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yes. Certainly is! We deserve some good news
That EW thing. We have not heard much about it. Is it ongoing now or is it waiting on the sidelines for other adventures to come?
Here's to the MC working full throttle real soon!
Most people do, as do I. 6 month-report is up for the first 3 patients
Huge news next week if we are lucky. Everything from good results, to j/v, to PP and other indications could come. Of course, the news could be bad too. But this is what we have been waiting for!
Hope so.
Any idea how long it should take before Mr. Garcia is able to fix things?
Let's hope he will succeed. Will not be healthy otherwise, lol.
I am happy you guys are happy. He seems like a man who knows what he is doing. Ugh, let's just hope he fixes it all. Then we should be unstoppable
Good! He can help us get us going.
The Company just needs a pr saying that they are profitable. I think things will change in our favor after that. Just needs to get there first of course, but how much more could be left to deal with before that happens? it's not healthy when things don't feel like they are going as one would hope, but there shouldn't be much trouble left now. The curse of mining, lol.
Not at all. Please, continue.
Who in their right mind is selling now? Rocket man?? He isn't in his right mind though...
If they get San Felix online, who knows where we will end up next year. Truly exciting times. looking forward to the next Elena update(s).
Peny, there are those here who have waited 6 years for this to get started. If you feel impatient, it is soon over. Yes, it is not funny when things go down, but we are closer than ever to earn Money. This is the time you have been waiting for. Every PR from now on should be positive. If there is any Comfort, I bought at 48 cents. trust me, it was not healthy to see it go down to 0.0015 after that. Yet, still here I am. Luckily I had some funds to buy again at 0.01. You HAVE to be patient investing i mining in general. If Mexus turn a profit, you WILL be rewarded.
Things will likely change in that regard soon.
Never saw it. I looked for it, but I can of course have missed it.Nearsighted as I am. At least we should be Kitco worthy from now on.
Good start to the day. Someday this fall, we will maker a new 52w high
Why worry abu that now?? We are producing!!! Next PR we will be debt free most likely, and next year we have Another mine up and running!
(Btw, anyone in the know how far San Felix has come?)
How about a quarter per quarter? Hope the rally continues the rest of this week.
Are we Kitco worthy today?
Keep buying!!!
That poor guy who sold at 3 cents or whatever it was the other day. Talk about bad timing.
Time for a new 52w high in the not so distant future. Remember how it ran in December? A replay of that please!!
Any chance that will be the average grade going forward? Tremendous beyond words if that is the case.
2 grams. I wouldn't mind them average that. My calculator needs new batteries. But that will be a lot of ounces.
What a sigh of relief. Very happy for this.
Our time has come.
I bet we Close down, the markets are so weird- oh, man this felt good. Hope we get some updates soon, interviews, media, you name it.
LLT are you asleep this fine morning ?
Let's start the march to 1 buck!
Let the madness begin
Mexus and JV partner MarMar confirm production at Santa Elena mine
Mexus Gold US (OTCQB:MXSG) (“Mexus” or the “Company”) along with its joint venture partner, MarMar Holdings, today announced that they have produced gold in dore form as a result of its ongoing operation at the Santa Elena mine. Mexus CEO Paul Thompson added, “This is a monumental step for Mexus and MarMar as we have met our initial goal which was to get the Santa Elena mine into production. The finances of gold sales will be released in our quarterly reports but we will keep our investors informed as key financial goals are met. The ore we are currently placing on the heap leach pad is averaging 2 grams per ton with an expected recovery rate of 76%. We know now that the high grade near surface material we are mining will result in a lower overall cost of production.”
Mr. Marco Martinez, CEO of MarMar Holdings Inc., commented that the recovery of gold will be ongoing now that the recovery system is in full working order. In addition, he stated that the goal is to bring production to 10,000 tons a day by year end.
Mexus Geologist Cesar Lemas added, “During the month of August, the first 3 meter heap leach layer was completed with approximately 30,000 tons of ore being processed. Contained metallics are in the order of 2,000 to 4,000 oz Au and 10,000 to 15,000 oz Ag. Continuous leaching and Merrill Crowe processing will gradually turn the contained values into dore via our recovery system. Mining will also continue with the next 3 meter high heap layer being placed. Solution monitoring by fire assays shows steady recoveries in the order of 1.0 to 2.7 g/m3 Au in 3 to 5 days with an additional 5 up to 43 g/m3 Ag. Continued leaching will concentrate pregnant solution to the optimum values for Merrill Crowe processing. The current flow rate of 50gpm will be gradually increased to 200gpm to achieve maximum processing capacity and overall production. Additional primary filters will improve flow rates and recoveries from the solution. Parallel electrowinning is being installed to trap some of the high grade pregnant solution spots.”
Mr. Thompson added, “We are hitting our stride at the right time with the price of gold moving up and the Santa Elena mine beginning to produce gold. These are exciting times for Mexus and its shareholders.”
I wonder what dr. Frost is up to? It might well be we will team up with his OPKO. Question is when anyone will make a move? I suspect a big pharma wants more results done and more control over things, bringing bureaucracy in the mix, than OPKO. Might be wrong though. Anyway, every PR from now on could be game changers for us. We have the 6 month update to look forward to. GBM, other indications, etc etc...
Ok, let's hope for a great next week then!
Yep! Hopefully Roger will carve out a good deal for us if that becomes a real option going forward. I am of the opinion that deals Always take a long time to do, so when that might happen, I will not even speculate on. I know others Think it can come tomorrow But I remain cautious for now. But as long as results continue to be good, that can't be bad for Theralase. So let's hope they are!
If the first 3 have a succesful 6 month update, things will get truly exciting. Bear in mind, they only had half the planned dose. So whatever the outcome, I can't imagine the higher dose patients having worse results when their time has come. Just as good or better will be their outcome, imho! Late October for the first 3 if memory serves me right
LLT, I need to sell my Theralase for that and I will not do that. But I am happy if you are able to load up! Some freaking day soon, we will see a 45% uptick instead.
Nice comeback. Would be awesome to Close on the plus side.
ok -45% ???
You are right about that (too). Maybe some late bargain hunting can light things up a bit. Hope so.
My magic big toe tells me more is coming soon. Perhaps this week.
Yep, an update would be nice. But I gues it will come when it comes. Maybe end of September will have us smiling more than the beginning.
The mxsg board does not help matters either. Hopefully, we will be rewarded soon. Delays are always, always, always prevalent, as you say. I will give it until September out for a clear message from management how things are going, then I will become one of the whiners. This has gone on far too long. But things can change on a whim. Our chubby North Korean friend seems to push up gold at the moment. Good for us if we can start selling some!
As for Theralase, it feels like an update is very close, this week or the next is my bet. I do not know how vacation has or has not effected the speed of treatments for the remaining patients of Group 2, but i Think we will at least be given an update.
Fingers crossed!!
Thanks, JTrox. Good reading. Here's to next week! Labour day and all.