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Lots of valuable cable coming up...huge revenues should be showing up.
I finally took a small position here yesterday at .25. Take it to .60 new high now so I can ride free shares please!! LOL, Gl all. interesting play here...seems like you get the gold rights free as earnings from the copper wiring could be more than the current share price.
Paul Thompson CEO Interview in 7 minutes http://www.blogtalkradio.com/stockgoodies
The news looks like this may be making a nice move to the production side!!!
Copper on board the boat and the mexico mines stsarting to produce in Jan I still believe this is a winner
Mexus Gold U.S. Moves ACP Equipment for Operation on Cable Project
Mexus Gold U.S. Phase I Drilling Finalized for U.S. Operations Esmeralda County, Nevada10/26/2010
Wednesday October 20, 2010, 10:39 am EDT
CARSON CITY, Nev., Oct. 20, 2010 (GLOBE NEWSWIRE) -- Mexus Gold U.S. (OTCBB: MXSG), a mining company engaged in the evaluation, acquisition, exploration, salvage and recovery of gold, silver and copper projects, is pleased to announce that Phase I Drilling Program budgets are being finalized for its Esmeralda County, Nevada mine project which consists of 150 acres of patented claims, 14 unpatented claims and 2 mill sites. Mexus has also filed an additional 12 mining claims adjacent to the existing lands situated in the Lida Mining District.
Previous Mine Engineering reports state there are drill indicated reserves and address both underground and surface open pit mining potential on the original 50 acre patented claims. A 1977 report by Andrew J. Zinkl, Mining Engineer, on the property reports 52,946 tons proven, 99,500 tons probable and 278,000 tons possible mineral bearing ore with grades averaging at 20 ounces per ton Silver and .05 ounces per ton Gold. A report dated in 1981 by E. R. Kruchowski, Mining Engineer, expanded the tonnage to 136,089 tons proven and 272,178 tons probable at average grades of 7.63 ounces Silver per ton and .05 ounces Gold per ton. Both of these previous Engineering reports covered only a portion of the 150 acre patented claims. The Company has conducted its own geological surface analysis which indicates a strike length of 4,000 feet of mineralized ground which has not been previously explored through drilling operations. The Phase I Drilling Program will incorporate this mineralized ground to further define the geological characteristics of the area and identify potential reserves on this particular area. The Company draws attention to the fact that these two reports were prepared prior to the current standards in place today for identifying and reporting mineral reserves. In the Company's opinion the reports are unto themselves a viable indication of the existence of significant mineral resources wreathe of further geological exploration and evaluation, therefore, reference was included herein.
On June 4, 2010 Mexus Gold U.S. executed a one year extension of the Option to Purchase Mine Agreement with the owner of the Esmeralda County, Nevada mine project lands which will allow the Company ample time to complete its due diligence program.
About Mexus Gold U.S.
Mexus Gold U.S. (OTCBB:MXSG) is a mining company engaged in the evaluation, acquisition, exploration, salvage and recovery of gold, silver and copper projects in the State of Sonora, Mexico, the Western United States and Alaska. Mexus Gold U.S. is dedicated to protect the environment, provide employment and education opportunities for the communities where they operate. For further information or to see the full report www.mexusgoldus.com or download our corporate profile at: http://www.premierstocks.tv/images/company_links/mexus.pdf
Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
Contact:
Mexus Gold U.S.
Paul Thompson, President/CEO
775-721-9960
A friend shared this with me...just started researching this company.
Check out YouTube - MEXUS GOLD U.S. LOADING BOAT
YouTube - MEXUS GOLD U.S. LOADING BOAT
MXSG New PR today:
http://finance.yahoo.com/news/Mexus-Gold-US-Phase-I-pz-3107442820.html?x=0&.v=1
Mexus Gold U.S. Phase I Drilling Finalized for U.S. Operations Esmeralda County, Nevada
Wednesday October 20, 2010, 10:39 am
CARSON CITY, Nev., Oct. 20, 2010 (GLOBE NEWSWIRE) -- Mexus Gold U.S. (OTCBB:MXSG - News), a mining company engaged in the evaluation, acquisition, exploration, salvage and recovery of gold, silver and copper projects, is pleased to announce that Phase I Drilling Program budgets are being finalized for its Esmeralda County, Nevada mine project which consists of 150 acres of patented claims, 14 unpatented claims and 2 mill sites. Mexus has also filed an additional 12 mining claims adjacent to the existing lands situated in the Lida Mining District.
Previous Mine Engineering reports state there are drill indicated reserves and address both underground and surface open pit mining potential on the original 50 acre patented claims. A 1977 report by Andrew J. Zinkl, Mining Engineer, on the property reports 52,946 tons proven, 99,500 tons probable and 278,000 tons possible mineral bearing ore with grades averaging at 20 ounces per ton Silver and .05 ounces per ton Gold. A report dated in 1981 by E. R. Kruchowski, Mining Engineer, expanded the tonnage to 136,089 tons proven and 272,178 tons probable at average grades of 7.63 ounces Silver per ton and .05 ounces Gold per ton. Both of these previous Engineering reports covered only a portion of the 150 acre patented claims. The Company has conducted its own geological surface analysis which indicates a strike length of 4,000 feet of mineralized ground which has not been previously explored through drilling operations. The Phase I Drilling Program will incorporate this mineralized ground to further define the geological characteristics of the area and identify potential reserves on this particular area. The Company draws attention to the fact that these two reports were prepared prior to the current standards in place today for identifying and reporting mineral reserves. In the Company's opinion the reports are unto themselves a viable indication of the existence of significant mineral resources wreathe of further geological exploration and evaluation, therefore, reference was included herein.
On June 4, 2010 Mexus Gold U.S. executed a one year extension of the Option to Purchase Mine Agreement with the owner of the Esmeralda County, Nevada mine project lands which will allow the Company ample time to complete its due diligence program.
About Mexus Gold U.S.
Mexus Gold U.S. (OTCBB:MXSG - News) is a mining company engaged in the evaluation, acquisition, exploration, salvage and recovery of gold, silver and copper projects in the State of Sonora, Mexico, the Western United States and Alaska. Mexus Gold U.S. is dedicated to protect the environment, provide employment and education opportunities for the communities where they operate. For further information or to see the full report www.mexusgoldus.com or download our corporate profile at: http://www.premierstocks.tv/images/company_links/mexus.pdf
The Mexus Gold U.S. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7718
Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
Contact:
Mexus Gold U.S.
Paul Thompson, President/CEO
775-721-9960
Premier Media Service Inc.
Kelly Black
(480) 649-8224
yawn...news is not generating excitement.
I've been watching to see if they'll shake this down hard enough that the .10 buyers will stop limit out at .15ish.
Who knows...very good potential here...but these Nevada inc. cos. with $0 book value force me to be very cautious...only buy a serious dip and I'd take "free" stock as profit pretty fast on any uptick.
New PR for MXSG today!
Photo Release: Mexus Gold U.S. Moves ACP Equipment to Begin Operation on Cable Project
http://www.globenewswire.com/newsroom/news.html?d=202369
Great News from the little company that is all about performance. I read the report online and it stated their is a lot of cooper on the property it is $4.00.
I saw the pictures of the tug and barge for the cable recovery on their website http://mexusgoldus.com/
DID you see the most recent release on MEXUS I love this CEO TWO great business models in one I like both sides of the business the cable recovery operation is green and brings in a lot of green for a little investment and a lot of hard work by management
And the good old fashioned mining company poised to start production on several projects. check out the press release just hit the wire
Mexus Gold U.S. Releases NI 43-101 Technical Report on the El Scorpio Project
MXSG Last Sale: $0.34
$0.32 x $.035
Today's Volume
781,685
It's hitting someones radar! Since this stock started taking off, it hasn't stopped!
MXSG $0.32 X $0.34
Todays high: $0.48
Volume: 772,985
Yesterday's Close: $0.25
Outstanding Shares: 149,504,416
About Mexus Gold U.S. (OTCBB:MXSG) is a mining company engaged in the evaluation, acquisition, exploration, salvage and recovery of gold, silver and copper projects in the State of Sonora, Mexico, the Western United States, and Alaska. Mexus Gold U.S. is dedicated to protecting the environment, and providing employment and education opportunities for the communities where they operate.
I just started following Mexus. The board over at Raging Bull is starting to pick up.
Anyone following this one? Look interesting to me. It has been taking off the last few days. They seem to have begun their submarine cable recovery program, which could be a bonanza if done properly and with some luck.
Does anyone know anything about this company?
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