Post by
rockingrooster on Nov 28, 2020 12:27pm
Not sure of the future Direction for MX Gold, however ...
IMO NOW would be the time to average down.WARNING; ONLY for investors that can afford the additional risk!! Most investors ,whom have held the stock,paper loss would have been significant after the 1 to 20 reverse split.Probably around 95% down.Doubling your stock position with buys under .20 would most likely bring you down to around $1.00 and Tripling your stock position would bring it down to around $0.75 and quadrupling to around $.60.( all new buys at .20 under)
I am sure the majority of readers will think I am crazy or under MXL mind control, however this post is simply to encourage interest.
IMO something has to happening behind the scene otherwise MXL would have shut down already.glta
Comment by
miner23 on Nov 30, 2020 1:11pm
I am down the 95% you mention but what really bugs me is that I have no idea what the company is doing. Obviously we are no longer mining either gold or bitcoins or my paper loss would be less. But I suspect you are right in that something is going on or the company would be dead.
Comment by
rockingrooster on Nov 30, 2020 1:43pm
IMO the chairman of Veritas would not become a director of MXL if nothing is going to happen..Hang on for a bit longer. I am hoping to hear MXL direction in December ,2020, however key word is HOPE. gltu
Comment by
bazbuz on Nov 30, 2020 6:09pm
I hear he's starting up a Dairy Farm after he is done Milking all of us here...
Comment by
timeforawinner2 on Dec 16, 2020 5:21pm
Bazbaz,to bad Dan just didn't carry on mining Bitcoin over 21k US today down 60 k or more on this one GLTA