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Thank you, 8.
Showing proof of a low grade mineralized shear zone and high grade vein (in just 1/15 of their targeted zones) is pretty exceptional for only 3 drill holes.
But what happens when they get to the other holes and find nothing but quartz?
Sincerely
Jr. Jeologist Juice
Is this the transition period where we are supposed to migrate the goalposts from "the drilling will never be done" to "the interpretation of the data"?
Ok.. I'll start tomorrow.
I hope the results are good. All that quartz they were drilling before doesn't sound good.
Come on, Ice. Sell your shares and join the dark side. Let's make crytpos great again!
Go with price. It hasn't let you down yet.
I am about to make the $5-$7 checks rain.
I might have to get a loan myself. Not all of us are getting $5-$7 checks.
I read something on the private board today that is very concerning. It basically said that everyone here who has been critical of Mexus really believes Mexus is a good stock.
And this just after I believed all of you guys again. I hope everyone here enjoys their $5-$7 checks.
Juice
Here is some DD..
Something tells me this isn’t the first time someone unsuccessfully tried dropping a Mike just to prove one of their wild theories was true.
Oh I almost forgot, yes... All of these pictures of contracts, Major Drilling on the property, and now core samples are not to be trusted.
You wouldn't happen to know Eric Dubay would you?
Excellent Post!
I searched all day and night to try and find some past pictures of Mexus core.
Well...LOOK AT IT!...Nothing but a bunch of core clogging, drill bit busting, white quartz rock with a splash of metallic discoloration mixed in. BIG..... DEAL!
Ice, It's time for folks to stop thinking like a moron and start reading the Cannabis Report.
That's a lot of quartz, Ice. Aren't you afraid it will clog up all the rigs and push back drilling?
I wonder why they are hitting a lot of quartz.... Wish I knew.
Poor drill rigs. Choking on quartz.
That's a great defense, but may not hold up with Mike walking around.
Looks like he's back drilling more holes than Dan Bilzerian for all the Deplorables.
What a warrior.
I see what you do, Shell, but you didn't pick anyone up.
The picture is there as clear as day... Mike climbing out of the hole with his own power on a ladder.
Now Mike looks pissed and you got yourself a problem.
Mike....you're a warrior.
What the???? Shell, I thought you said you had dropped Mike and there would be no drilling. Looks like Mike bounced back up and is putting some MAJOR holes in more things than just the the Mexus property.
Not so fast, Ham. Shell said he dropped a Mike who we all assumed was in charge of drilling.
Yes, I know the document said David was in charge of drilling, but can you trust that document now that Mike is gone?
Ice, this may be hard for you, but I took some time to weigh all the evidence and have come to a conclusion. Ice, you have been my wingman for awhile now, but there will be no drilling.
Ice... Shell and Git's case have just been too compelling no two ways about it. The constant evidence they have present stating there will be no drilling has tipped the scales. I mean sure, there is obviously a contract with Major Drilling and pictures of Major Drilling on the property, but how are we to know that they are really Major Drilling? It could be a rented truck with decal stickers on the side.
No Ice, I just am not convinced and am sorry to say I am switching sides once again. I hope you can understand. I never really felt like my true self on this side anyway.
ALSO....I am switching my political affiliation from this day forward.
Juice
Hey...stop the presses, Iceman.
You mean that the flat earth folks are wrong again?
Is this election night 2016? I've just been Wolf Blitzer'ed!
Major Drilling is on site (Julio Vein and the associated shear zone located at the Mexus' Santa Elena Mine) working and anticipates the drilling program will be completed by December 1st, 2018.
Thank you, Iceman. You are a true Steward to the Mexus community and a true gentleman of your word.
Nice post! I want you on my side of the wall.
Juice
Smart move. 150 bagger with the JV announcement last time around. Chances are very good that a well-known operator comes along again after drilling making the price scream again.
But hey, I know the game. Let's all try and downplay the upside potential.
P.S. Yes, the OTC is crap. There is nothing but riff-raff that comes with it (see IHUB). I expect Mexus will be able to list on a different exchange like LODE did once the project advances.
Thanks for the reminder. Please also remember to only vote once. No multiple ID's allowed. This isn't IHUB.
Go Mexus! Go Bills! Go Trumpster!
Pete Dougherty, President and CEO of Argonaut Gold stated: "The market conditions have changed since the December 2013 PFS on the Magino Gold Project
Nice find.
They made NO statement about why they didn't continue the JV with Mexus. Nothing, nada.
CARSON CITY, Nev., Dec. 04, 2015 (GLOBE NEWSWIRE)
“Argonaut explained that the uncertainty with the price of gold is challenging exploration budgets. They also added that in better economic times the company would have exercised the JV option. “
But Mexus didn't hesitate to put words in the mouth of Argo, and then they came out with that ridiculous "average" of assays. Amazing how many people fell for that.
CARSON CITY, Nev., Dec. 04, 2015 (GLOBE NEWSWIRE)
“They (Argonaut) also added that in better economic times the company would have exercised the JV option.”
Again, look at the assay data (ignore the bogus averaging that Mexus did), look at where they drilled, and you will see that Argo drilled through every mapped geological structure, and came up with almost nothing.
CARSON CITY, Nev., Dec. 04, 2015 (GLOBE NEWSWIRE)
“It is important to note that these samples were not taken from the property's quartz veins which are known to hold high grade gold.”
Career politicians, lies, and special interest. Ice was right...We see it everywhere these days.
Here is your GEICO "Goal Post Move Summary":
1. Contract has not been countersigned for drilling.
2. No proof of money being deposited for drilling.
3. If there is money, they don’t have enough money for drilling.
4. If drilling is done, Lemas is picking the holes and will follow the high gold vein which isn’t fair.
5. Once holes are complete it still will not be economical even if 100,000 ounces is found in a small area.
6. No JV partner is interested in Mexus.
We'll update you on the progress of these and other wild claims as they become available.
Translation:
And there you have it! The drill results have not even come out yet, but there are contingency plans to move back the goalposts.
Someone who would have no problem drilling straight down a narrow vein to produce a fabulous run of high grade results. There are many ways to manipulate and inflate drill data, that's one of them.
If the drilling is done professionally, samples are handled properly, the assays are done by a qualified third party assayer, and the resulting technical report is done credibly, that is all good. There, I said it.
Where is Git and what have you done to her/him/AI?
Can someone let me know if Mexus ever got to paying off the toxic loan? I got hit in the head yesterday and forgot everything post summer.
Last I remember most everyone here said Mexus wasn't going to pay it off.
Thanks in advance. Go Bills.
Juice
Translation:
The issue was whether the $75K deposit was paid to the drilling company. I don't know if it has or hasn't. My question was to those that flatly say it has been paid.....how do they know that? Move back goalpost 5 yards.
Then, the conversation wandered into whether the $200K was going to all be spent on drilling, or potentially for other uses. I contend that the $200K is not enough to complete the first stage of the drilling (800 meters of coring, with assays, and a technical report). And yet it appears that some think that $75K is enough. I was wrong. Mexus has paid them, so move back goalpost another 5 yards.
You nailed it, Ice. Just like with Kavanaugh, we'll probably see the same false accusations about drilling unsolicited holes.
Ba, Da, Ba, Ba, Bah! I'm loving it.
I just visited the Mexus website this morning. Yep, David Boucher signed a contract with Mexus for drilling out the property. Iceman's got it right once again. All misinformation here debunked. Imagine that.
David may be waiting until Nov 1st to start poking holes in Santa Elena, but started early here.
Stay away from my backyard, David. You're too good.
Juice
No better time to get involved, Ice. As the gold bull begins to pick up steam, the High Times advocates will be looking pretty silly.
Up top.
“Using the information in this drilling program and prior data from qualified geologists we are seeking to prove a 100,000oz target. At that time, we will move to Stage 2 of our drilling program and expand upon these initial findings. As a company, we will be in a stronger position having a proven resource providing multiple options moving forward.” added CEO Paul Thompson.
100,000 oz proven will be easy, but Paul says 1 million ounces more likely to be discovered down the road. 8 will be proven right again and Mexus will be just another in his list of grand slams.
Up top. Can't wait for the drill results to see what's beyond 70'.
Stead of babbling non-palpable nonsense from SOMEWHERE 24 /7 could go just ONCE into the 50' hand tool drift along 70' depth Julio shaft gave Azuka funds to construct Trinidad as Minerales La Negra with a complete 1600 gpm MC and 3 mil tons piled ore. Comes to about 2 m by 3 m or 90 cube meters with waste to surface to crush. He claimed $3 mil in era sub-$300 pog. Just 2 meter width of the 300 to drill proven up might give 150 times to just 70' depth now $1200 POG. But then I've been down to check before I bought big not just yakking here 24/7 years on. He decided more easy profit bilking rich Gringos than digging more after next decade of operating. Guess the Big Dinero Texan who put him in jail? Never seem get it right; the stolen gold ? The very court evidence Federales used put him there.
I'm no IHUB expert like you, but maybe the partners they are negotiating with are Canadian hence the 43-101?
But you're right that would just be silly.
I think the sell off can be attributed to a few individuals who finally saw through the deceptive practices of MXSG and called it a day.
I'm absolutly shocked you see it that way.
More likely they see through the real deception here and are selling to help out Mexus.
For every seller, there is a buyer.
Yeah, that makes sense to me. Null the contract with Mexus who actually paid for things and hire MarMar to freeload.
Genius.
I thought you said nobody was interested in JV'ing with Mexus? I guess that was a bunch of BS.
Oh ok. I think I understand now. So you think you have a better handle on the Mexus properties than an established miner who has already done this before. Perfect. Can't wait to see how this one turns out.
Between you and Deadjim's impeccable foresight, how can one go wrong.
Why would a big even take the time to drill it, Git, if your expert opinion was that there is no gold.
What changed? The rocks are the same.
I lost an old Galaxy phone that way. I traded it in for a much smaller Motorola.
One of the few good decisions I've made in life.
Loved the voice activating dialing feature for hands free dialing.
Charging was a little tricky though.
Be careful what you say, Git. Give it much more time and it will be back to $.10.
1.9 million shares traded today. Oof!
Sure, might be nothing or it might be time to break out the Mylanta.
LOI missing in action. Shiny object of the month is losing its luster. On to the next one!
Yeah, just like the loan payoff that was missing in action, eh? Oof!