Mexus Gold US (MXSG)

[8thaero]

Email this AM."While waiting for any updates / PRs from Argo ... I was wondering, given what you know about the
Rancho property whether you had some notion on how long it would take to get into full production.
Is it even feasible to have something up and running by end of 2015? Or, will it take more like
6 mos to get the new processing equipment and pads built and operational?

I cannot believe we can still purchase dollars for pennies; I am picking up all I can while I can ....
getting very close now to that 1st Million milestone.

Thanks for all your help"


All to really expect is they buy in full $300K spent by EOY '15. That will need drills completed since nothing else costs so much no construction begun. To begin to build out for production could start with the $1mil by Dec '16 after June's $500K. Totaled $1.8 mil. To actually build the plant for both bonanza grade metal and low grade leach would take the entire $5 mill due by end of '18 but that can be taken on at any time they desire About the amount PT wanted to undertake with the San Felix sale. Plans then for open pit using drill plan by Lemas might be completed in 1st half of '16 and completed last half with flow running 1st half '17. But all Mexus needs is the confirmation that will be started on the way by next June. Meantime if the San Felix $4 mil is recovered, any similar plan for Ures will be on MUCH more advantageous terms non hat in hand. So FIRST release by Argonaut giving results under their name is our starting point for any PPS raise I'd see. Could occur any week now but has to be by Dec 31st or rejection of project announced. THAT I can't see happening but am not God farseeing as I am or can ever hope to be. Otherwise I'd in the '16 Super Bowl betting game instead. 8's 78!