Mexus Gold US (MXSG)

[A Dinosaur]

The deadline in negotiations with Iran is in a couple of hours. They've already announced that they're going to ignore it. Yes, the contract is the contract, but it's not an unusual tactic. They probably feel their risk is the $400K or so up front. If they think there's enough pressure on Paul to make him accept half the cash, it's worth the risk. Worst case in their opinion is they cough up the four mil. If they cave fast enough, they probably figure Paul would rather be done with it than sue for damages.

Risky? Maybe, but remember the culture differences. It's called the art of the deal.

Dino