Mexus Gold US (MXSG)

[KansasCrude]

That we are now talking 600 TPD is an eyebrow raiser for me

Added CEO Thompson, "We are nearing the 600 ton per day mark which was our initial goal for the placer. We expect the average yield per ton to increase but realize that our clean out results will vary from week to week. The placer is operating as planned and we are happy with the progress."

IF (perhaps a big if) we hit 8's per gram target of .8 grams per ton then we are talking about 15 oz. per day and our cut at 11 oz per day before expenses. That should gin about 300 oz per month with a 10% fudge factor for bad days. That should get us around $300K a month after expenses....Sounds like the dilution days maybe behind us if this works out. This COULD go down as the PR that's turns us around. As Belgie points out the POG is looking firm to UP. Been down 4 times in the $1150-1170 range is the bottom in? I know those that pick bottoms have stinky fingers but after 4 years of this crap maybe deliverance at hand...If so timing will also be a blessing. Viva Mexus.