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Thanks for answering my question. Nope, you still haven't done your DD.
If you want to add RG to your grand conspiracy theory that he is part of a "big scam", be my guest, but we aren't buying it. Instead you can continue to believe the other Garcia as we are making some nice gold in a few weeks. How much does 25-75 ounces per a day come to Rbtree?
Wrong. Robert Garcia was brought into a failing mine and turned it around. He said they started with 4 employees and grew to over 200 thanks to his recommendations they installed. It grew to one of the biggest mines in the 80's where Barrick Gold (worlds largest miner) was involved.
I've done my DD, have you?
Sounds like the perfect time to buy to me. The gold is there. Just a matter of time.
Or you can just wait and chase price. My friends have been buying this week.
The seal ordeal sounds serious, Garcie. I told everyone that the clubbing of baby seals down in Sonora was frowned upon, but nobody believed me.
Huh? I thought you said the price of gold was going to soar a few days ago.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135578267
There is gold in the pond. Robert Garcia tested it from the surface himself. Said they are on a good pay streak. Just need to make some adjustments and we should be good.
Believe what you want, but I'm not going anywhere.
Lol! Ouch!.
Yep. Very thankful we have a CEO that has the talent and skills to do things like this on the cheap. Not many CEO's know how to do such things for their shareowners. That is what makes Mexus so special. Not doing things by the book can lead to big dividends when you are a low cost producer. No pun intended.
I can't blame PT and MarMar for wanting to try to extract the greatest % of the 2000-4000 ounces as possible. Robert appears to have the resume and confidence to make it happen. Very exciting.
Aqua is right. She has got the goods. Just needs help with her chemistry homework. Professor Robert Garcia can help with that.
Fantastic! Another qualified expert who knows the extreme true potential of Santa Elena.
Mr. Garcia commented, “After a couple of field trips observing and evaluating your projects in Mexico, they do appear to have significant potential to become profitable mining operations with growth potential once you have finished constructing the appropriate physical extraction plants and established the proper extraction protocols for the ore.”
Yep. They are getting one step closer. Just sit back and watch things play out.
Mexus will lead the pack for the biggest percentage gain during this next leg of the gold bull. Just like last time.
I beg to differ. There is a very good chance. It was recently reconfirmed in the PR.
"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. "
I think you underestimate the LOYAL shareowners who don't live in a S-Town type of world.
Those who believe in Mexus last time were richly rewarded.
Indeed it is. For those of you who don't remember, PT even hinted that production wouldn't start until the end of the year. They've had to work out the kinks. Normal process, but they have really done a lot this year when you think about it.
Last paragraph.
"We will put it into production I believe, by the end of the year, which should make everyone quite happy."
http://www.metalsnews.com/Metals+News/MetalsNews/Dr.+Allen+Alper,+PhD+Economic+Geology+and+Petrology,+Columbia+University,+NYC,+USA/FEATURED1150352/Paul+Thompson+President+and+CEO+of+Mexus+Gold+US+(OTCQB+MXSG)+In+Gold+in+Production+Shortly+with+JV+Partner+MarMar+H.htm
10K by the end of year. You know that or you wouldn't be here.
Blow up like the blast you said we would never have?
Why can't they fix their own problems? Make a budget and get a job.
#11. PT and MarMar are responsible for global warming and the clubbing of baby seals.
Reaching a little aren't we?
My thoughts exactly. Ask moving up.
Sorry...not going anywhere. Nobody is buying it anymore.
Thanks Moni. Sounds like Mongo and Tonto are Democrats.
Greet!
Nominated for post of the year. lol! I am going to use this one someday.
"President Paul Thompson is also pleased to announce the purchase of 48 units of water for the Santa Elena project. In addition, Mr. Thompson is in negotiations for an additional 30 units of water. The total of these transactions will provide the necessary water for the Santa Elena project for years to come."
Agree. Thanks 8!
This guy has been wrong every time in the past. Now you are going to believe him?
If you do, then we would of been shut down a year ago.
If you guys really had a leg to stand on, you wouldn't be posting it on a IHUB Mexus board. You would do it through court.
Nice try.
Someone should sticky her first post. Gitreal...can you be a peach do it? ;)
Thanks for the info, Moni. Please post more often. Nice to have an actual expert on this board.
They have already poured gold per the PR and they have 2000-4000 ounces more on the pads. Most of us who have waited this long can wait a few more months to see the financials.
That's a lot of gold, BTW. Thanks for posting that again. How many dollars will that yield?
You are one of the brightest here, LTT. So glad you and Iceman came aboard.
Amen 8. True believer here.
Volume has been picking up steadily. Last time I remember we had consistent higher volume was before MXSG went up 15,000%.
It was fun watching the cockroaches scramble when 2000-4000 ounces was announced. Priceless...
Can't wait for more news like that. The ones that hold most of the shares know....
What do you call the picture right in front of your nose on the Mexus IHUB homepage? sigh..
The one with the visible chunk of gold stuck in the middle of it.
Since you are all about links, here you go..
https://investorshub.advfn.com/Mexus-Gold-US-MXSG-16362/
Yep...1250-1300 should be the low for this dip, then clear skies ahead for higher prices by Dec. Rigging goes only so far. Mexus is in great shape.
Not the .2 grams that the "remuneration" folks here want you to believe. More like 2 grams.
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."
Just incredible news! JV hitting on all cylinders now.
Mexus and JV partner MarMar confirm production at Santa Elena mine
By GlobeNewswire, September 11, 2017, 03:01:00 AM EDT
Vote up AAA
CABORCA, Mexico, Sept. 11, 2017 (GLOBE NEWSWIRE) -- 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."
Mmmm, no. Not entirely true. They said they produced dore. That's not a guess. That's from the PR. Unless you believe it gets stolen by banditos, it will be sold if it hasn't already. That is certain.
Next will be 2000-4000 ounces. Enjoy the show.
Yes...more silver at San Felix than gold. Paul said it would rival some of the larger mines in the area with the addition of 7 concessions around the San Felix they acquired.