is  to own and  control the  company!  Hey,  fuzzy thinker,  I’ve  a  bridge  in  Brooklyn.

“It needs to be 15 million shares traded to be called accumulation of worth. 0.04X 1,5 mil= not that much

Though nice to see higher volume. I’d like to see more of that today. But 1,5 mil shares is not very much. Here’s to better times! Maybe today even. “

Never a  trader, purely an investor.  Difference is  a  day you  gain paper $200+K?  you   just  smile  sweetly and wait  for more you  know  is  on  the  way.  Never  wrong  to book profits but  you  win the bracelet  going  all in  with the  cards  in  your  hand.  And  sure no harm in   seeing how the  deck’s stacked long  ago.

Post from someone’s  who  has ACTUALLY been there  to have seen! Wonder  if’s “F” and  a  buyer  at .04?  8.

#2091575

dan42183 1 hours ago

    

I heard there was big news from next door that should corroborate the very good drill tests that are being performed on our side. Maybe not the offer, workbstart that we wanted, but definitely perfect timing to have it released while interested parties are on our property.

 

When you and Millrock Resources’re   the big  gains  in  entire down  gold  market.  But reasonable view  is have had a  few  R certs  this  big  and  a  few more  million range and  many  500Ks , one  high as  .20   just  deposited using PT’s  signature  as  proof accepted I think.  Over  4 years starting  at .03.  Not  too far  to all green  avg but reality is  we’ve  not  yet  begun the  real swing and  still look like is  all us waiting  for more. Know  anybody knows  Mexus outside  the family?

Some  simple soul  doesn’t  think much of me on I hub wanted  to see  5 million trades  on  a  day we  rose 42.86%.

Where  do hese  people  come  from? or  better yet  get off.  Good  steady  rise’s  the name BEFORE the news  or  get  buy  the  rumor and  dump the  news.  The entire  WEEK of Nov 5 ’12 rise  to .62   on  San Felix  JV news saw    just  2.49 million trades  but  lot  smaller  issue  and  float. BTW I’ve  no idea  what  that float is now perhaps 50 mil trading max? It’d be  10% in a  day and  that’s  on a  total dump schedule.   But  when totally  unrealistic  figures pop up at worst  somebody’s  letting  you know  they’re  thinking,  least  is positive. Most I know  well will still be  here  at  .50 and  above.  Paul’s  said  for  years now  we  could  do that  any  week we  choose  to.  I just  say I’m ready  give  us  a  good  reason. Should be  that.

For  Louts and scoffers who have  never  or  have  and  post  dumbness? This  is  the way it  runs.  Pour  heart  and  soul in  what  you know  damn well’s  good  HAVING seen it and overnight  success anon.  Lightning  strikes  4  times. Bit early on but  am the  eternal optimist.  Pick a  day.  8

http://www.timeanddate.com/holidays/us/st-nicholas-day

Try another  game!

Jake, I’ve tried to assemble the pros vs cons since ’10 and TOS’d off RB thanks, so they may blather knowing very little and appear quite proud standing ‘mongst the dumb. Other msg bds have not even that advantage just constant blather. Comes the shove followed a push? Best I’ll do is “told ya so”. Now a bit late to wise up to has all been with me at 3 wire gate, Feb ’12. “Let’s get this sucker running!” 8

http://www.kitco.com/ind/Wagner/2014-12-01-When-No-Reason-Finds-Real-Reasons.html

The Week, that is.  Realistic  timetable  sketched last Fri  can be   arrival late  Sat.  Sun/ AM Mon meet with Caborca  HQ  and  go over MR BIG presentations plus  any  side pots in  Tucson  counters.  PM Mon/Tue  AM  drive  to  local MR BIG HQ in Hermosillio about  2  hrs time, further  discussions finalizing prior  signing  on.  That  goes  to Fresnillio ( OK I said  it) in  London, Why there? Penoles , the  base  miner  moved to list  on a  major  world  wide  exchange after going into Penmont  with Newmont  now  taken out.  Give a  day  steeping there and  perhaps  Thurs sign  their  offer.  Earliest  PR seems Fri so I’d  wait  for   early  Mon to get best  timing  world  wide IF “F”  considers it  a large  acquired  resource  across the  rusty bob  ware  fence.  Make it  Dec  8 earliest released .  Las Posadas  begins  festivities  on   16th and  stretches  into  Jan ’15.. Things  begin again  about  the  5th.

You can usually  await  “Official Word”  and  do OK as  the  same  idiots  who  foul  the footpath always  seem to get it  wrong a time when announced.  But  for long  term gains picking  it up at the  extreme  low  PPS  was available until Oct  17 at .02.  Not  far distant  will be  laughable  and  we  do know  whom to chuckle over   a  tall cool one  or  a  warm  flaming  mug over  the  holidays  now   here.   Sometimes , tho, the  rise  is  really  swift with many  in the  cold awaiting.  Deal here is  the partner  should be  world name instant  grasped of  import  .   PT says  a  Merry  Christmas? Man with   big  gold bag passing  out  goodies not  coal this  Noel. Log it  done.

Added Belgie to members. Are a few good souls on all and we appreciate them but often seem no penalty felt needed for either nasty intent or pure stupidity. Neither are much assist in a struggle for explorers/developers. You take what you’ve been given and work up from there. Small miner’s never get rich quick or even sorta slow. It’s fill all the squares before you slide into the abyss of impossible to climb out and always involves digging much deeper first. Case in point seems to be the San Felix JV, cursed by many as waste. If what he says is correct it will provide our next big doins even as Rancho progresses now. He knows I know Ures claims well boots on and it aint that. When dealing with a man determined to leave his mark on Sonora since my Magnum Gold Cert June 6, 2008, Aussi OTC morphed into Mexus Cert  Nov  16, 2010?  Either help all you can or just get out the way. Any other path displays how dumb you were and still are. Never say never but this point never’s about a 1% chance and just means the Major’s  been wasting  own time  last month.  Faint chance  not using  heads and  coin stands  on edge?  Back to Tucson and  check tails once  again. Artful deal is  his  decision  but their offer and  my  belief is  done but  I’m prepped  to exist  until no uncertainty  at all.  But  none  more pleased  than when I can quit  yakking  and  simply  bask. 8

21st Mexus update

Again, MEXUS IS NOT FOR Sale!  Up tp 49.9%  of  the 100% owned   Julio- Santa  Elena  Ranch portion is  able  to be  taken  as  a  JV for the  PROPER $’s. My belief  is   he  has  another  property or  JV  he feels as  a valuable  long  term prospect on the horizon as well. Newmont  wanted out  of  Penmont  AND Mexico and  Fresnillo took them on the  offer.  Neither  Mexus  Mexico  nor owner  Mexus  USA are  for  sale   but  a  few  $100’s  millions  or  between $1 and  $5 premium might   be considered.  Nothing’s  going to be  given away ought  to be  fairly  obvious by now. One man knows what it’s all worth and he’s  the dealer.  Some  pretty stupid  folks   been wrong  about  him  a  very long  time  as  I ‘ve  tried my  damnedest  to point out and   have  seen me  catch all hell making  their pure silliness known.  Mix in  Happy Trails  with here  comes  Santa.

When a  company has  no earnings  you  can’t  talk of  PE.   Your measure  is  EV vs  EBIDTA. If  you’ve  $9 million cash and  260 mil shares  that’s  3.5 cents  EV  before  much else.  You can just  buy  it  at  .027  and pocket the .008. = 33% and  await  ANY earnngs .

“Will be interesting in the next few weeks to see what happens to our PPS if we do sign on with a big name like Fresnillo.
EA (Don Phillips) on his board has calculated a .035 earnings on both the JV and the sale of 50% San Felix. Not sure what that would do to our own share price. Any care to wag”

http://en.wikipedia.org/wiki/Stock_valuation

only  up 5/100th  of  a  penny  but  also the only  UP! .0275/.0270 Means  on blood  in the  gutters Black Friday? ? We  gained overall  $8K. Wait’ll the  JV! Will be  driving down  Sat AM.  Will be constant  between Caborca and Hermosillo  ironing out  details. I think a  deal has been agreed up to fingertips  range as this last   week has been  at  their request most probably prior  to  bringing  it up for  BoD to notify shareholders officially.  We  should  get the  news  at  the  same time  of  the  Joint  Venture go ahead green light.  Will be running in place for  drawing  up  some operations plans   before    long  Mexican 2  week  holidays and  full time  after Jan. Meantime Mexus Mexico now has decided  to restart  the placer  during  this  trip with all permits  in place and  ability to expand  quite a  bit  on the old  repaired  screen plant.    Been decided since  it is NOT to be  part of  the JV agreement  so can be going  quickly  as  he  can purchase and set  it properly  re-sited.  Reverts back to a family side  agreement  with Mexus  when taking  on  the  2011 rights. Family/Mexus  split unknown but  a new % as  was  already  planned  with approved  double output. May be  from 3-4  oz once planned up  to about  6-8 redoubled.  Enough stuff  to run entire  larger  JV  mine  plant  lifetime  then  some. Sits  right there plain sight  so basic  cost  is  fuel and labor. PT’s  said  again the JV is  NOT the only  iron in  the  fire  glowing  red.  Mexus is a  Sonora  player and  the joint ‘s  exploding with  much lower  cost of main expense always  FUEL! In Mexico labor  comes  second place.

He’s plumb tuckered  from this  near  full year’s dickering  and  has some  pure need  he says to do what’s  precisely  as the  Louts  claim and  take  some  time off  for fishing!  First  the  deal  then the  reel. He’s  got  it  coming  from my  end! 8

Not  just a  grab and  go clam bake.  Talk about  a millionaire’s  hobby! Something out of  Popular  Mechanics asteroid  mining  plan complete  with Star Wars  robots.  “Beam the  slurry  up, Mr. Spock !”

nautilus minerals tsx nus

Take  notes, will be on final exam. 8

http://www.poetryfoundation.org/poem/173644

Back at the  rancho. Mind,   is not  M&A for  Mexus  just  a  JV to 49%??? with cash not shares  for  production.8

TGR: Do you expect mergers and acquisitions (M&A) to be a major theme in the gold space in 2015?

FS: Yes, definitely. I think two types of deals will dominate M&A over the next while. First, midtier producers will buy cheaply valued advanced exploration or development companies at roughly a 50% premium in all-share deals. These deals will not be material to the larger companies—they are essentially buying optionality for their project portfolio, which is smart. This is the time to do so.

The other kind of transaction will be mergers among equals, mostly as acts of desperation. How else will these companies get to the critical mass that excites more shareholders? I doubt most of these deals will create value over time because there will be little operational synergies among these companies.

TGR: Are these all-paper deals the blueprint for future deals?

FS: Yes. Every company that has a decent share price can use shares as a currency without spending valuable cash. Every CEO who is prudent will not use cash for M&A at these prices. As for the target companies, those CEOs are executing a takeover bid from a solid producer, so they get something. They would probably prefer quality shares to cash. That way there is a chance to benefit from the upside once the cycle turns.

http://www.kitco.com/ind/GoldReport/2014-11-24-Florian-Siegfried-Seeking-Less-Risky-Business-in-Mining-M-A.html

I spent  one  T’giving , 1966 in  combat at Phan Rang, S. coast  below  Cam Rahn Bay  next  port  S on coast.  Have  to look up the  day’s  mission  to be  sure but  I do know  was in  support of  ground  troops S of  Highlands to Saigon area. Was  reason  we  were pulled  back from  DaNang and  N Viet  missions. Got  real hot  for  a  slow   dive  bomber with  now heavy AA and  SAM installed .  We  watched them off load  Russian  transports and  come  south  not  able  to strike  the civilian ports   just  the  ferry choke points  at  night along HiWay I , even across the  DMZ as  well,  I recall a buffet  set up  where  the S Korean  cook made burgers after  running  outside to  pee off the  porch base overlook to  China Sea   from the  hootch area above.  O’Club, a screened   rambler; attachéd  2 holers  just  out back.  Pleasant , actually and not near as noisy as  crowded  DaNang then world’s  busiest   airport.  Just  3  F-100s  and  1  B-57  sqdn in  attendance .Oh, yeah, C-123’s, Harrys’ Hog Haulers   did all   the Agent  Orange spray  missions we  flew  behind  and under to suppress  ground  fire.  Front row  seat!

Troops  we’d  supported   the   non- holiday  were getting what  could be  carried hot or far away cold  to warm up selves.  Had an interesting  conversation in my Public  Information Office at  52nd  Tac Ftr Wing HQ  about 6-7 years after -’73. I mentioned “weekends” and  both my NCO’s   looked  at  me  funny.  Both done  a  SEA tour  after my  ’66-67  and  said, “What  weekends?”  I laughed  and  agreed  no  time or  days  off  when all out to kill you in 5 countries. Included  holidays  and  day of  week was Sunday cause  the BX  Seiko auto day/date   was    red.

My first USAF holiday was  Nov  ’61 Lackland AFB TX following  Basic. Mess and clubs always did  a  bang  up spread, was  just not  home  cooking. I spent  the  afternoon at  a  nice  couple’s home after  a chapel service then a supper  at  the  mess .   Nice  but  not my  siblings  and folks.  Back in  CA afterWaco Nav training,  for  Nav  Bomb  school, Sacramento and  assigned B-52s Riverside  I was  usually able  to be  back home  until Clark AB PI and VietNam in  ’66. Back at  Clark  just  before  Christmas  I had  a  package  from my  sister  Sonja  Sue and inside was the  family  bird’s  wish bone .  Stuck it up on my  dresser for  the nice   recall  and  went  off to train some new pilot how things  are  actually  done  dive bombing  as  a crew  together  thing. More  50/50 than  they expect  from all previous training  which will keep us  BOTH alive done correct.  After a  sundown at  Hill Hacienda O’Club annex  Happy  Hour  thru dinner  I got home  and  saw  a  stream of  ants  across  the colored  concrete  living  room floor right up the  steps to  my  middle bedroom  of  the  3  we  shared  with a  mirrored  13th Tac Sqdn   between  60 day deployments.  In Villa  Angeles,   Angeles  City   guard gated  community outside Clark;  had been built by one of  first crews  from Japan in  1964 as  investment . We  furnished  by  flying  to TaiPai Taiwan  and loading  all we  could in  the bombay during  training overwater  flights.  When we  rotated  home we sold  our share  to the next   3  leasers . So I followed  the  ant  trail into my  room and it led in  and  also back out  to Sonja’s  wishbone top the  dresser! I do expect  was the only  ever  to be  roasted  in  Salinas  California and  picked polished bare in the  Philippines.  Take  yo’ holidays where they come. With all kids  gone?  Our  first  Thanksgiving today since  1971 alone  EVER. Old  has  some under appreciated  benefits and shared  with the one  you’ve  loved 44 years is among   the best.

Lot have  seen my  George Patton  style , General Order prayer, last  12 years but  encore …

Thanks, Ma’ am

Why am I so thankful for all of  God’s blessings when others  are  much more in need?

Well, I’m thankful because  She is not  second  guess  and pulling  my warranty deed.

Why is  She  not  saying,  “Now  give me  your  life as I’ve  given you  yours in  the  past.

Countless others have  bled, suffered  torture  and  died .

Did  you  think NICE was  going  to last ?”

So I’m thankful , dear Lord, for  this  season  of  peace  when my life  has been going  so well.

All I ask is  this moment  of  rest and  surcease

before  you  start  giving me  hell.

8

One selling point was  label/single  vineyard served in  the  White House, but  was  Clinton’s. Bought anyway. Best cork remover for best  wines  is the 2  blade surround  and twist.  but always  seat it  all the way down if a  screw.    W Valley  runs W from  99 to 101  on  18  and  Yamhill  is half way and good spot turn back. After mile  to/from winery just  left  at  the   OR 18 corner. Much wider  apart than most  CA and lot  less commercial.