Mexus Gold US (MXSG)

[A Dinosaur]

KC,
I assume you were typing your post when TML posted his explanation. He and I seem to agree as to the terms. It makes no sense to use net profits since that would mean that Mexus was actually paying half of the productions costs, funded by a short term, non-interest bearing note.

As to the cost of operation? I think Argonaut is leaner and meaner than Fresnillo and the grades are higher, but we'll have to wait a while to see that.

I'd like to see EA's best guess as to how they're going to spend the $5 million on mine development. Where will the first production come from? My guess is that the underground mine will not be first. But, aside from that, what processing method is fastest/cheapest to set up and use?

Dino