MX Gold Corp (MXLGF)

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MX Gold Corp's Bert McPherson was interviewed by GoldStockTrades.com. Bert shares his plans for building MX Gold Corp into a profitable operation in the Kootenays.




MX Gold (MXL.V or MXLGF) has recently gotten a lot of interest after they announced the appointment of 37 year veteran mine builder Bert McPherson who came from GoldCorp (GG). They have been able to close on a few financings strengthening the financial situation since Bert has taken the helm.



Bert managed the Penasquito Mine in Mexico with over 1400 workers reporting directly to his office. It is the second largest mine and the largest gold producer in Mexico and has been a great mine for Goldcorp. Before Goldcorp, Bert built mines for Kinross, Barrick and Xstrata.



Now Bert wants to build a profitable operation for MX Gold in the Kootenays in British Columbia. They own a gold asset and a permitted mill that appear to show excellent economics. A lot has been put into these operations by prior companies as there is approximately $100 million invested with large tax loss pools. Attracting a senior level mine builder like Bert McPherson is a huge step in the right direction and now the company should move much more efficiently and effective into production. He has the track record to organize these operations. I would not be surprised if some mid tier producers look to acquire this company once these projects come together.



CLICK ON THE LINK BELOW TO SEE THE INTERVIEW