Friday, October 22, 2021

MXR.v - Textbook Distribution Phase - 'I'm Excited' - Redux

This masterpiece is from a couple years ago and nothing ever changes for career chitbags like Mr. Brett Matich. Dopey McDope 'Behind the Herd's Anus' Richard Mills is still providing the online lies ad nauseum, and really. Even a half assed attempt at due dilligence would turn one's stomach, so HOW can this BS go on over and over again?

If it averages 7m deep that's a billion OZ.
If it goes 14g/t avg over 1m depth it's a billion Troy OZ.
'Matich was running this so aggressively it gets me excited'
'it will get really exciting!'
'samples were too high.'
'2g/t over 1000sqkm, 1 metre deep = 141m ounces of gold.'
'talk about $3 price target'
'Billion ounce AU resource potential.'
'hottest speculative stocks right now.'
'keep market excited'

The 'life cycle' is 1) Accumulation (Base), 2) Run-up (Growth), 3) Distribution (Top), and Run-down (Decline).

The almost daily spewing on declining volume is indicative of 'Run-up.' Mr. Brett Matich promised assays almost 2 weeks ago. They haven't appeared. Instead it has been one 'fluff' NR after another. Today we have yet another meaningless 'fluff' NR accompanied by a massive surge in highly improbable 'buying'. This is indicative of distribution. Those buying into the hype now are giving their money away to those unloading cheap (and worthless) paper.
MXR.v is an absolute Text Book example of Venture promotion from dopes that do it for their entire careers.

'That’s enough to get me excited for Monday'
'keep market excited'
'Matich was running this so aggressively it gets me excited'
'it will get really exciting!'

It is ALWAYS true that uncovering scams is never rocket science.