True we’re not vital to much of all except long as I’m able to least read will be trying my best to educate in VERY basics.
SO HERE’s the stupidity I stated… BUT is 9 million drop from ownership into 90 million issued… ONE FUCKING 10th of increase and ALL the funding we ever got since the 29 mil assumed. He ‘s been giving away ownership (once 99.99999% ) constantly to keep going. I feel you are as confused and as confusing as near any. And I’VE been told not to expect any more than open door if I visit on my own, Better hey, than GRC we don’t want you in Oaxaca March 2010!. The few working hard do NOT need our presence, just support. Paul will welcome open arms once we’re back running. We’d be a distraction. Best you said? NEW IS GOOD if correct. 8
“glad to know you and your wife are on the mend…
re your assessment of mexus chances for eventual success and low current pps: mostly agreed that while we may slip lower during this 4-week waiting period with no news, current pps seems pretty crazy low assuming the property is as good as pt, you and initial geology point to. would be totally happy, btw, for mexus to retain majority but will also be happy to see more experienced hands take over actual mining ops…
re the form 4 thing (and yes, i did also read your blog entry entitled “gigo”, which i assume was addressing the issue of PT’s apparent declining ownership i brought up yesterday…didn’t quite follow all of it). what i was addressing was not sale of $9k worth of stock but the box on the right side labeled “shares beneficially owned”, which had dropped from 72M to 63M…not a % but a hard number of common shares owned…a sizable drop from earlier SEC docs. Yes I realize PT and family also own stock under other names, and I admittedly don’t follow all this closely. Was just remarking (and wondering) about the ownership drop as shown by SEC record. Yes…perhaps much was sold then rebought by PT himself or others in the form of recent new PP’s….but without any further info provided, don’t think it was unreasonable to wonder about 13% drop in ownership by company CEO. In any case…not “stupid” to ask the question. No need to debate this issue further at this point…
Re mine visit issue: you say “why now”? well it isn’t just now….several have been asking since about March 2014….about 8 months…just so you know. Company has continually basically said “not a good time” with each request…their prerogative of course, but that’s on them, NOT on those making the request!
all for now…will just say i hope things are as far along as you seem to think with this jv partner…and that their dd strengthens the case for a deal. agree that if this deal works, it’ll be an entirely new — and better — ball game for mexus and all shareholders.
best
Anyone who has been following the board regularly should remember Paul selling some of his shares to some of the shareholders who previously took part in past PP’s. I don’t know how much of that accounted for the 9m drop in ownership but the proceeds went to operating costs for the two properties. To answer the bashers who say Paul is looking to get out, why would he sell his shares and sink the money back into the property if he didn’t believe in its potential? I’m glad Paul doesn’t pay attention to that RB board because its just garbage time there these days.
All we really need to know is that negotiations are continuing and the company has been making regular PR’s to confirm that. This is a very important period for this company and they don’t need distractions from the important business at hand. Eight’s right on that point and nobody cares about the bleatings from the faux shareholders on RB.