mxr shareholders must be despondent - just imagine being a mxr shareholder, and logging onto hc, and nobody is making a comment... do not worry, but watso, also, has these dead dog stocks - and he never bothers to look at the posts (except maybe once or twice a year).. just to give an eg - but watso has mae - he bought them when they were carpenter pacific - he got a capital return - but has rarely posted on the stock - and indeed, only reads the comments - once in the blue moon.
a couple of years ago, watso questioned the idea of selling nuggets online - the issue related to the extra costs (which would include gst) of selling the nuggets - compared to just flogging the lot. some other poster, lauded the selling of nuggets , online. in the end, it seems that the company has agreed with watso, and have given up on this idea ... a lot of mines would have incredibly rich patches - but the whole lot goes through the mill..
anyway, product sales were $179,000 for the quarter - and the company claims that production costs were only $69,000.???????????.. in the cash flow figures, there is something called "other" - which is for $331,000.. watso has no idea what this figure relates to - but watso also finds it to be unlikely, that the cost of production , is really , $69,000
mxr shareholders must be despondent - just imagine being a mxr...
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