knock knock, page-764

Fair enough commentary Tuts. You have touched on a lot of issues most people have in their minds as well - even holders who still maintain the faith.

Appreciate your honest post so I will try to reciprocate as best I can.

I used to own a considerable number of shares - I have a smaller parcel now and I was lucky to get those at 3.4 cents so my losses are past losses - there are a lot of people on this forum who still hold large parcels - and would share a concern with a share price of 3.3 cents. I looked at the prospects of MXC - which I still think are good - but I think there will be a time lapse before MXC shareholders get the relief they need. I took the point of view that there were other targets that I liked and in fact I have culled my portfolio fairly dramatically - not just with MXC.

Most MM companies have come down since the heady days of early 2018 - interestingly, they have the same issues as MXC as expressed by posters on their sites - BOD over paid, some dodgy or failed deals etc. MXC is not alone in gathering criticism. Some perceived issues and some very real. Maybe a symptom of MM being a new industry.

I will stick to my assertion that the SP is being held back artificially. I have heard that from a lot of people now - and not just MXC SH. There is a lot of surprise that the SP is not 6-7 cents and it became clear in the lead up to the options expiry date that something decidedly odd was happening. By whom no one can possible know. Certain things that happened such as Cannaglobal and maybe even memories of the VC fiasco can't explain the SP that we have. Way too many goals scored over the last 12 months and no too many home goals either for the SP to be this subdued. I still maintain that MXC is rioe for a takeover at some point in the near future.

We all know that for MXC to regain some forward momentum, they need to SHOW results - that is why the quarterly reports now have increased significance - revenue is of course the key but so is the Malta enterprise getting to full production - they can't sell what they can't produce. Also, the distribution agreements have to start bearing fruit - and lots of it. We've heard very little about China so maybe that will be a good surprise when news comes in.

In my view, criticism of MXC is warranted but I also believe it is not a lost cause by any means.