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Absolutely and completely agree! Thank you for you technical view and I'm sure most here appreciate your posts!
This is fantastic news! Do not doubt that for a moment.
This project can be started in a short amount a time with minimal effort.
I'm just as equally excited about the San Felix project as I am the Santa Elena!
This is going to be one hell of a year!
HB
Absolutely! Needed to be done a long time ago. Felt compelled with San Felix back in the mix!
HB
When a need best to do it yourself. Working on the picture and clean the clutter.
HB
Amazing!
Now can we get a mod to add San Felix to our list of properties on this site!
And maybe add the picture of the plant from our website!
Julio Vein at Santa Elena.
"...The Julio Vein extends more than 800 meters before it buries and is known for high bonanza grades which includes the underground mining site on the property and is estimated at 415,000 tons on the surface with a minimum of 5 grams per ton. There are also four shear zones recognized in the area. Shear Zone 1 is coincident with the Julio Vein and had a sample graded at 11.5 grams. Shear Zone 2 is 400 meters to the south east and parallel to the vein system 1 through 5. Shear Zone 3 contains a bonanza pocket which had sample results as high as 19 grams was graded at an average of 5.5 grams from assayed sample results. Shear Zone 4 presently contains some pits, adits and shafts and graded 2 grams from eight samples. The 6 major vein structures identified in the area south of the Julio shaft account for nearly 4,000,000 tons of ore with an average gold grade of 2.5 grams with three times as much in Silver."
WWW.MEXUSGOLDUS.COM
HB
My Opinion below:
One day closer to seeing our share price blast back to .235 and beyond. PR due in the near future! My guess is next week will start the countdown for launch!
Mexus should make millionaires of us all! Stay tuned!
Fact below:
There was 458,000 in after hour trades and the last 58,000 was at .116
HB
From the Jan. 19th PR,
"MarMar Holdings Inc., the mine operator at the Santa Elena, is currently loading ore on the heap leach pad."
"Setup and install of the recently delivered Merrill Crowe recovery plant is now finished."
"The retention ponds are lined and ready for cyanide solution.."
"The Santa Elena property will be our first producing mine."
https://globenewswire.com/news-release/2017/01/19/909197/0/en/Mexus-Gold-Issues-Santa-Elena-update.html
Not a lot on the ask all the way up to .20
A build up towards my predicted Monday PR is going to cut right through the teens.
When the Production PR comes out, in my opinion, this will blow right through the 52 week high.
Hang on tight boys and girls!
HB
We have found a footing in the SP. My opinion, we see a very nice PR this coming Monday. My opinion, the 52 week high will be tested when we hear that we are in production. My opinion, this week we will see a push in SP on the verge of upcoming news. Remember, we are told 2 mines will be in production the first half of 2017. Santa Elena is very close!
https://globenewswire.com/news-release/2017/01/19/909197/0/en/Mexus-Gold-Issues-Santa-Elena-update.html
Pictures of progress listed here.
www.MexusGoldUS.com
It's about to get fun!
HB
Anyone looking for a near term producer? Up 15,000% increase from its low in 2016.
Mexus Gold US has given me and my family plenty in 2016. With 2 mines coming online in the first half of 2017 you should at the very least look over the past 2 PR's below. Is anyone familiar with this company?
https://globenewswire.com/news-release/2017/01/17/906135/0/en/Mexus-adds-additional-property-to-its-portfolio.html
https://globenewswire.com/news-release/2017/01/19/909197/0/en/Mexus-Gold-Issues-Santa-Elena-update.html
www.MexusGoldUS.com
HB
SANTA ELENA - Jan. 19th
https://globenewswire.com/news-release/2017/01/19/909197/0/en/Mexus-Gold-Issues-Santa-Elena-update.html
CARSON CITY, Nev., Jan. 19, 2017 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG)(“Mexus” or the “Company”) released an update on its Santa Elena mine. MarMar Holdings Inc., the mine operator at the Santa Elena, is currently loading ore on the heap leach pad. As previously stated, the equipment currently on site is insufficient to meet the scale of the project. The time and associated costs of using this equipment is prohibitive in the long run. MarMar is moving a larger crusher to the site that once installed will speed the loading process. Installation of this larger crusher will allow the company to optimize and maximize its daily output of ore and lead to much faster completion of the first lift. The cyanide leaching system will be placed on this first lift when done.
Setup and install of the recently delivered Merrill Crowe recovery plant is now finished. The on-site crew is currently assembling the inflow and outflow pipes for this system which should be completed in short order. The retention ponds are lined and ready for cyanide solution which will be one of the last steps prior to the production of gold commencing.
“The Santa Elena property will be our first producing mine. Our operating partner has multiple crews that will enable simultaneous work at both the Santa Elena and our newly acquired property (San Felix). Production at the Santa Elena is nearing and I ask for the shareholders to remain patient with the process. These steps will provide the base for what will become a large operating mine for years to come,” added Mexus CEO Paul Thompson.
About Mexus Gold US
Mexus Gold US is an American based exploration company with holdings in Mexico. Mexus recently joint ventured its flagship property with MarMar holdings of Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. The JV is currently lining the heap leach pads and ponds with the initial stacking of ore to begin in the first part of 2017. The company also is a partner with MarMar holdings at the San Felix mine in Northern Mexico. This 26,000 + acre property is ready for production which is planned for the first half of 2017. Mexus also owns rights to the Ocho Hermanos property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the mine. The permit to build and access road will be submitted in October, 2016 with the plan to drill the property for future use. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.
For more information on Mexus Gold US, visit www.mexusgoldus.com.
Cautionary Statement
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.
SAN FELIX
Can we get San Felix added to the list of properties on Ihub?
Thanks,
HB
Thanks Iceman, Did The Man say anything else?
Patience on the MM PR is killing me! LOL
HB
"No backout" kind of baffles me on being a great thing and works both ways.
MM put out no money that I'm aware of to buy their half. Where as Argo had to make expenditures quotas and payments. I'm happy that MM are of an upstanding bunch and are doing what they should be doing but don't get it twisted, we GAVE them 50% for nothing. All they have to do is get us producing. We even have to give them the $ back they spend to get us into production. Again, I'm happy we are finally going to see something pulled from the ground. The deal itself is a win win I guess. Lets be real here though, MM got one hell of a deal on our property imo.
Not sure. I believe 8 said previously there was a filing coming.
I believe the next 2 PR's will be substantial.
ie everything 100% ready to go. Fence up.
And results from drilling.
of course, The wild card will be when San Felix gets settled.
I Know nothing. Just along for the ride.. I spy something shiny and yellow
HB
Agree, Consolidation here is very nice. Thanks for chart. Ready for the next leg up, which I believe will be within 30 days now.
bwtfdik
HB
Thanks EA for the details. Very much appreciated.
HB
In my "expert"(lol) opinion, the pictures only show that they've been leveling dirt. That specific step doesn't take 2-3 weeks. If they are running the drilling and all equipment with 4-5 guys?, then i understand it taking that long. However, with the previous PR, I felt like MarMar came running with a good size crew. Noone knows when the pics were taken or how many crew members they are running with so an estimated timeline is a pure guessing game that's why I'd love to see their plan for the mine. I'm just saying that if they have a full crew drilling and a full crew using equipment then it doesn't take 2-3 weeks of leveling dirt to show that kind of progress. All in my opinion and my right to voice it.
KR
How bout those Brits!
lol
HB
It's great to see new pictures on the website. However, grading roads and marking up where the ponds will go doesn't take 2-3 weeks. Hoping the (new)pictures are a week or 2 old and we've begun to assemble something. Time will tell. 2 more weeks?....
Personally, I just want a pr with some type of detailed mine plan and estimated timeline on production. That would be superb!
HB
30 day WAG. Some drill results showing "grams per ton", mine plan with estimates on oz per day or annual, pictures galore. SP .15-20
Add .10 whenever San Felix gets settled.
Thoughts?
HB
After we are established and repay them for all startup and are on a 50/50 plan, do we also split all costs 50/50 with them from then out? Are we equal partners or do we have any leg up over them?
Do you have an estimate on how long that process takes? From drill to 3rd party to pudding party? lol
Thanks!
Greatly appreciated!
Go Mexus!
HB
Hey guys, I know there is a website that gives free level 2 but I forgot to bookmark it last time you all were speaking about it.
Could someone post a link.
Thanks HB
Good day everyone. Still lurking and following the board when I'm able to. I recently was looking back through my unrealized G/L for Mexus and saw that some of my early purchases were .36 and .47 back in 2012.
As I remember those times and what the company was on the verge of accomplishing back then, I'm seeing a similarity of coming into production. Only now the sp is @ .03. What a deal.
This time around we have a more structured company with seems alittle more feet on the floor mentality, as in PT isn't going to let a pie in the sky con artist sway us from our flagship.
I control the majority of my family's assets and was able to pick up substantial amounts under a penny. I'm encouraged by the direction of Mexus, what PT has managed to go through the past 4 years and now come out a more wiser, take no chit, mentality.
God Speed
HB
Regardless the outcome here. This is painful to watch.
down 33.33% ?
feeling small...
hb
LMAO. "Poverty or Richness awaits"
Thats the damn truth right there!
Continue to add and have actually sold others to create more available funds. This is gonna be fun... or real depressing!
WooooHoooooo!!!!!
HB
LOL. One post in 11 months and thats what you type? Great to see us attracting new and exciting individuals. Keep up the great, intelligent posting. Please enlighten us with your amusing crystal ball and funny music. Tell us next how we can make $89/hr by working from home.-Gypsy
#Kick Rocks
HB
EA, Thanks for reply and keeping us all in the loop. Have you spoken recently to Argonaut with boots on the ground at our place?
Just wondering if they are still excited about the project being a couple months down the road.
Thanks again!
HB
8, do you recall any information PT might have said about San Felix? Was hoping we'd hear something sooner than later.
Thanks HB
Catch this...
"In July 2015, Mexus and Argonaut Gold Inc. (AR.TO) entered into a joint venture option agreement for this property. This property sits in an area which is currently being mined by some of the largest mining companies in the world. Mexus has drill results which show a high grade, multi vein system throughout the property. The company looks to have this property in full production by the end of 2015."[/b
HB
Exactly the same feeling..
........
HB
Has anyone spoken to Dent in the past few weeks? Have not gotten a response from several emails.
Thanks,
HB
I could care less about who said, he said.
The only thing that matters today is the share price.
What a disappointment.
Anyone want to throw in a WAG as to when this thing will ever go up... and stay up?
HB
I don't think Paul is useless. He pulled off a great deal with Argo.
But he half A**ed the announcement by not having a marketing plan to get the info out to the masses. We only got to announce that once. One shot to make the biggest impact. Instead it seems like we pre-ejaculated on ourselfs. All seriousness, It doesn't cost much to put click through's on mining forums and it costs even less to use mass emailing systems.
You have more skin in the game than I do so if you're content with the actions of management and the SP struggling at .02, well, I guess I can try to be content to. But after over 3 years as a shareholder my tolerance for things like forgetting to pay an (bi)annual bill for the website is running thin.
Imo, the POG has nothing to do with our SP right now.
I know we can pay the web bill but its ridiculous that, more than once, we've forgotten to. smh.
frustrated is an understatement. This is not how you run a business, yet here we are, and here i sit. Trying to wait patiently until he gets a BOD and a real office with dependable staff.
-Honestly
So, how does everyone feel about today's shareprice?
Barely hanging onto .02 and fast approaching 52 week low.
Can we get any publicity here?! Belgie has passed the PR around multiple sites and I guess thats really all any of us can do at this point. It would be nice to have seen some type of further marketing done with the PR that contained Argo's name. It was like a soft opening that was never advertised and noone came out. Now, I know its temporary but we can't even keep our website up. I smh sometimes in aw that I bought into a business with someone who can't seem to run a business.
Don't get me wrong, the deal with argo was huge. But there is more to running a business than gaining trust and signing papers. Meanwhile, on a boat somewhere up north......
TML,
Some people need the colorful font. LOL!
HB