As predicted.....AGAIN!I can't say i told you so........but i did! El Mezquito drill results were made public VERY early this morning ( i wonder why!) and boy are they bad........as i expected them to be. I bet you a million bucks they were most likely (or planning to!) going to release these horrible drill results on Friday before the Memorial/Labor LONG week-end to try to bury and hide them as much as possible from investors, but probably changed their mind at the last second.....for two reasons.
The first, these guys DO READ these social media platforms like Stockhouse and they knew the massive criticism they are getting. I figure since they were being called out and they are going to attempt to sweep these drill results under the rug and hide them away from the public as best they could. So they decided to delay for a few more days and release them today. Secondly, how much bad news in a relatively short period could they sh*t on sharholders really? They were probably deciding whether to release either that terrible financing or these horrible results first, probably on Friday last week. And they decide to go with the PP news for whatever reasons they had. You cannot expect less from a "lifestyle shell" folks, this is what these used car salesmen do. Try to sell investors cr*ap and make it seem like a good deal.
The only questions remaining is HOW LONG these fools were holding on to these results to decieve investors for their own benefit? How long really? As i read through the news release, i was VERY SURPRISED to see the following quote, i really didn't expect they would actually rat themselves out or maybe it was just a mistake or overisght in incuding it in their, and it's the following......"Laboratory assay results were submitted between June 17th and August 5th. Data were received between July 15th and August 24th. Despite laboratory workloads which have impacted turnaround timelines, our samples were analysed in Vancouver and Lima, Peru to expedite completion". So according to this, they've been holding on to this for well a months. That's just goddamn crazy if you ask me! WTF are these incompetent fools doing really? Even a half decent crook will realize when the jig is up and give in to reason but these guys just keep decieving investors like it's a game. Let me tell you that Karma will be a nasty b*tch and will come back to bite these idiots bigtime.
For myself, this investment is done for me. i'll be looking to offload as i told you i would within the coming months. Hopefully & with some luck before Gold & Silver prices takeoff. Don't waste your money here folks, even if the coming euphoria & FOMO doubles or triples this garbage from here, you will still loose immensily as other more attractive & better plays go 10 to 30 fold. As i explained in my last post, for the smart ones that actually read it, this a lifestyle shell and they will go absolutely nowhere, that's the nature of this beast. Invest your money in at least a speculative play where mgmt actually has intentions about developing & cares about their s/h's invesment.
I wish things were different here, but it is what it is. The Canadian highly speculative investment space on the TSX is a large and dangerous minefield and it's very easy to step on the wrong place (like here) and get yourself blown to pieces & completely wiped out. I strongly suggest folks here who read this commnetary look for "OTHER" invesmtents to take a risk on instead on this Cr*p. If you want to salvage what is left of your investment. The final choice is yours!
Good luck & God speed