Mexus Gold US (MXSG)

[TMLonggun]

I found this update that is not on Mexus' website nor ihub.


CARSON CITY, Nev., Oct. 17, 2014 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") today announced that it continues to have discussions with potential JV partners. Over the last 4 weeks the company has hosted numerous geologists, engineers, and experienced miners who are confirming the company's belief that the potential for this property is substantial. President Paul Thompson added, "Recently, Julio Baltazar (VP), Guillermo Baltazar (Mine Superintendent) and I have presented our information and knowledge of the project to a group of geologists representing a major mining company. We have agreed to resume our discussions in four weeks during which they will complete their internal surveying, mapping and sampling of the property. We have a high degree of confidence that this group of very professional miners will conclude that the valuation and future potential of the project does indeed exist and provide them with a basis to continue our discussions. I'm encouraged that the company is investing such a significant effort through the sheer size and manpower to conduct their due diligence in a relatively short time period."

http://www.virtual-strategy.com/2014/10/17/mexus-gold-us-update-negotiations#axzz3GiDwMr2J


There will be drill results at some point and any JV partner that enters into business with us after such DD is a very bullish case for the company because their expertise and independent data add a lot of credibility to the story. Profits and shiny bricks add even more. A deal will be done eventually in my opinion because their property is too exceptional and advanced to ignore. I hope they pull up some nice visible gold in the cores and the metals prices move up a bit to expedite the process.

This is all happening at junior mining light speed and yet may still feel like it is locked in molasses. Patience will lead to profits here eventually.

Mexus is also up 60% on 600k - it just goes to show that when things do turn it will be quick and furious and large moves will be had on low volume, whether it be a decline or an uptrend.

This steam engine will thunder forward eventually and I can see the water just starting to boil, we only need more pressure. It is building even though the train has not yet moved.

Take care everyone.