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Argonaut's San Agustin project grading in at .32 g/t. I guess Argonaut won't be making a profit if you believed everything you hear.
$400-$500 an ounce to produce is believable. Add to that $200-$300 for future drilling once the cash starts rolling in and all in costs will be around to our peers down in Mexico. We will still be making a profit.
It was fantastic. Argonaut's Castillo Mine is averaging .42 g/t. Mexus will be cooking with fire soon with 1 g/t ore.
That property has me really curious too, Rex. I love investing in silver miners.
Could someone please explain to me why Paul estimates tonnage the way he does, does not file sec documents daily instead of mining gold, and why we can't claim reserves? Does anybody out there think this is a concern?
I missed the 5000 other posts over the past few months here by two others explaining this, but can't seem to find them. Can someone direct me please? I am only up thousands of a percent on this investment, but don't know anything..
LOL! Kudos Shotgun. You literally made me laugh out loud at work. Belongs in the IHUB Hall of Fame. As we have waited for the gold pour you have brought laughter to our lives. Thank you.
Because it will probably be bigger than 1 million ounces.
Better than that! I can already retire with what Mexus has done. Most of us are just sticking around for the REAL fireworks. Sorry you weren't in at the bottom. :(
Right on. Iceman get'n real. No pun intended.
Great posts. Not to mention this gold bull is just getting started. The average miner will go up 5-10 fold. Jr's 10-20 fold...maybe more. What's that saying? The one who laughs last, laughs loudest? I can't wait to get started.
LOL! Try telling that to the masses that will be buying this stock hand over fist when we will be making too much we won't know what to do with.
That's just sick, LTT. That's like hitting the lottery twice in one year. Congrats! I have no doubt where Mexus is going. We are just getting warmed up.
Wow..Awesome pictures, 8. Thanks for sharing those.
"when there are billions in the ground waiting to be dug up."
Nice to see you are finally realizing what we have known for a long time. Sorry you weren't in at the bottom. Making all this money is so much fun!
P.S. I have more friends jumping into this next week. ;)
If you are a level headed guy and are not here just to bash the stock, check out Deadjim's first post. He was skeptical at first like you and is now a believer.
I'm not really the expert, but I do recall watching a video from Brent Cook recently who said that it doesn't really matter if you find high grade gold or silver unless you can extract it from the rock at a low cost. Some metals are harder to extract from certain types of rocks than others, so let's cross our fingers that Caesar finds a way.
It does sound promising. Hoping there is a lot more of it and metallurgy will allow for low cost extraction from the rock. I recall from Paul's audio interview that our geologist was focusing his attention on that property right now.
I would worry more about selling too soon or a windfall tax implementation than getting out too late.
When 99% of the public finally realize we've had "pure inflation Latin American style" since 2008, everyone will want protection. Then katy bar the door.
Just do a little math. Paul said our mine will rival Fresnillo's La Herradura. Fresnillo was worth $18 Billion at 1380 gold recently. La Herradura accounts for 28% of their revenue.
http://www.fresnilloplc.com/what-we-do/mines-in-operation/herradura/
What do you think Mexus will be worth if our mine is worth 20% of 18billion?
Wake me at $.50.
Thanks Rickybobby. Puts things into perspective. And even some of those certs that have been unrestricted still can't be sold until they find a discount broker. Very telling.
Interesting read. I'll be watching in Jan. Thanks Tsoprano.
Agreed. May be time to polish off my Indian visa and arbitrage a few ounces in my wallet for $1600+ a pop.
Oh yes. I was here during the last been runup. I remember the initial bump from $.08 to $.12 in a day. Then, David Solomon's buying took it to the $.20+ pretty quick. RIP
It looks that way. Not a lot of shares for sale and we should be at a 100 million market cap very soon since we are now a producer. Wake me at $.50.
Nice to see us finally print $.08 at the close.
Man... For gold going into a bloodbath phase this week, Mexus is wound pretty tight with production news imminent. Longs holding firm here. Nice job guys.
Thanks for the info, RB.
When I was trying to buy at the ask this morning ($.075) I noticed they weren't filling any of my orders. After about 10 minutes of nothing, I finally just bumped my order up to $.08. I figured what's $.005 when this thing is about to go nuclear.
Took big profits in one of my silver miners this morning on the bounce and threw it all Mexus. Thank you, Trump.
Governments and central banks will not allow deflation. IMO, we've had nothing but inflation, Deadjim. You just have to follow the money. The money has been moving to different arenas.
1. First all the inflation went into the tech bubble.
2. Tech bubble popped and a lot of that money went into real estate.
3, Real estate popped and it went into commodities markets with the oil spike.
4. Once that bubble burst, governments just printed more money and all of that money has gone into stock and bond markets (the biggest bubble of all)
The bubbles keep getting bigger and gold continues to run in lock step with each increase in the money supply. Just because we had money moving out of the commodities sector, doesn't mean we've had deflation.
Now here is the big question you have to ask yourself....Where do you think the money will go once those bubbles burst?
Please let us know before you add, Shotgun. I want to make sure I add more before the "big whale" does.
Remember what Gene said...Don't bet the whole house, Shotgun. Don't want to lose it all. Save some for Chucky Cheese.
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