Yin, you have to view any money spent on MXR as a bet, not an...

Yin, you have to view any money spent on MXR as a bet, not an investment. The hundreds of small cap mining stocks are like this. If they manage to secure good leases and use their small budgets to prove up a decent resource then you have backed a winner at very good odds. However, like most horse races, the one with 100 to 1 odds usually does not finsh in the first 3 places.
It is looking increasingly like MXR through a combination of poor leases, bad timing and, dare I say it, poor management, will not be returning anything much in the near future.